LONDON--(EON: Enhanced Online News)--Technavio market research analysts forecast the global respiratory disposable devices market to grow at a CAGR of close to 5% during the forecast period, according to their latest report.
“Vendors are developing high-quality, flexible face masks to enhance patient comfort during surgical procedures. This includes scented face masks that provide relaxation to patients and colored masks for pediatric use come in different color.”
The market study covers the present scenario and growth prospects of the global respiratory disposable devices market for 2016-2020. The report also lists disposable masks, resuscitators, endotracheal tubes (ETTS), breathing circuits, and nebulizers as the five major product segments during invasive and non-invasive surgical treatment and patient care.
According to Srinivas Sashidhar, a lead analyst at Technavio for medical devices research, “Vendors are developing high-quality, flexible face masks to enhance patient comfort during surgical procedures. This includes scented face masks that provide relaxation to patients and colored masks for pediatric use come in different color.
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Technavio healthcare and life sciences analysts highlight the following three market drivers that are contributing to the growth of the global respiratory disposable devices market:
- Rise in hospital admission for respiratory diseases
- Growing incidence of chronic respiratory diseases
- Increasing number of surgical procedures
Rise in hospital admission for respiratory diseases
Respiratory diseases in the elderly and pediatric population are increasing. For example, the incidence of chronic respiratory diseases such as chronic obstructive pulmonary disorder (COPD) and pulmonary embolism among these age groups is increasing every year. This will further increase the demand for respiratory devices.
According to a study, the average length of hospital stay has also increased in the elderly population. Emergency admission owing to asthma and COPD are the main causes of prolonged hospital stay. Hence, there is a greater requirement of oxygen masks, ETTs, resuscitators, and nebulizers.
Growing incidence of chronic respiratory diseases
Worldwide, chronic respiratory diseases have increased the cost burden for governments in developed countries such as in the US and Western European countries. The incidence of chronic respiratory diseases such as COPD, asthma, sleep apnea, and pneumonia is on the rise. According to the CDC, in 2011, COPD was the third leading cause of death in the US. In the same year, around five million patients were diagnosed with COPD, of which most of the patients were aged between 65 and 74.
“Respiratory disposables such as disposable masks, ETTs, and laryngeal mask airways are necessary for such patients who require surgical procedures,” says Srinivas.
Increasing number of surgical procedures
Colectomies and appendectomies are endoscopic surgical procedures that are usually performed laparoscopically. In addition to specialty surgeries, orthopedic, trauma, ophthalmic, endoscopic, and cosmetic surgeries are also performed in hospitals. Surgical procedures can be painful; hence anesthesia is administered to the patient during the procedure to keep patients pain-free and unconscious. This requires the use of respiratory disposables.
The number of surgical procedures is on the rise in European countries. Laparoscopic colectomy procedures doubled in Slovenia and tripled in Spain between 2008 and 2013. With the rise in the number of surgical procedures, the need for respiratory disposables to administer general anesthesia will also witness a proportionate increase.
Browse Related Reports:
- Global Anesthesia Disposables Market 2016-2020
- Global Anesthesia Breathing Circuits Market 2016-2020
- Global Anesthesia Delivery Systems Market 2016-2020
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