Global Acute Respiratory Distress Syndrome (ARDS) Treatment Market, By Type (Mechanical Ventilation, Corticosteroids, Antiviral Medication, Extracorporeal Membrane Oxygenation (ECMO), Tocilizumab, and Others), Cause (Sepsis, Inhalation of Harmful Substances, Severe Pneumonia, and Others), Route of Administration (Oral, Parenteral, and Others), End User (Hospitals, Specialty Clinics, Home Healthcare, and Others), Distribution Channel (Direct Tender, Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy) - Industry Trends and Forecast to 2030.
Acute Respiratory Distress Syndrome (ARDS) Treatment Market Analysis and Size
The growing prevalence of infectious and respiratory diseases such as acute respiratory distress syndrome and the wide focus on vaccine developments and therapeutic and diagnostic products for these conditions have enhanced the market demand. Technological advancement for easy supply of products and fast manufacturing facilities are also contributing to market growth. The major market players are highly focused on product launches and products.
Data Bridge Market Research analyzes that the global acute respiratory distress syndrome (ARDS) treatment market is expected to reach USD 9,954,720.47 thousand by 2030, at a CAGR of 10.6% during the forecast period of 2023-2030. This market report also covers pricing analysis and technological advancements in depth.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Thousand, Volumes in Units, Pricing in USD
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Segments Covered
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Type (Mechanical Ventilation, Corticosteroids, Antiviral Medication, Extracorporeal Membrane Oxygenation (ECMO), Tocilizumab, and Others), Cause (Sepsis, Inhalation of Harmful Substances, Severe Pneumonia, and Others), Route of Administration (Oral, Parenteral, and Others), End User (Hospitals, Specialty Clinics, Home Healthcare, and Others), Distribution Channel (Direct Tender, Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Kuwait, Israel, and Rest of Middle East and Africa
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Market Players Covered
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Gilead Sciences, Inc., Terumo Medical Corporation, Getting, LivaNova PLC. Medtronic, ResMed, Fisher & Paykel Healthcare Limited, Drägerwerk AG & Co. KGaA, NIPRO, Fresenius SE & Co. KGaA, Hamilton Medical, Pfizer Inc., WEINMANN Emergency Medical Technology GmbH + Co. KG, EUROSETS, Armstrong Medical, nice Neotech Medical Systems Pvt. Ltd., and Besmed Health Business Corp., among others
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Acute Respiratory Distress Syndrome (ARDS) Treatment Market Definition
Acute respiratory distress syndrome (ARDS) is a life-threatening lung injury that allows fluid to leak into the lungs. Most people who get ARDS are hospitalized for trauma or illness such as COVID-19. The syndrome usually occurs when fluids build up in the tiny, elastic air sacs called alveoli in the lungs. This fluid build-up causes less oxygen to reach the bloodstream. This deprives the organs of getting enough oxygen for their normal function. People with other illness develops ARDS within a few hours to days after the precipitating injury or infection. The risk of death increases with age, and surviving the syndrome becomes hard depending on the severity of the illness.
Acute Respiratory Distress Syndrome (ARDS) Treatment Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Driver
Increasing Prevalence and Incidence of Acute Lung Injury
Patients with acute lung injuries are being widely reported due to numerous factors, such as the increasing aged population and the rising number of patients with sepsis and pneumonia, among others. However, most people get diagnosed with lung injuries and acute respiratory distress syndrome only at the late stages. The disease is a rapidly progressive condition occurring in patients with damaged lungs, causing bodily fluids to leak.
The number of acute respiratory distress syndrome cases and lung injuries is increasing due to the emergence of various respiratory illness-causing viruses in recent years.
The number of prevalent people drinking is also high, further increasing the disorder's burden. Hence, increasing alcohol consumption, irrespective of age, leads to symptoms such as ARDS. Other risk factors, such as dyspnoea, hypertension, diabetes, and more, lead to ARDS development. This wide range of risk factors associated with acute respiratory distress syndrome increases the possibility of developing the clinical condition, simultaneously raising the cases of the disease. These affirmative risk factors are expected to drive market growth.
Opportunity
Rising Healthcare Expenditure to Improve Treatment Facilities
Healthcare expenditure has increased worldwide as disposable income has increased among various countries' populations. Moreover, to accomplish the population requirements, government bodies, and healthcare organizations are taking the initiative by accelerating healthcare expenditure. The rise in healthcare expenditure simultaneously helps healthcare settings to improve their treatment facilities for acute respiratory distress syndrome, as the disorder has been highly prevalent in recent years.
Growing healthcare expenditure is also beneficial for further economic growth and healthcare sector growth, and it is primarily fruitful as it significantly affects the development of better and more advanced therapeutic options with ventilators and other ARDS treatment devices. Thereby, a surge in healthcare expenditure is expected to create opportunities for market growth.
