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Breathing Circuits Market Size - Global Industry, Share, Analysis, Trends and Forecast 2022 - 2030

Category : Healthcare and Pharmaceuticals | Published at : October-2022 | Delivery Format : PDF | Status: Published | Pages : 250

The Global Breathing Circuits Market Size accounted for USD 1,093.6 Million in 2021 and is projected to achieve a market size of USD 1,774.2 Million by 2030 rising at a CAGR of 5.6% from 2022 to 2030. Breathing circuits can meet the neonatal, infant, pediatric and adult anesthetic needs and are reliable, convenient and designed for safety. Since breathing circuits interface specifically with the patient, the uprightness of whole anesthesia or ventilation framework relies upon them. Anesthetic gas leaves the anesthesia machine (by means of the basic gas outlet) and afterward enters a breathing circuit. The capacity of circuit is to convey oxygen and anesthetic gases to the patient and to kill CO2. The breathing circuits can be grouped into semi-closed or closed, and open or semi-open.

Global breathing circuits market revenue is estimated to reach USD 1,774.2 Million by 2030 with a CAGR of 5.6% from 2022 to 2030

Breathing Circuits Market Report Statistics

  • Global breathing circuits market revenue is estimated to reach USD 1,774.2 Million by 2030 with a CAGR of 5.6% from 2022 to 2030
  • North America breathing circuits market share accounted for over 55% shares in 2021
  • According to WHO, chronic obstructive pulmonary disease (COPD) killed 3.23 million people in 2019
  • Growing incidence of COPD will fuel the global breathing circuits market value
  • Asia-Pacific breathing circuits market growth will register swift CAGR from 2022 to 2030
  • Based on type, open breathing circuits acquired over 35% of the overall market share in 2021
  • Among end-user, hospitals acquired over 40% market chunk in 2021
  • Growing technological advancement in breathing devices is a popular breathing circuits market trend that is fueling the industry demand

Breathing circuits are used to provide oxygen and anesthetic gases as well as remove carbon dioxide. Carbon dioxide can be removed through washout with sufficient fresh gas flow (FGF) or through soda lime absorption. The anesthetic gas leaves the anesthesia machine (via the common gas outlet) and enters the breathing circuit.

Asia-Pacific breathing circuits market growth will register swift CAGR from 2022 to 2030

Global Breathing Circuits Market Dynamics

Market Drivers

  • Growing prevalence of breathing disorders
  • Rising incidence of cases such as asthma and chronic coughing
  • Surging susceptibility to various airborne allergens

Market Restraints

  • Complex procedure of these devices
  • Lack of skilled medical professionals

Market Opportunities

  • Increasing advancement in breathing circuits
  • Advent of COVID-19 pandemic

Breathing Circuits Market Report Coverage

Market Breathing Circuits Market
Breathing Circuits Market Size 2021 USD 1,093.6 Million
Breathing Circuits Market Forecast 2030 USD 1,774.2 Million
Breathing Circuits Market CAGR During 2022 - 2030 5.6%
Breathing Circuits Market Analysis Period 2018 - 2030
Breathing Circuits Market Base Year 2021
Breathing Circuits Market Forecast Data 2022 - 2030
Segments Covered By Type, By Application, By End-User, And By Geography
Regional Scope North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
Key Companies Profiled Ambu A/S, General Electric Company, Smiths Group plc, Fisher & Paykel Healthcare Corporation Limited, Smiths Medical, Airon Corporation, HERSILL, S.L., CR Bard Inc., Altera Corp., Armstrong Medical Industries, Inc., and Becton, Dickinson and Company.
Report Coverage
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis

Breathing Circuits Market Growth Factors

Breathing circuits market is seeing an enduring development on the global level because of rising rate of obtrusive sleep apnea, asthma, and chronic obstructive pulmonary diseases. Originally, breathing circuits were planned and produced for operating rooms, but with the increment in alertness among ample and advances in innovation, these gadgets have discovered a place in post- operative care units, conveyance rooms and critical care units; in this manner expanding their market. The worldwide financial emergency brought about 6% decreases in the total estimation of the breathing circuits in 2009. Respiratory gadgets represent the biggest offer in this market because of their wide relevance. Advances in innovation have encouraged the market development. Producers are concentrating on part of portability of these gadgets; alongside expansion of connecting aspect to it. These have helped in consistent information exchange and sped up the treatment procedure.

