Respiratory Device Accessories Market Size by Segments, Share, Regulatory, Reimbursement, and Forecast to 2033

Respiratory Device Accessories Market Report Overview

The Respiratory Device Accessories market was valued at $719.9 million in 2023. The market will grow at a CAGR of more than 2% from 2023 to 2033. Respiratory device accessories are commonly used in hospitals, home settings, and long-term care facilities. The devices are available from device manufacturers and third-party suppliers.

In addition to epidemiological considerations, technological advancement in respiratory device accessories drive the growth of the market. The lack of awareness of respiratory conditions, leading to a large undiagnosed and untreated population, is the major challenge in this market.

Respiratory Device Accessories Market Outlook 2023-2033 ($Million)

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The Respiratory Device Accessories market report provides a detailed overview of quantitative market trends within the Anesthesia and Respiratory (A&R) Devices therapeutic area. Furthermore, the model discusses in detail the impact of COVID-19 on the Respiratory Device Accessories market.

Respiratory Device Accessories Market Dynamics

Respiratory device accessories are commonly used in hospitals, home settings, and long-term care facilities. In addition to epidemiological considerations, technological advancement in these accessories drives the growth of the market. The nasal cannulas market is expected to grow quickly as high-flow nasal oxygen therapy (HFNOT) is increasingly gaining popularity. HFNOT is a recent technology that delivers a high flow of heated and humidified gas. The treatment is increasingly used as part of both general beds and critical care management of respiratory failure for adults after first being used in pre-term neonates and pediatric care.

Respiratory Device Accessories Market Segmentation by Regions

The key regions in the Respiratory Device Accessories market are North America, Europe, Asia Pacific, South and Central America, and the Middle East & Africa. In 2023, North America dominated the market and is expected to continue leading over the forecast years.

In addition, the US holds the largest contribution to the regional market. The market for respiratory device accessories in the US is expected to increase due to the rise in the use of devices in healthcare facilities such as operation theaters (OT) and intensive care units (ICU).

Respiratory Device Accessories Market Analysis by Regions 2023(%)

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Respiratory Device Accessories Market Segments

The key segments in the Respiratory Device Accessories market are Aerosol Masks, Cardio-Pulmonary Resuscitation (CPR) Barriers, Nasal Cannula, Oxygen Masks, Positive End Expiratory Pressure (PEEP) Valves, and Resuscitators. In 2023, Nasal Cannula dominated the Respiratory Device Accessories market and will continue to lead during the forecast period.

Nasal cannulas have gained acceptance with the increasing use of high-flow nasal oxygen therapy (HFNOT). The market for oxygen masks and aerosol masks has grown stably due to their wide application in the treatment of respiratory diseases.

Respiratory Device Accessories Market Analysis by Segments 2023(%)

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Respiratory Device Accessories Market - Competitive Landscape

Some of the significant players in the Respiratory Device Accessories market are:

• Fisher & Paykel Healthcare Corporation Ltd
• Philips Respironics Inc
• Medtronic Plc
• Vyaire Medical Inc
• Dragerwerk AG & Co KGaA
• Becton Dickinson and Co
• Ambu A/S
• Teleflex Inc
• Medline Industries LP
• ResMed Inc

Fisher & Paykel Healthcare Corporation Ltd dominated the Respiratory Device Accessories market in 2023, followed by Philips Respironics Inc and Medtronic Plc.

Respiratory Device Accessories Market Analysis, by Companies 2023 (%)

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Segments Covered in the Report

Respiratory Device Accessories Segments Outlook (Value, $ Million, 2015-2033)

•  Aerosol Masks
•  Cardio-Pulmonary Resuscitation (CPR) Barriers
•  Nasal Cannula
•  Oxygen Masks
•  Positive End Expiratory Pressure (PEEP) Valves
•  Resuscitators

Respiratory Device Accessories Regional Outlook (Value, $ Million, 2015-2033)

• North America
• Europe
• Asia Pacific
• South and Central America
• Middle East & Africa

Key Inclusions

Currently marketed Respiratory Device Accessories and evolving competitive landscape:

• Insightful review of the key industry trends.
• Annualized total Respiratory Device Accessories market revenue by segment and market outlooks from 2015-2033.
• Granular data on total procedures, units, selling prices, and market values by segment.

Global, Regional, and Country level market specific insights:

• Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
• SWOT analysis for the Respiratory Device Accessories market.
• Competitive dynamics insights and trends provided for the Respiratory Device Accessories market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

• Country-specific overview of the healthcare system.
• Country-specific reimbursement policies.
• Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Fisher & Paykel Healthcare Corporation Ltd, Philips Respironics Inc, Medtronic Plc, Vyaire Medical Inc, Dragerwerk AG & Co KGaA, Becton Dickinson and Co, Ambu A/S, Teleflex Inc, Medline Industries Inc, ResMed Inc, Cardinal Health Inc, Armstrong Medical Ltd, ICU Medical Inc, Intersurgical Ltd., Laerdal Medical AS, PARI Medical Holding GmbH and Others

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina and Chile.

Scope

This report provides:

• Insightful review of the key industry trends.
• Annualized total Respiratory Device Accessories market revenue by segment and market outlooks from 2015-2033.
• Granular data on total procedures, units, average selling prices and market values by segment.
• Global, regional and country level market-specific insights including qualitative market-specific information are available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
• SWOT analysis for the Respiratory Device Accessories market.
• Competitive dynamics insights and trends provided for the Respiratory Device Accessories market.
• Country-specific overview of the healthcare system.
• Country-specific reimbursement policies.
• Country-specific medtech regulatory landscape.

Reasons to Buy

• Understand the impact of COVID-19 on the Respiratory Devices Accessories market.
• Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
• Develop business strategies by understanding the trends shaping and driving the Respiratory Devices Accessories market.
• Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Respiratory Devices Accessories market in the future.
• Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
• Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
• Track device sales in the global and country-specific Respiratory Devices Accessories market from 2015-2030.
• Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.