Airway Clearance System Market 2023 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: LS231206 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of the airway clearance system market was estimated at USD 665.1 million in 2022, and a CAGR of 6.2% is expected during the forecast period. Some very common airway clearance systems are huffing and coughing, high-frequency chest wall oscillation therapy, and manual chest physiotherapy. The increase in healthcare expenditure and the use of automation in the healthcare industry are driving the growth of the airway clearance system market. Rapid adoption of advanced medical solutions is propelling the growth of the airway clearance system market. Most healthcare practitioners and pulmonary disease specialists use a combination of drugs and devices like inhalers and nebulizers. Increasing concern about respiratory diseases like asthma is driving the growth of the market.
Impact
of Covid-19
The COVID-19 pandemic has influenced the airway clearance
system market significantly. Due to the virus’s respiratory nature, there was a
heightened focus on respiratory care, leading to increased demand for airway
clearance devices. Hospitals and healthcare facilities saw a surge in the need
for these systems to aid in managing respiratory complications among COVID-19
patients, driving market growth. Additionally, innovations and advancements in
these devices to cater to varied patient needs also became a focal point during
this time. COVID-19 usually affects the lungs of patients, and this market is
also related to respiratory systems. So COVID-19 overall had a positive impact
on the market.
Growth
Drivers
Increasing incidences of respiratory diseases such as
chronic obstructive pulmonary diseases, cystic fibrosis, and bronchiectasis
among both adults and children drive the demand for airway clearance systems.
Ongoing research and technological innovations in airway clearance devices,
leading to the development of more effective, portable, and user-friendly
systems, contribute to market growth. The aging population worldwide is more
prone to respiratory disorders, thereby increasing the need for airway
clearance systems. Greater awareness about respiratory health, coupled with
higher healthcare spending globally, is driving the growth of the market
significantly. Growing exposure to air pollution in North America and the
Asia-Pacific region is driving the growth of the market. Exposure to tobacco
smoke is propelling the growth of the market. The increasing prevalence of
genetic diseases is driving the growth of the market.
Increasing disposable income and inclination towards tobacco and cigarettes are driving the growth of the market. Rapidly growing industrialization is driving the growth of the market significantly. Workers in these industries are suffering from asthma and several other breathing problems, and they are adding fuel to the growth of the market.
Segmentation
Type
·
Positive Expiratory Pressure
·
High Frequency Chest wall Oscillation
·
Oscillating Pep Devices
·
Intrapulmonary percussive ventilators
·
Mechanical Cough Assist
Application
·
Chronic Obstructive Pulmonary Diseases
·
Cystic Fibrosis
·
Bronchiectasis
·
Neuromuscular
·
Others
End-Users
·
Hospitals
·
Homecare settings
·
Others
Regional
Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Europe
·
Middle East, and Africa
Airway
clearance system Market Type Segmentation
On the basis of the type, the airway clearance system market
is segmented into Positive Expiratory Pressure, High Frequency Chest wall Oscillation,
Oscillating PEP Devices, Intrapulmonary
percussive ventilators, Mechanical Cough
Assist. Oscillation PEP devices segment is leading the market, and is expected
to lead during the forecast period. It is the most commonly used way for Airway
clearance systems in order to treat the cystic fibrosis. Oscillating PEP
devices segment is anticipated to grow at the fastest rate during the forecast
period.
Airway
clearance System Market Application Type Segmentation
On the basis of applications, the airway clearance system
market is segmented into Chronic Obstructive Pulmonary Diseases, Cystic
Fibrosis, Bronchiectasis, Neuromuscular, and others. Bronchiectasis is the
leading segment, and is expected to lead the market during the forecast period.
This is due to the surge in incidence of diseases across the globe. For example,
according to British lung foundation, approx 210,000 people in U.K. we’re
living with bronchiectasis. In Japan according to WHO currently more than 270
million people are suffering from asthma worldwide. Increasing Asthma patients
worldwide is driving the growth of the airway clearance system market.
Airway
Clearance System Market End-User Segmentation
On the basis of end-users, the airway clearance market is
segmented into hospitals, homecare settings, and others. Hospitals are the
leading segment, and is expected to remain the same during the forecast period.
Regional
Outlook
On the basis of regions, the airway clearance system market is segmented into 5 parts: Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America, including countries like the U.S.A. and Canada, is leading the market due to the collective efforts of key players over there to ensure high quality standards. Further factors, such as increasing use of tobacco and cigarettes and increasing air pollution, are driving the growth of the market significantly. Regions robust healthcare infrastructure and advanced medical technology are driving the growth of the market. Higher awareness about the respiratory system, increased healthcare spending, and a large patient pool suffering from chronic respiratory diseases in North America play key roles in driving the demand for and adoption of airway clearance systems.
The growing geriatric population and well-established
healthcare system in Europe are driving the growth of this market. Geriatric
people are prone to respiratory diseases. The airway clearance system market in
Europe involves various technologies and devices like positive expiratory
pressure machines and high-frequency chest wall oscillation devices. This
market is continually evolving with technological advancements in the region.
The Asia-Pacific region is showing a growing demand for respiratory care
devices due to increasing cases of respiratory disorders and a larger aging
population. Similar to Europe, the market encompasses various technologies and
devices aimed at aiding individuals with conditions like cystic fibrosis, COPD,
and other respiratory issues to enhance their lung function and their quality
of life.
