Global Respiratory Humidifying Equipment Market Will Grow at a CAGR 8.6% and Reach USD 1130 Million by 2023, from USD 690 Million in 2017

New Global Respiratory Humidifying Equipment Consumption Market 2023 Report Covers market forecast and top Companies like Fisher & Paykel Healthcare, Teleflex Incorporated, Intersurgical, Flexicare Medical Limited, Vapotherm and others.

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Lewes, DE -- (SBWire) -- 12/24/2018 --Respiratory Humidifying Equipment market will register a 8.6% CAGR in terms of revenue, reach US$ 1130 million by 2023, from US$ 690 million in 2017.

Respiratory humidification is a process of warming, purification, and humidification of the respiratory gas artificially. The lung tissues start getting damaged due to dryness of the organs when the natural humidification fails. Thus, respiratory humidification is carried out for mechanically ventilated patients. An artificial respiration causes the epithelial mucus layer to become more viscous in a short time, impairing the ciliary function inside the nose. Thus to prevent such complications, the loss of heat and moisture are compensated by the humidification process. The humid air is provided to the nasal mucosa at 37 degrees Celsius (room temperature), with adjusted 100% relative humidity to maintain mucociliary clearance for long time.

Respiratory humidifiers are used to heat and humidify the air of patients whose breathing is assisted by a ventilator in Intensive Care Units (ICU). The air must be conditioned to 37°C and at least 90% relative humidity. Over-humidification or under-humidification can lead to blocked airways, lung damage and infection.

Respiratory humidifiers find application in healthcare systems in supplying warm moisture along with breathing gases to patients, especially pediatric patients and infants. This is necessary because the natural process of heating the inspired gas by the nasal mucosa during normal breathing is not achieved when providing respiratory support to patients with nasal cannula or mechanical ventilation. Hence, medical humidifiers, which are high flow, temperature-controlled devices, are used.

The global market for humidifier devices has been experiencing a steady upswing because of their usefulness in reducing the need invasive therapy and other complicated interventions in patients. Such devices are particularly helpful for ventilated, dehydrated, and immobile patients, and also patients with newly formed tracheostomies and those receiving high flow of oxygen. Going forward too, the market will continue to expand on account of the rising awareness about their benefits and their ease of use in patients of all ages.

Over the next five years, study projects that Respiratory Humidifying Equipment will register a 8.6% CAGR in terms of revenue, reach US$ 1130 million by 2023, from US$ 690 million in 2017.

This report presents a comprehensive overview, market shares, and growth opportunities of Respiratory Humidifying Equipment market by product type, application, key manufacturers and key regions.

To calculate the market size, study considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Hospital
Homecare
Segmentation by application:
Adults
Neonates

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Fisher & Paykel Healthcare
Teleflex Incorporated
Intersurgical
Flexicare Medical Limited
Vapotherm
WILAmed
Hamilton Medical
Armstrong Medical
Pacific Medico
Breas
BioCare
Besmed Health Business
Shenyang RMS

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Respiratory Humidifying Equipment consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Respiratory Humidifying Equipment market by identifying its various subsegments.
Focuses on the key global Respiratory Humidifying Equipment manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Respiratory Humidifying Equipment with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Respiratory Humidifying Equipment submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

Spanning over 165 pages "Forecast of Global Respiratory Humidifying Equipment Consumption Market 2023" report covers Scope of the Report, Executive Summary, Global Respiratory Humidifying Equipment by Players, Respiratory Humidifying Equipment by Regions, Market Drivers, Challenges and Trends, Marketing, Distributors and Customer, Global Respiratory Humidifying Equipment Market Forecast, Key Players Analysis, Research Findings and Conclusion.

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