Services
Report Store
Market Insights
Our Blogs
Connect with Us

Buy Now

Acute Lung Injury Market

Pages: 120 | Base Year: 2023 | Release: July 2024 | Author: Ashim L.

Acute Lung Injury Market Size

The global Acute Lung Injury Market size was valued at USD 1,272.7 million in 2023 and is projected to grow from USD 1,308.6 million in 2024 to USD 1,634.9 million by 2031, exhibiting a CAGR of 3.23% during the forecast period. Advances in medical technology, increasing prevalence of respiratory diseases, aging populations, rising healthcare expenditures, and a robust pipeline of new therapies are key factors driving the expansion of the market.

In the scope of work, the report includes solutions and services offered by companies such as Apollo Hospitals Group, Aster Hospitals, Inc., Cleveland Clinic, Helios Kliniken GmbH, Icahn School of Medicine at Mount Sinai, Mayo Foundation for Medical, Education and Research, NHS Foundation Trust, The Johns Hopkins University, The State of Queensland (Metro North Health), The University of Tokyo Hospital, and others.

Advances in medical technology and the increasing prevalence of respiratory diseases such as chronic obstructive pulmonary disease (COPD) and pneumonia significantly contribute to market growth. The aging global population, with its higher susceptibility to lung-related conditions, further fuels demand. Additionally, increasing awareness reagrding acute lung injury and improved diagnostic capabilities enhance early detection and treatment, thereby boosting market growth.

Furthermore, rising healthcare expenditures and favorable government initiatives to improve healthcare infrastructure support market expansion. The development of novel therapies and a robust pipeline of drugs that target acute lung injury further contribute to the growth trajectory of the market.

  • According to the UK Health and Safety Executive's Labour Force Survey for 2022-23, around 12,000 annual deaths were linked to past work exposures. Additionally, approximately 1.8 million workers experienced work-related ill health during this period.

The acute lung injury market is characterized by a growing demand for effective treatments and therapies. As respiratory conditions become more prevalent worldwide, the need for advanced medical interventions has risen notably. Companies are investing heavily in research and development to introduce innovative solutions to the market.

North America holds a significant share due to its advanced healthcare infrastructure and high incidence of respiratory diseases. Asia-Pacific is emerging as a lucrative market, propelled by increasing healthcare spending and a growing awareness of lung health.

Acute lung injury (ALI) is a condition characterized by the rapid onset of widespread inflammation in the lungs. It can result from various underlying causes such as infections, trauma, or inhalation of harmful substances. ALI leads to severe respiratory distress and reduced oxygenation, highlighting the need for immediate medical intervention.

The market for acute lung injury encompasses treatments aimed at managing and mitigating the symptoms and underlying causes of the condition. This includes pharmacological therapies such as corticosteroids and anti-inflammatory drugs, mechanical ventilation support, and emerging biologic treatments. The goal is to improve patient outcomes by reducing lung damage, enhancing oxygen delivery, and preventing complications associated with acute lung injury.

Acute Lung Injury Market Size, By Revenue, 2024-2031

Analyst’s Review

Manufacturers in the acute lung injury market are making significant strides through continuous innovation and the development of new products. These efforts include the introduction of advanced mechanical ventilators with enhanced features and the development of novel pharmacotherapies aimed at addressing the underlying causes of acute lung injury. Companies are further investing in research and collaborating with healthcare institutions to accelerate the approval and commercialization of effective treatments.

  • In 2023, Cleveland Clinic reported spending USD 383 million on research, which constitute about 3% of their total expenditures.

Manufacturers are advised to focus on cost-effective solutions and to expand access to underserved regions in order to capture a broader market share. Emphasizing personalized medicine and leveraging advancements in diagnostics and minimally invasive procedures is likely to strengthen market positions and improve patient outcomes.

Acute Lung Injury Market Growth Factors

The increasing prevalence of respiratory diseases has a significant impact on the acute lung injury market. Conditions such as COPD, pneumonia, and acute respiratory distress syndrome are becoming increasingly common due to various factors such as pollution, smoking, and aging populations. This rise in respiratory illnesses is continuously fueling the demand for effective treatments and therapies for acute lung injury.

Healthcare providers are investing heavily in advanced diagnostic tools and innovative treatment options to meet this growing need. Moreover, pharmaceutical companies are focusing on developing new drugs and biologics that target the underlying causes and symptoms of acute lung injury, thereby boosting market growth.

A major challenge in the acute lung injury market is the high cost associated with advanced treatments and therapies. A growing number of patients, especially in low-income regions, find it difficult to afford these expensive medical interventions. To overcome this challenge, industry players are increasingly focusing on offering cost-effective solutions and expanding their access to affordable care.

Governments and healthcare organizations are implementing policies to subsidize treatments and improve insurance coverage for patients with acute lung injury. Additionally, companies are investing heavily in research to develop more cost-efficient therapeutic options and are exploring partnerships to reduce production and distribution costs, making treatments more accessible to a broader population.

A prominent trend in the acute lung injury market is the growing adoption of minimally invasive surgeries. These procedures are becoming increasingly popular due to their ability to reduce patient recovery times, minimize complications, and decrease hospital stays. Innovations in medical technology are allowing for more precise and less invasive techniques, which are particularly beneficial for patients with acute lung injury, who are often in critical condition.

Healthcare providers are increasingly receiving training in these advanced surgical methods, which is enhancing both their availability and success rates. The growing shift toward minimally invasive surgeries is significantly improving patient outcomes and contributing to the overall growth of the market.

Advancements in point of care diagnostics are significantly influencing the acute lung injury market. These diagnostic tools facilitated rapid, bedside testing, leading to quicker diagnosis and treatment initiation. The development of portable and easy-to-use devices is enabling healthcare providers to accurately monitor and assess lung function in real-time.

This trend is particularly crucial in emergency settings, where timely intervention can drastically improve patient prognosis. Enhanced diagnostic capabilities are further aiding in the early detection of acute lung injury, thereby enabling more effective management of the condition. Additionally, the continued innovation in point of care diagnostics is playing a pivotal role in shaping the market landscape.

Segmentation Analysis

The global market is segmented based on therapy, end user, and geography.

By Therapy

Based on therapy, the market is categorized into mechanical ventilation, pharmacotherapy, fluid management, and others. The mechanical ventilation segment led the acute lung injury market in 2023, reaching a valuation of USD 581.3 million. This expansion is mainly propelled by the critical role mechanical ventilation plays in managing severe respiratory distress, a common manifestation of acute lung injury. Mechanical ventilation provides necessary respiratory support by improving oxygenation and reducing the the effort required for breathing in patients.

Moreover, advances in ventilator technology, including enhanced monitoring and more precise control over ventilation parameters, are contributing to its widespread adoption. Furthermore, the high incidence of acute respiratory conditions requiring mechanical ventilation in intensive care units underscores the sustained growth of the segment.

By End User

Based on end user, the acute lung injury market is classified into hospitals & clinics, specialty centre, and others. The specialty centre segment is poised to witness significant growth at a CAGR of 4.17% through the forecast period (2024-2031). This growth is largely attributable to the increasing preference for specialized care for complex conditions such as acute lung injury.

Specialty centers offer advanced diagnostic and therapeutic facilities, along with highly skilled medical professionals focused on respiratory care. These centers are equipped with state-of-the-art technology and provide personalized treatment plans, thereby enhancing patient outcomes. Additionally, the rise in awareness of healthcare and the surging demand for high-quality, specialized treatments are propelling the expansion of specialty centers.

Acute Lung Injury Market Regional Analysis

Based on region, the global market is classified into North America, Europe, Asia Pacific, MEA, and Latin America.

Acute Lung Injury Market Size & Share, By Region, 2024-2031

The North America acute lung injury market share stood around 38.45% in 2023 in the global market, with a valuation of USD 489.4 million. This dominance is reinforced by advanced healthcare infrastructure, high healthcare expenditure, and a significant prevalence of respiratory diseases. The region benefits from strong research and development activities, leading to the early adoption of innovative treatments and technologies.

Additionally, robust government support for healthcare initiatives and the presence of key market players contribute to North America's leading position. The availability of specialized healthcare services and increased awareness regarding acute lung injury among healthcare professionals and patients further bolster regional market development.

Asia-Pacific is poised to experience significant growth at a CAGR of 4.14% over the forecast period. This growth is propelled by increasing healthcare investments, improving healthcare infrastructure, and rising awareness regarding respiratory diseases. The region's large and aging population, combined with a growing incidence of lung-related conditions, is fueling the demand for advanced treatments.

Additionally, government initiatives to enhance healthcare access and affordability are contributing to domestic market expansion. The presence of emerging economies with expanding healthcare sectors, along with increased focus on medical research and innovation, are key factors supporting the rapid growth of the Asia-Pacific market.

Competitive Landscape

The global acute lung injury market report will provide valuable insight with an emphasis on the fragmented nature of the industry. Prominent players are focusing on several key business strategies such as partnerships, mergers and acquisitions, product innovations, and joint ventures to expand their product portfolio and increase their market shares across different regions.

Manufacturers are adopting a range of strategic initiatives, including investments in R&D activities, the establishment of new manufacturing facilities, and supply chain optimization, to strengthen their market standing.

List of Key Companies in Acute Lung Injury Market

Key Industry Developments

  • February 2024 (Investment): Mount Sinai’s Department of Rehabilitation and Human Performance received a grant of USD 2.6 millionfrom the PolyBio Research Foundation to support its work on "long COVID," including two clinical trials on antiviral medications and the enzyme lumbrokinase. The grant has enabled the establishment of new clean-air infrastructure at the Cohen Center and facilitated the provision of free medical education globally through online platforms.
  • September 2023 (Expansion): The Short Stay Treatment Area (Emergency Department) at The Prince Charles Hospital underwent an expansion with the addition of six new operational beds to accommodate increasing patient presentations and admissions. This expansion was facilitated by funded from the Department of Health’s Patient Flow Intensive Program Initiative (PFLIP) in order to enhance community support and reduce admission delays.

The global acute lung injury market is segmented as:

By Therapy

  • Mechanical Ventilation
  • Pharmacotherapy
  • Fluid Management
  • Others

By End User

  • Hospitals & Clinics
  • Specialty Centre
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • U.K.
    • Spain
    • Germany
    • Italy
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Middle East & Africa
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
Loading FAQs...