The Global Airway Clearance Systems Market to grow from USD 540.33 Million in 2019 to USD 716.29 Million by 2025, at a Compound Annual Growth Rate (CAGR) of 4.81%.
Market Segmentation & Coverage:
The research report categorizes the Airway Clearance Systems Market to forecast the revenues and analyze the trends in each of the following segments:
"The Positive Expiratory Pressure is projected to witness the highest growth during the forecast period"
Based on Device Type, the Airway Clearance Systems Market studied across Flutter Mucus Clearance Device, High Frequency Chest Wall Oscillation, Intrapulmonary Percussive Ventilation, Oscillatory Positive Expiratory Pressure, and Positive Expiratory Pressure. The Positive Expiratory Pressure commanded the largest size in the Airway Clearance Systems Market in 2019, followed by the Flutter Mucus Clearance Device. On the other hand, the Positive Expiratory Pressure expected to grow at the fastest CAGR during the forecast period, followed by the Intrapulmonary Percussive Ventilation.
"The Bronchiectasis is projected to witness the highest growth during the forecast period"
Based on Application, the Airway Clearance Systems Market studied across Bronchiectasis, Chronic Bronchitis, Cystic Fibrosis, Immotile Cilia Syndrome, and Neuromuscular. The Chronic Bronchitis commanded the largest size in the Airway Clearance Systems Market in 2019, followed by the Cystic Fibrosis. On the other hand, the Bronchiectasis expected to grow at the fastest CAGR during the forecast period, followed by the Cystic Fibrosis.
"The Home Care Settings is projected to witness the highest growth during the forecast period"
Based on End User, the Airway Clearance Systems Market studied across Ambulatory Surgical Centers, Home Care Settings, and Hospitals & Clinics. The Hospitals & Clinics commanded the largest size in the Airway Clearance Systems Market in 2019, followed by the Home Care Settings. On the other hand, the Home Care Settings expected to grow at the fastest CAGR during the forecast period, followed by the Hospitals & Clinics.
"The Asia-Pacific is projected to witness the highest growth during the forecast period"
Based on Geography, the Airway Clearance Systems Market studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas region surveyed across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific region surveyed across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa region surveyed across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded the largest size in the Airway Clearance Systems Market in 2019, followed by the Americas. On the other hand, the Asia-Pacific expected to grow at the fastest CAGR during the forecast period, followed by the Europe, Middle East & Africa.
The factors attributing to the growth of the market are growing r&d spending on clinical development, availability of insurance policies for medical equipment, and increasing prevalence of chronic lungs diseases such as cystic fibrosis, asthma, and others. However, some factors such as presence of various alternatives of the product may hinder the market growth. The Airway Clearance Systems Market expected to showcase the opportunities such as growing home care services across the world, technological advancements in the airway clearance systems, and financial assistance programs. Soon market may face the possible challenges in the growth due to high cost associated with the airway clearance systems and side effects occurring due to excessive dosage. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the market.
Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, so for and, the long-term effects projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlaying COVID-19 issues and potential paths forward. The report is delivering insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecast, considering the COVID-19 impact on the market.
360iResearch Competitive Strategic Window:
The 360iResearch Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies. The Competitive Strategic Window helps the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. During a forecast period, it defines the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth.
360iResearch FPNV Positioning Matrix:
The 360iResearch FPNV Positioning Matrix evaluates and categorizes the vendors in the Airway Clearance Systems Market on the basis of Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.
Company Usability Profiles:
The Airway Clearance Systems Market is highly competitive and characterized by the presence of a large number of international and regional players in the market. The market has witnessed increased competition between vendors based on the pricing model, technology differentiation, brand name, quality of service, price differentiation, and technical expertise.
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Airway Clearance Systems Market, including Allergan PLC by AbbVie Inc., Dymedso Inc., Electromed Inc., General Physiotherapy Inc., Hill-Rom Holdings, Inc., Koninklijke Philips N.V., Monaghan Medical Corporation, PARI GmbH, PhysioAssist, Thayer Medical Corporation, Trudell Medical International, and VORTRAN Medical Technology, Inc..