Breathing Circuits Market worth $2.16 billion by 2029

The breathing circuits market is projected to reach USD 2.16 billion by 2029 from USD 1.57 billion in 2024 at a CAGR of 6.5% during the forecast period. Key factors driving the growth of the breathing circuits market include rising numbers of surgeries, increasing aging population, rise in the need for respiratory support during medical procedures, and improvement of technology. With the increased rate of the aging population, chronic diseases on the rise, and many surgical care operations are being conducted across the globe. This has created an increased demand for effective respiratory care during and after the operation. Additionally, innovations in breathing circuits design that ensure improved management of air flows and other associated safety features to improve outcomes increase their adoption rate across all settings.

Many clinical settings also prefer disposable breathing circuits due to the infection control benefits of these breathing circuits along with reduced risk of cross-contamination. Government policies and regulations that support the use of disposables for improving patient safety and hygiene have further accelerated the growth. Such policies include guidelines on infection control and mandates for single-use devices in certain clinical settings. Overall, market growth is driven by technological advances and regulatory support, coupled with a rising need for respiratory care. These factors will further contribute to the robust growth of the breathing circuits market.

Download PDF Brochure

Browse in-depth TOC on “Breathing Circuits Market

289 – Tables
59 – Figures
281 – Pages

Dominance of Disposable Breathing Circuits

The market is categorized by usage into disposable and reusable breathing circuits. In 2023, disposable breathing circuits led the market share due to growing concerns over patient safety and efforts to minimize healthcare-associated infections. These single-use circuits help prevent cross-contamination, aligning with stricter infection control policies worldwide and thus boosting their adoption.

Patient Type Segmentation

The market is also segmented by patient type into adults and pediatric/neonatal patients. The adult patient segment dominated in 2023, driven by the increasing number of surgical procedures requiring anesthesia and respiratory care. The aging population further fuels this demand as older adults are more likely to need advanced respiratory management.

Regional Growth Opportunities

The global breathing circuits market spans six major regions: North America, Europe, Asia Pacific, Latin America, the Middle East & Africa, and GCC countries. The Asia Pacific region is poised for significant growth, driven by advancements in healthcare infrastructure, large patient populations, and economic expansion. Increased healthcare spending, more healthcare facilities, and supportive government policies are also contributing to the region’s growth prospects.

Request Sample Pages

Key Market Players

Leading players in the breathing circuits market include Drägerwerk AG & Co. KGaA (Germany), Medtronic (Ireland), Cardinal Health (US), Fisher & Paykel Healthcare Limited (New Zealand), ResMed (US), and several others. In 2023, Drägerwerk AG & Co. KGaA was a market leader due to its extensive global presence and innovations such as the Dräger BG ProAir, which improves performance in mining and tunneling rescue operations. Medtronic also held a significant market share, leveraging its broad product portfolio and expansive distribution network, while Cardinal Health focused on enhancing its manufacturing and distribution capabilities.

Drägerwerk AG & Co. KGaA’s Market Leadership

In 2023, Drägerwerk AG & Co. KGaA led the breathing circuits market with its strong global footprint and innovative product designs. The company’s introduction of the Dräger BG ProAir, designed for enhanced performance during extended rescue operations, exemplifies its strategy to meet diverse customer needs and maintain market leadership through continuous product innovation.

Medtronic’s Strategic Position

Medtronic (Ireland) maintained a substantial share of the market in 2023, benefiting from its diverse product range and extensive distribution network. The company’s strategic collaborations, such as its partnership with GE Healthcare to address needs in ambulatory surgery centers and office-based labs, highlight its approach to enhancing its market position through both organic and inorganic growth strategies.

Cardinal Health’s Expansion Efforts

Cardinal Health (US) secured a prominent position in the breathing circuits market in 2023, focusing on expanding its self-manufacturing capacity and global supply chain. The opening of new distribution centers in Central Ohio exemplifies its commitment to strengthening its service delivery and driving long-term growth through cost-saving measures and strategic investments.

Contact:

Mr. Rohan Salgarkar

MarketsandMarkets Inc.

1615 South Congress Ave.

Suite 103, Delray Beach, FL 33445

USA : 1-888-600-6441

UK +44-800-368-9399

Email: sales@marketsandmarkets.com

Visit Our Website: https://www.marketsandmarkets.com/

Share this post:

Recent Posts

Comments are closed.