Global Airway Clearance Device Market Potential Growth, Share, Demand And Analysis Of Key Players- Research Forecasts To 2025

2018-03-23 10:45:56

According to a new report published by Reports Monitor titled, “Airway Clearance Device Market by type, by product, by application and by end user: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the airway clearance device market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the airway clearance device market, in terms of value, and is expected to maintain this trend throughout the forecast period. 

Availability of innovative and patient compliance devices are helping patient in adaptation of them in case of chronic obstructive pulmonary diseases. 

Low cost associated with use of devices is responsible for their wide use over conventional method this also helps penetrating in developing countries resulting in growth of the market. 

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Advantages such as low cost and patient compliance are driving the growth of the airway clearance devices market.

Limited data available for efficiency of devices can inhibit growth of the market.

Key Finding

• Supraglottic is expected to grow at higher rate owing higher benefits over other products.

• Anaesthesia hold higher market share as increased use of this in surgical operative procedure.

• Hospitals accounted for higher share in end user segment due to high patient turnaround.

• North America dominates the airway clearance devices market owing acceptance of devices by patients and developed healthcare infrastructure. 

The major companies profiled in the report include Mercury Medical, Philips, Electromed, Inc, Respiratory Technologies Inc, Hill-Rom Respiratory Care Corporate, Aetna, International Biophysics Corporation, Smiths-medical, Vortran Medical Technology, Medtronic, Teleflex.

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