Non-invasive Ventilation Masks and Circuits Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

Non-invasive ventilation masks and circuits are the products that supports the patient's breathing without the need for intubation or a tracheotomy. They delivers effective therapy with less risk of infection and high survival in patients with respiratory failure. The NIV therapy is convenient as well as effective. These are commonly used in hospitals, home settings, and long-term care facilities, as patient interfaces for non-invasive ventilators or positive airway pressure devices.

MARKET SCOPE

The "Global Non-Invasive Ventilation Masks and Circuits Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the non-invasive ventilation masks and circuits market with detailed market segmentation by product type, application, end user, and geography. The report provides key statistics on the market status of the leading non-invasive ventilation masks and circuits market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•  Based on product type, the global non-invasive ventilation masks and circuits market is segmented into non-invasive ventilation circuits and non-invasive ventilation masks.
  
•  On the basis of application, the market is bifurcated into anesthesia, respiratory dysfunction, chronic obstructive pulmonary diseases, pneumonia, and others.
  
•  On the basis of end-users, the market is bifurcated into hospitals, ambulatory surgery centers, critical care, neonatal intensive care, and homecare settings.
  

MARKET DYNAMICS

Drivers:

•  Increasing geriatric population, growing prevalence of respiratory disorders, and rising prevalence of chronic obstructive pulmonary diseases are major factors driving the non-invasive ventilation masks and circuits market.
  
•  Technological advancements and increasing awareness among patients regarding early diagnosis of the diseases boosts the market growth.
  
•  Increasing focus of hospitals on the use of advanced methods for the treatment of various diseases such as airborne and infectious disease such as COVID-19 fuel the market growth.
  
•  Growing research and development and product innovations along with improving healthcare infrastructure propel the market growth.
  

Restraints:

•  Side effects such as nausea, vomiting, aerophagia and aspiration.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The non-invasive ventilation masks and circuits market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the non-invasive ventilation masks and circuits market in these regions.

IMPACT OF COVID-19 ON NON-INVASIVE VENTILATION MASKS AND CIRCUITS MARKET

COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The outbreak of COVID-19 pandemic, is certain to have an influence on the market. The pandemic has increased the demand for advanced healthcare facilities, and has increased the burden on the healthcare industry concerning isolation, prevention, and providing treatment to infected patients. Due to the widespread of the disease, governments and manufacturers are adopting extreme measures to manufacture large quantity of non-invasive ventilation masks and circuits because of the urgent demand from hospitals and the initiatives taken by government to supply respiratory protection masks, especially non-invasive ventilation reusable circuits and disposable masks further influence the market growth.

MARKET PLAYERS

The report covers key developments in the non-invasive ventilation masks and circuits market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from non-invasive ventilation masks and circuits market are anticipated to have lucrative growth opportunities in the future with the rising demand for non-invasive ventilation masks and circuits in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the non-invasive ventilation masks and circuits market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  Hamilton Medical
  
•  ResMed
  
•  Dragerwerk
  
•  Fisher & Paykel Healthcare
  
•  Air Liquide Medical Systems
  
•  Koninklijke Philips
  
•  Armstrong Medical
  
•  Cardinal Health
  
•  Vyaire Medical
  
•  Intersurgical
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Non-invasive Ventilation Masks and Circuits Report Scope