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Airway Clearance Devices Market Trends

  • Report ID: GMI5820
  • Published Date: Aug 2023
  • Report Format: PDF

Airway Clearance Devices Market Trends

The increasing prevalence of multiple respiratory conditions such as cystic fibrosis, neuromuscular, bronchiectasis, immotile cilia syndrome, etc. is expected to drive the market growth. This surge in respiratory conditions has created a strong demand for effective management and treatment options, including airway clearance devices. As per the Global Burden of Disease Study, in 2018, respiratory diseases were ranked the third leading cause of death globally, accounting for 10.8% of all deaths. The WHO estimates also state that the COPD, in particular, affects approximately 384 million people worldwide, as of 2021. This increasing prevalence of respiratory conditions is set to drive the adoption of airway clearance devices.

 

The growing prevalence of respiratory disorders, coupled with increasing awareness, diagnosis rates, and the emphasis on personalized care, has fueled the demand for airway clearance devices. The global market is projected to experience substantial growth in the coming years. Businesses operating in this sector have an opportunity to meet the needs of a growing patient population by offering innovative, user-friendly, and homecare-compatible airway clearance devices. By addressing the rising demand for respiratory care, businesses in the market can contribute to improved patient outcomes and enhanced quality of life for individuals living with respiratory disorders.

Authors: Mariam Faizullabhoy , Shishanka Wangnoo

Frequently Asked Questions (FAQ) :

The global airway clearance devices industry was worth around USD 605 million in 2022 and is estimated to reach over USD 1 Billion by the end of 2032 owing to the increasing prevalence of respiratory disorders.

The cystic fibrosis segment is set to grow at a 5.4% CAGR from 2023-2032 attributed to the rising prevalence & incidence rates associated with this condition.

The U.S. held a majority revenue share in 2022 in the North America market and is foreseen to reach over USD 288 million by 2032 owing to the growing awareness about airway clearance devices and supportive legislative policies in the country.

Hill-Rom Holdings, Inc., Koninklijke Philips N.V., International Biophysical Corporation, Pari Medical Holding GmbH, Dymedso Inc., Vitalograph Ltd., Med Systems, Inc Vyaire Medical, Inc., Smiths Medical, Inc., and Fisher & Paykel Healthcare Limited among others.

Airway Clearance Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 277
  • Countries covered: 30
  • Pages: 170
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