A study by Triton Market Research with the title ‘Global Airway Clearance System Market,’ covers the Global Analysis and Forecast for 2019-2028 by Type (Intrapulmonary Percussive Ventilators, Oscillating PEP Devices, Positive Expiratory Pressure, High-Frequency Chest Wall Oscillation, Mechanical Cough Assist), Application (Bronchiectasis, Emphysema, Neuromuscular, Cystic Fibrosis, Other Applications), By End-user (Ambulatory Surgical Centers, Hospitals & Clinics, Homecare Settings), and by Geographical Region (Europe, Middle East and Africa, North America, Asia-Pacific, Latin America).
An airway clearance system is a mechanical technique used to clear up excess sputum from the patient’s airway. It is used in the treatment of emphysema, neuromuscular, cystic fibrosis and bronchiectasis.
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According to the report, the global airway clearance system market will gain $980.5 million by the year 2028, increasing with a CAGR of 4.23% in the projected years between 2019 and 2028. There is a significant increase in the incidence of cystic fibrosis, which is primarily driving the global airway clearance system market growth. In addition, the coronavirus outbreak has also led to an increased population suffering from respiratory problems. This factor is likely to fuel the demand for the studied market. However, expensive treatment procedures and the lack of availability are hampering the growth of the global clearance system market.
The airway clearance system market is primarily segmented into type, application and end-user. The first segment, type, includes intrapulmonary percussive ventilators, oscillating PEP devices, positive expiratory pressure, high-frequency chest wall oscillation, and mechanical cough assist. The second segment, application, divides into bronchiectasis, emphysema, neuromuscular, cystic fibrosis, and other applications. The last segment, end-user, is sub-segmented into ambulatory surgical centers, hospitals & clinics and homecare settings.
As per the regional landscape, North America is set to be the largest airway clearance system market in the projected period. There is an alarming increase in the cases of cystic fibrosis, COPD (chronic obstructive pulmonary disease) and asthma in countries like Canada and the US. Hence, there is a growing need for airway clearance systems in the region, and, in turn, the market is likely to witness tremendous growth. Moreover, the increasing geriatric population, which is more prone to these respiratory diseases, is also aiding the regional market growth in the forthcoming years.
Major companies in the airway clearance system market are Olympus Corporation, Medtronic, Monaghan Medical Corporation, Thayer Medical, Dymedso, International Biophysical Corporation, General Physiotherapy Inc, Med Systems Inc, Pari GmbH, Electromed Inc, Koninklijke Philips NV, Allergan, Hill-Rom Services Inc and Agilent Technologies Inc.
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Question & Answer: Airway Clearance System Market
Question 1: Which factors are primarily driving the global airway clearance system market growth?
Answer: There is a significant increase in the incidence of cystic fibrosis, which is primarily driving the global airway clearance system market growth. In addition, the coronavirus outbreak has also led to an increased population suffering from respiratory problems. This factor is likely to fuel the demand for the studied market.
Question 2: What factors are hampering the growth of the global airway clearance system market?
Answer: Expensive treatment procedure and the lack of availability are hampering the growth of the global clearance system market.
Question 3: How is North America influencing the airway clearance system market outlook?
Answer: As per the regional landscape, North America is set to be the largest airway clearance system market in the projected period. There is an alarming increase in the cases of cystic fibrosis, COPD (chronic obstructive pulmonary disease) and asthma in countries like Canada and the US. Hence, there is a growing need for airway clearance systems in the region, and, in turn, the market is likely to witness tremendous growth. Moreover, the increasing geriatric population, which is more prone to these respiratory diseases, is also aiding the regional market growth in the forthcoming years.
Question 4: Which are some of the major companies in the airway clearance system market report?
Answer: Major companies in the airway clearance system market are Olympus Corporation, Medtronic, Monaghan Medical Corporation, Thayer Medical, Dymedso, International Biophysical Corporation, General Physiotherapy Inc, Med Systems Inc, Pari GmbH, Electromed Inc, Koninklijke Philips NV, Allergan, Hill-Rom Services Inc and Agilent Technologies Inc.
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Global Allergy Diagnostic and Treatment Market
The Global Allergy Diagnostic and Treatment Market is anticipated to grow at $47.71 billion by 2027, with a CAGR of 5.27% during the projected period 2019-2027.
There is an increase in the prevalence of different types of allergies across the world. The most common of these are allergic rhinitis, insect allergy, food allergy, skin allergy, drug allergy and general allergy. The rising occurrence of allergic diseases is likely to boost the allergy diagnostic and treatment market.
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Several governmental organizations are launching various programs in order to create awareness among the people regarding allergy and its aspects. For instance, the World Allergy Organization (WAO) is implementing different programs to spread awareness about better healthcare options for allergic rhinitis patients.
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