Ventilator breathing circuits are tubing systems that connect ventilators to various breathing accessories such as endotracheal tubes, masks, and tracheostomy tubes. Ventilator breathing circuits are essential disposable components of mechanical ventilation that facilitate the delivery of gas flow between the ventilator and the patient. There has been a rise in the incidence of ventilator-associated pneumonia cases globally due to the growing dependence on mechanical ventilation.
The global Ventilator Breathing Circuit Market is estimated to be valued at US$ 2.5 Billion in 2023 and is expected to exhibit a CAGR of 12% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The increasing ventilator-associated pneumonia cases has been a key trend fueling the growth of the ventilator breathing circuit market. Ventilator-associated pneumonia is a major hospital-acquired infection caused by microbial contamination of the ventilator breathing circuit and accessories during prolonged mechanical ventilation. According to the Center for Disease Control and Prevention (CDC), ventilator-associated pneumonia affects around 10-20% of patients undergoing mechanical ventilation and results in prolonged hospitalization and increased healthcare costs. Manufacturers are focusing on developing advanced ventilator circuits integrated with antimicrobial and antibiotic properties to minimize microbial contamination and reduce the risks of ventilator-associated pneumonia.
Segment Analysis
Ventilator Breathing Circuit Market is segmented based on component, technology, application, end user and region. Based on component, the market is segmented into breathing circuits and humidification chambers. Amongst these, breathing circuits dominates the market as it forms an integral part of the ventilator system, connecting the ventilator to the patient. Based on technology, the market is classified as disposable and reusable. The disposable segment captures a major share due to reduced risk of contamination and greater flexibility.
Key Takeaways
The Global Ventilator Breathing Circuit Market Demand is expected to witness high growth over the forecast period owing to the Covid-19 pandemic which accelerated the demand for ventilators, worldwide.
Regional analysis: Europe dominates the global market currently owing to the presence of established players and growing prevalence of respiratory diseases. However, Asia Pacific is expected to grow at the fastest pace during the forecast period due to increasing healthcare expenditure, rising geriatric population, surge in Covid-19 cases and growing awareness.
Key players: Key players operating in the Ventilator Breathing Circuit market are Medtronic, Dragerwerk, Fisher & Paykel Healthcare, B. Braun, Smiths Group, Hamilton Medical, Flexicare Medical, and Teleflex. Medtronic captured a major share of the market owing to its robust product portfolio and strong geographical presence across major markets.
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