Artificial Respirator Market size is projected to experience significant growth from 2020 to 2026. The artificial respirator is primarily used for patients undergoing critical illness or general anesthesia that require artificial respiration. The use of respirator is also to facilitate clearance of secretions, prevent aspiration and maintain airway patency. The artificial respirator is manufactured in various materials and capacities.
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Artificial respirator market is expected to grow significantly during the forthcoming years owing to increasing incidence of respiratory diseases and surgeries. The respirator is used to provide adequate amount of oxygen and creates a stable airway for aspiration. This artificial fixation results into improved respiration and stable functioning of body after critical operation thus, increasing its demand over the forecast period.
The technological advancements in respiratory devices globally will drive the market growth. The combination of healthcare and technology has resulted into software applications that collects the data from the respirator attached to ventilators. The data is used to provide appropriate treatment to the patient. Other advances include nasal cannula, oxygen regulator, trans-tracheal catheter that prove beneficial for artificial delivery of oxygen. Such developments will prove beneficial for artificial respirator industry. However, stringent government regulations related to product approvals may hamper the growth of artificial respirator market over the analysis timeframe.
Based on product type, the artificial respirator is bifurcated into constant pressure and constant volume type. The constant pressure type is projected to witness lucrative growth in the coming years. The constant pressure is provided with help of continuous positive airway power/ pressure (CPAP) device. This system helps the patient to have unobstructed airway and constant supply of air. The constant pressure of artificial respirator is used for patients suffering from various respiratory diseases such as sleep apnea, respiratory distress syndrome, among others. Ability of these artificial respirators to regulate oxygen flow and limit the surgery complications will prove beneficial for the business growth.
The silicon material segment held significant share in 2019 and will show similar trend during the forecast period. Silicon artificial respirator are economical, durable and reusable. The respirator reduces the risk of patient rebreathing and ensures fresh flow of air. Additionally, these devices decrease the chance of lung infection, thus, boosting the segmental growth in the future.
Based on holding capacity, the market is segmented into volume ranges less than 1000 ml, 1000 – 4000 ml and more than 4000 ml. The capacity depends on the consumer and the conditions in which the respirators are used. The requirement of oxygen also depends on the material used. For instance, a silicon respirator has capacity of 1600 ml and similarly 500 ml respirator is used for children. The benefits offered by varied capacities has helped the patient in acute and critical conditions. Aforementioned factors will drive the market growth.
End-users of the artificial respirator include hospitals & clinics, ambulatory surgical centers, research institutes and others. Increasing number of surgeries for effective treatment of disorders and disease in hospital settings will impact the segmental growth. The advanced devices will help the patient for better treatment and will prove beneficial for the segment expansion. Moreover, the usage of artificial respirator in emergences for short term relief will augment the segmental growth.
The U.S. artificial respirator market accounted for significant revenue share in 2019 and is estimated to show substantial growth over the forecast period. Increasing prevalence of respiratory disease and disorders that results into surgeries in the country will accelerate the market growth. The rising healthcare expenditure and improving regulatory framework for medical devices will increase the demand. Moreover, strong foothold of key market players in the country, focusing on advanced product development will stimulate the market demand during the forthcoming years.
The key players operating in the artificial respirator market include Ambu, CareFusion, Drager, Fisher and Paykel Healthcare. These players undertake various strategies such as acquisitions, collaborations and mergers to garner more revenue share and maintain market position.
By Product Type, 2015-2026 (USD Million)
By Material, 2015-2026 (USD Million)
By capacity, 2015-2026 (USD Million)
By End-use, 2015-2026 (USD Million)
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