The global breathing system filters market size was evaluated at $279.64 million in 2022 and is slated to hit $456.29 million by the end of 2030 with a CAGR of nearly 6.29% between 2023 and 2030.
The study is an essential resource for understanding the market and its many prospects, threats, and problems. In-depth study of the geographical market and the competitive landscape are both included in the report on breathing system filters. Value chain analysis, PESTEL analysis, SWOT analysis, Porter’s five forces analysis, PESTEL analysis, SWOT analysis, and market basket analysis are also included. The breathing system filters market research also delves into the investor and stakeholder landscape to further provide businesses with the information they need to make educated decisions.
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???? The Market for Filters Used in Respiratory Systems
A breathing system filter is a piece of medical equipment used to lessen the spread of airborne particles like bacteria and viruses. After the patient recovers from the effects of anaesthesia, the product is reportedly attached to the laryngeal mask airway to supply the patient with oxygen. In addition, the filter in the breathing system helps regulate humidity and prevent infections during mechanical ventilation. Patients receiving anaesthesia in intensive care units can benefit from their use because they help prevent the spread of infection. Furthermore, breathing system filters utilise hydrophobic membranes and synthetic media to create barriers and electrostatic filtration to remove bacteria and viruses from the air.
???? Major Takeaways
• Our research analyst has revealed that the worldwide market for breathing system filters is expected to develop at a CAGR of roughly 6.29 percent between the years 2023 and 2030.
• The global market for breathing system filters is estimated to grow from its projected 2022 valuation of about $279.64 million to $456.29 million by 2030.
• As the number of infections in healthcare facilities like hospitals and clinics rises, the global market for breathing system filters is expected to expand significantly over the forecast period.
➤ Hospital infection rates rising due to poor air quality is one factor that will drive global market expansion
The global market’s expansion would be driven by the rising incidence of infections in healthcare facilities such as hospitals and clinics. Market developments for breathing system filters around the world will also be influenced by the widespread adoption of these items in acute care settings. As anaesthetics become increasingly popular, there will be a huge demand for breathing system filters to keep them clean. The launch of new products and the formation of new partnerships and strategic alliances are expected to drive the growth of the global market over the next few years. For instance, in February of 2020, the Swedish industrial equipment manufacturer Atlas Copco debuted a new type of breathing air purifier called BAP(+). In addition, it is anticipated that production of this innovative product will result in a 30% decrease in carbon footprints. These developments will give the breathing system filters industry in Europe a much-needed boost. In addition, TruSens, a major producer of home air purification systems, released two new series of air purifiers in July 2022: the Z-7000 and Z-6000 performance series. The campaign will boost interest in and adoption of breathing system filters around the world.
➤ Reduced product demand for breathing system filters may result from the increased likelihood of blockages
The likelihood of breathing system filters becoming clogged during usage by inhalants, mucus, and water is the primary factor limiting the expansion of the breathing system filters market. In November 2022, for instance, Teleflex Inc., a provider of specialty medical equipment in the United States, recalled certain breathing circuit bacterial filters. These filters are reportedly linked to hospital breathing equipment in operating rooms and intensive care units. They shield people from airborne dangers. In addition, the U.S. Food and Drug Administration (FDA) issued a recall notice to the company regarding these devices after receiving numerous injury and desaturation concerns. Nearly sixty thousand items were recalled, all of which were manufactured between December 17, 2019, and March 26, 2022. The need for filters in breathing systems in the United States and elsewhere has been hindered even further by such actions.
➤ The global market has found new growth opportunities due to the need to increase air quality and airflow for breathing
The global market for breathing system filters is expanding into new areas of growth thanks to the rising demand for pleated hydrophobic and electrostatic filters, which are used to reduce contamination in air and liquid transmission pathways. Furthermore, these items reduce the potential for contamination of the interior air and equipment of breathing systems. As a result, product demand has increased and new growth opportunities have emerged in the global market.
➤ The global expansion of industries may be hampered by excessive product prices
The rising cost of the product for industrial air filtering and substantial maintenance fees may represent a significant threat to the international breathing systems filters market. In addition, these products have not been successful in filtering out all minor contaminants from petrol and air, which has been a major hindrance to the industry’s expansion around the world.
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The Global Breathing System Filters Market is segmented based on product, application and region
Global Breathing System Filters Market: Product Segment Analysis
● Mechanical Filters
● Pleated Hydrophobic Filters
● Electrostatic Filters
Global Breathing System Filters Market: Application Segment Analysis
● Hospitals
● Clinics
● Others
The global breathing system filters market profiles key players such as:
● Intersurgical Limited
● PARKER HANNIFIN CORP
● The 3M Company
● Pharma Systems
● MANN+HUMMEL
● MayAir Group
● Teleflex Inc
● Flexicare Limited
● Camfil
● Cummins Inc
● Dragerwerk AG & Co. KGaA
● Resideo Technologies Inc
● Pall Corporation
● GE Healthcare
● DAIKIN INDUSTRIES Ltd
➤ In the years to come, the European market for breathing system filters is expected to grow to become world-leading.
A significant increase is forecast for Europe’s breathing system filters market, which accounted for more than 45% of global revenue in 2022. The large demand for breathing system filters in nations like Germany, the UK, France, and Spain may be responsible for the region’s market rise in 2023-2030. Market developments in Europe will be enriched by the presence of global firms.
The market for breathing system filters is also expected to grow rapidly in Asia Pacific over the forecast period. A rise in the regional elderly population and an uptick in the number of patients affected by pulmonary illnesses due to poor air quality are two factors that are expected to positively influence the growth of the regional sector. In the future years, the regional sector is expected to grow in size due to a rise in both surgical and non-surgical procedures.
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