The Active Humidifier Devices Market is predicted to reach a market value of US$ 1,264.4 million in 2023. By 2033, the industry’s size is predicted to be reduced to US$ 1,206.9 million.
The manufacturers of Active Humidifier Devices have enjoyed significant growth in the historical period, recording a CAGR of 28.7%. Their peak has been driven by a surge in coronavirus cases. Moreover, these humidifiers observed outrageous demand during the pandemic as they were deployed to deliver humidified air to people requiring breathing aid.
The significance of active humidification throughout mechanical ventilation is well-known in the medical field. Taking the cue, manufacturers introduced several distinct breathing system solutions catering to the patient’s needs.
Unfortunately, the demand for Active Humidifier Devices is continuously spiraling down as COVID-19 cases have subsided. Manufacturers are severely impacted due to this derailing development.
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Factors like increasing infectious disorders that inflict respiratory systems and widespread demand for high-flow nasal cannulas in oxygen therapy are sustaining the market growth.
Active Humidifier Devices pose the risk of infection and have the possibility of water precipitation in the circuit tubing. Consequently, there is a high chance that effective medical devices could soon replace them if manufacturers do not implement relevant changes in the current model.
Active Humidifier Devices Market Growth Drivers:
Governments are required to encourage the installation and use of modern medical gadgets across numerous institutes by improving healthcare infrastructure and increasing medical spending. Hospitals, ambulatory surgical centres, primary healthcare units, and sleep care institutes are examples of these institutions.
Technological improvements have resulted in the increased use of active respiratory humidifiers in a variety of care settings. Bubble humidifiers are now being discovered to be compatible with use in MRI settings, in addition to normal hospital wards and critical care units.
Manufacturers have few options as the number of Covid cases continues to fall:
Agreements, partnerships, and collaborations have emerged as key growth tactics employed by the industry’s leading manufacturers in active humidifier devices. Following that, new product releases emerged as the second-leading approach used by the market’s top competitors. Furthermore, these techniques enable enterprises to broaden their product offers in order to improve respiratory care. Acquisitions of important companies hastened the manufacturer’s goal to increase market share.
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Active Humidifier Devices Market Country-Wise Insights:
In 2022, the United States accounted for more than 94% of North America’s value share. The unusual epidemic of COVID-19 increased demand for active humidifier devices in the United States.
A substantial percentage of COVID-19 patients have necessitated the use of active humidifier devices for survival. The market had favourable growth during the historical era due to the high demand for these gadgets.
According to Future Market Insights, Germany will account for more than 32.3% of the European market by 2033. The increased health consciousness is driving the increase in demand for active humidifier devices.
The unexpected advent of the COVID-19 epidemic raised the demand for active humidifier illnesses to combat the pandemic’s rising mortality rates. Furthermore, technological improvements and the adoption of heated/electronic humidifier devices are projected to open up new chances for Germany’s active humidifier device sector participants.
Active Humidifier Devices Market Major Players:
- BMC Medical Co., Ltd
- Hamilton Medical AG
- SunMed
- WILAmed GmbH
- Flexicare (Group) Limited
- Penlon Limited
- DEAS S.R.L.
- Intersurgical Ltd
- Beijing Aeonmed Co., Ltd
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Active Humidifier Devices Market by Category:
Product Type:
- Heated/electronic Humidifiers
- Bubble Humidifiers
- Accessories
Age Group:
- Adult
- Pediatric
- Neonates
Application:
- Invasive Ventilation
- Non-invasive Ventilation
- nCPAP (Nasal Continuous Positive Airway Pressure)
- Bubble CPAP (Bubble Continuous Positive Airway Pressure)
- High Flow Oxygen Therapy
End User:
- Hospitals
- Less than 100 Beds
- 100-300 Beds
- 300-500 Beds
- 500 Beds and More
- Ambulatory Surgical Centers
- Sleep Centers
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