LATAM and Caribbean Respiratory Disposables Market is expected to reach US$ 3,741.78 million by 2030

Publisher: The Insight Partners

Masks and Respirators Held Largest Share of Component Segment in LATAM and Caribbean Respiratory Disposables Market

According to our new research study on "LATAM and Caribbean Respiratory Disposables Market Forecasts (2020–2030), Country Share, Trends, and Growth Opportunity Analysis — by Products, Clinical Indications, Usage, and End User," the market was valued at US$ 2,745.08 million in 2022 and is expected to reach US$ 3,741.78 million by 2030. It is estimated to register a CAGR of 3.95% from 2022 to 2030.

Respiratory disposables are consumables used to interface with respiratory devices such as ventilators, nebulizers, and oxygen therapy machines. Respiratory supplies include disposable tubes, disposable oxygen masks, disposable ventilators, and other accessories. Healthcare professionals use disposable respirators during procedures to protect both the patient and healthcare staff from the transmission of microorganisms, body fluids, and particulate matter. Respiratory disposables are used to treat respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), and sleep apnea. In addition, they save time, reduce the economic burden on hospitals, and prevent infections. Therefore, there is increasing demand in Latin American and Caribbean countries. In addition, the prevalence of respiratory diseases such as COPD, tuberculosis, asthma, and sleep apnea is increasing due to various reasons such as air pollution, occupational chemicals and dust, frequent lower respiratory tract infections in childhood, and other environmental factors. Therefore, the expected increase in the number of patients suffering from COPD, a serious public health problem, is expected to increase the demand for effective respiratory supplies such as oxygen masks, nebulizers, and others, thereby driving the growth of the segment.

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In 2021, the United Nations International Children's Emergency Fund (UNICEF) published an article that stated air pollution is a major issue for children and youth in LATAM and the Caribbean, causing 138,000 deaths annually. Over 130 million children residing in Latin America and the Caribbean are exposed to outdoor air pollution levels that surpass the air quality guidelines outlined by the World Health Organization. In addition, more than 30 million children in this region live in households that rely on firewood or coal for cooking and heating purposes.

Similarly, an article published by the United Nations Environment Programme (unep.org) in 2020 stated that the Structural dump was the largest open landfill in Latin America and the Caribbean in 2018, and over 2,700 metric tons of municipal trash was dumped and frequently burnt. The dump lacked both leachate management and landfill gas collecting systems, which resulted in hazardous gasses poisoning the air, soil, and water near the dump site. In 2020, ~145,000 metric tons of garbage were thrown in dumpsites across Latin America and the Caribbean, where the decomposition and burning of waste produce harmful gasses that pollute the atmosphere, make people sick, and contribute to climate change. Furthermore, high levels of air pollution in many Latin American countries and cities led to a rise in cases of chronic diseases, which results in severe spread of COVID-19 infection and mortality. Thus, the rising levels of air pollution and toxins in Latin American and Caribbean countries drive the market.

Based on product, the LATAM and Caribbean respiratory disposables market is segmented into masks and respirators, resuscitators, nasal cannulas, nebulizers, laryngoscopes, and others. The masks and respirators segment held the largest market share in 2022. However, the laryngoscope segment is anticipated to register the highest CAGR of 8.29% from 2022 to 2030. Masks and respirators are used to protect the wearer from droplets, airborne particles, and body fluids that might potentially be harmful to the skin. They are loose-fitting and disposable, which makes breathing easy and comfortable. In the masks, the filter material combines various high-performance filter media to achieve excellent filter performance. The various filter layers retain the coarse and fine particles effectively. At the same time, the breathing resistance remains extremely low so that the user can work easily and without fatigue, even for longer periods. Odor-stopping versions of the masks and respirators use an additional layer of internal activated carbon to combat unpleasant odors. Ventilators are also used in a variety of healthcare settings, such as hospitals and emergency facilities, for patient ventilation and oxygen therapy. The increase in the geriatric population and the rise in the prevalence of respiratory diseases are expected to boost the demand for masks and respirators. A few of the commonly available respirators are N95, N99, N100, P95, P99, P100, R95, R99, and R100.

Based on clinical indication, the LATAM and Caribbean respiratory disposables market is segmented into asthma, COPD, and others. The COPD segment held the largest market share in 2022, and the same segment is anticipated to register the highest CAGR of 4.56% from 2022 to 2030. Chronic obstructive pulmonary disease (COPD) is considered to be a progressive lung disease that makes breathing highly difficult. Patients suffering from COPD might use inhalers to deliver medication directly into their airways. Types of COPD inhalers include long-term and control medications, as well as quick relief and rescue medications. These also include corticosteroids, beta-agonists, anticholinergics, and combination inhalers. Ventilators can help deliver oxygen to the lungs, which can help with symptoms such as shortness of breath and fatigue. COPD patients are increasingly relying on respiratory disposables for effective management. Thus, the rise in COPD incidence fuels the growth of the segment.

The LATAM and Caribbean respiratory disposables market, based on usage, is segmented into neonatal and pediatrics, adults, and geriatrics. The geriatrics segment held the largest market share in 2022; however, the adults segment is anticipated to register the highest CAGR of 4.56% from 2022 to 2030. An increase in the geriatric population in LATAM countries and the weakening of the immune system in the elderly population make this population vulnerable to respiratory diseases. Respiratory diseases and conditions, including pneumonia, chronic obstructive pulmonary disease (COPD), and sleep apnea, become more common with age. Due to normal aging processes and cumulative exposure to environmental factors, the older population is more susceptible to these diseases. Therefore, they require a variety of disposable respiratory devices, such as inhalers, nebulizers, and oxygen therapy devices. The age for adult patients ranges from 18 to 60 years. The adult population is vulnerable to several respiratory diseases, which can be parenchymal lung diseases, chronic diseases, asthma, occupational lung diseases, chronic obstructive pulmonary disease (COPD), and acute illnesses such as pneumonia and flu.

Based on the end user, the LATAM and Caribbean respiratory disposables market is segmented into hospitals, clinics, and homecare. The homecare segment held the largest market share in 2022 and is anticipated to register the highest CAGR of 4.45% from 2022 to 2030. Homecare is the fastest-growing segment, primarily due to its convenience for patients. Homecare refers to services provided in a home to people of all ages. A person who is aging and needs assistance with independent living, is dealing with chronic health problems, is recovering from a medical setback, or has special needs or a disability might benefit from homecare services. Depending on a person's needs, professional care providers such as nurses, aides, and therapists provide short- or long-term care at home.

3M, Fisher & Paykel Healthcare, Medtronic, Drägerwerk AG & Co. KGaA, GE HealthCare, Masimo Corporation, Koninklijke Philips NV, ResMed, Intersurgical Ltd.; and Ambu A/S are among the leading companies operating in the LATAM and Caribbean respiratory disposables market.

The report segments the LATAM and Caribbean respiratory disposables market as follows:

The LATAM and Caribbean respiratory disposables market is segmented into product, clinical indication, usage, and end user. Based on product, the LATAM and Caribbean respiratory disposables market is segmented into masks and respirators, resuscitators, nasal cannulas, nebulizers, laryngoscopes, and others. In terms of clinical indication, the LATAM and Caribbean respiratory disposables market is segmented into asthma, COPD, and others. The LATAM and Caribbean respiratory disposables market, by usage, is segmented into neonatal and pediatrics, adults, and geriatrics. Based on the end user, the LATAM and Caribbean respiratory disposables market is categorized into hospitals, clinics, and homecare.

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