Airway Clearance System Market to reach a market size of $774.7 Million by 2025 - KBV Research


Posted May 8, 2020 by kbv_research

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.

 
According to a new report Global Airway Clearance System Market, published by KBV research, The Global Airway Clearance System Market size is expected to reach $774.7 billion by 2025, rising at a market growth of 4.62% CAGR during the forecast period. Favorable insurance coverage provided for the use of airway clearance systems in these respiratory diseases by governments and private companies, particularly in the developed economies, is expected to provide lucrative growth opportunities for the market.

Home healthcare facilities hold the largest market share in 2018 and are expected to continue to dominate over the projected period. Home health care environments strive to help people recover quicker and live more independently. Home care settings have been the largest end-user of 2018 airway clearance devices. The demand for fast, comfort-free, cost-effective diagnosis and treatment is the segment's primary growth drivers.

Cystic Fibrosis held the dominant market share in revenue in 2018, due to the disease's growing prevalence. Adoption of airway clearance devices to treat cystic fibrosis, neuromuscular, bronchiectasis is expected to drive the growth of the market. These devices help with the expansion of the lung and clear the accumulation of excess mucus thereby allowing the patient to breathe properly.

Flutter mucus clearance apparatus held the dominant market share of airway clearance systems in 2018 and is projected to be the fastest-growing segment over the forecast period. These tools are used to clean out unnecessary secretions in cystic fibrosis, bronchiectasis, bronchitis, and other diseases associated with unnecessary mucous formation. Flutter mucus clearance is a US FDA regulated Class II device.

The North America market dominated the Global Airway Clearance Systems Market by Region in 2018. On the other hand, due to continuous technological advances coupled with an increasing market penetration of key players and expansion of their distribution networks, Asia Pacific is expected to show the fastest growth over the projected period.

Structural Insights: https://www.kbvresearch.com/airway-clearance-system-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.

Global Airway Clearance System Market Segmentation

By Type

Positive Expiratory Pressure (PEP)
Mechanical Cough Assist
High Frequency Chest Wall Oscillation (HFCWO)
Oscillating PEP devices and
Intrapulmonary Percussive Ventilators
By Application

Cystic Fibrosis
Neuromuscular
Bronchiectasis
Emphysema and
Other Applications
By End Use

Home Care Settings
Ambulatory Surgical Centers
Hospitals & Clinics and
Other End Use
By Geography

North America

US
Canada
Mexico
Rest of North America
Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe
Asia Pacific

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific
LAMEA

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA
Companies Profiled

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)
International Biophysics Corporation
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Tags airway clearance system market , airway clearance system market analysis , airway clearance system market share , airway clearance system market size , kbv research
Last Updated May 8, 2020