Breathing Circuits Market Analysis: Key Insights on Growth Rates, Trends, and Major Opportunities
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How has the breathing circuits market grown in recent years?
Over the last years, the market size for breathing circuits has witnessed a sturdy growth. The market is projected to progress from $2.13 billion in 2024 to $2.30 billion in 2025, representing a compound annual growth rate (CAGR) of 7.9%. The growth seen in the past period is mainly due to factors such as the rise in respiratory illnesses, increased surgical procedures, an aging population, advancements in anesthesia delivery systems, and a growing acceptance of minimally invasive surgeries.
How is the breathing circuits market size expected to evolve during the forecast period?
Expectations are high for the breathing circuits market size as it’s predicted to experience significant growth in the imminent years. A growth to a value of $3.08 billion by 2029 is expected, with a compound annual growth rate (CAGR) of 7.6%. The anticipated growth during the forecast period is primarily due to improvements in disposable medical devices, increased emphasis on infection control, the rising trend of home healthcare solutions, increased demand for portable ventilators, and enhancement of healthcare infrastructure in up-and-coming markets. Notable trends during this forecast period are the incorporation of smart sensors, the production of eco-friendly materials, the improvement of 3D printing, the adoption of wireless monitoring systems, and the increased compatibility with AI-powered ventilators.
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Which key drivers are propelling the breathing circuits market’s growth?
The escalating occurrence of lung-related ailments is predicted to catalyze the expansion of the breathing circuits industry. These ailments are a series of issues affecting the lungs and the respiratory system, compromising their ability to function adequately. The growth of these respiratory ailments is chiefly due to rising air pollution, cigarette consumption, pollution within enclosed spaces, and job-related risks. Breathing circuits contribute to managing lung issues by supplying a regulated flow of air or oxygen to patients. They help in maintaining sufficient respiration and administering required treatments like ventilation or anesthesia for individuals with compromised lung capability. For example, figures from the Centers for Disease Control and Prevention, a government organization in the US, showed an increase in adults currently struggling with asthma from 8.0% in 2021 to 8.9% in 2023 in April 2024. As a result, the escalating occurrence of respiratory diseases is fueling the expansion of the breathing circuits sector.
What are the market segments in the breathing circuits industry?
The breathing circuits market covered in this report is segmented –
1) By Circuit Type: Open Breathing Circuit, Semi-Open Breathing Circuits, Semi-Closed Breathing Circuits, Closed Breathing Circuits
2) By Usability: Disposable, Reusable
3) By Application: Anesthesia, Respiratory Support, Other Applications
4) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Other End-Users
Subsegments:
1) By Open Breathing Circuit: T-Piece Circuits, Insufflation Circuits
2) By Semi-Open Breathing Circuits: Mapleson Circuits (A, B, C, D, E, F), Bain Circuit
3) By Semi-Closed Breathing Circuits: Partial Rebreathing Circuits, Reservoir Bag Circuits
4) By Closed Breathing Circuits: Circle Breathing Systems, Low-Flow Anesthesia Circuits
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Which leading companies are shaping the growth of the breathing circuits market?
Major companies operating in the breathing circuits market are Fisher & Paykel Healthcare Corporation Limited, GaleMed Corporation, Inspiration Healthcare Group plc, Zhejiang Haisheng Medical Device Co. Ltd., Angiplast Pvt. Ltd., GBUK Group, GCMedica Enterprise Ltd., Fritz Stephan GmbH, Forca Healthcare Pvt. Ltd., Hunan Beyond Medical Technology Co. Ltd., Besmed Health Business Corporation, Bio-Med Devices Inc., Flexicare Medical Ltd., Intersurgical Ltd., 3B Medical Inc., Hangzhou Jinlin Medical Appliances Co. Ltd., Airon Corporation, D.C. Medical Systems Pvt. Ltd., GINEVRI srl, Integral Medical Products Ltd.
How are evolving market trends shaping breathing circuits Strategies?
Key players in the market are prioritizing the creation of novel technologies such as heated breathing circuit technology in a bid to streamline patient care and improve treatment results. This technology system warms and moisturizes the air or gas supplied to patients, thus preventing airway dryness and ensuring comfort for those receiving mechanical ventilation or oxygen therapy. For example, Armstrong Medical Industries Inc., a UK company well-known for its innovative medical utility products, launched a breakthrough in heated breathing circuit technology named AquaVENT VT in January 2022. This system, equipped with a heated inspiratory limb, a heated, vapor-permeable expiratory limb, BioCote antimicrobial protection, and an autofill, heated, moisturized chamber, is designed to efficiently manage ventilator circuit humidity. Collectively, these features significantly improve respiratory assistance, lower the probability of infection, and enable healthcare professionals to concentrate more on caring for their patients.
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Which geographic areas are influencing the growth of the breathing circuits market?
North America was the largest region in the breathing circuits market in 2024. The regions covered in the breathing circuits market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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