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Airway Clearance Devices Market Share

Report ID: GMI5820
Published Date: Aug 2024
Report Format: PDF

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Airway Clearance Devices Market Share

The airway clearance devices industry is consolidated in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel devices with improved efficiency and cost-effectiveness are key market strategies for medical device manufacturers, driving competition and innovation in the airway clearance devices industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for advanced airway clearance devices.

Airway Clearance Devices Market Companies

Some of the eminent market participants operating in the airway clearance devices industry include:

ABM Respiratory Care
Dymedso Inc.
Electromed Inc.
Hill-Rom Holdings, Inc./Baxter International
ICU Medical
Koninklijke Philips N.V.
Mercury Medical
Monaghan Medical Corporation
Pari Medical Holding GmbH
Pneumo Care Health Private Limited.
Tactile Medical
Thayer Medical
VORTRAN Medical Technology 1 Inc.
Vyaire Medical, Inc.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global airway clearance devices industry was valued at around USD 646.2 million in 2023 and is expected to reach over USD 1 billion by 2032, owing to growing patient volume suffering from respiratory related disorders such as chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis, and others.

The oscillatory positive expiratory pressure (OPEP) segment of market is projected to record a 5.5% CAGR through 2032, as they effectively combine positive expiratory pressure with oscillations to mobilize and clear mucus from the airways.

North America airway clearance devices market accounted for USD 255.6 million in 2023 and is predicted to witness substantial growth through 2032, due to high level of healthcare expenditure, and increased awareness among patients about the importance of managing respiratory conditions.

Electromed Inc., Hill-Rom Holdings, Inc./Baxter International, ICU Medical, Koninklijke Philips N.V., Mercury Medical, Monaghan Medical Corporation, Pari Medical Holding GmbH, Pneumo Care, Health Private Limited, and Tactile Medical among others.