Respiratory and Anesthesia Disposables Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Respiratory and Anesthesia Disposables Market Analysis

The respiratory and anesthesia disposables market studied is expected to register a CAGR of 5.3% over the forecast period.

• COVID-19 impacted market growth. For instance, as per the data from the journal Patient Safety in Surgery published in June 2022, the overall number of surgical patients had fallen by 11.7% and 22.7%, respectively, for primary and secondary procedures in Germany. In addition, approximately 376,000 digestive operations and 24% of the cancer surgery cases were canceled in Germany during the pandemic. Thus, this impacted the demand for anesthesia disposables during the pandemic. However, the increased number of COVID-19 cases among the population increased the demand for respiratory masks during the pandemic.
• For instance, in September 2022, the South Korean government reintroduced surgical masks to curb the spread of coronavirus infection among the population. Moreover, the released restrictions have increased patient visits and hospital admissions, increasing the demand for respiratory and anesthesia disposables. Thus, the market is expected to grow over the forecast period.
• Factors such as the increasing prevalence of respiratory disorders, a growing number of surgeries, and the high prevalence of tobacco smoking are expected to boost market growth over the forecast period.
• The prevalence of respiratory disorders, such as COPD, tuberculosis, asthma, and sleep apnea, is increasing globally due to various reasons, such as air pollution, occupational chemicals and dust, frequent lower respiratory infections during childhood, and other environmental factors. This is expected to increase the demand for respiratory disposables products, hence propelling the market growth over the forecast period. For instance, according to the data published by the Center of Disease Control and Prevention (CDC), in December 2022, about 4.6% of individuals had received a chronic obstructive pulmonary disease (COPD), emphysema, or chronic bronchitis diagnosis at some point in 2021. Also, according to World Health Organization (WHO), in October 2022, an estimated 10.6 million people were diagnosed with tuberculosis (TB) in 2021, with an increase of 4.5% as compared to the pandemic period worldwide. Thus, the high burden of respiratory diseases is expected to increase the demand for filtering facepiece respirators (FFR), masks, and other disposable products to prevent the inhalation and spread of infection, hence boosting market growth.
• Additionally, the growing number of surgeries that requires anesthesia raises the demand for various anesthesia disposables products such as oxygen mask, suction catheters, tubes, and others. This, in turn, is expected to boost the market growth over the forecast period. For instance, an article published in the Journal of Orthopaedic Science in September 2021, about 4,052 knee arthroplasties are expected to be performed on men between the ages of 40 and 64 years, 6942 on men between the ages of 65 and 74 years, 14,986 on men over 75 years in Japan by 2030. In addition, as per the same source, about 7,092 knee arthroplasties are expected to be performed on women between the ages of 40 and 64 years, 22,957 on women between the ages of 65 and 74 years, and 58,340 on women over 75 years in Japan by 2030.
• Moreover, the rising new product launches are expected to increase the availability of products in the market, thereby contributing to market growth. For instance, in March 2021, Nonin Medical, Inc. launched two new disposable products, a single-use wristband and a sensor for use with Nonin's WristOx2 3150 wrist-worn pulse oximeter (SpO2). The company's new disposables offer immediate and cost-effective solutions to reduce healthcare provider and patient exposure to infectious agents. Also, in February 2021, Filti launched its new NF95 Respirator in America. The pre-certified NF95 Respirators are constructed using the company's state-of-the-art nanofiber technology and are proven to filter 95% of aerosolized, airborne particles like COVID-19 moving through the material.
• Therefore, owing to the aforementioned factors, such as the high burden of respiratory disorders and increasing surgical procedures, the studied market is expected to grow over the forecast period. However, the high cost of consumables is likely to impede the growth of the respiratory and anesthesia disposables market over the forecast period.

Respiratory and Anesthesia Disposables Market Trends

Chronic Obstructive Pulmonary Disease Segment is Expected to Witness Significant Growth Over the Forecast Period

Respiratory and Anesthesia Disposables Industry Segmentation

The respiratory and anesthesia disposables are medical consumables meant for single use in order to prevent cross-contamination among patients. These disposables greatly reduce the economic burden on the healthcare systems by eliminating the risk of re-infection, as they can be cast off after a single-use or material deterioration.

The respiratory and anesthesia disposables market is segmented by type (laryngoscope, tubes, masks, breathing circuits, resuscitators, breathing bags, filters, and other types), application (chronic obstructive pulmonary disease, surgical procedures, asthma, sleep apnea, and emergency use), end-user (hospitals, clinics, and trauma centers), geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions globally.

The report offers the value (in USD) for the above segments.