U.S.: Respiration Apparatus Market 2024

Respiration Apparatus Market Size in the U.S.

For the fifth consecutive year, the U.S. respiration apparatus market recorded growth in sales value, which increased by 8.1% to $X in 2021. Overall, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.2% 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 +97.4% against 2016 indices. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in years to come.

Respiration Apparatus Production in the U.S.

In value terms, respiration apparatus production surged to $X in 2021. Overall, production, however, showed a deep reduction. The growth pace was the most rapid in 2019 when the production volume increased by 82%. Respiration apparatus production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Respiration Apparatus Exports

Exports from the U.S.

After two years of growth, shipments abroad of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus decreased by -13.2% to X tons in 2021. Over the period under review, total exports indicated a pronounced increase from 2012 to 2021: its volume increased at an average annual rate of +3.5% 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 +92.0% against 2015 indices. The growth pace was the most rapid in 2020 with an increase of 41%. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, respiration apparatus exports shrank significantly to $X in 2021. Overall, total exports indicated a measured expansion from 2012 to 2021: its value increased at an average annual rate of +2.8% 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 pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports reached the peak of $X, and then fell markedly in the following year.

Exports by Country

Canada (X tons) was the main destination for respiration apparatus exports from the United States, accounting for a 36% share of total exports. Moreover, respiration apparatus exports to Canada exceeded the volume sent to the second major destination, Mexico (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 7.7% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at +15.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+19.0% per year) and Germany (+0.3% per year).

In value terms, the largest markets for respiration apparatus exported from the United States were Canada ($X), Germany ($X) and the Netherlands ($X), together accounting for 35% of total exports. India, China, Mexico, France, the UK, Thailand, Singapore, Costa Rica, Egypt and the United Arab Emirates lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Costa Rica, with a CAGR of +25.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average respiration apparatus export price stood at $X per ton in 2021, dropping by -2.3% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to the United Arab Emirates ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to India (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

Respiration Apparatus Imports

Imports into the U.S.

For the third consecutive year, the United States recorded growth in overseas purchases of ozone therapy, oxygen therapy, aerosol therapy, respiration apparatus, which increased by 8.9% to X tons in 2021. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 36%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the immediate term.

In value terms, respiration apparatus imports fell to $X in 2021. In general, total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +7.5% 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 +91.1% against 2012 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 26%. As a result, imports reached the peak of $X, and then reduced in the following year.

Imports by Country

China (X tons), Mexico (X tons) and Singapore (X tons) were the main suppliers of respiration apparatus imports to the United States, with a combined 71% share of total imports. These countries were followed by Australia, Malaysia, Costa Rica, New Zealand, Germany and Ireland, which together accounted for a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Costa Rica (with a CAGR of +126.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest respiration apparatus suppliers to the United States were Singapore ($X), China ($X) and Mexico ($X), with a combined 61% share of total imports. These countries were followed by Australia, New Zealand, Ireland, Germany, Malaysia and Costa Rica, which together accounted for a further 26%.

Costa Rica, with a CAGR of +106.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average respiration apparatus import price stood at $X per ton in 2021, falling by -14.2% against the previous year. In general, the import price saw a pronounced reduction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 7.4% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Ireland ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :