What is Medical Air Treatment Systems Market?
Rise in airborne diseases, changing lifestyle preference and Bad air quality are factor that boost the market growth. Medical air treatment system is used mainly by medical institutions like hospitals and doctor's offices, medical air purifiers enhance the interior air quality. Dust, smoking, pollen, germs, viruses, mould, and volatile organic compounds (VOCs) from the use of medical chemicals damage indoor air. Without adequate air circulation and filtering, air pollution and other outside particles pollute the inside environment as they enter buildings. To protect the health and safety of patients, air pollutant levels in medical facilities must be reduced. Medical air treatment system is use for variety of patient. Patients who are vulnerable to oxygen toxicity are exposed to air to reduce their exposure to oxygen, Patient with delicate respiratory system rely on pure medical air, and Medical air used for anaesthesia.
Highlights from Medical Air Treatment Systems Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Aerobiotix (United States), Medical Expo (India), Honeywell (United States), 3M (United States), Atlas Copco (Sweden), IQ Air (Switzerland), Lifeaire (United States), Avante Health Solutions (United States), Dyson (Singapore), Carrier (United States), Philips (Netherland), Newell Brand (United States), Sharp Corporation (Japan), Whirlpool Corporation (United States) and Alen (United States) |
The Global Medical Air Treatment System is fragmented, with only a few major players monopolising the market. Companies are concentrating their efforts on strategic expansion in untapped markets and regions. To produce more innovation in the medical air equipment system, companies are investing in R&D activities and focusing more on technology and filters. Companies are utilising strategic collaboration projects to increase their market share and profitability. Mid-size and smaller businesses, on the other hand, are expanding their market presence by winning new contracts and entering new markets as a result of technological advancements and product innovations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Medical Air Treatment Systems market throughout the forecasted period.
Aerobiotix (United States), Medical Expo (India), Honeywell (United States), 3M (United States), Atlas Copco (Sweden), IQ Air (Switzerland), Lifeaire (United States), Avante Health Solutions (United States), Dyson (Singapore), Carrier (United States), Philips (Netherland), Newell Brand (United States), Sharp Corporation (Japan), Whirlpool Corporation (United States) and Alen (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Austin Air Systems (United States), Blueair (Sweden) and Coway (South Korea). Medical Air Treatment Systems Market Segmentation:
Scope | Sub-Segments |
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Application / End User | Aerosol therapy and ventilator therapies, Inhalation anaesthesia, alternative to supplemental oxygen, Drying medical equipment and Others |
Filter | HEPA filters,ULPA filters,ASHRAE filters,Others |
End User | Industrial Use,Residential Use,Commercial Use |
On the basis of geography, the market of Medical Air Treatment Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Medical Air Treatment Systems Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Prevalence of respiratory Disease such as Asthma, chronic obstructive pulmonary disease, Lung cancer
- Rising geriatric population drives the market growth
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Influencing Trends | - Technological advancement in the air purifier and medical air technology
- Increasing government initiative on regulating air pollution
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Restraints | - Regular maintenance of the system hampers the market growth
- Initial Purchase cost is high restricting the market growth
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Road Blocks / Challenges | - High Capital Investment in the technology and setting up the plant stymie the market growth
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Gaps & Opportunities | - Changing lifestyle preference creates an opportunity for the medical air treatment system market
- Rise in airborne diseases such as common flu, viral fever, cold, and cough
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Key Target Audience
New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Market Leaders & Development Strategies
On June 13 2022, Airedale has recently launched the Airedale Cloud Diagnostics. This cutting-edge HVAC performance management tool, which is accessible on the user's phone, tablet, or laptop, was developed in response to the pressure facility managers and operators face when managing cooling equipment that is becoming an increasingly important component of daily business operations. and Acerpure launched their 2-in-1 air circulator and purifier on January 17, 2022. The 3-in-1 HEPA Filter used by the 2-in-1 air circulator and purifier Acerpure Cool is used to clean the air before it is projected about the room by a fan.
The National Fire Protection Agency's (NFPA 99) Standard for Healthcare Facilities (2005 Edition) is the current Code used to build compressed air systems in healthcare facilities in the United States. Compressed air is merely one of many standards for medical gases covered by the NFPA 99 Standard.