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Non-rebreathing Oxygen Mask Market research report is a professional and in-depth study on the market size, growth, share, trends, as well as industry analysis.
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Appointing of BIOACCESS™ By POM Medical Will Enable Growth
Bioaccess™, a US-based contract research organization (CRO)and market access consulting company was assigned by POM Medical, LLC. Bioaccess™ will assist POM Medical, as a legal representative and regulatory consultant for the commercialization of novel Panoramic Oxygen Mask in Columbia. The Panoramic Oxygen Mask is a disposable single patient device intended for delivering supplemental oxygen and monitoring expired gases from the patient.
The appointing of bioaccess™ by POM Medical is expected to benefit the global non-rebreathing oxygen shares owing to the distribution network, and marketing authorization for the novel Panoramic Oxygen Mask.
Further, the versatility of the Panoramic Oxygen Mask is expected to fuel demand which will, in turn, benefit the non-rebreathing oxygen mask market. In addition, FDA approval for non-rebreather masks by key players is also predicted to boost the non-rebreathing oxygen mask revenue. For instance, Xiamen Compower Medical Tech. Co. Ltd. received FDA 510(k) approval for Non-Rebreathing Valve of 15mmOD) and 18.5mm.
Surge in Traumatic Cases Will Foster Growth
The rising prevalence of chronic respiratory diseases such as pulmonary hypertension, asthma, chronic obstructive pulmonary diseases (COPD), respiratory allergies, and others are expected to promote the global non-rebreathing oxygen mask growth.
The surge in traumatic cases caused by road accidents is a factor predicted to propel the growth of the global non-rebreathing oxygen market. The new guidelines for the clinical practice of oxygen masks are also predicted to aid growth to the non-rebreathing oxygen mask.
For instance, Thoracic Society of Australia and New Zealand released clinical practice Oxygen Guidelines for Acute Oxygen Use in Adults recommending the use of non-rebreathing oxygen mask.
Additionally, the increasing episodes of emergency visits requiring Cardiopulmonary Resuscitation (CPR) are predicted to encourage the non-rebreathing oxygen mask revenue in the forthcoming year. Nonetheless, non-rebreathing oxygen masks are ineffective in long term treatments and fault in the mask can result in carbon dioxide build-up. These factors are expected to restrict global non-rebreathing oxygen growth.
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Rising Air Pollution Will Create Growth Opportunities in North America
Geographically, the global non-rebreathing oxygen market is segmented into North America, Europe, Latin America, and the Middle East & Africa. North America is predicted to exhibit a tremendous growth rate during the forecast period owing to the rising air pollution and development in health infrastructure.
The non-rebreathing oxygen mask market in Europe is expected to expand in the forthcoming year, owing to the increasing respiratory disorders in the region. According to the European Lung Foundation, 600,000 people are affected by respiratory diseases every year in Europe. This trend is predicted to support the growth of the non-rebreathing oxygen masks market in Europe
Some of the major companies that are present in the global non-rebreathing oxygen mask market are Philips Respironics Inc, Intersurgical Inc., Smiths Group plc. (Smiths Medical), Fisher & Paykel Healthcare Limited, MAQUET Holding B.V. & Co. KG, CareFusion Corporation, DeVilbiss Healthcare LLC. Savvy, ResMed, Invacare Corporation, Teleflex Incorporated, Allied Healthcare Products, and other players.
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