Surging Cystic Fibrosis and Coronavirus Incidences Augments the Global Airway Clearance System Market Growth at 4.39%
According to a new market research report published by Inkwood
Research, the Global Airway Clearance System Market is projected to evolve at a
CAGR of 4.39% during the forecasting years of 2019-2028.
“Browse 43 market Data Tables and 45 Figures spread over 167
Pages, along with an in-depth TOC on Global Airway Clearance System Market
Forecast 2019-2028.”
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Airway
clearance systems are used for loosening thick, sticky mucus, which can be
cleared by coughing. The airway clearance devices are used to treat patients
suffering from respiratory disorders such as asthma, COPD, Bronchiectasis, and
cystic fibrosis. A considerable increase in the incidence of respiratory
disorders all over the world has led to a surge in demand for these devices,
driving the market growth. For example, asthma affects 300 million individuals
across the world. COPD caused three million deaths worldwide in 2017. Various
airway clearance systems have been introduced in the market to treat these
disorders, such as PEP and HFCWO. However, PEP is the most effective as
compared to other methods.
Rising Incidence of Cystic Fibrosis and Coronavirus
Incidence Fuels Market Growth
Recently, an
alarming rise in the occurrence of cystic fibrosis has been witnessed globally.
In 2018, more than 30,000 individuals were estimated to have suffered from
cystic fibrosis in the US and 70,000 worldwide. Also, every year, more than
1,000 new cases of CF are diagnosed. Further, millions of people are being
infected due to the outbreak of coronavirus in 2020, and are suffering from
respiratory conditions. This is promoting the usage of the airway clearance
system to clear up extra sputum. Hence, a dreadful increase in CF incidence all
over the globe, and coronavirus disease is expected to promote the demand for
airway clearance devices, thereby flourishing market growth.
Bronchiectasis Harbored the Largest Share in the
Application Segment
Bronchiectasis
is a chronic disease in which the walls of the bronchi get thickened due to
infection and inflammation. In this condition, the airways of the lungs get
damaged, making it hard to clear the mucus. Bronchiectasis may result from an
infection or medical condition such as cystic fibrosis or pneumonia. Patients
suffering from bronchiectasis have periodic eruptions of breathing
difficulties, called exacerbations. The damaged bronchial tubes of the lungs
lead to the building up of excess mucus, causing infection. The patients get
relief from infection by using the airway clearance systems, though there is no
cure for the disease.
Asia Pacific Region is Evaluated to Register the
Highest CAGR
The region of
Asia Pacific is expected to grow significantly and reach the highest growth
rate over the forecast period. The growth of the market is stimulated by
technological developments in the airway clearance systems, development of the
R&D sector, rise in healthcare reforms, and advancements in the healthcare
sector. Moreover, the markets in India and China are estimated to record high
growth rates due to a large population base, a remarkable surge in demand for
airways clearance systems, and an increase in R&D activities.
The market rivalry is intense, with companies adopting
several strategies such as new product enhancement, technological development,
and others. Some of the renowned companies trying to strengthen their position
in the global market are Electromed Inc, International Biophysics Corporation,
PARI GmbH, Medtronic PLC, Koninklijke Philips N.V., etc.
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