Market Dynamics
Increasing prevalence of
respiratory diseases such as asthma, chronic obstructive pulmonary disease
(COPD), and bronchitis, and sometimes death of patients due to respiratory
diseases are expected to drive growth of the Respiratory
Air Conditioning Devices Market. According to the World Health Organization
(WHO) factsheet published in May 2018, chronic obstructive pulmonary disease
and lower respiratory tract infection are amongst the top five chronic diseases
that causes highest number of global death. There were around 3 million deaths
due to chronic obstructive pulmonary disease in 2016. Lower respiratory tract
infection also causes around 3 million deaths worldwide. Worsening of this
disease leads to acute respiratory failure. Managing these diseases require the
support of respiratory humidifiers and heaters, in order to avoid further
complications and infections due to unconditioned air. According to a study
published in the New England Journal of Medicine in 2015, heated humidifier
therapy has shown to improve patient outcomes and reduce mortality rates
compared to non-invasive ventilation and standard oxygen therapy. Therefore,
these factors are expected to boost growth of the global respiratory air
conditioning devices market. New product launches would further propel the
market demand for respiratory air conditioning devices. For instance, in
October 2015, Teleflex launched Hudson RCI Comfort Flo plus High Flow Nasal
Cannula, which expands the company’s portfolio of heated high flow nasal
cannula therapy (HFNCT) solutions.
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Respiratory air conditioning
devices artificially modifies air for its humidity content and temperature
before it is inhaled by the patient. Respiratory humidifier serves the
essential functions of respiratory gas conditioning required for the sensitive
lungs. This device plays an important role in patients whose natural
respiratory humidification and warming fails. This may lead to worsening of
pulmonary infections and damage of lung tissues. Therefore, respiratory
humidifier artificially warms and humidifies the air to be inhaled by the
patients. Inhalation of dry and cold air by patients with compromised
respiratory function may lead to the formation of thick mucus, which will
affect the functioning of cilia and swelling of mucous membrane, blockage of
air passages, and congestion of secretion in the respiratory apparatus.
Respiratory heaters are useful to avoid these complications. These systems are
utilized in both invasive and non-invasive ventilation and provides the
physiological temperature of 37°C with the optimum of 100% relative humidity.
Respiratory heaters are attached to the nebulizer system externally to provide
controlled warming of the air for inhalation either through cannula or
tracheotomy.
Regional Insights
On the basis of region, the
global respiratory air conditioning devices market is segmented into North
America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North
America is projected to account for highest market share in the respiratory air
conditioning devices market. This is due to the high prevalence of respiratory
diseases such as asthma and COPD in the region.
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According to a statistics given
by the Centers for Disease Control and Prevention (CDC) in April 2018, 1 in 13
people in the U.S. suffer from asthma, which accounts for around 25 million
people suffering from asthma out of which 7.6% are adults and 8.4% are
children. Asia Pacific is expected to provide lucrative opportunities for the respiratory
air conditioning devices market, owing to rising incidences of respiratory
disorders due to polluted air and unhygienic living conditions.
Competitive Landscape
Some of the key players operating
in the global respiratory air conditioning devices market include Becton and
Dickinson Corporation, Teleflex, Inc., WILAmed GmbH, ARMSTRONG MEDICAL,
Respicare DME, Inc., GREAT GROUP MEDICAL CO., LTD., and Medline Industries,
Inc.
Companies are entering into
agreement with healthcare providers for the supply of respiratory heaters to
expand their market presence and increase revenue. For instance, in December
2017, Teleflex Inc. signed a group purchasing agreement with HealthTrust
(supply chain organization for hospitals) to supply respiratory heaters & accessories
to partner hospitals of HealthTrust. Under this agreement, the entire range of
active humidification, non-invasive ventilation, and high flow nasal cannula
therapy products would be supplied to HealthTrust, which covers around 400
member hospitals across the U.S.
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