Market Size of Respiratory and Anesthesia Disposables Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.30 % |
Fastest Growing Market | Asia-Pacific |
Largest Market | North America |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
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 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.
Type | |
Laryngoscope | |
Tubes | |
Masks | |
Breathing Circuits | |
Resuscitators | |
Breathing Bags | |
Filters | |
Other Types |
Application | |
Chronic Obstructive Pulmonary Disease (COPD) | |
Surgical Procedures | |
Asthma | |
Sleep Apnea | |
Emergency Use |
End-User | |
Hospitals | |
Clinics | |
Trauma Centers |
Geography | ||||||||
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Respiratory and Anesthesia Disposables Market Size Summary
The respiratory and anesthesia disposables market is poised for growth, driven by an increasing prevalence of respiratory disorders and a rising number of surgical procedures globally. The market's expansion is supported by the growing demand for respiratory disposables, such as masks and filters, due to the high burden of conditions like COPD, tuberculosis, and asthma, exacerbated by factors like air pollution and tobacco smoking. Additionally, the market is benefiting from the surge in surgical procedures requiring anesthesia, which boosts the demand for related disposables like oxygen masks and suction catheters. The COVID-19 pandemic initially disrupted the market by reducing surgical procedures but simultaneously increased the demand for respiratory masks, highlighting the market's adaptability and potential for recovery and growth.
North America is expected to maintain a significant share of the market, fueled by the high incidence of respiratory diseases and the prevalence of smoking, which increases the demand for respiratory disposables. The region's market growth is further supported by the introduction of new products and technological advancements, enhancing the availability and effectiveness of disposable medical products. Companies in the market are actively engaging in strategies such as product launches and collaborations to strengthen their market position. The presence of key players like Medtronic, Philips, and Boston Scientific underscores the competitive landscape, with ongoing innovations aimed at meeting the evolving needs of healthcare providers and patients.
Respiratory and Anesthesia Disposables Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Increasing Prevalence of Respiratory Disorders
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1.2.2 Increasing Number of Surgeries
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1.2.3 High Prevalence of Tobacco Smoking
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1.3 Market Restraints
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1.3.1 Higher Cost of Consumables
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD)
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2.1 Type
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2.1.1 Laryngoscope
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2.1.2 Tubes
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2.1.3 Masks
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2.1.4 Breathing Circuits
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2.1.5 Resuscitators
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2.1.6 Breathing Bags
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2.1.7 Filters
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2.1.8 Other Types
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2.2 Application
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2.2.1 Chronic Obstructive Pulmonary Disease (COPD)
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2.2.2 Surgical Procedures
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2.2.3 Asthma
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2.2.4 Sleep Apnea
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2.2.5 Emergency Use
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2.3 End-User
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2.3.1 Hospitals
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2.3.2 Clinics
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2.3.3 Trauma Centers
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2.4 Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Respiratory and Anesthesia Disposables Market Size FAQs
What is the current Global Respiratory and Anesthesia Disposables Market size?
The Global Respiratory and Anesthesia Disposables Market is projected to register a CAGR of 5.30% during the forecast period (2024-2029)
Who are the key players in Global Respiratory and Anesthesia Disposables Market?
Koninklijke Philips N.V., Boston Scientific Corporation, Teleflex Incorporated, Medtronic PLC and Becton, Dickinson and Company are the major companies operating in the Global Respiratory and Anesthesia Disposables Market.