Market Dynamics
Increasing prevalence ofrespiratory diseases such as asthma, chronic obstructive pulmonary disease(COPD), and bronchitis, and sometimes death of patients due to respiratorydiseases are expected to drive growth of the RespiratoryAir Conditioning Devices Market. According to the World Health Organization(WHO) factsheet published in May 2018, chronic obstructive pulmonary diseaseand lower respiratory tract infection are amongst the top five chronic diseasesthat causes highest number of global death. There were around 3 million deathsdue to chronic obstructive pulmonary disease in 2016. Lower respiratory tractinfection also causes around 3 million deaths worldwide. Worsening of thisdisease leads to acute respiratory failure. Managing these diseases require thesupport of respiratory humidifiers and heaters, in order to avoid furthercomplications and infections due to unconditioned air. According to a studypublished in the New England Journal of Medicine in 2015, heated humidifiertherapy has shown to improve patient outcomes and reduce mortality ratescompared to non-invasive ventilation and standard oxygen therapy. Therefore,these factors are expected to boost growth of the global respiratory airconditioning devices market. New product launches would further propel themarket demand for respiratory air conditioning devices. For instance, inOctober 2015, Teleflex launched Hudson RCI Comfort Flo plus High Flow NasalCannula, which expands the company’s portfolio of heated high flow nasalcannula therapy (HFNCT) solutions.
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Respiratory air conditioningdevices artificially modifies air for its humidity content and temperaturebefore it is inhaled by the patient. Respiratory humidifier serves theessential functions of respiratory gas conditioning required for the sensitivelungs. This device plays an important role in patients whose naturalrespiratory humidification and warming fails. This may lead to worsening ofpulmonary infections and damage of lung tissues. Therefore, respiratoryhumidifier artificially warms and humidifies the air to be inhaled by thepatients. Inhalation of dry and cold air by patients with compromisedrespiratory function may lead to the formation of thick mucus, which willaffect the functioning of cilia and swelling of mucous membrane, blockage ofair passages, and congestion of secretion in the respiratory apparatus.Respiratory heaters are useful to avoid these complications. These systems areutilized in both invasive and non-invasive ventilation and provides thephysiological temperature of 37°C with the optimum of 100% relative humidity.Respiratory heaters are attached to the nebulizer system externally to providecontrolled warming of the air for inhalation either through cannula ortracheotomy.
Regional Insights
On the basis of region, theglobal respiratory air conditioning devices market is segmented into NorthAmerica, Latin America, Europe, Asia Pacific, Middle East, and Africa. NorthAmerica is projected to account for highest market share in the respiratory airconditioning devices market. This is due to the high prevalence of respiratorydiseases such as asthma and COPD in the region.
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According to a statistics givenby the Centers for Disease Control and Prevention (CDC) in April 2018, 1 in 13people in the U.S. suffer from asthma, which accounts for around 25 millionpeople suffering from asthma out of which 7.6% are adults and 8.4% arechildren. Asia Pacific is expected to provide lucrative opportunities for the respiratoryair conditioning devices market, owing to rising incidences of respiratorydisorders due to polluted air and unhygienic living conditions.
Competitive Landscape
Some of the key players operatingin the global respiratory air conditioning devices market include Becton andDickinson Corporation, Teleflex, Inc., WILAmed GmbH, ARMSTRONG MEDICAL,Respicare DME, Inc., GREAT GROUP MEDICAL CO., LTD., and Medline Industries,Inc.
Companies are entering intoagreement with healthcare providers for the supply of respiratory heaters toexpand their market presence and increase revenue. For instance, in December2017, Teleflex Inc. signed a group purchasing agreement with HealthTrust(supply chain organization for hospitals) to supply respiratory heaters & accessoriesto partner hospitals of HealthTrust. Under this agreement, the entire range ofactive humidification, non-invasive ventilation, and high flow nasal cannulatherapy products would be supplied to HealthTrust, which covers around 400member hospitals across the U.S.
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