Market Overview:
The global ventilator accessories market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of respiratory diseases, growing geriatric population, and rising demand for homecare services. Based on type, the global ventilator accessories market is segmented into breathing masks, breathing circuits, filters & connectors, expiratory valves, HMEs & sensors, test lungs and others. Breathing masks are further sub-segmented into disposable and reusable masks. The disposable mask segment is expected to grow at a higher CAGR during the forecast period as compared to the reusable mask segment due to their low cost and easy availability. Based on application, the global ventilator accessories market is divided into homecare services hospitals clinics and others (including research institutes). Homecare services are anticipated witness highest growth rate over next few years owing rising preference for home healthcare among patients suffering from chronic respiratory diseases such as asthma COPD etc.).
Product Definition:
A ventilator accessory is a device that attaches to a ventilator and is used to help the patient breathe. Accessories include masks, tubing, and filters. The importance of accessories is that they help ensure that the patient receives the correct amount of oxygen and ventilation.
Breathing Mask:
Breathing mask is a device that helps in increasing or maintaining the flow of oxygen to the patient by reducing mouth and nose movement. It's major application is in respiratory therapy where it's used as an adjunct to positive pressure ventilation (PPV) for patients with obstructive, central, or mixed airway obstruction. The other uses include anesthesia induction and assisted respiration for patients suffering from sleep apnea.
Breathing Circuit:
Breathing circuit is a device that provides mechanical support to the patient while he/she is breathing. It helps in maintaining and restoring respiratory function in patients with obstructive & restrictive lung diseases, such as cystic fibrosis, asthma, Chronic Obstructive Pulmonary Disease (COPD), and pulmonary embolism.
The global market for breathing circuits was valued at USD 557.1 million in 2016.
Application Insights:
The market is segmented by application into homecare, clinic, hospital and others. The homecare segment dominated the global ventilator accessories market in 2017 owing to increasing demand for advanced healthcare services among patients with respiratory disorders at their homes. Moreover, an increase in the prevalence of chronic respiratory diseases such as asthma will boost product demand over the forecast period.
The hospital segment is expected to witness lucrative growth during the forecast period due to a rise in number of surgeries and emergency cases across countries worldwide. According to data published by WHO in 2018, around 1 billion people are living with airway obstruction which requires ventilation support for proper breathing throughout life-threatening situations or emergency room visits resulting in increased product adoption at hospitals globally driving industry growth over the projected period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of sophisticated healthcare infrastructure, high awareness levels coupled with a large patient pool. In addition, quick adoption of advanced products is further expected to drive growth over the forecast period. Asia Pacific is estimated to be fastest-growing region during the forecast years due to increasing demand for homecare devices and rising geriatric population base. Moreover, improving economic conditions are also anticipated to boost product demand in this region over next eight years.
The key factors driving regional growth include growing medical needs especially among patients suffering from respiratory diseases such as COPD and asthma along with an increase in per capita income level.
Growth Factors:
- Increasing incidence of respiratory diseases: The global prevalence of respiratory diseases is increasing due to the changing lifestyle and environmental conditions. This is expected to drive the demand for ventilator accessories in the coming years.
- Technological advancements: The development of new and innovative ventilator accessories has helped to improve patient outcomes and increase their acceptance among healthcare professionals. This is likely to boost the growth of the market in the near future.
