Acoustic Respiration Sensors Market

Acoustic Respiration Sensors Market Outlook (2023 to 2033)

The global acoustic respiration sensors market is estimated to secure a market value of US$ 247.1 million in 2023. From 2023 to 2033, the market is expected to expand at a CAGR of 6.6% while garnering a market value worth US$ 468.9 million by 2033. This market's expansion is mainly driven by an increasing number of respiratory diseases as well as increased awareness about respiratory health.

Respiratory diseases are a leading cause of death in both children and adults, fueling the demand for respiratory monitoring devices. Furthermore, advances in sensor technology have resulted in an increase in adoption rates among hospitals and clinics, thus, the market is projected to experience a notable expansion in the forthcoming period.

Acoustic respiration sensors enable healthcare providers and clinicians to monitor a patient's breathing in real-time. It is a non-invasive technology that aids in the early detection of respiratory distress in patients. This technology employs novel adhesive sensors with an acoustic transducer, allowing for continuous monitoring of breathing patterns. The product is useful for detecting emerging respiratory disorders and providing patients with prompt therapeutic responses to reduce the risk of dangerous respiratory events. Increasing demand for non-invasive technology devices is likely to open various avenues of expansion in the market in the forthcoming period.

Acoustic Respiration Sensors Demand Analysis (2018 to 2022) Vs Market Outlook (2023 to 2033)

Acoustic respiration sensors enable healthcare providers and clinicians to oversee a patient's breathing in real-time. It is a non-invasive technology that aids in the early detection of respiratory distress in patients. This technology employs novel adhesive sensors with an acoustic transducer, allowing for continuous monitoring of breathing patterns.

The product is useful for detecting emerging respiratory disorders and providing patients with immediate therapeutic responses to alleviate the risk of catastrophic respiratory failures. Increasing demand for non-invasive technology devices is likely to open various avenues of expansion in the market in the forthcoming period.

What are the Factors Driving the Global Acoustic Respiration Sensors Market?

The acoustic respiration sensors market is primarily driven by a few key factors, such as the use of respiratory sensors to provide non-invasive and steadfast monitoring to patients. The increasing prevalence of respiratory disorders, an aging population, and an increase in life expectancy will drive the market in the forecast period.

The Anesthesia Patient Safety Foundation (APSF) recommends using multiple parameters to detect respiratory disorders before they progress to respiratory breakdowns, such as pulse oximetry and respiration rate. Paediatrics is more prone to respiratory diseases. Thus, the demand for Acoustic Respiration Sensors is expected to skyrocket in the forthcoming period.

This technology is a reprieve to the healthcare industry because it provides early warning of respiratory distress, allowing physicians and other healthcare providers to provide early care, and potentially improve patient safety and health. The market for acoustic respiration sensors is being driven by new product approvals from various regulatory agencies around the world. Such rapid developments in the market are expected to offer significant market growth opportunities in the forecast period.

In addition, the acoustic respiration sensors market is experiencing significant growth with rising healthcare expenditure in developing countries. The use of acoustic respiration sensors in addressing evolving respiratory issues is driving the market. The market is also being driven by increased awareness among end users as a result of various associations. Such factors are anticipated to boost market growth in the assessment period.

The acoustic respiration sensors market in the healthcare sector is primarily driven by a few key factors such as the use of respiratory sensors to provide non-invasive and continuous monitoring to patients. The growing incidence of respiratory disorders, the aging population, and the rise in life expectancy are certified market denominators of growth. In addition to this acoustic respiration sensors market also observes significant growth due to increasing healthcare expenditure in developing countries.

Sabyasachi Ghosh

Principal Consultant

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Which Factors are limiting the Growth of Acoustic Respiration Sensors Market?

Lack of technical fluency is projected to hinder market growth in the forecast period. Also, dearth of awareness about the benefits of the sensors, the market is likely to suffer in the forthcoming time. Furthermore, high costs associated with the acoustic respiration sensors is another factor limiting the market growth.

Region-wise Insights

Will North America Continue Dominance in the Global Acoustic respiration sensors Market?

Intensive Research and Development and product innovation to favor growth

The North America Acoustic Respiration Sensor market held a market share of 41.2% in 2022. North America is expected to dominate the respiration rate monitors market during the forecast period with a large focus on research and development activities and product innovation in the region. Europe tends to be the second leading region in the respiration rate monitors market with a high geriatric population and availability of advanced healthcare technology.

The rules of the USA Food and Drug Administration drive the North American market. Such regulations and approvals are likely to enhance the North American acoustic respiration sensor market in the coming years.

North America holds a leading position in the respiration sensor market due to regulations of the drug and USA food administration. Such approval and regulations are expected to increase the respiration sensor market in the North American region during the forecast period.

How will Europe fare in the Acoustic Respiration Sensors Market?

