Bag Valve Masks Market to Reach US$ 936.4 Mn by End of 2031: TMR Study
In 2021, the industry boasted a valuation of US$ 570.8 million. Projections suggest a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of 4.9% expected from 2022 to 2031. By the conclusion of 2031, it is anticipated to surpass US$ 936.4 million.The global demand for ๐๐๐ ๐ฏ๐๐ฅ๐ฏ๐ ๐ฆ๐๐ฌ๐ค๐ฌ (BVM) is poised to escalate in the foreseeable future. This surge is attributed to several factors including the proliferation of emergency medical services, the aging population, and the increasing prevalence of chronic respiratory ailments such as asthma, COPD, and lung cancer. BVM ventilation is instrumental in delivering rescue ventilation to patients afflicted with conditions like apnea, cardiac arrest, or severe respiratory failure.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ :
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A bag valve mask serves as a portable apparatus employed to administer positive pressure ventilation to individuals encountering breathing difficulties. Also referred to as an Ambu bag or manual resuscitator, this device comprises a mask designed to cover the nose and mouth, along with a hand-operated bag used to deliver air into the lungs.
These masks find widespread application in emergency medical services, hospitals, and various medical environments to offer vital respiratory support to patients in respiratory distress. Bag valve masks come in two primary types: self-inflating and flow-inflating.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
HUM Gesellschaft, Ambu A/S, Flexicare (Group) Limited, Teleflex Incorporated, Fisher & Paykel Healthcare, Fitbit, Shining World Health Care Co. Ltd., Medline Industries, Vyaire Medical Inc, ICU Medical, Inc. (Smiths Medical), and Mercury Medical.ย
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:
Type
Self-inflating
Flow-inflating
Modality
Reusable
Disposable
Age
Adult
Pediatric
Valve Type
PEEP Valve
Pop-off Valve
Others
Material
Silicone
Polyvinyl Chloride (PVC)
Others (Rubber, etc.)
End-user
Hospitals
Ambulatory Surgical Centers
Others
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐๐ฎ๐ฌ๐๐๐ฅ๐ ๐๐๐ ๐๐๐ฅ๐ฏ๐ ๐๐๐ฌ๐ค๐ฌ
Categorized by modality, the worldwide market is divided into disposable and reusable segments. Projections suggest that the reusable segment will yield greater profitability in the upcoming forecast period. Developing regions worldwide demonstrate significant demand for reusable bag valve masks (BVMs). Nonetheless, the comparatively elevated cost of reusable BVMs compared to disposable ones is expected to impede market expansion in the foreseeable future.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
According to the analysis of the bag valve masks market, North America is poised to maintain its dominance over the global market throughout the forecast period. This dominance can be attributed to the escalating prevalence of various respiratory disorders in the region. Moreover, advancements in healthcare technology and the growing adoption of home healthcare facilities are further propelling the growth of the bag valve mask market in North America.
In Europe, the market for bag valve masks is expected to witness an upsurge during the forecast period, primarily driven by substantial enhancements in the healthcare sector and increased government initiatives aimed at enhancing healthcare services across the region.
Meanwhile, the Asia Pacific region is forecasted to exhibit the highest Compound Annual Growth Rate (CAGR) in the bag valve mask market during the projected period. Factors such as ongoing product innovation, a surge in the elderly population, and technological advancements are anticipated to propel market growth in the region.
๐๐๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ:
Inย June 2020, Fitbit launched a new COVID-19 ventilator based on manual resuscitation bags. The company incorporated many sensors into this emergency ventilator. The ventilator's volume and pressure control feature help monitor patients efficiently in healthcare facilities.
๐๐ฅ๐๐๐ ๐๐ง ๐๐ซ๐๐๐ซ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
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๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Shift towards disposable BVMs for infection prevention.
Integration of advanced features such as pressure monitoring and oxygen delivery systems.
Growing focus on telehealth and remote patient monitoring.
Future Outlook: The bag valve masks market is poised for robust growth in the coming years, fueled by ongoing technological innovations, expanding healthcare infrastructure, and the growing demand for respiratory support devices globally.
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ญ๐ฎ๐๐ฒ ๐๐จ๐ข๐ง๐ญ๐ฌ:
Market dynamics analysis including drivers, challenges, and trends.
Comparative analysis of different service types and sourcing types.
Assessment of market opportunities in emerging regions.
Evaluation of competitive landscape and key market players.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐๐:
๐๐ฎ๐ง๐ ๐๐๐ง๐๐๐ซ ๐๐ฎ๐ซ๐ ๐๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/02/20/2611485/0/en/Lung-Cancer-Surgery-Market-to-Reach-US-20-2-Bn-by-End-of-2031-TMR-Study.html
๐๐ข๐ฅ๐ข๐ญ๐๐ซ๐ฒ ๐๐๐ฌ๐๐ซ ๐๐๐ฌ๐ข๐ ๐ง๐๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ- https://www.globenewswire.com/news-release/2023/02/21/2611889/0/en/Military-Laser-Designator-Market-Value-to-reach-US-4-4-billion-by-2031-as-per-TMR-Report.html
๐๐๐จ๐ฎ๐ญ ๐๐ซ๐๐ง๐ฌ๐ฉ๐๐ซ๐๐ง๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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