The ‘Global Heated Humidifiers Market Share, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global heated humidifiers market, assessing the market on the basis of its segments like types, end uses, and major regions.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): Approximately USD 2.42 Billion
- Forecast CAGR (2023-2028): 4.90%
- Forecast Market Size (2028): Around USD 3.22 Billion
Deteriorating air quality around the globe coupled with rising smoking habits, has led to a surge in chronic respiratory diseases worldwide, which is boosting the demand for heated humidifiers. Moreover, the increasing prevalence of chronic diseases like asthma and COPD that hamper lung structure and activities is adding on to the demand for heated humidifiers. These devices can enhance patients’ situation by reducing the symptoms of respiratory illness.
The increasing awareness regarding the importance of indoor air quality to reduce the danger of moulds, germs, and skin irritation, among others, is supporting the growth of the global heated humidifiers market. Heated humidifiers help maintain just the right amount of moisture in the air, reducing the cases of regular dry coughs, dry throats, nose irritation, and bloody nose. Furthermore, the increased research and development in the field has led to the development of more cost-effective humidifiers, aiding the market development.
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The technological advancements in heated humidifiers to provide patients with specific settings for optimal respiratory therapy is boosting the growth of the global heated humidifiers market. The introduction of temperature control capabilities, allowing patients to alter humidity levels as per their requirements and wifi connectivity to access remote control, is assisting the market growth. Moreover, the improvement in delivery methods, with the introduction of nasal prongs, facemasks, and tracheostomy tubes, favours the market demand.
Industry Definition and Major Segments
A heated humidifier is a device used to increase the temperature and moisture content of the air to enhance patients’ breathing. They are universally used with ICU ventilators owing to their superior functionality compared to other devices available for preventing the drying out of secretions in the airway. They are generally used in hospitals and clinics to assist patients with respiratory issues.
By type, the global heated humidifiers market is divided into:
- Integrated Humidifiers
- Standalone Humidifiers
- Built-in Humidifiers
Based on end use, the market is categorised into:
- Hospital and Clinics
- Home Care
- Others
The major regional markets for heated humidifiers include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The increased demand for warmth in cold weather, increasing air pollution, and the rising demand for improved air quality at homes are encouraging more and more people to invest in heated humidifiers. The easy accessibility through online platforms and improved aesthetic of humidifiers to match home furniture further support the global heated humidifiers market. The increasing adoption for energy-efficient and eco-friendly heated humidifiers is also assisting the market growth.
The hospitals and clinics segment is expected to hold a significant share of the global heated humidifiers market, as hospitals and clinics extensively use heated humidifiers for patients with respiratory issues. Heated humidifiers assist by relaxing the patient and can also act as a catalyst with other therapies to enhance their effect. Heated humidifiers can also be used with other respiratory tools like oxygen concentrators, ventilators, and CPAP machines.
North America is expected to account for a healthy share of the global heated humidifiers market during the forecast period, owing to the increased demand for humidifiers from the residential sector due to the rising consumer awareness regarding air quality and its effect on health. A rise in disposable income, along with increased health consciousness has encouraged people to spend more on home care infrastructure.
Key Market Players
The major players in the heated humidifiers market report are Koninklijke Philips N.V., Armstrong Medical Ltd., Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, Teleflex Incorporated, Guangdong Pigeon Medical Apparatus Co., LTD, ResMed Corp., Kranz LLC, Hamilton Medical AG, and Pikdare S.p.A., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.