Breathing Circuits Market Size is Expected to Reach at USD 1,774 Million by 2030, Registering a CAGR of 5.6%, Owing to Growing Prevalence of Respiratory Diseases

Author: Acumen Research and Consulting

The Global Breathing Circuits Market Size is predicted to reach USD 1,774 Million by 2030 from USD 1,094 Million in 2021, at a CAGR of 5.6% between 2022 and 2030, as per the Acumen Research and Consulting

The global demand for breathing circuits is increasing due to the growing prevalence of long-term inflammation caused by smoking. The increased demand for breathing circuits is also linked to an increase in asthma prevalence, chronic coughing, and bronchial cancer. Asthma affects roughly 18.4 million persons aged 18 and above, accounting for 7.6% of all adults, according to the CDC. Due to the frequency of these diseases, there is a greater necessity for deep breathing. The breathing circuits remove CO2 while providing soothing chemicals and oxygen. This device serves as a gaseous storage device, shielding the patient from excessive pressure in the respiratory market.

Breathing circuits are a component of mechanical ventilation systems that are used to give air or oxygen to individuals who are unable to breathe on their own owing to a number of diseases such as chronic obstructive pulmonary disease (COPD), acute respiratory distress syndrome (ARDS), or a neuromuscular issue. The Breathing Circuits Market is comprised of companies that manufacture and sell breathing circuits to hospitals, clinics, and other medical facilities. It offers single-use and reusable breathing circuits, heated and non-heated, and different sizes to serve adults and children. The market is predicted to expand as the prevalence of respiratory disorders rises and the demand for improved respiratory equipment rises.

Global breathing circuits market value was worth USD 1,094 Million in 2021, with a 5.6% CAGR from 2022 to 2030

Breathing Circuits Market Statistics

  • Global breathing circuits market value was worth USD 1,094 Million in 2021, with a 5.6% CAGR from 2022 to 2030
  • According to one study, approximately 545 million people worldwide have a chronic respiratory illness, accounting for 74% of the global population
  • North America breathing circuits market share occupied around 55.2% in 2021
  • By geography, the Asia-Pacific accounts for the rapidly growing demand for breathing circuits market
  • By end-user, the hospitals sector capture over 39.8% of total market share in 2021

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Breathing Circuits Market Trends 

Companies in the worldwide breathing circuits market are concentrating on integrating moisture pathways as well as cutting-edge heating, tubes, as well as face masks to assure patients' care and comfort. The increasing number of crisis occurrences in hospitals is driving revenue growth of breathing components in the healthcare services industry. As these devices decrease the likelihood of contamination from the atmosphere, breathing circuits are increasingly being deployed to provide medications to newborn children, the elderly, and children. Furthermore, the increased incidences of barotrauma have assisted the worldwide breathing circuits market's growth.

Besides that, the complexity of the device reduces the need for breathing circuits. Breathing issues may arise as a result of unidirectional valves as well as increased carbon dioxide assimilation. Furthermore, several problems in functional respiratory circuits remain substantial challenges. Patients are becoming more interested in practicing yoga to help with health issues such as persistent coughing, bronchial malignant development, and asthma. Based on these considerations, the worldwide breathing circuits industry is expected to grow slowly during the projected timeframe.

Breathing Circuits Market Segmentation                         

Acumen Research and Consulting has segmented the global breathing circuits market by type, application, and end-user.

  • Based on the type, the industry is categorized into closed breathing circuits, semi-closed breathing circuits, open breathing circuits, and semi-open breathing circuits. The open-breathing circuit segment is predicted to see strong income growth, representing a significant market share in the coming years. The need for open breathing circuits will increase as asthma as well as other breathing issues become more common.
  • Based on the application, the market is divided into respiratory dysfunction, anesthesia, and other.
  • Based on the end-user, the market is classified into ambulatory surgical centers, hospitals, clinics, and others. According to the breathing circuits market forecast, the hospitals segment is estimated to grow significantly over the next several years.

Breathing Circuits Market Regional Overview                

Geographically, the worldwide breathing circuits market is segmented into Europe, Latin America, North America, Asia Pacific, and the MEA. According to a breathing circuits industry analysis, North America commanded a significant share of the global market. As recognized by medical societies and regulatory agencies, the region's industrialization and modernization have dramatically increased the number of respiratory problems and cardiac disease sufferers. According to numerous studies, respiratory disease is becoming more prevalent due to obesity and alterations in lifestyle. As a consequence, breathing circuits have become commonly employed in the region. Companies also have taken strategic steps to increase growth and fulfill the rising demand for breathing circuits in the region. Additionally, growing patient awareness of respiratory illnesses and the importance of clean air set the ground for the region's initial and rapid acceptance of breathing circuit systems.

Breathing Circuits Market Players            

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

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Acumen Research and Consulting

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