Non-Invasive Ventilation Masks and Circuits Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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The global non-invasive ventilation masks and circuits market was valued at US$2.75 billion in 2021. North America holds the largest share of the market, and the region is also expected to retain its position during the forecast period.
Non-Invasive Ventilation Masks and Circuits Market Report Overview
The Non-Invasive Ventilation Masks and Circuits market size was $3.07 billion in 2023. The market is expected to grow at a CAGR of more than 4% during 2023-2033. Noninvasive ventilation supports the patient’s breathing without the need for intubation or a tracheotomy. Often prescribed for in-home treatment, NIV therapy is both convenient and effective. Non-Invasive Ventilation Masks (NIV) disposable devices are designed for the NIV therapy.
Non-Invasive Ventilation Masks and Circuits Market Outlook, 2023-2033 ($ Billion)
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The Non-Invasive Ventilation Masks and Circuits market research report explains the market behavior, which will help identify quantitative market trends within the Anesthesia and Respiratory (A&R) Devices therapeutic area. The model discusses in detail the impact of COVID-19 on the Non-Invasive Ventilation Masks and Circuits market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing in-licensing and out-licensing strategies.
Market Size (2023) | $3.07 Billion |
CAGR (2023-2033) | >4% |
Forecast Period | 2024-2033 |
Historical Period | 2015-2023 |
Key Regions | · North America
· Europe · Asia Pacific · South America · Middle East and Africa |
Key Segments | · Non-Invasive Ventilation Circuits
· Non-Invasive Ventilation Masks |
Leading Companies | · Fisher & Paykel Healthcare Corporation Ltd
· ResMed Inc · Dragerwerk AG & Co KGaA · Vyaire Medical Inc · Ambu A/S |
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Non-Invasive Ventilation Masks and Circuits Market Dynamics
The large geriatric population base suffering from respiratory diseases such as chronic obstructive pulmonary disease (COPD) due to smoking and poor air quality, is the primary driver of the NIV masks and circuits market. Furthermore, NIV is being widely used for obstructive sleep apnea (OSA) patients at home or in sleep clinics, thereby driving the market growth. There are multiple benefits of treatment with NIV such as elimination of tracheal intubation, reduction of ICU stays and hospital re-admissions, and decrease in mortality risk in COPD. The growing awareness of NIV and its benefits will propel the market over the forecast period.
Non-Invasive Ventilation Masks and Circuits Market Segments
The Non-Invasive Ventilation Masks and Circuits market can be segmented into Non-Invasive Ventilation Circuits and Non-Invasive Ventilation Masks. In 2023, Non-Invasive Ventilation Circuits had the largest market share due to strong preference towards this segment from manufacturers and providers. Non-Invasive Ventilation Circuits are used for the passage of the pressurized air into the mask with accurate pressure. It also helps to prevent humidification and is used in non-surgical procedures. The circuit can also be connected to all PAP devices and NIV masks.
Non-Invasive Ventilation Masks and Circuits Market Analysis by Segments, 2023 (%)
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Non-Invasive Ventilation Masks and Circuits Market Segmentation by Regions
The key regions in the Non-Invasive Ventilation Masks and Circuits market are North America, Europe, Asia Pacific, South America, and the Middle East and Africa. North America dominated the market in 2023 and the region is also expected to retain its position during the forecast period. The market is expected to grow primarily due to the increasing population with OSA and growing awareness of the devices in North America.
Non-Invasive Ventilation Masks and Circuits Market Analysis by Regions, 2023 (%)
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Non-Invasive Ventilation Masks and Circuits Market - Competitive Landscape
Some of the leading companies in the Non-Invasive Ventilation Masks and Circuits market are:
- Fisher & Paykel Healthcare Corporation Ltd
- ResMed Inc
- Dragerwerk AG & Co KGaA
- Vyaire Medical Inc
- Ambu A/S
Fisher & Paykel Healthcare Corporation Ltd was leading in the Non-Invasive Ventilation Masks and Circuits market in 2023, followed by ResMed Inc.
Non-Invasive Ventilation Masks and Circuits Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Non-Invasive Ventilation Masks and Circuits Segments Outlook (Value, $ Billion, 2015-2033)
- Non-Invasive Ventilation Circuits
- Non-Invasive Ventilation Masks
Non-Invasive Ventilation Masks and Circuits Regional Outlook (Value, $ Billion, 2015-2033)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Key Inclusions
Key Inclusions of the market model are:
Currently marketed Non-Invasive Ventilation Masks and Circuits Tests and evolving competitive landscape:
– Insightful review of the key industry trends.
– Annualized total Non-Invasive Ventilation Masks and Circuits Tests market revenue by segment and market outlooks from 2015-2033.
– Market-level data on units, average selling prices, and market values.
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 Non-Invasive Ventilation Masks and Circuits market.
– Competitive dynamics insights and trends provided for the Non-Invasive Ventilation Masks and Circuits market.
Understand the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with 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, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Koninklijke Philips NV, Fisher & Paykel Healthcare Corporation Ltd, ResMed Inc, Dragerwerk AG & Co KGaA, Vyaire Medical Inc, Ambu A/S, 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 Non-Invasive Ventilation Masks and Circuits market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information 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 Non-Invasive Ventilation Masks and Circuits market.
- Competitive dynamics insights and trends provided for the Non-Invasive Ventilation Masks and Circuits market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to –
- Understand the impact of COVID-19 on the Non-Invasive Ventilation Masks and Circuits 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 Non-Invasive Ventilation Masks and Circuits market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies that are likely to impact the Non-Invasive Ventilation Masks and Circuits 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 counterstrategies to gain a competitive advantage.
- Track device sales in the global and country-specific Non-Invasive Ventilation Masks and Circuits market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Fisher & Paykel Healthcare Corporation Ltd
ResMed Inc
Dragerwerk AG & Co KGaA
Vyaire Medical Inc
Ambu A/S
Others
Frequently asked questions
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What was the Non-Invasive Ventilation Masks and Circuits market size in 2023?
The Non-Invasive Ventilation Masks and Circuits market size was valued at $3.07 billion in 2023.
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What will the Non-Invasive Ventilation Masks and Circuits market growth rate be during the forecast period?
The Non-Invasive Ventilation Masks and Circuits market is expected to grow at a CAGR of more than 4% during 2023-2033.
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Which segment had the largest share of the Non-Invasive Ventilation Masks and Circuits market in 2023?
The Non-Invasive Ventilation Circuits segment had the largest share of the Non-Invasive Ventilation Masks and Circuits market in 2023.
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Which region had the largest share of the Non-Invasive Ventilation Masks and Circuits market in 2023?
North America had the largest Non-Invasive Ventilation Masks and Circuits market share in 2023.
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Which are the major players operating in the Non-Invasive Ventilation Masks and Circuits market?
A few of the leading companies in the Non-Invasive Ventilation Masks and Circuits market are Fisher & Paykel Healthcare Corporation Ltd, ResMed Inc, Dragerwerk AG & Co KGaA, Vyaire Medical Inc, and Ambu A/S among others.
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