Breathing Circuits Market Segmentation

The global breathing circuits market is segmented based on type, application, end-user, and geography.

Breathing Circuits Market By Type

  • Open Breathing Circuits
  • Semi-Open Breathing Circuits
  • Semi-Closed Breathing Circuits
  • Closed Breathing Circuits

Based on type, open breathing circuits acquired over 35% of the overall market share in 2021

According to our breathing circuits industry analysis, open breathing circuit was the biggest segment, holding a noteworthy share in the overall market in 2021. Open breathing circuit is a traditional method to aid continuous supply of oxygen and other required gases to patients. In open circuits, the machines are filled with filtered, compressed air, rather than pure oxygen. Standard open-circuit techniques have two controllers; a first one to decrease the pressure of air to allow it to be carried to the mask, and a second one to moderate the level just above standard atmospheric pressure. This air is then fostered to the mask either by a demand valve or a continuous positive pressure valve as per the requisite.

Breathing Circuits Market By Application

  • Anesthesia
  • Respiratory Dysfunction
  • Other Applications

According to our analysis, anesthesia generated the largest revenue in 2021 and is expected to continue its trend during the forecast timeframe from 2022 to 2030. Anesthesia breathing systems, depending on their application, serve as a medium for transferring anesthetic and fresh gases to patients. The growing number of surgical procedures around the world is expected to drive the segment over the next decade.

Breathing Circuits Market By End-User

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers
  • Others

According to our breathing circuits market forecast, hospital segment held the prime piece in the overall market in 2021, and is likely to prolong its growth during the forecasting stage, owing to factors such as increasing infections and other respiratory diseases around the globe.

Breathing Circuits Market Regional Outlook

North America

  • U.S.
  • Canada

Europe

  • U.K.
  • Germany
  • France
  • Spain
  • Rest of Europe

Asia-Pacific

  • India
  • Japan
  • China
  • Australia
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Rest of Latin America

The Middle East & Africa

  • South Africa
  • GCC Countries
  • Rest of the Middle East & Africa (ME&A)

Among end-user, hospitals acquired over 40% market chunk in 2021

Breathing Circuits Market Regional Analysis

North America is expected to account for the largest share of the global market during the forecast period, and this trend is expected to continue. North America's dominance is due to new product launches, technological advancements, an increase in the prevalence of respiratory diseases, and an increase in government initiatives. In addition to that, due to the rising prevalence of respiratory diseases in the region, Europe is positioned to emerge as a major revenue generator for the global breathing circuits market. During the forecasted timeframe of 2022 to 2030, Asia-Pacific is expected to have the fastest growth rate. The rising prevalence of breathing problems in China is a significant issue that is driving market growth. Chronic respiratory conditions are the second leading cause of death in China, which will drive up demand for breathing circuits in the country.

Breathing Circuits Market Players

Key companies profiled in this report involve Ambu A/S, General Electric Company, Smiths Group plc, Fisher & Paykel Healthcare Corporation Limited, Smiths Medical, Airon Corporation, HERSILL, S.L., CR Bard Inc., Altera Corp., Armstrong Medical Industries, Inc., and Becton, Dickinson and Company.

Frequently Asked Questions

The market size of breathing circuits market in 2021 was accounted to be USD 1,093.6 Million.

The projected CAGR of breathing circuits market during the analysis period of 2022 to 2030 is 5.6%.

The prominent players of the global breathing circuits market include Ambu A/S, General Electric Company, Smiths Group plc, Fisher & Paykel Healthcare Corporation Limited, Smiths Medical, Airon Corporation, HERSILL, S.L., CR Bard Inc., Altera Corp., Armstrong Medical Industries, Inc., and Becton, Dickinson and Company.

North America held the dominating breathing circuits during the analysis period of 2022 to 2030.

Asia-Pacific region exhibited fastest growing CAGR for breathing circuits during the analysis period of 2022 to 2030.

Growing prevalence of breathing disorders, rising incidence of cases such as asthma and chronic coughing, and surging susceptibility to various airborne allergens drives the growth of global breathing circuits market.

Based on type, open breathing circuits segment is expected to hold the maximum share breathing circuits market.


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