Breathing Circuit Market is set to
witness a higher CAGR during the forecast period. Breathing systems deliver
oxygen and anaesthetic gases to users and reduce the CO2. The breathing systems
comprise similar components but are formed differently. The typical components
comprise tubing to direct gas flow, fresh gas flow and an adjustable pressure
valve to regulate the pressure of the system and simultaneously enable the
waste gas.
The components of breathing systems are made up of
components that bonds with the anaesthetic machine and contains adjustable
pressure limiting (APL) valve, reservoir bag, inspiratory limb and expiratory
limb.
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Breathing circuit market is driven by rising incidences of
chronic illness due to smoking habits and air pollution. Rise in cases of
asthma, bronchial cancer and coughing is more likely to result in demand for
breathing circuit. In addition, the breathing circuit enables a high rate of
respiration by cutting down CO2 levels through the circuit. In addition, there
has been a slightly higher rise in the population with sleeping disorders that adds
to the market growth in the near future.
Product segmentation for breathing circuit market includes
open breathing, semi-open breathing and closed breathing circuits. Application
segment for the market comprises anaesthesia and respiratory dysfunction. By
end-user, the market includes ambulatory surgical centres, home care settings,
clinics and hospitals
Geographical segmentation for the market spans North
America, South America, Europe, Asia-Pacific, Middle East and Africa. North
America and Europe market accounts for a significant CAGR during the forecast
period due to easy availability of the device and rise in respiratory disorder
cases. Moreover, presence of medical infrastructure is more likely to propel
the market growth.
Asia-Pacific regions are likely to gain a higher position
due to rise in pollution levels, increase in government spending on healthcare
devices and active participation of NGO’s. Rise in population with sleeping
disorders are more likely to demand breathing circuits. Middle East and African
regions might witness a moderate growth due to slow and steady awareness among
the masses.
The key players profiled in the breathing circuit market
report are Ambu A/S, C.R. Bard, Armstrong Medical Industries Inc, Becton
Dickinson Inc, Bio-Med Devices, Beijing Aeonmed Co Ltd, Fisher & Paykel
Healthcare Corporation Limited, Smits Group Plc, Teleflex Inc, Flexicare
Medical Ltd and General Electric Company.
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