The market for Mucus Clearance Devices Market is expected to reach XX Bn in 2027.
The mucus clearance devices market is set to expand at a compound annual growth rate (CAGR) of 7.3% during the forecast period from 2019 to 2027. According to the latest statistics provided by the World Health Organization report, more than 3 million people die annually due to chronic obstructive pulmonary disease worldwide, which is equivalent to 6% of the deaths occurring throughout the globe.
Chronic obstructive pulmonary disease is dominating the indication segment for mucus clearance devices. The chief risk factor that contributes to the occurrence of COPD is long-term exposure to lung irritants, which cause damage to the lower reparatory tracts and lung alveoli. A significant rise in the number of smokers worldwide and increasing air pollution at an alarming rate will further accentuate the incidence rate of COPD throughout the globe. Bronchiectasis has gained tremendous attention in the last decade owing to the constant rise in the number of antibiotic-resistant patients suffering from an acute lung infections.
High-frequency chest wall oscillation devices are leading the product segment in the mucus clearance devices segment. The addition of new ergonomic features, such as vibration at varying intensities and frequencies to the existing devices, promises patient comfort and its associated concordance. Increasing demand from homecare settings and rehabilitation centers further propels the HFCWO devices market's growth. Oscillating positive expiratory pressure will showcase impressive growth in the near future owing to its twin benefits in patients suffering from cystic fibrosis, such as the clearance of excess fluids from the lungs and a significant reduction in gas trapping, and improvement in ventilation of the lungs.
North America accounts for a market share of 35.1% and is the dominant regional segment for the mucus clearance devices market. The growing incidence of chronic pulmonary disease and subsequent growth in the smoking population together drive market growth in the North American region. According to the research findings of the Centers for Disease Control and Prevention (CDC), the 2017 report shows that the number of deaths in the U.S. due to chronic lower respiratory tract disease is 160,201, hence making it the 4th largest cause of death in the region. Europe holds a market share of 29.5%, primarily due to the high prevalence rate of cystic fibrosis in the European Union, which is 0.79 per 10,000 people, as quoted by the European Respiratory Society (ERS). Asia Pacific represents 16.8% of the market share, owing to the significant rise in tobacco consumption and the developing healthcare infrastructure.
This research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.
The market is segmented by indication, product, and geography. Medical device companies manufacturing mucus clearance devices are Allergan, Plc., Electromed, Inc., Hill-Rom, Inc., Koninklijke Philips N.V., Monaghan Medical Corporation, Respiratory Technologies, Inc., Smiths Medical, Thayer Medical Corporation, and Vortran Medical Technology, Inc.
The market for Mucus Clearance Devices Market is expected to reach XX Bn in 2027.
The Mucus Clearance Devices Market is expected to see significant CAGR growth over the coming years, at 7.3%.
The report is forecasted to 2019-2027.
The base year of this report is 2018.
Allergan, Plc.,Electromed, Inc.,Hill-Rom, Inc.,Koninklijke Philips N.V.,Monaghan Medical Corporation are some of the major players in the global market.