WILMINGTON, DE / ACCESSWIRE / February 8, 2023 / The global bag valve masks market was valued at US$ 570.8 Mn in 2021 and is projected to reach more than US$ 936.4 Mn by 2031, according to the market report by TMR.
Bag valve masks, also known as manual resuscitators or Ambu bags, are devices used in resuscitation and emergency respiratory support. These consist of a bag that is manually squeezed to deliver air to a patient and a valve that controls the flow of air in and out of the bag.
Governments of various countries have taken initiatives to develop healthcare infrastructure, which is likely to drive global business. Furthermore, the increase in demand for bag valve masks during emergencies in hospitals and other settings, especially for patients suffering from respiratory distress, has opened new growth avenues for the bag valve masks market.
Request to Sample PDF of this Strategic Report (Use Corporate Mail ID for Top Priority):
https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=85368
Bag Valve Masks Market: Growth Drivers
- The surge in demand for bag valve masks with advanced features, such as built-in oxygen supplies, integrated pulse oximeters, and improved valve designs for better flow control and reduced resistance, is propelling industry growth
- The rise in the usage of bag valve masks in developing countries due to increase in awareness about assistive ventilation and the need for effective emergency respiratory support, particularly among the geriatric population, is projected to offer lucrative market growth
- The usage of disposable bag valve masks has gained momentum as a result of the increased risk of cross-contamination. Concurrently, the burgeoning need for cost-effective and convenient medical equipment is likely to augment the market.
- Technological advancements in bag valve masks, such as the incorporation of sensors, software, and artificial intelligence into bag valve masks to improve performance, have created multiple growth opportunities in the global industry
- The hospital segment is expected to witness robust growth due to the rise in the patient population suffering from complex respiratory problems. The healthcare industry plays a vital role in offering advanced treatment to patients, which is likely to propel market growth.
Key Findings of Bag Valve Masks Market
- Based on modality, the market has been bifurcated into disposable and reusable. The reusable segment is projected to witness significant growth during the forecast period due to an increase in reusable bag valve mask demand in countries across the world.
- The self-inflating bags segment is anticipated to account for a major market share during the forecast period due to ease of use and high demand in the resuscitators industry segment.
Buy this Premium Research Report | Immediate Delivery Available-https://www.transparencymarketresearch.com/checkout.php?rep_id=85368<>
Bag Valve Masks Market: Regional Analysis
- North America is projected to lead the global market in the next few years. This is ascribed to the high prevalence of complex respiratory problems in the region. Furthermore, the presence of a large number of key players is likely to propel market growth in North America.
- Europe is anticipated to be the second largest market during the forecast period as a result of government support and funding for developing the healthcare infrastructure
- Asia Pacific is expected to grow at a rapid pace in the next few years. This can be ascribed to an increase in the geriatric population and advancements in treatment procedures.
Bag Valve Masks Market: Competitive Scenario
The bag valve masks market is highly competitive, with several well-established players and new entrants striving to expand market reach. These companies focus on factors such as product quality, innovation, and pricing. Competition in the market is expected to be intense, with new entrants and technological advancements expected to continue to shape the market landscape in the next few years.
Key players operating in the market are:
- Teleflex Incorporated
- Mercury Medical
- Ambu A/S
- ICU Medical, Inc. (Smiths Medical)
- Shining World Healthcare Co., Ltd.
- Fitbit
- Medline Industries
- Flexicare (Group) Limited
Ask for References -
https://www.transparencymarketresearch.com/sample/sample.php?flag=ARF&rep_id=85368
Bag Valve Masks Market: Segmentation
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
Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Modernization of healthcare in terms of both infrastructure and services has pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Research Reports by Transparency Market Research:
- Cardiac Diagnostic Catheters Market
- Diagnostic Catheters Market
- Asthma Monitoring Devices Market
- Europe Podiatry Equipment Accessories Market
- Atherectomy Systems Market
- Stoma Care Market
- Dental Bone Void Filler Market
- Ophthalmic Perimeters Market
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact:
Nikhil Sawlani
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll-Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Blog: https://tmrblog.com
Email: [email protected]
SOURCE: Transparency Market Research Inc.