Respiratory Circuits and Mount Catheters Market: Rise in prevalence of respiratory diseases is expected to drive the market
Respiratory Circuits and Mount Catheters Market: Introduction
- A mount catheter attaches the patient’s endotracheal tube to a breathing circuit that delivers extra lengths to the breathing system. It provides both the patient and the respiratory system with mobility and flexibility. It is compatible with all forms of circuits for aeration and ventilator.
- Respiratory circuits are utilized to supply oxygen and anesthetic gases, and to remove carbon dioxide. Carbon dioxide can be removed both by wash with adequate fresh gas flow, or by absorbing soda lime. Anesthetic gas exits the anesthesia machine and subsequently, enters the breathing circuit. The purpose of the circuit is to supply oxygen and anesthetic gases to patients and to remove carbon dioxide.
Key Drivers, Restraints, and Opportunities of Global Respiratory Circuits and Mount Catheters Market
- Increased prevalence of diseases such as asthma, bronchial cancer, and chronic coughing are key factors that are likely to drive the market for respiratory circuits during the forecast period. According to the World Health Organization, in 2015, 235 million people suffered from asthma and 383,000 died of asthma. Asthma is a highly common chronic disease in children. Increased prevalence of respiratory diseases such as pulmonary embolism, sleep disorders, and chronic obstructive pulmonary disorders; increased number of surgeries; and an increase in the geriatric population are also expected to drive the market for respiratory circuit in the near future. However, the complicated operation of breathing devices and unidirectional valves may lead to breathing resistance among patients, which is expected to hinder the market in the near future.
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- Increase in number of surgeries performed due to rising cases of chronic diseases is expected to increase the demand for mount catheters. Sensitivity to the product has also increased its demand. Additionally, an increasing number of mid-scale catheter manufacturers are also expected to increase their manufacturing capacities, which in turn is also estimated to drive the market.
- Increased funding from various government agencies and medical device manufacturers for R&D is projected to further boost the catheter market. However, the need for intensive capital for the development of advanced devices is likely to hinder the market.
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North America to capture major share of global respiratory circuits and mount catheters market
- North America was a substantial part of the global market for respiratory circuit in 2019, and this trend is expected to continue during the forecast period. The influence of North America is primarily due to technological advances, new product launches, rising incidence of respiratory diseases, and increased government policies.
- North America is a leading region of the global mount catheters market attributed to the presence of multinational manufacturers and developed healthcare infrastructure along with a high level of product awareness in the region. The market in Asia Pacific is projected to expand at a notable CAGR during the forecast period.
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