Passover Humidifiers Market Value to Exceed US$ 73.9 Million by 2031, as per Transparency Market Research, Inc.

Wilmington, Delaware, United States, February 3, 2023 (GLOBE NEWSWIRE) —

Transparency Market Research Inc.

–

The globe

Passover

Humidifier I

Industry

will grow at a CAGR of 2.1% over the forecast period of 2022 to 2031 according to Transparency Market Research (TMR) Market Outlook.

Based on the product type, the dry disposable segment had a prominent share of the global market in 2021. Dry disposable humidifiers have grown in popularity in recent years due to advantages such as cost effectiveness and ease of use. Additionally, these devices require no maintenance or setup. The adoption of dry, disposable humidifiers has increased in homes and offices because these products are relatively inexpensive solutions than permanent humidifiers. This factor is likely to drive the market growth in the coming years.

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Passover Humidifier Market: Growth Drivers

• The increasing prevalence of sleep-related diseases creates outstanding business opportunities for manufacturers of Passover humidifiers

• An increasing acceptance of CPAP therapy in the treatment of sleep disorders is driving the global industry

Passover

Humidifier Market: Key Findings

• Cases of respiratory diseases have increased in recent years. Sleep apnea is one of the critical health disorders affecting millions of people worldwide. According to statistics from the World Health Organization (WHO), an estimated 100 million people are living with this disease worldwide. Healthcare providers are increasingly using CPAP therapy to treat this health condition as it offers better results. This therapy uses a machine that uses a mask to provide air pressure and keep the airway open during sleep. However, the possibility of discomfort and dryness in the nasal passages increases during this treatment. Incorporating Passover humidifiers helps maintain moisture in the air supplied by the CPAP machines, reducing the possibility of discomfort and dryness for patients. Hence, the increasing use of Passover humidifiers in CPAP therapy is expected to bring lucrative opportunities in the industry during the forecast period.

• People’s hectic lifestyles and unhealthy eating habits have led to an increase in cases of obesity and other lifestyle-related disorders. This population base is at higher risk for sleep-related diseases. This is expected to drive demand for CPAP therapy over the next few years, which in turn is likely to drive sales of Passover humidifiers over the forecast period.

• Demand for Passover humidifiers is increasing in clinics and hospitals around the world as these devices are used as an important part of adjunctive therapy for individuals suffering from sleep-related illnesses and other respiratory conditions. In addition, demand for Passover humidifiers is expected to increase in hospitals that provide services related to sleep labs that provide treatment and diagnostic services for sleep disorders. According to the TMR study, hospitals and clinics are a significant end-user segment of the market.

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Regional Analysis

• North America
  
  held the largest share of the global market in 2021. This is attributed to an increase in cases of sleep disorders, a rise in healthcare spending and the presence of key players in the region.

• the market one
  
  Asia Pacific
  
  is expected to expand at a considerable pace during the forecast period owing to advanced healthcare infrastructure and rising healthcare purchasing power

competitive landscape

• Companies pursue different strategies, such as mergers, acquisitions, partnerships and product launches, to increase their market share

• These players invest heavily in R&D projects to develop products with improved efficiency

Passover Humidifiers Market: Major Players

• Philips Respironics

• ResMed

• Fisher & Paykel Healthcare Limited

• DeVilbiss

• CareFusion

• tri-anim

• Vyaire Medical
  

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Passover Humidifiers Market Segmentation

Product Type

• Dry disposable

• Pre-filled disposable

• Dry reusable
  

end user

• Hospitals & Clinics

• home care

• Other
  

Regions Covered

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East & Africa
  

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About transparency market research

Transparency Market Research, a global market research firm based in Wilmington, Delaware, USA, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trend 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 and techniques to collect and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so it always reflects the latest trends and information. With a broad research and analytical capacity, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive datasets and research material for business reports.

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