Medical Humidifiers Market Scope
Medical humidifiers are the devices that emit water vapor or steam to increase moisture levels in the air (humidity). They can be particularly effective for treating dryness of the skin, nose, throat, and lips. They are often used for relieving dry skin, sinus congestion/headache, dry throat, nose irritation, bloody noses, dry cough, cracked lips and others. They are of several types such as central humidifiers, ultrasonic humidifiers, impeller humidifiers and steam vaporizers.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | HERSILL Medical Devices (Spain), HEYER Medical AG (Germany), Ceodeux Inc. (United States), Hamilton Medical (Switzerland), Condair Group AG (Switzerland), Inspired Medical Inc. (United States), Johns Hopkins Medicine (United States), Armstrong Medical Industries, Inc. (United Kingdom), Ohio Medical Corporation (United States) and Nice Neotech Medical Systems Private Limited (India) |
CAGR | 5.3% |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Medical Humidifiers market throughout the predicted period.
HERSILL Medical Devices (Spain), HEYER Medical AG (Germany), Ceodeux Inc. (United States), Hamilton Medical (Switzerland), Condair Group AG (Switzerland), Inspired Medical Inc. (United States), Johns Hopkins Medicine (United States), Armstrong Medical Industries, Inc. (United Kingdom), Ohio Medical Corporation (United States) and Nice Neotech Medical Systems Private Limited (India) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Medical Humidifiers market by Type and Region with country level break-up.
On the basis of geography, the market of Medical Humidifiers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, 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).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In August 2022, the OasisMist Smart Humidifier, a dual mist humidifier that offers wellness and beauty benefits, was launched by Levoit. This humidifier comes with voice assistance, an auto mode, and a quiet mode, boasting a 4.5-liter water storage capacity and a mist duration of up to 45 hours.
in September 2022, Munters inaugurated a new manufacturing facility in Virginia, USA, specializing in the production of energy-efficient, cutting-edge equipment for climate control in data centers, focusing on cooling and humidity management.
Influencing Trend:
Technological Advancements in the Humidifiers and Increasing Demand for Portable Humidifiers
Market Growth Drivers:
High Demand for Medical Humidifiers from Medical Facilities, High Health Benefits of the Medical Humidifiers and Increasing Healthcare Expenditure Across Emerging Markets
Challenges:
Dearth of Skilled Pofessionals
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growth in the Healthcare Industry Worldwide and Strengthening Distribution Channels of Major Product Manufacturers
Key Target Audience
Medical Humidifiers Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies and End-users