Europe's exponential growth with a strong presence of players in the region

European countries are also predicted to show exponential growth in the respiration sensor market. The rising development and emergence of numerous regional players in Europe, results in significant growth in the respiration sensor market, in upcoming years. The respiration sensor market would grow rapidly across the regions.

Why Asia Pacific is a flourishing Market for Acoustic Respiration Sensors Market Players?

Asia Pacific market witness to the rapid development of healthcare system exudes growth

Asia-Pacific will see stupendous growth in the acoustic respiration sensors market in the coming years, as it is developing at a scintillating pace and has seen the emergence of many regional players. Rising healthcare infrastructure and rapid development of healthcare infrastructure across Asian countries will drive the growth of the Asia-Pacific acoustic respiration sensors market.

Country-wise Insights

What Are the Emerging Trends and Future Opportunities in the United States Acoustic Respiration Sensors Market?

Respiratory disorders, such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea, are prevalent in the United States. Over 34 million individuals in the United States suffer from chronic lung conditions such as asthma and COPD, encompassing emphysema and chronic bronchitis. Additionally, over 16 million adults in the United Satiates have been diagnosed with some form of COPD. According to the Asthma and Allergy Foundation of America's April 2022 report, asthma affects about 25 million individuals in the United States annually.

The market in the United States is poised for significant growth in the coming years. Increasing demand for non-invasive monitoring devices, technological advancements, the growing prevalence of respiratory disorders, and the emphasis on patient safety are driving market growth. However, adherence to stringent regulatory requirements, competition among market players, and the reimbursement scenario are crucial factors likely to shape the market's future landscape positively.

How are Wearable Devices Revolutionizing Acoustic Respiration Sensor Adoption in Germany?

Several factors, including the rising prevalence of respiratory disorders such as COPD, TB, asthma, lung cancer, and sleep apnea, fuel the market growth. A study published in the Journal of Asthma and Allergy in July 2022 highlighted that asthma is a prevalent chronic disease in Germany, affecting around 4-5% of all adults and 10% of children each year. Consequently, the substantial burden of asthma in the country is anticipated to drive an increase in demand for respiratory devices, thereby stimulating the Germany acoustic respiration sensors market during the projected period.

The growing trend of wearable devices in healthcare is positively influencing the adoption of acoustic respiration sensors in Germany. These sensors can be integrated into wearable devices such as smartwatches and fitness bands, enabling continuous respiratory monitoring in real time. The convenience and portability offered by wearable devices are driving their popularity among patients and healthcare providers alike.

How are Acoustic Respiration Sensors and AI Transforming Respiratory Healthcare in Japan?

The Japan acoustic respiration sensors market is witnessing significant growth due to the increasing adoption of advanced healthcare technologies, rising awareness about respiratory disorders, and the growing geriatric population. Japan has one of the world's largest aging populations, leading to an increased demand for healthcare services, including respiratory monitoring devices. According to the "Japanese Guidelines for Adult Asthma 2020" study published in September 2020, there has been a notable increase in the average prevalence of asthma in Japan. The study found that the prevalence has risen from 1.0% to 10.0% or even higher in children, and from 6.0% to 10.0% in adults, in the year 2020 compared to previous years.

The integration of acoustic respiration sensors with AI technologies is gaining traction in Japan. AI algorithms can analyze respiratory data to detect abnormalities and predict impending respiratory events, assisting healthcare professionals in making timely interventions.

Are Acoustic Respiration Sensors Revolutionizing Respiratory Monitoring in the United Kingdom?

The United Kingdom acoustic respiration sensors market has grown substantially due to the increasing adoption of respiratory monitoring systems, the rising geriatric population, and the prevalence of respiratory disorders. The United Kingdom sees about 585,000 diagnoses of respiratory diseases annually, with half of them attributed to asthma and COPD. Key trends, such as technological advancements, adoption in homecare settings, and a focus on patient comfort, are shaping the market landscape.

The country has a healthcare system that focuses on preventive care and early detection of diseases. The United Kingdom's healthcare system, the NHS, plays a crucial role in shaping the market dynamics. The NHS's commitment to improving patient outcomes and reducing healthcare costs creates opportunities for innovative respiratory monitoring solutions like acoustic respiration sensors.

How Does Strong Healthcare Infrastructure Impact the China Acoustic Respiration Sensors Market?

China has a significant aging population, prone to respiratory disorders such as chronic obstructive pulmonary disease (COPD) and sleep apnea. Based on the GBD 2019 report, there has been a significant 61.2% increase in the number of new cases of COPD, rising from 2.39 million in 1990 to 3.97 million in 2019. This rise can be attributed to several key factors, including the high prevalence of respiratory diseases in China, the continuation of economic and demographic trends, technological advancements, and the expanding use of respiratory care in home settings. For example, an article published by the National Library of Medicine in October 2021 highlights that COPD remains a prominent public health issue in China.

