Asia-Pacific disposable oxygen masks market is flourishing because of rising prevalence and incidence rate of respiratory-related disorders, increasing pandemic infections, such as COVID-19, growing prevalence of chronic respiratory diseases, and high healthcare expenditures.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects Asia-Pacific disposable oxygen masks market size to expand during the forecast period between 2023 and 2029. Major factors for the expansion of Asia-Pacific disposable oxygen masks market include an increase in prevalence and incidence rate of respiratory related diseases, growing pandemic infections, such as COVID-19, increasing prevalence of chronic respiratory diseases, and rise in healthcare expenditures. Rising urbanization and industrialization are contributing to poor air quality, which is a major cause in the rise of respiratory ailments. For instance, as per the World Health Organization’s 2018 study, outdoor air pollution causes 4.2 million deaths per year. Likewise, outdoor air pollution in both rural and urban areas was estimated to cause 4.2 million premature deaths globally in 2016. As a result of these factors, physicians advise patients to use oxygen masks for oxygen therapy, boosting the Asia-Pacific disposable oxygen masks market during the period in analysis. However, risks associated with the use of ventilators and high cost of mechanical ventilators are anticipated to restrain the growth of Asia-Pacific disposable oxygen masks market.
Asia-Pacific Disposable Oxygen Masks Market – Overview
Disposable oxygen masks provide a means for breathing oxygen gas to be transferred from a storage tank to the lungs. They have a soft, air-filled cuff for a close fit to the patient’s face and an easy grasp, as well as a dome with thumb rest and hook ring. PVC (Polyvinyl Chloride) is used to make the cushion and mask dome. Disposable oxygen masks are worn on the face to protect the nose and mouth from potentially infectious gases and viruses in the environment. In the healthcare industry, researchers and physicians typically wear disposable oxygen masks to protect themselves from airborne pathogens. People suffering from ailments such as chronic obstructive pulmonary disease (COPD), asthma, and others wear disposable face masks.
Asia-Pacific Disposable Oxygen Masks Market – By product type
Based on product type, Asia-Pacific disposable oxygen masks market is bifurcated into Adult Disposable Oxygen Mask and Pediatric Disposable Oxygen Mask segments. Asia-Pacific adult disposable oxygen masks market was estimated to dominate the market in 2022. The segment benefits from the increasing availability of adult disposable oxygen masks in a variety of materials such as rubber, plastic, or silicone, as well as the growing number of asthma and respiratory illness patients worldwide; adult disposable oxygen masks are rapidly becoming more popular. As a result of the preceding statements, the market segment is predicted to hold a higher market share during the forecast period.
Impact of COVID-19 on Asia-Pacific Disposable Oxygen Masks Market
COVID-19 boosted the rapid growth in the healthcare industry by increasing demand for disposable oxygen masks, which is expected to boost the market throughout the forecast period. COVID-19 infections can cause a variety of symptoms, although the respiratory system is the most usually affected. Symptoms might range from a sore throat to a cough to more serious lung problems. Severe symptoms include reactive airway disease, which causes wheezing and shortness of breath, and severe respiratory compromise, which can be caused by acute respiratory distress syndrome (ARDS) and required mechanical ventilation. Therefore, the demand for and production of disposable oxygen masks has skyrocketed due to COVID-19. Coronavirus causes respiratory illness, which causes breathing difficulty, increasing the demand for disposable oxygen masks in hospitals and clinics. The disposable oxygen mask market is having difficulties in closing the supply-demand imbalance produced by the unexpected crisis. The use of disposable oxygen masks has risen to avoid the spread of contagious coronavirus on the surface. To meet the global demand, government initiatives have accelerated the development of large-scale disposable oxygen masks. Due to the increased medical requirements, the post COVID-19 situation is projected to benefit the disposable oxygen masks industry. Product innovations focus on having secure and sustainable resources.
Major players operating in Asia-Pacific disposable oxygen masks market include Medline Industries, Inc., Dynarex Corporation, Medtronic, Philips, Smith’s Medical, Vyaire Medical, 3M, Cardinal Health, ResMed, Siemens Healthineers, and Fisher & Paykel Healthcare. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics Asia-Pacific Disposable Oxygen Masks Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia-Pacific Disposable Oxygen Masks Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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