Restraint / Challenge
High Cost of Devices and Treatment
The utilization of critical care and intensive care unit services is increasing worldwide, and its expensive cost is a major concern in the current healthcare system. However, acute respiratory distress syndrome is getting a wide range of advanced treatment options, and the cost of treatment for a long duration is quite difficult for average-income people to afford. Patients with ARDS commonly require long hospitalizations with frequent monetarization and ventilation usage, consuming significant healthcare resources. As a result, most patients who cannot afford a long-term stay get discharged in the initial stages of treatment. However, this increases the possibilities and susceptibilities for new infection complications, which demands additional healthcare resources and treatment.
Recent Developments
- In July 2023, ResMed announced the acquisition of privately held Somnoware, a U.S. leader in sleep and respiratory care diagnostics software. This acquisition helps the organization develop more revenue.
- In October 2022, NIPRO announced that one of its consolidated subsidiaries, Nipro Asia Pte. Ltd., had established a medical device sales subsidiary—Nipro Medical Philippines Corp., in the Republic of the Philippines. This helped the organization develop more revenue.
- In November 2021, Fisher & Paykel Healthcare Limited announced the launch of F&P Visairo Hospital under-nose mask for noninvasive ventilation. F&P Visairo is a new high-performance under-nose hospital mask with dynamic support technology. This allows for bridge-free, noninvasive ventilation, which eliminates pressure from the bridge of the nose and clears the way for an open field of vision without compromising on stability and performance. This helped the company to expand its product portfolio.
- In April 2021, Hamilton Medical announced that they had launched new HAMILTON-C1/T1/MR1 ventilators with various features, including CPR ventilation, upgraded high-flow oxygen therapy, volume Support mode, and digital solutions for respiratory care. This helped the company to increase its global presence in the market and raise their revenues.
- In February 2021, Pfizer CentreOne announced the new campaign of API & Intermediates. This campaign focused on a comprehensive range of complex API compounds and intermediates for drug product developers and manufacturers. This campaign launch helped the company to reach the market.
Acute Respiratory Distress Syndrome (ARDS) Treatment Market Scope
The global acute respiratory distress syndrome (ARDS) treatment market is segmented into five segments on the basis of type, cause, route of administration, end user, and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Mechanical Ventilation
- Corticosteroids
- Antiviral Medication
- Extracorporeal Membrane Oxygenation (ECMO)
- Tocilizumab
- Others
On the basis of type, the market is segmented into mechanical ventilation, corticosteroids, antiviral medication, extracorporeal membrane oxygenation (ECMO), tocilizumab, and others.
Cause
- Sepsis
- Inhalation of Harmful Substances
- Severe Pneumonia
- Others
On the basis of cause, the market is segmented into sepsis, inhalation of harmful substances, severe pneumonia, and others.
Route of Administration
- Oral
- Parentral
- Others
On the basis of route of administration, the market is segmented into oral, parenteral, and others.
End User
- Hospitals
- Home Healthcare
- Specialty Clinics
- Others
On the basis of end user, the market is segmented into hospitals, specialty clinics, home healthcare, and others.
Distribution Channel
- Direct Tender
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
On the basis of distribution channel, the market is segmented into direct tender, hospital pharmacy, retail pharmacy, and online pharmacy.
Regional Analysis/Insights: Acute Respiratory Distress Syndrome (ARDS) Treatment Market
The global acute respiratory distress syndrome (ARDS) treatment market is analyzed, and market size insights and trends are provided by country, type, cause, route of administration, end user, and distribution channel, as referenced above.
The countries covered in this global acute respiratory distress syndrome (ARDS) treatment market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Turkey, Belgium, Netherlands, Switzerland, Rest of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Kuwait, Israel, and Rest of Middle East and Africa.
The U.S. is expected to dominate the North America region with the largest market share due to growing awareness and screening and rising healthcare expenditure. Germany is expected to dominate the Europe region due to the rising prevalence of acute respiratory distress syndrome and the penetration of new technological advancements. Japan is expected to dominate the Asia-Pacific region due to rising R&D activities and patient inclination towards personalized treatment.
The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Acute Respiratory Distress Syndrome (ARDS) Treatment Market Competitive Landscape and Share Analysis
The global acute respiratory distress syndrome (ARDS) treatment market competitive landscape provides details of the competitor. Details included are company overview, company financials, revenue generated, market potential, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the market.
Some of the major market players operating in the global acute respiratory distress syndrome (ARDS) treatment market are Gilead Sciences, Inc., Terumo Medical Corporation, Getting, LivaNova PLC. Medtronic, ResMed, Fisher & Paykel Healthcare Limited, Drägerwerk AG & Co. KGaA, NIPRO, Fresenius SE & Co. KGaA, Hamilton Medical, Pfizer Inc., WEINMANN Emergency Medical Technology GmbH + Co. KG, EUROSETS, Armstrong Medical, nice Neotech Medical Systems Pvt. Ltd., and Besmed Health Business Corp., among others.
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