According to FutureWise analysis the market for breathing machines in 2023 is US$ 24.20 billion, and is expected to reach US$ 46.21 billion by 2031 at a CAGR of 8.40%.
A breathing machine is used by patients suffering from chronic respiratory diseases or those unable to breathe on their own after anesthesia. A breathing machine is used during general anesthesia surgeries because the medications used to induce anesthesia disrupt normal breathing. After the procedure, the patient might not be able to breathe on their own. That's why the machine is essential. Different breathing machines are used for different types of problems. A ventilator is mostly used in emergency medicine, home care, intensive care medicine, and in anesthesia, as part of an anesthesia machine. Pure oxygen is delivered by an oxygen concentrator through a mask or nasal cannula. It is used in hyperbaric chambers as well as oxygen therapy. A C-PAP (continuous positive airway pressure) breathing machine blows air into the nose through a mask, which keeps the airway open and aids in the absorption of oxygen. A nebulizer is typically used to treat respiratory disorders such as chronic obstructive pulmonary disease (COPD) and asthma. The effects of inhaling medications are seen immediately after inhalation. Inhaling liquid medications into the lungs is possible using these machines, which assist asthmatic individuals by delivering liquid medication through a mist. This type of device is most commonly used in home healthcare.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Breathing Machines Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Breathing Machines Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.