Nasal Pillow Mask Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025
Report ID: GMI3889
Nasal pillow mask market size is expected to grow significantly from 2019 to 2025.
Nasal pillow mask market growth is primarily driven by growing prevalence of respiratory diseases worldwide. According to World Health Organization, acute lower respiratory tract infections are among the top three causes of mortality and disability among adults as well as children. Environmental changes, increasing pollution and other lifestyle factors will trigger the risk of respiratory diseases, thereby surging demand for nasal pillow masks.
Moreover, advent of technology in therapeutic respiratory devices will serve to be positive impact rendering factor in the nasal pillow mask business growth. Companies are investing rigorously in R&D activities for developing advanced and innovative products. For instance, Rio nasal pillow CPAP mask introduced by is a simple, lightweight and comfortable CPAP mask, with one piece cushion construction that offers ease for cushion replacement. Availability of such advanced products will favor business growth. However, high product cost and stringent government regulations may detain nasal pillow mask industry growth over the forecast period.
Nasal pillows nasal pillow mask market size is estimated to witness robust growth over the analysis timeline. Technological advancement in nasal pillow masks is the key factor driving segment growth. Availability of innovative products such as AirFit P10 nasal pillow mask developed by ResMed, a lighter and quieter mask used in sleep apnea therapy will boost the segment growth.
Hospitals segment accounted for considerable revenue in 2018 and is anticipated to witness substantial growth over the forecast period. Segment growth is attributable to rising incidence of respiratory diseases and sleep apnea in developed as well as developing countries. Increasing patient preference towards hospitals settings for disease treatment will surge the number of hospital admissions thereby augmenting nasal pillow mask market growth.
Online stores held significant market share in 2018 and is projected to show similar growth during the forecast period. Shift from retail pharmacies to online stores owing to discounted prices and increasing patient demand for nasal pillow masks for various therapies will drive the segment growth.
North America nasal pillow mask market size held momentous revenue in 2018 and will witness similar growth over the analysis period. Rising prevalence of sleep apnea and other respiratory diseases in the region will drive North America nasal pillow mask industry growth. Strong foothold of key industry players in the region and awareness regarding advanced products will augemnt regional business growth.
Some of the notable players operating in nasal pillow mask market share include 3B Medical, AEIOMed, Apex Medical, ResMed, Fisher & Paykel, CPAPPRO, Lifesource, Philips Respironics, and InnoMed Technologies. Industry players mainly focus on novel product launch and strategic alliances including acquisitions and mergers to capitalize on market opportunities and gain more revenue.
Nasal Pillow Mask Market By Product, 2014-2025 (USD Million)
- Nasal pillows
- Nasal cushions
Nasal Pillow Mask Market By End-use, 2014-2025 (USD Million)
- Homecare settings
Nasal Pillow Mask Market By Distribution Channel, 2014-2025 (USD Million)
- Online stores
- Direct distributors
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- 3B Medical
- Apex Medical
- Fisher & Paykel
- Philips Respironics
- InnoMed Technologies
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