Market Overview:
The global expiratory valve market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of respiratory diseases, rising geriatric population, and technological advancements in expiratory valves. Based on type, the global expiratory valve market is segmented into single use and reusable valves. The reusable valves segment is expected to grow at a higher CAGR than the single use valves segment during the forecast period. This growth can be attributed to factors such as durability and low cost of reusable valves as compared with single use valves. Based on application, the global expiratory valve market is divided into hospital, clinic, and others segments. The hospital segment accounted for majority share of the global expiratory valve market in 2017 and this trend is projected to continue during the forecast period owing to increasing number of hospitals across globe coupled with rising demand for better treatment options for respiratory diseases patients.
Product Definition:
The expiratory valve is a type of valve found in the respiratory system that helps to control the flow of air out of the lungs. It is located between the airway and the lungs and opens during expiration to allow air to escape. The expiratory valve is important for ensuring that expired air exits quickly and completely, preventing trapped CO2 from recirculating back into the lungs.
Single Use:
Single-use is a breathing device that has been designed for one person only. It is used by people who have respiratory issues such as Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, or other breathing problems. The single-use devices are non-portable and do not require any maintenance. These products are intended to be used for a specific period of time and then disposed of after that period elapses.
Reusable:
Reusable is a device or component that can be used more than once and has an extended life span. It can be made of different materials like metal, plastic, rubber or combination of all three. The most commonly reusable components in ventilators are filters and cartridges. Other frequently reusable components are humidifiers, warmers & coolers (in anesthesia machines), patient monitors including pulse oximeters and blood pressure cuffs as well as cannulas & tubing used for IV therapy etc., etc.
Application Insights:
The others segment held the largest share of more than 50.0% in 2017 and is expected to witness significant growth over the forecast period. The others application category includes home healthcare, long-term care facility and emergency services among other applications such as rehabilitation centers and clinics. Increasing awareness regarding ELSIVs among healthcare professionals for patients suffering from respiratory diseases such as asthma is anticipated to boost product demand in this segment over the forecast period.
The hospital application segment accounted for a substantial share of more than 30.0% in 2017 owing to increasing government initiatives towards improving healthcare infrastructure at both domestic level as well as international level which eventually resulted in increased utilization of expiratory valves worldwide during recent years due to rise prevalence of respiratory diseases globally, especially asthma which accounts for high unmet medical needs globally due to its complications including breathlessness on exertion along with reduced lung function resulting into limitations associated with activities of daily living including eating, sleeping, bathing etc.
Regional Analysis:
North America dominated the global expiratory valve market in 2017. The presence of well-established healthcare infrastructure and high adoption rate for technologically advanced medical devices are some factors responsible for its large share. In addition, increasing prevalence of chronic respiratory diseases such as COPD is also expected to drive the demand for expiratory valves in this region. According to a study conducted by CDC, approximately 6 million people were diagnosed with COPD in U.S.
In Asia Pacific, the market is anticipated to grow at a lucrative rate over the forecast period owing to rising geriatric population base coupled with growing awareness about various treatment options available for heart diseases & lung disorders among patients living in developing countries such as India & China.
Growth Factors:
- Increasing incidence of respiratory diseases: The increasing incidence of respiratory diseases is one of the key growth drivers for the expiratory valve market. This is because the expiratory valves help in relieving airway obstruction and improve breathing in patients suffering from respiratory diseases.
- Growing demand for minimally invasive surgeries: The growing demand for minimally invasive surgeries is another key growth driver for the expiratory valve market. This is because the use of expiratory valves helps to reduce surgical trauma and also shorten hospital stay.
- Technological advancements: The technological advancements in the field of medical devices are another key growth driver for the expiratory valve market. This is because with each new advancement, there is an improvement in terms of performance, safety, and efficacy of these devices which helps to boost their adoption rates among healthcare professionals and patients alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Expiratory Valve Market Research Report
By Type
Single Use, Reusable
By Application
Hospital, Clinic, Others
By Companies
Smiths Medical, Hamilton Medical, ZOLL Medical, Bees Medical, Vyaire Medical, Revel Laboratory, Freudenberg Medical, Monaghan Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global Expiratory Valve Market Report Segments:
The global Expiratory Valve market is segmented on the basis of:
Types
Single Use, Reusable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Smiths Medical
- Hamilton Medical
- ZOLL Medical
- Bees Medical
- Vyaire Medical
- Revel Laboratory
- Freudenberg Medical
- Monaghan Medical
Highlights of The Expiratory Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Use
- Reusable
- By Application:
- Hospital
- Clinic
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Expiratory Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The expiratory valve is a small, thin piece of tissue located on the lower side of your lungs. It helps you breathe out by opening and closing as you take in air.
Some of the major companies in the expiratory valve market are Smiths Medical, Hamilton Medical, ZOLL Medical, Bees Medical, Vyaire Medical, Revel Laboratory, Freudenberg Medical, Monaghan Medical.
The expiratory valve market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Expiratory Valve Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Expiratory Valve Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Expiratory Valve Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Expiratory Valve Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Expiratory Valve Market Size & Forecast, 2020-2028 4.5.1 Expiratory Valve Market Size and Y-o-Y Growth 4.5.2 Expiratory Valve Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Use
5.2.2 Reusable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Expiratory Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Expiratory Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Use
9.6.2 Reusable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Use
10.6.2 Reusable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Use
11.6.2 Reusable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Use
12.6.2 Reusable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Use
13.6.2 Reusable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Expiratory Valve Market: Competitive Dashboard
14.2 Global Expiratory Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Smiths Medical
14.3.2 Hamilton Medical
14.3.3 ZOLL Medical
14.3.4 Bees Medical
14.3.5 Vyaire Medical
14.3.6 Revel Laboratory
14.3.7 Freudenberg Medical
14.3.8 Monaghan Medical