By 2022, sales of mucus clearance devices market are predicted to reach US$ 595.2 million worldwide. By 2028, the market is projected to have grown at a strong compound yearly growth rate of 6.1% and be worth US$ 847.0 million. The report has been followed by the Mucus Clearance Devices Market for the ten-year forecast period of 2022 to 2028.
According to a recent market research study of Future Market Insights (FMI), more than 5 million units of mucus clearance devices were sold in 2021. The sales will reportedly increase by a robust 7.7% in 2022, as per the Y-o-Y growth calculated in the report. A majority of the demand for mucus clearance devices is accounted by home care settings, followed by hospitals.
On other hand, stringent regulatory guideline by FDA for the approval of medical devices is likely to act as roadblock for the mucus clearance devices market. In addition, lack of awareness about the symptoms of cystic fibrosis and COPD in developing economies is another factor that is likely to hamper the growth of the mucus clearance devices market. Furthermore, the treatment rate for respiratory disorders is much lesser in low- and middle-income countries, which is also hampering the growth of the mucus clearance devices market.
North America is the most prominent region in the global mucus clearance devices market, with over 2/5th of the total market volume. North America’s market for mucus clearance devices is followed by Europe and East Asia, and the report points to attractive opportunities residing in India, Brazil, and South Africa.
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Key Takeways:
- Growing Demand: The mucus clearance devices market is experiencing significant growth due to the rising prevalence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), cystic fibrosis, and asthma.
- Technological Advancements: Advances in medical technology have led to the development of innovative mucus clearance devices, providing more effective and patient-friendly solutions for respiratory care.
- Aging Population: The aging population is contributing to the expansion of the mucus clearance devices market, as elderly individuals are more susceptible to respiratory issues that require these devices.
- Homecare Settings: Increasing adoption of mucus clearance devices in homecare settings is a notable trend, allowing patients to manage their conditions more conveniently and reducing the burden on healthcare facilities.
- Rising Awareness: Growing awareness among patients and healthcare professionals about the importance of airway clearance therapies for better respiratory health is boosting market demand.
- Geographical Expansion: The market is witnessing geographical expansion, with a focus on emerging markets, as healthcare infrastructure and awareness improve in these regions.
- Competitive Landscape: The mucus clearance devices market is competitive, with several key players vying for market share through product innovation and strategic collaborations.
Key Players:
Leading distributers and suppliers operating in the global mucus clearance devices market are eyeing opportunities in the E-commerce sector. Online introduction and sales of innovative mucus clearance devices is being practiced by several companies to minimize costs associated with supply, distribution, and operation. Online availability also tends to attract a wider consumer base as it enables products comparison, according to research.
The rising focus of the leading medical device manufactures to launch novel mucus clearance devices such as SmartVest is expected to lead to the robust growth of the mucus clearance devices market. Smart mucus clearance devices that are being developed on a similar line of SmartVest have the smartphone-connectivity feature that allows doctors and respective hospitals to have ready access to real-time data, which can be further provided to telemedicine service providers. According to the report, such advanced technology enabled innovations will play a crucial role in boosting demand for mucus clearance devices in the near future.
Hill-Rom Inc., the global leader in mucus clearance devices landscape, currently represents an approximate 35% share in the market revenue. The report also profiles several other prominent players competing in the mucus clearance devices market, which include Allergan plc, Koninklijke Philips N.V., 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.
Key Segments:
Cycle Type:
- HFCWO Devices
- OPEP Devices
- MCA Devices
- IPV Devices
- PEP Devices
Indication:
- Cystic Fibrosis
- COPD
- Bronchiectasis
- Others
End User:
- Direct/Patient
- Hospitals
- Fertility Clinics & IVF Centers
Region:
- North America
- Latin America
- Europe
- Oceania
- East Asia
- South Asia
- Middle East & Africa (MEA)
Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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