- Rising geriatric population: The number of elderly people is increasing globally, which is leading to an increase in cases of respiratory disorders such as pneumonia, chronic obstructive pulmonary disease (COPD), and asthma among them. This will create a high demand for ventilator accessories in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ventilator Accessories Market Research Report
By Type
Breathing Mask, Breathing Circuit, Filter & Connector, Expiratory Valve, HME & Sensor, Test Lung, Others
By Application
Homecare, Hospital, Clinic, Others
By Companies
ResMed, Philips Healthcare, Hamilton Medical, Draeger, Smiths Medical, Care Fusion, Vyaire Medical, Fisher & Paykel Healthcare, SLE-UK, O-Two Medical Technologies, Armstrong 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
163
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Ventilator Accessories Market Report Segments:
The global Ventilator Accessories market is segmented on the basis of:
Types
Breathing Mask, Breathing Circuit, Filter & Connector, Expiratory Valve, HME & Sensor, Test Lung, Others
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
Homecare, 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:
- ResMed
- Philips Healthcare
- Hamilton Medical
- Draeger
- Smiths Medical
- Care Fusion
- Vyaire Medical
- Fisher & Paykel Healthcare
- SLE-UK
- O-Two Medical Technologies
- Armstrong Medical
Highlights of The Ventilator Accessories 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:
- Breathing Mask
- Breathing Circuit
- Filter & Connector
- Expiratory Valve
- HME & Sensor
- Test Lung
- Others
- By Application:
- Homecare
- 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 Ventilator Accessories 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.
How you may use our products:
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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?
Ventilator Accessories are any devices or pieces of equipment that are used with a ventilator to help the patient breathe more easily. This can include things like masks, tubes, and other medical equipment.
Some of the major players in the ventilator accessories market are ResMed, Philips Healthcare, Hamilton Medical, Draeger, Smiths Medical, Care Fusion, Vyaire Medical, Fisher & Paykel Healthcare, SLE-UK, O-Two Medical Technologies, Armstrong Medical.
The ventilator accessories market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Ventilator Accessories 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 Ventilator Accessories Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Ventilator Accessories 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 Ventilator Accessories 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 Ventilator Accessories Market Size & Forecast, 2020-2028
4.5.1 Ventilator Accessories Market Size and Y-o-Y Growth
4.5.2 Ventilator Accessories 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 Breathing Mask
5.2.2 Breathing Circuit
5.2.3 Filter & Connector
5.2.4 Expiratory Valve
5.2.5 HME & Sensor
5.2.6 Test Lung
5.2.7 Others
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 Homecare
6.2.2 Hospital
6.2.3 Clinic
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Ventilator Accessories 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 Ventilator Accessories 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 Breathing Mask
9.6.2 Breathing Circuit
9.6.3 Filter & Connector
9.6.4 Expiratory Valve
9.6.5 HME & Sensor
9.6.6 Test Lung
9.6.7 Others
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 Homecare
9.10.2 Hospital
9.10.3 Clinic
9.10.4 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 Breathing Mask
10.6.2 Breathing Circuit
10.6.3 Filter & Connector
10.6.4 Expiratory Valve
10.6.5 HME & Sensor
10.6.6 Test Lung
10.6.7 Others
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 Homecare
10.10.2 Hospital
10.10.3 Clinic
10.10.4 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 Breathing Mask
11.6.2 Breathing Circuit
11.6.3 Filter & Connector
11.6.4 Expiratory Valve
11.6.5 HME & Sensor
11.6.6 Test Lung
11.6.7 Others
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 Homecare
11.10.2 Hospital
11.10.3 Clinic
11.10.4 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 Breathing Mask
12.6.2 Breathing Circuit
12.6.3 Filter & Connector
12.6.4 Expiratory Valve
12.6.5 HME & Sensor
12.6.6 Test Lung
12.6.7 Others
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 Homecare
12.10.2 Hospital
12.10.3 Clinic
12.10.4 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 Breathing Mask
13.6.2 Breathing Circuit
13.6.3 Filter & Connector
13.6.4 Expiratory Valve
13.6.5 HME & Sensor
13.6.6 Test Lung
13.6.7 Others
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 Homecare
13.10.2 Hospital
13.10.3 Clinic
13.10.4 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 Ventilator Accessories Market: Competitive Dashboard
14.2 Global Ventilator Accessories Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ResMed
14.3.2 Philips Healthcare
14.3.3 Hamilton Medical
14.3.4 Draeger
14.3.5 Smiths Medical
14.3.6 Care Fusion
14.3.7 Vyaire Medical
14.3.8 Fisher & Paykel Healthcare
14.3.9 SLE-UK
14.3.10 O-Two Medical Technologies
14.3.11 Armstrong Medical
