The active humidifier devices market sale is projected to be valued US$1,264.4 million in 2023. By 2033, the industry is projected to have shrunk to US$ 1,206.9 million.
With a CAGR of 28.7%, the producers of active humidifier devices have experienced tremendous growth over the past several years. The increase in coronavirus cases has been the main cause of their peak. Furthermore, during the pandemic, these humidifiers saw extraordinary demand since they provided humidified air to individuals in need of breathing assistance.
The medical community is well aware of the importance of active humidification during mechanical breathing. Following suit, manufacturers unveiled a number of unique breathing system options tailored to the requirements of the patient.
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.
Top Highlights from the FMI’s Analysis of the Active Humidifier Devices Market:
- North America’s Active Humidifier Devices industry is projected to acquire the lion’s share in the market. The region has been estimated by FMI to take a share of more than 29.4% in 2023.
- Within North America, the United States assumes a dominant position by capturing a big chunk of the regional share. Even globally, the United States is projected to account for a prominent market share of above 27.8% in 2023.
- Europe’s Active Humidifier Devices industry is anticipated to follow after North America. The region is expected to represent a value share exceeding 12.2% in 2023.
- Germany market has a significant role in the regional market’s growth. In 2022, the market acquired a 4% share on a global scale.
- Japan is expected to contribute a value share surpassing 9.7% in 2023.
- Australia and India are expected to exhibit a negative growth rate in the future and are estimated to register CAGR of -1.3% and -2.8%, respectively.
- China is projected to display a CAGR of 1.5% from 2023 to 2033.
- The United Kingdom’s Active Humidifier Devices industry is expected to observe a momentum of 0.1% CAGR.
- Based on product type, the electronic humidifiers segment is projected to record a value share of 55.79% over the forecast period.
- Adults are the leading age group segment utilizing Active Humidifier Devices. The segment constitutes a market share of 87.99% over the coming years.
- Based on application, the invasive ventilation segment shared 47% of the market growth.
- Hospitals are the leading end users of Active Humidifier Devices. The segment forms 64.5% of the overall market share.
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Historical vs. Forecast Direction of Active Humidifier Devices Manufacturers
Active humidifier device manufacturers are slowly losing their grip on the market simply due to abated COVID-19 scenario. The industry enjoyed massive growth in the past few years, recording a spike of 28.7%. Presently, the market has taken a sharp plunge of -0.5% CAGR.
Hamilton Medical introduced an active humidifier -H900, in the United States in September 2016 to illustrate the historical market growth. The release took place post the 510(k) clearance. The device offers ease of use, ergonomics, and enhanced handling. The company dived deep into “Intelligent Ventilation” concepts to introduce them in devices directly included in critical care ventilation.
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
- Others
Active Humidifier Devices 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
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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