Respiratory Humidifier Devices Market Trends and Opportunities 2017-2025 : Teleflex Medical GmBH, Smith Medical plc, Tyco Healthcare UK Ltd., Fisher & Paykel Corporation Ltd., WILAMed GmBH, and Vapotherm, Inc.
Respiratory humidifiers find application in healthcare systems in supplying warm moisture along with breathing gases to patients, especially pediatric patients and infants. This is necessary because the natural process of heating the inspired gas by the nasal mucosa during normal breathing is not achieved when providing respiratory support to patients with nasal cannula or mechanical ventilation. Hence, medical humidifiers, which are high flow, temperature-controlled devices, are used.
In fact, High Flow Humidification Therapy (HfT) – an emerging therapy entailing high flow humidifiers – is seeing wide adoption in treating patients with multiple respiratory disorders. This has substantially bolstered their demand. This therapy not just provides patients with respiratory support but also ups oxygen concentration in the blood. The global market for respiratory humidifier devices is characterized by the presence of numerous players and competition among them is slated to heat up in the years to come on account of the strong growth opportunities in the untapped respiratory humidifier devices market. This is slated to put a downward pressure on prices.
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Global Respiratory Humidifier Devices Market: Trends and Opportunities
The global respiratory humidifier devices market has been experiencing a steady upswing because of their usefulness in reducing the need invasive therapy and other complicated interventions in patients. Such devices are particularly helpful for ventilated, dehydrated, and immobile patients, and also patients with newly formed tracheostomies and those receiving high flow of oxygen. Going forward too, the respiratory humidifier devices market will continue to expand on account of the rising awareness about their benefits and their ease of use in patients of all ages.
Already, progress in technology has made it possible for medical humidifiers to administer gases at normal body temperature. Even the flow can be controlled electronically and other systems can be integrated doing away with the need of multiple devices. Another factor slated to positively affect the market would be the increasing number of clinical trials being conducted to ascertain impact on therapies using medical humidifiers.
Depending upon the process, the global respiratory humidifier devices market can be bifurcated into active humidification through a heated humidifier (HH) and passive humidification through moisture exchanger (HME). Respiratory humidifiers are used in different healthcare settings such as in long-term care facilities, home care, acute care, and hospice care. Of these, home care and emergency rooms will offer maximum scope for revenue in the near future.
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Global Respiratory Humidifier Devices Market: Regional Outlook
North America and Europe occupy a dominant position in the global respiratory humidifier devices market due to a robust healthcare system and increasing healthcare expenditures. In terms of growth rate, however, Asia-Pacific is predicted to outshine all other regions due to a large number of people afflicted by respiratory ailments and rising healthcare expenditure.
Companies Mentioned in Report
To present an accurate and detailed assessment of the competition prevailing in the global respiratory humidifier devices market, the report profiles companies such as Teleflex Medical GmBH, Smith Medical plc, Tyco Healthcare UK Ltd., Fisher & Paykel Corporation Ltd., WILAMed GmBH, and Vapotherm, Inc.
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