RESPIRATORY DISPOSABLES MARKET ANALYSIS

Respiratory Disposables Market, By Product (Laryngoscope, Tubes, Breathing Bag, Resuscitator, and Others), By End User (Hospitals, Nursing Homes, & Clinics (Neonatal & pediatric, Adult, and Geriatric), Trauma Centres (Neonatal & pediatric, Adult, and Geriatric), and Homecare (Neonatal & pediatric, Adult, and Geriatric)), By Patient Group (Neonatal & pediatric, Adult, and Geriatric), and By Region (North America, Europe, Asia-Pacific, and LAMEA) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Published In : Jun 2022
Code : CMI5058
Pages :172
Formats :
Excel and PDF
Industry : Medical Devices

Respiratory Disposables MarketSize and Trends

Market Statistics:

The global respiratory disposables market was valued at US$ 1,471.80 Mn in 2021 and is forecast to reach a value of US$ 2,910.10 Mn by 2028 at a CAGR of 9.2% between 2022 and 2028.

North America held dominant position in the global respiratory disposables market in 2020, accounting for 38.5% share in terms of volume, followed by Europe and Asia Pacific, respectively.

Figure 1. Global Respiratory Disposables Market Share (%), by Region, 2022

Market Trends/Key Takeaways:

Increasing demand for respiratory disposables is expected to aid in the growth of the global respiratory disposables market. For instance, in May 2021, Dynarex Corporation announced the launch of its innovative new line of premium respiratory products, named Dynarex Resp-O2. Working closely with respiratory therapists and industry experts, Dynarex conducted in-depth research to develop a robust selection of high-quality respiratory products to serve the evolving needs of both patients and caregivers.
Rapid growth in the global geriatric population is expected to propel the growth of the global respiratory disposables market. For instance, according to WHO, by 2030, 1 in 6 people in the world will be aged 60 years or over, and the world’s population of people aged 60 years and older will double (2.1 billion) by 2050.