Key
Players
·
Tactile Medical
·
Thayer Medical
·
Electromed INC
·
Mercury Medical
·
Med System INC
·
Dymedso INC
·
Monaghan Medical Corporation
·
Pari Medical Holding GmbH
·
Vortran Medical Technology 1 INC
·
Hill Rom Holdings, INC
· Other Players
Global Airway Clearance System Market research report
presents a strategic analysis of the global Airway Clearance System Market and
a forecast for its development in the medium term, taking into account the
impact of COVID-19 on it.
This report delivers market size, regional and country
market data, segmentation growth, market share, competitive landscape,
company’s Airway Clearance System revenue analysis, strategies of domestic and
global market players, opportunities analysis, strategic market growth
analysis, and technological innovations. It analyses historical and current
market data to accurately gauge its future growth potential. This market report
provides in-depth analysis and insight of market drivers, challenges, trends
& opportunities. At the same time, comprehensive coverage of major vendors
(recent product development & industrial activities, company overview,
insights on business strategy & financial performance, company SWOT
analysis) is provided to give competitive overview. This study presents most
detailed (COVID-19 updated) and in-depth analysis about the global Airway
Clearance System market, covering all global regions and countries. The report
provides intricate dynamics for each of the countries covered, offering unmatched
value, accuracy and expert insights.
Report
Purpose
The purpose of the report is to portray the state of the
global Airway Clearance System Market and to present real and expert-verified
data and insights about the market values, volumes, dynamics, segmentation and
prices. It also offers forecast for the market development in the short and
medium term and the impact COVID-19 has and will have on it. Further, it covers
in-depth analysis of the key market players, industry trends and insights,
growth drivers and challenges and all other factors, influencing the growth of
market.
Scope
of the Report
The
report on the global Airway Clearance System Market presents:
·
Historical Data: Market data including
volume, growth rate, value, and dynamics; Market segmentation (by product, by
region and by country; etc.) for the last five years;
·
Strategic Insights for companies
looking to launch new products to diversify their business, exploring leading
countries to establish supply chain, and top countries to increase company export
and go global
·
Comprehensive Regional Market Data:
volume, growth rate, value, market share and dynamics of for the last five
years (broken down by region);
·
Market Dynamics: Analysis of the
factors impacting the market including demand drivers, industry trends and
challenges and the short and the medium-term impact of COVID-19 presently and
in near future;
·
Analysis and forecast for the global
economy and demographics;
·
Supply chain and value chain analysis,
risk analysis of supply side and demand side;
·
Market Forecast for next ten years
(market share, year-on-year growth, volume, value and segmentation by region);
·
Company profiling of key market players
covering company’s Airway Clearance System revenue, sales and market share;
·
Comprehensive coverage of competitive
landscape offering market positioning and snapshot of key business strategies;
·
Porter’s Five Forces analysis;
How Can
You Benefit from This Report?
In this
report you can:
·
Track and identify key market trends
and insights and key drivers behind recent market changes and see the impact
COVID-19 has and will have on the market in both the short and the medium term;
·
Get access to reliable and verified
market data, with which aids you to make confident business decisions;
·
Analysis of market numbers, such as
volume, value, forecasts, dynamics, segmentation and market structure – past,
present and future;
·
Gain competitive intelligence about the
market at low cost as compared to other reports;
·
Understand growth potential countries
and regions, opportunities, growth drivers and barriers on the market;
·
Own data spreadsheet for comparison at
global, regional and for individual country, covered in the report;
·
Analyse countries with highest and
lowest demand for Airway Clearance System and countries in each region which
will grow at highest growth in next five years.
·
Strategically plan business strategy
based on verified market data and expert insights;
·
Identify revenue generation
opportunities in the countries and regions within the market;
·
Get market trend data of last 10 years
and how market growth will unfold in next ten years;
·
Market share analysis and positioning
of leading market players;
·
Get an assessment of competitive
intensity, fragmentation and environment and understand competitive threats;
·
Get hands on data your competitors
might already have and be acting upon;
·
Assess your position on the market,
choose a new product line market to enter or get to know a completely new
market;
·
Save money, time and resources by not
purchasing/collecting data and compiling them by yourself;
·
Extensive analysis of all required
market data in one place;
·
Empower your marketing, branding,
strategy, product and business development, consumption and supply functions
with valuable market insights;
·
Assess market attractiveness and BPS
analysis for region and country and strategies business activities;
·
Develop your own market entry or market
expansion strategy or validate your current strategy;
·
Get easy to read, perceive and
understand report.
What
Kind of Decisions You Can Make Based on the Data in This Report?
This
report detailed and all-inclusive data on Airway Clearance System Market,
providing valuable support to make vital decisions regarding:
·
Strategic planning;
·
Industry analysis;
·
Target Market/Marketing and sales;
·
Regional and country assessment and
opportunity analysis;
·
Market entry into new product group or
country;
·
Pricing of existing and new products;
·
New product development and Innovation
in existing products;
·
Supply chain management;
·
Market evaluation;
·
Mergers, Expansions, Joint Ventures and
acquisitions.
Who Is
This Report for?
This
report is intended to give broad overview of market to people who already are
working on this market:
·
C-suite Level executives;
·
Directors;
·
Industry strategists;
·
Marketing professionals;
·
Business development professionals;
·
Product developers;
·
Product marketers and strategists;
·
Product managers;
·
Project managers;
·
Suppliers;
· Traders;
This
report also caters to people who are not involved in the market,
representatives of investors, consultants, advisors and financial institutions:
·
Management consultants;
·
Investment managers;
·
Financial professionals;
· M&A managers.
Regional
Coverage
The report on the global Airway Clearance System Market
breaks down the world into the following regions & countries and covers
every single one of them:
Report
Customization
If the report as is does not serve your market research needs, get it customized at free of cost, as per your own specific requirements. Feel free to contact us for more information!