The global active humidifier devices market generated a revenue of USD 1,558.6 million in 2022 but is experiencing a gradual decline, with sales projected to fall to USD 1,264.4 million in 2023. The market is forecasted to contract further, reaching USD 1,206.9 million by 2033, reflecting a negative compound annual growth rate (CAGR) of (-0.5%) during the forecast period, according to Future Market Insights (FMI).
Market Dynamics and Key Drivers
The demand for active humidifier devices has been primarily driven by the increased prevalence of obstructive respiratory diseases. These devices are vital in managing conditions that require moisture for the respiratory tract, particularly in patients with chronic obstructive pulmonary disease (COPD) and other obstructive lung diseases.
Impact of Infectious Diseases
The outbreak of previously unknown infectious diseases that affect the respiratory system led to a surge in the adoption of active humidifier devices in the past. These devices played a crucial role in invasive ventilation, where maintaining airway moisture is essential for patient recovery. In 2022, the application of humidifier devices in invasive ventilation accounted for nearly 47% of the market sales, demonstrating their significant role in critical care.
A Full Report Overview – https://www.futuremarketinsights.com/reports/active-humidifier-devices-market
Market Outlook
Despite the demand for active humidifiers in healthcare settings, the market is facing a decline as alternative treatment methods and devices evolve. This trend, coupled with changing healthcare dynamics, is expected to lead to a steady contraction in the market size through 2033.
Key Takeaways:
- The active humidifier devices market is expected to decline at a (-0.5%) CAGR, reaching USD 1,206.9 million by 2033.
- Increased prevalence of obstructive respiratory diseases continues to drive demand, particularly in critical care settings.
- The surge in adoption during infectious disease outbreaks contributed to a strong market position in prior years.
- The application of humidifiers in invasive ventilation accounted for nearly 47% of sales in 2022.
Key Factors Influencing Market Trends
- Prevalence of Obstructive Respiratory Diseases:
- The demand for active humidifier devices is primarily driven by the increasing prevalence of obstructive respiratory diseases, which necessitate effective management solutions.
- Impact of Infectious Diseases:
- The outbreak of infectious diseases, particularly during the COVID-19 pandemic, led to a surge in the adoption of active humidifier devices as they were essential for delivering humidified air to patients requiring respiratory support.
- Application in Invasive Ventilation:
- Active humidifier devices are extensively used in invasive ventilation, accounting for nearly 47% of sales in 2022. This application remains a significant contributor to market demand.
- Technological Developments:
- Continuous advancements in active humidification technology are enhancing device performance and efficiency, although the overall market is still facing challenges due to declining demand post-pandemic.
- Market Challenges:
- The decline in COVID-19 cases has led to reduced demand for these devices, impacting sales negatively. Additionally, factors such as maintenance costs and risk of mold growth are contributing to market contraction.
Market Dynamics
- The market is characterized by a variety of products including heated humidifiers and bubble humidifiers, with heated/electronic humidifiers emerging as dominant players.
- Hospitals are the primary end-users of active humidifier devices, reflecting the ongoing need for respiratory support in clinical settings.
Market Dominance by Key Players in the Market
- Fisher & Paykel Healthcare Limited
- Koninklijke Philips N.V.(Philips Respironics)
- Vapotherm
- Teleflex Corporation
- ResMed Corporation
- VINCENT MEDICAL HOLDINGS LIMITED
- Armstrong Medical (an Eakin Company)
- Breas Medical AB (Subsidiary of Fosun Pharma)
- 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.
- Shenyang RMS MEDICAL TECH CO., LTD
- GaleMed Corporation
- Vadi Medical Technology Co, Ltd.
Active Humidifier Devices by Category
By Product Type:
- Heated/electronic Humidifiers
- Bubble Humidifiers
- Accessories
By Age Group:
- Adult
- Pediatric
- Neonates
By Application:
- Invasive Ventilation
- Non-invasive Ventilation
- nCPAP (Nasal Continuous Positive Airway Pressure)
- Bubble CPAP (Bubble Continuous Positive Airway Pressure)
- High Flow Oxygen Therapy
By End User:
- Hospitals
- Less than 100 Beds
- 100-300 Beds
- 300-500 Beds
- 500 Beds and More
- Ambulatory Surgical Centers
- Sleep Centers
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa (MEA)
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube