The Global Airway Clearance System Market size is expected to reach $774.7 Million by 2025, rising at a market growth of 4.62% CAGR during the forecast period. Airway clearance comprises of various types of treatment that help people suffering from diseases like cystic fibrosis maintain a healthy lifestyle. ACTs (Airway Clearance Techniques) are physical or mechanical methods to simplify the elimination of tracheobronchial phlegm by external or internal airflow control and phlegm removal through coughing. These products release the thick, sticky mucus of the lung so that coughing can clear it. Clearing the mucus from the airways helps to reduce diseases in the lungs and improve lung function. These airway clearance systems are used to treat various conditions such as emphysema, cystic fibrosis, neuromuscular, bronchiectasis, and others.
Global Airway Clearance System Market Size
The surge in the prevalence of cystic fibrosis, asthma, chronic obstructive pulmonary disease (COPD) worldwide is the major factor driving market growth for the airway clearance system. The major drivers of market growth include increasing concerns regarding respiratory disorders, such as asthma and emphysema, and the rising occurrence of respiratory diseases induced by cigarette use. Airway clearance systems market growth is set to soar as a result of increased healthcare spending, increasing use of technology in the healthcare industry, and rapid adoption of advanced medical solutions.
Generally, most healthcare professionals and pulmonary disease specialists favor a combination of a drug and tool, e.g. inhaler and nebulizer, because of its fast and efficient outcome. Nevertheless, the market growth of the airway clearance system may be hampered by high costs associated with airway clearance systems and side effects induced by excessive dose and lack of knowledge of drug inhalation.
Airway Clearance System Market Share
With the sudden break of Covid-19 in late months of year 2019, the markets worldwide are unfortunately experiencing its grip. The suppliers and consumers of the products & Services are affected in a big way across the sectors resulting in declining revenues in last quarters of year 2019.
Based on Type, the market is segmented into Positive Expiratory Pressure (PEP), Mechanical Cough Assist, High Frequency Chest Wall Oscillation (HFCWO), Oscillating PEP devices and Intrapulmonary Percussive Ventilators. Based on Application, the market is segmented into Cystic Fibrosis, Neuromuscular, Bronchiectasis, Emphysema and Other Applications. Based on End Use, the market is segmented into Home Care Settings, Ambulatory Surgical Centers, Hospitals & Clinics and Other End Use. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
Free Valuable Insights: Global Airway Clearance System Market to reach a market size of $774.7 million by 2025
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Allergan PLC, Electromed, Inc., Hill-Rom Holdings, Inc., General Physiotherapy, Inc., Thayer Medical Corporation, Vortran Medical Technology, Inc., Monaghan Medical Corporation, PARI GmbH (PARI Medical Holdings), and International Biophysics Corporation.
Market Segmentation:
By Type
By Application
By End Use
By Geography
Companies Profiled
The airway clearance system market is projected to reach USD 774.7 million by 2025.
The major factors that are anticipated to drive the airway clearance systems demand during the coronavirus pandemic and increasing prevalence of Lung diseases such as COPD, Cystic fibrosis.
The top market players are Koninklijke Philips N.V., Allergan PLC, Electromed, Inc., Hill-Rom Holdings, Inc., General Physiotherapy, Inc., Thayer Medical Corporation, Vortran Medical Technology, Inc., Monaghan Medical Corporation, PARI GmbH (PARI Medical Holdings), and International Biophysics Corporation.
The expected CAGR of airway clearance system market is 4.62% from 2019 to 2025.
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