[FURL=https://www.industryarc.com/Research/Breathing-Circuits-Market-Research-508385?utm_source=briefingwire&utm_medium=pressrelease&utm_campaign=paidpressrelease]Breathing Circuits Market[/FURL] Breathing Circuits Market/FURL] Breathing Circuits Market size was estimated at $1.1 billion in 2020, projected to grow at a CAGR of 3.5% during the forecast period 2021-2026. Breathing Circuits industry is witnessing huge demand owing to rising number of coronavirus cases and also asthma cases worldwide. A breathing machine, also known as a breathing circuit or mapelson is a medical device that delivers oxygen, removes carbon dioxide, and administers inhaled anesthetics to a patient.Key Takeaways
According to Asthma and Allergy Foundation of America, in 2019, 44.3% of asthmatic children aged 18 and under said they had one or more asthma attacks in the previous year.
One of the main factors driving up demand for breathing circuits around the world is the increasing number of coronavirus (COVID-19) cases.
Furthermore, to improve the comfort and treatment given to the patient, several market players are offering moisture filters, revolutionary tubes, and heat face masks that aids to market growth.
However, Inhaled anesthetics causes nephrotoxicity, hepatotoxicity, cardiac arrhythmias, neurotoxicity, and other side effects and is predicted to hamper the market growth.
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Breathing Circuits Market Segment Analysis – By Geography
Based on Geography, North America Breathing Circuits Market accounted for the 41% revenue share in 2020. This is majorly attributed to the technological advancement and rising geriatric population. Between 1980 and 2014, the overall incidence of death from chronic respiratory diseases like COPD increased by around 30% in the United States, according to the Journal of the American Medical Association.
Breathing Circuits Market Segment Analysis-Drivers
Rising prevalence of Respiratory Diseases:
Breathing Circuits Market Segment Landscape:
Breathing Circuits Market top 10 companies are Dickinson & Company, Ambu A/S, Altera, C.R. Brad, Telefles Incorporated, Fisher & Paykal Healthcare, GE Company, Bio-Med Devices, WilMarc Medical, Becton, Armstrong Medical Ltd.
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