The ‘Global Non-rebreathing Oxygen Mask Market Share, Size, Growth, Analysis, and Forecast 2022-2027’ by Expert Market Research gives an extensive outlook of the global non-rebreathing oxygen mask market, assessing the market on the basis of its segments like age groups, end-uses, and major regions.
Non-Rebreathing Oxygen Mask Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
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Market Overview (2017-2027)
• Forecast CAGR (2022-2027): 9.2%
|Growth Rate CAGR||9.2%|
|Major Players||Teleflex Incorporated, Medguard Healthcare, Intersurgical Inc, Fisher & Paykel Healthcare|
Limited, Medline Industries and among others
The increasing prevalence of diseases such as anaemia, asthma, and acute respiratory disorders, among others, is driving the demand for non-rebreathing oxygen mask. According to WHO, around 42% of children around the world and 40% of pregnant women suffer from anaemia. Meanwhile, around 300 million people fall victims of asthma causing severe fatalities.
Over the forecast period, the increasing geriatric population, along with the rising cases of respiratory diseases associated with it, are likely to propel the hospitalisation rates. This is expected to increase the demand for the global non-rebreathing oxygen mask market.
Also, the sedentary lifestyles led by the working-class population, rising stress, and increasing number of smokers are some of the major factors driving the demand for non-rebreathing oxygen mask from hospitals and clinics.
Furthermore, the rising prevalence of sports-related injuries and growing cases of respiratory traumas among military personnel are further boosting the incorporation of non-rebreathing oxygen masks in safety kits and medical rooms. Non-rebreathing oxygen mask are further gaining traction in institutions, schools, colleges, and offices, among others, in order to bolster the preparedness against any emergency cases.
In terms of region, North America accounts for a significant share in the non-rebreathing oxygen mask market. The United States of America is the highest healthcare spenders around the world and is witnessing rising cases of respiratory issues.
Non-Rebreathing Oxygen Mask Industry Definition and Major Segments
Non-rebreathing oxygen mask is defined as a medical mask which provides extra oxygen to the patients. Additional components which support the oxygen supplying process of non-rebreathing oxygen mask include reservoir bag, one-way valves. This mask is connected to an oxygen tank through a tube. This tube moves the oxygen from tank to the mask and enables the patients to recover from an injury which led to oxygen deficiency.
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Based on age group, the market can be segmented into:
The significant end-uses of the product are as follows:
• Hospital and Trauma Centres
• Speciality Clinics
• Ambulatory Surgical Centres
• Home Healthcare
On the basis of region, the market can be categorised into:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Non-Rebreathing Oxygen Mask Market Trends
The key factors in the global non-rebreathing oxygen mask market include the favourable government initiatives and regulations across emerging economies to enhance the healthcare infrastructure. This can be attributed to the rising prevalence of chronic obstructive pulmonary diseases which causes high fatality.
The growing research and development activities by the major market players to increase the of use of non-rebreathing oxygen masks are likely to be the key aspects favouring the market growth. For instance, non-rebreathing oxygen mask for cats and dogs are witnessing a significant demand due to the increasing cases of Parvo and Rabies.
Moreover, the technological advancements in clinics, ambulatory surgical centres, and hospitals, rising healthcare expenditure across the emerging economies, increasing per capita income, and rising health awareness among the geriatric population, are some of the key factors which are anticipated to provide impetus to the global non-rebreathing oxygen mask market in the forecast period.
Furthermore, the advanced techniques being adopted by the healthcare officials, which includes low flow oxygen therapy, aimed towards improving the patient satisfaction, are likely to aid the market in the coming years. These techniques also allow the patients to eat, talk, and drink safely, without any discomfort.
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