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The respiratory disposables market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 9%, as per The Business Research Company’s market report!

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The Respiratory Disposables Market Size In 2022 And Forecast

The global respiratory disposables market grew from $2.45 billion in 2021 to $2.75 billion in 2022 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The respiratory disposables market is expected to grow to $3.87 billion in 2026 at a CAGR of 8.9%.

The respiratory disposables market consists of sales of respiratory disposables and related services. Respiratory disposables include disposable resuscitators, disposable masks, disposable tubes, and other consumables and accessories.

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Increase In Prevalence Rate Of Respiratory Diseases Globally Is Driving The Growth Of The Respiratory Disposables Market

According to a study, around 65 million people suffer from chronic obstructive pulmonary disease (COPD) and around 3 million people die every year because of this disease. It was also reported that around 334 million people suffer from asthma diseases caused by air pollution as well as tobacco smoke, toxic disposable devices. These factors are increasing the demand for the treatment of respiratory ailments, thus driving the respiratory diseases market.

Competitive Landscape And The Regional Analysis Of The Respiratory Disposables Market

Major players in the respiratory disposables market are Fisher & Paykel, Becton Dickinson Company, Ambu A/S, Smiths Medical, Armstrong Medical, Teleflex, Philips Respironics, Besmed, ResMed, and Dynarex.

Additionally, as per TBRC’s research – Asia Pacific was the largest region in the respiratory disposables market in 2021 holding the largest market share.

The Respiratory Disposables Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the respiratory disposables market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the respiratory disposables market.

Technological Advancement – A Key Trend In The Respiratory Disposables Market

Rapid advances in technology are driving innovation in respiratory disposable manufacturing. Areas of particular development are likely to be AIR gel technology, wearable technologies, and 3D printing technology. These technologies are being used in the manufacturing of respiratory disposables, resulting in higher productivity, lower costs, and higher margins. Companies in this market are increasingly focusing on AIR gel technology, in which gel is incorporated into the bag on the edges of the mask which helps to the protection of the skin and creates a bridge to minimize the irritation of the skin and for effective sealing.

Respiratory Disposables Market Segmentation By The Business Research Company

1) By Type: Masks, Tubes, Inhalers, Other Types

2) By End User: Hospitals, Clinics, Ambulatory Care Centers, Other End Users

3) By Disease Indications: Asthma, Chronic Obstructive Pulmonary Disorder, Tuberculosis, Lung Cancer, Other Chronic Respiratory Diseases

4) By Application: Adult, Pediatric & Neonatal

Here Are Some Reports Related To The Respiratory Disposables Market –

Respiratory Devices And Equipment (Diagnostic) Global Market Report 2022

Respiratory Monitoring Devices Global Market Report 2022

Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2022

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