China has a robust healthcare infrastructure with a high emphasis on patient care and safety. The country's well-established healthcare system and favorable reimbursement policies encourage the adoption of advanced medical devices. Acoustic respiration sensors, being an integral part of patient monitoring systems, are expected to witness increased adoption in the China healthcare sector.

How Are Acoustic Respiration Sensors Advancing Remote Patient Monitoring in India?

The rapid urbanization and significant pollution levels in India have played an important role in increasing the occurrence of respiratory diseases in the country. For example, a study published by PubMed in August 2021 revealed that the prevalence of COPD among individuals aged 30 years and above in India was 7%. These studies highlighting the prevalence of respiratory diseases in India are generating a surge in demand for respiratory devices, thereby driving the growth of the India acoustic respiration sensors market.

The increasing focus on remote patient monitoring and telehealth services has led to the adoption of acoustic respiration sensors in home healthcare settings in India. These sensors enable healthcare providers to monitor patients' respiratory parameters remotely, enhancing patient care and reducing the burden on healthcare facilities.

Category-wise Insights

Why Do Acoustic Respiration Sensors Hold Greater Appeal for the Adult Age Group?

Several factors drive the dominance of the adult age group in the market:

• Adults are more prone to respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, and sleep apnea compared to pediatric age groups.
• The aging population contributes to the adult age group's market dominance, as age-related decline in lung function increases the risk of respiratory problems. Acoustic respiration sensors are commonly used in surgical procedures, critical care, and occupations with respiratory hazards, where adults make up a significant patient population.
• Adults generally exhibit higher health awareness and have better access to healthcare facilities, contributing to their adoption of respiratory monitoring technologies.

Why are Sales via Specialized Care Centers Dominating the Distribution of Acoustic Respiration Sensors?

The dominance of the sales via specialized care centers segment in the acoustic respiration sensors market by distribution channels can be attributed to several factors. Specialized care centers possess expertise and specialization in respiratory care, with healthcare professionals who are highly knowledgeable in this field. They offer comprehensive care for patients with specific respiratory conditions, including diagnosis, treatment, and monitoring. By collaborating closely with medical device manufacturers, these centers ensure access to the latest advancements in acoustic respiration sensors. They also serve as referral points for patients who require specialized respiratory care, attracting a steady flow of patients seeking respiratory monitoring solutions.

Start-up ecosystem

Acurable

Provider of a connected wearable device for remote monitoring of health.

Provider of a connected wearable device for remote health monitoring. It has developed a wearable patch that can capture respiratory and cardiac acoustic signals. The device is fixed near the neck of the user using an adhesive bandage and when turned on the device reads the acoustic signals of the body using a microsensor.

Advanced Telesensors

Advanced TeleSensors is using patented contactless heart and respiration sensing technology to develop devices that can gather vital data through obstruction during natural motion without any need for wired sensor pads leading to cost-cutting. ATS technology is capable of automatically locking on to an individual’s pulse, respiration, and movement in their residence, which can then be transmitted to a centralized health care system enabling advanced home care.

Competitive Landscape:

All manufacturers of the respiration sensor market are mainly focusing on the product design, to increase productivity. It is expected that with due course of time, there will be an influx of well-established players in the acoustic respiration sensors market.

Major players in the respiration rate monitors market are GE Healthcare, Siemens Healthcare, Philips Healthcare, Medtronic Plc, Masimo Corporations, ResMed Inc., Smiths Medical, Dragerwerk Ag & Co. KGaA, MGC Diagnostic Corporation, Nihon Kohden Corporation, Welch Allyn, Inc, and others.

It is envisaged that robust players will enter the acoustic respiration sensors market in due course. Many regional and multi-national players with a large market share in emerging and developed economies are present in the acoustic respiration sensors market.

• Orion has been operating in the pharmaceutical industry. Respiratory therapy has been one of our focus areas since the 1990s, and our first pulmonary medication was made available to the market in 1993. As a fully integrated pharmaceutical company, we have a well-established commercial individuality in the European respiratory space.
• In 2017, Masimo is a leading player in the acoustic respiration sensors market, with the Respiratory Acoustic Sensor (RAS) Series, which includes the RAS-125c and RAS-45 for both adults and pediatrics.
• Masimo Announces Full Market Release of Rainbow Acoustic Monitoring Sensor RAS-45, an adhesive adult and pediatric acoustic respiration sensor for rainbow Acoustic Monitoring.
• Medtronic Public Limited Company, which has a product for respiratory rate monitoring, is the other market leader in acoustic respiration sensors.

Key Companies Profiled

• Masimo
• Medtronic Public Limited Company

Key Segments Profiled in the Acoustic Respiration Sensors Market

Patient Age Groups:

• Adults
• Pediatrics

Distribution Channels:

• Sales via Specialized Care Centers
• Sales

Region:

• North America
• Latin America
• Western and Eastern Europe
• Asia-Pacific
• Japan
• Middle East and Africa