Venturi Masks Market Size, Share, Growth, And Industry Analysis, By Type (24% Oxygen Masks, 28% Oxygen Masks, 31% Oxygen Masks, 35% Oxygen Masks, 40% Oxygen Masks, Others), By Application (Hospitals and Clinics, Homecare, Ambulatory Surgery Centers, Others), Regional Insights, and Forecast To 2031

Updated On: 08 April 2024

Venturi Masks Market Report Overview

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The global venturi masks market size was USD 1695.5 million in 2021 and is projected to touch USD 4542.9 million by 2031, exhibiting a CAGR of 10.2% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, with venturi masks experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

A Venturi mask is a medical device used to deliver a controlled amount of oxygen to patients with respiratory conditions or those requiring oxygen therapy. It is named after the Italian physicist Giovanni Battista Venturi, who discovered the Venturi effect. The mask consists of a cone-shaped reservoir and a narrow, centrally located jet that creates a high-velocity flow of oxygen. The Venturi mask operates on the principle of the Venturi effect, which states that as the velocity of a fluid increases, its pressure decreases. The mask has multiple colored valves or adapters that correspond to different oxygen flow rates. Each valve has a specific size of the air entrainment port, which determines the precise amount of air that mixes with the oxygen flow. By adjusting the valve, healthcare professionals can control the concentration of oxygen delivered to the patient.

The global Venturi masks market is experiencing steady growth due to the increasing prevalence of respiratory diseases and the growing demand for efficient oxygen delivery systems. Venturi masks are medical devices that are used to deliver controlled concentrations of oxygen to patients with respiratory conditions. These masks provide a reliable and adjustable oxygen flow rate, making them highly suitable for patients with chronic obstructive pulmonary disease (COPD), asthma, and other respiratory disorders. The market for Venturi masks is expected to witness significant growth in the coming years.

COVID-19 Impact: Pandemic Led to High Demand for Respiratory Support Equipment Boosted the Market Growth

The Covid-19 pandemic has had a significant impact on the healthcare industry, including the Venturi masks market. The sudden surge in Covid-19 cases led to a high demand for respiratory support equipment, including Venturi masks, as many patients experienced respiratory distress. The increased usage of Venturi masks in Covid-19 treatment centers and hospitals worldwide contributed to the market's growth during the pandemic. Additionally, the need for efficient oxygen therapy in post-Covid-19 recovery also drove the demand for Venturi masks.

Latest Trends

"Development of Innovative Designs and Technologies to Enhance Patient Comfort and Improve Oxygen Delivery Efficiency to Boost the Market Development"

Manufacturers are focusing on designing lightweight and ergonomic Venturi masks that are more comfortable for patients to wear for extended periods. Additionally, advancements in technology are enabling the integration of features such as adjustable oxygen concentration settings, allowing healthcare professionals to precisely control the oxygen levels delivered to patients.

Venturi Masks Market Segmentation

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• By Type Analysis

According to type, the market can be segmented into 24% oxygen masks, 28% oxygen masks, 31% oxygen masks, 35% oxygen masks, 40% oxygen masks, others. 24% oxygen masks being the leading segment of the market by type analysis.

• By Application Analysis

Based on application, the market can be divided into hospitals and clinics, homecare, ambulatory surgery centers, others. Hospitals and clinics being the leading segment of the market by application analysis.

Driving Factors

"Increasing Prevalence of Respiratory Diseases to Drive the Market Growth"

The rising prevalence of respiratory diseases, such as COPD, asthma, and respiratory infections, is a major driver for the Venturi masks market. According to the World Health Organization (WHO), respiratory diseases are a leading cause of morbidity and mortality globally. The growing patient population suffering from respiratory conditions requires efficient oxygen therapy, driving the demand for Venturi masks.

"Technological Advancements in Venturi Masks to Drive the Market Development"

Technological advancements in venturi masks have played a significant role in the market's growth. Manufacturers are continually developing innovative designs and incorporating advanced features to enhance the efficiency and effectiveness of venturi masks. This includes improved oxygen flow control mechanisms, adjustable settings, and better patient comfort. Such advancements are attracting healthcare providers and patients alike, driving the demand for venturi masks.

Restraining Factors

"Availability of Alternative Oxygen Delivery Systems to Hamper the Market Growth"

While venturi masks are highly effective and widely used, there are alternative oxygen delivery methods available, such as nasal cannulas and non-rebreather masks. These alternatives may be more suitable for specific patient populations or medical settings, leading to competition in the market. Manufacturers need to emphasize the unique benefits and advantages of venturi masks to overcome this challenge.

Venturi Masks Market Regional Insights

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"High Prevalence of Respiratory Diseases Such as COPD, Asthma, And Lung Cancer in North America to Bolster the Market Development"

North America is a significant market for Venturi masks due to several factors. Firstly, the region has a high prevalence of respiratory diseases such as COPD, asthma, and lung cancer. According to the American Lung Association, over 37 million people in the United States alone suffer from chronic respiratory conditions. This large patient pool drives the demand for efficient oxygen delivery systems like Venturi masks. Secondly, North America has a well-established healthcare infrastructure that promotes the adoption of advanced medical devices. The region is home to leading healthcare facilities, research institutions, and pharmaceutical companies. This favorable ecosystem allows for easy access to Venturi masks and encourages healthcare providers to utilize these devices for oxygen therapy. Additionally, the presence of skilled healthcare professionals and their awareness of the benefits of Venturi masks contributes to market growth.

The Asia Pacific region is expected to witness significant growth in the Venturi masks market. The region's large population base, rapid urbanization, and increasing awareness about respiratory diseases contribute to the expansion of the market. Firstly, the Asia Pacific region is home to a significant portion of the global population, including countries like China and India with highly populated cities. With the increasing population density, the prevalence of respiratory diseases is also on the rise. The World Health Organization estimates that around 1 billion people in the Asia Pacific region are affected by chronic respiratory conditions. This substantial patient population drives the demand for Venturi masks to provide efficient oxygen therapy. Secondly, the improving healthcare infrastructure in many countries within the Asia Pacific region is contributing to the growth of the venturi masks market.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• BD (U.S.)
• Besmed Health Business (Taiwan)
• Flexicare Medical (U.K.)
• Smiths Medical (U.K.)
• Salter Labs (U.S.)
• DEAS (Italy)
• For Care Enterprise (Taiwan)
• Intersurgical (U.K.)
• Sure Care (South Korea)
• Tylenol Medical Instrument (Taiwan)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.