Mucus Removal Devices Market Reaches Valuation

DUBAI, United Arab Emirates, Jan. 26, 2022 (GLOBE NEWSWIRE) — Global Sales mucus removal devices market are provided at the top US$595.2 million in 2022. Growing at a healthy pace 6.1% CAGR, the market size is expected to total US$847.0 million by 2028. The report tracked the mucus removal devices market for a decade-old projection period, 2022-2028.

According to a recent market study by Future Market Insights (FMI), more than 5 million units of mucus removal devices were sold in 2021. Sales would increase by 7.7% in 2022, based on calculated annual growth in the report. The majority of the demand for mucus removal devices comes from home care facilities, followed by hospitals.

Attribute Details
Estimated Mucus Clearance Devices Market Size 2022 US$595.2 million
CAGR Based on Mucus Clearance Devices Market Value (2022-2028) ~6.1%
Mucus Removal Devices Market Size in 2028 Projected US$847.0 million

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HFCWO and OPEC mucus removal devices sell high

Steady increase in the prevalence of cystic fibrosis and COPD (chronic obstructive pulmonary disease) is a key factor responsible for the robust growth of the mucus removal devices market. According to IMF analysis, cystic fibrosis generates the largest pool of patients, driving demand for mucus removal devices, accounting for almost half of total sales. COPD also accounts for a large volume share that roughly equates to just under a third of the mucus removal devices market volume.

Demand for HFCWO (High Frequency Chest Wall Oscillation) devices, which is greatest in home care facilities and hospitals, is currently more than a thirdrd of the total market volume. The report also highlights a notable share of sales accounted for by OPEC (Oscillating Positive Expiratory Pressure) devices, more than 1/4and of total sales.

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Report scope

Attribute Details
Forecast period 2013-2021
Historical data available for 2022-2028
Market analysis Units for volume and US$ Mn for value
Key regions covered North America, Latin America, Europe, East Asia, South Asia,
Oceania, Middle East and Africa.
Main countries covered United States, Canada, Brazil, Mexico, Germany, United Kingdom, France,
Italy, Spain, Nordic, Russia, Poland, China, India, Thailand,
Indonesia, Australia and New Zealand, Japan, GCC countries,
North Africa, South Africa, others.
Key Market Segments Covered Cycle type, indication, end user and region
Profiled Key Companies
  • Hill-Rom Inc.
  • Allergan
  • Koninklijke Philips NV
  • Respiratory Technologies, Inc.
  • Smith’s Medical
  • Electromed, Inc.
  • Monaghan Medical Society
  • Thayer Medical
  • VORTRAN Medical
Pricing Available on demand

On the other hand, the stringent FDA regulatory guidelines for the approval of medical devices are likely to act as a hurdle for the mucus removal devices market. Additionally, lack of awareness about the symptoms of CF and COPD in developing economies is another factor likely to hinder the growth of the mucus removal devices market. Additionally, the rate of treatment for respiratory disorders is much less in low- and middle-income countries, which is also restraining the growth of the mucus removal devices market.

North America is the largest region in the global mucus removal devices market with more than 2/5and of the total market volume. The North American mucus removal devices market is followed by Europe and East Asia, and the report points to exciting opportunities in India, Brazil, and South Africa.

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Key Players of Mucus Removal Devices Market Focusing on Online Distribution Channels

The major distributors and vendors operating in the global mucus removal devices market are eyeing the opportunities in the e-commerce sector. The introduction and online sale of innovative mucus removal devices is practiced by several companies in order to minimize the costs associated with supply, distribution and operation. Online availability also tends to attract a wider consumer base as it allows product comparison, according to research.

The increasing focus of major medical device manufacturers on launching new mucus removal devices such as SmartVest is expected to drive robust growth in the mucus removal devices market. The smart mucus removal devices that are being developed on a similar range of SmartVest have the smartphone connectivity feature that allows respective doctors and hospitals to have immediate access to real-time data, which can then be provided to telemedicine service providers. According to the report, these advanced technological innovations will play a crucial role in driving the demand for mucus removal devices in the near future.

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Hill-Rom Inc., the global leader in the mucus removal device landscape, currently accounts for approximately 35% market revenue share. The report also profiles several other prominent players competing in the mucus removal devices market including Allergan plc, Koninklijke Philips NV, Respiratory Technologies, Inc., Smiths Medical, Electromed, Inc., Monaghan Medical Corporation, Dr. Burton Healthcare LLC, Actegy Limited, Westmed, Inc., International Biophysics Corporation, Thayer Medical, R. Cegla GmbH & Co. KG, Medical Acoustics LLC, VORTRAN Medical and PARI Medical Holding GmbH.

Discover IMF’s extensive ongoing healthcare coverage

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About Future Market Insights (IMF)
Future Market Insights (FMI) is a leading provider of market information and advisory services, serving clients in over 150 countries. FMI is headquartered in Dubai and has delivery centers in the UK, USA and India. FMI’s latest market research reports and industry analysis help businesses meet challenges and make critical decisions with confidence and clarity amidst fierce competition. Our custom and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of analysts led by FMI experts continuously monitor emerging trends and events across a wide range of industries to ensure our clients are prepared for the changing needs of their consumers.

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Reporting: https://www.futuremarketinsights.com/reports/mucus-clearance-devices-market
Source of the press release: https://www.futuremarketinsights.com/press-release/mucus-clearance-devices-market

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