Northern America: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in Northern America

For the fifth consecutive year, the North American respiration apparatus market recorded growth in sales value, which increased by 4.5% to $X in 2021. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +92.4% against 2016 indices. The level of consumption peaked in 2021 and is expected to retain growth in years to come.

Respiration Apparatus Production in Northern America

In value terms, respiration apparatus production skyrocketed to $X in 2021 estimated in export price. In general, production, however, showed a deep setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 1,670% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Respiration Apparatus Exports

Exports in Northern America

After two years of growth, shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -13.8% to X tons in 2021. Overall, exports, however, showed a notable expansion. The growth pace was the most rapid in 2020 when exports increased by 40%. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, respiration apparatus exports declined significantly to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +38.0% against 2015 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 36% against the previous year. As a result, the exports attained the peak of $X, and then contracted notably in the following year.

Exports by Country

The United States prevails in exports structure, finishing at X tons, which was approx. 94% of total exports in 2021. It was distantly followed by Canada (X tons), achieving a 6% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to respiration apparatus exports from the United States stood at +3.5%. At the same time, Canada (+7.5%) displayed positive paces of growth. Moreover, Canada emerged as the fastest-growing exporter exported in Northern America, with a CAGR of +7.5% from 2012-2021. Canada (+1.7 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -1.7% from 2012 to 2021, respectively.

In value terms, the United States ($X) remains the largest respiration apparatus supplier in Northern America, comprising 92% of total exports. The second position in the ranking was taken by Canada ($X), with a 7.9% share of total exports.

In the United States, respiration apparatus exports expanded at an average annual rate of +2.8% over the period from 2012-2021.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2021, which is down by -1.6% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 16%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-0.6%).

Respiration Apparatus Imports

Imports in Northern America

In 2021, respiration apparatus imports in Northern America rose significantly to X tons, with an increase of 6.7% on the year before. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see steady growth in the near future.

In value terms, respiration apparatus imports shrank to $X in 2021. Total imports indicated a resilient expansion from 2012 to 2021: its value increased at an average annual rate of +7.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +88.2% against 2012 indices. The pace of growth was the most pronounced in 2020 when imports increased by 28%. As a result, imports reached the peak of $X, and then dropped in the following year.

Imports by Country

The United States dominates imports structure, finishing at X tons, which was approx. 94% of total imports in 2021. It was distantly followed by Canada (X tons), generating a 6% share of total imports.

The United States was also the fastest-growing in terms of the ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus imports, with a CAGR of +10.9% from 2012 to 2021. At the same time, Canada (+4.6%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +3.8 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus in Northern America, comprising 92% of total imports. The second position in the ranking was held by Canada ($X), with an 8.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in the United States stood at +7.5%.

Import Prices by Country

In 2021, the import price in Northern America amounted to $X per ton, with a decrease of -13% against the previous year. Over the period under review, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2019 an increase of 7.4%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+0.9%).

Source: IndexBox Platform

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