Mucosal Atomization Devices Market Size, Growth Opportunities, Trends Forecast to 2028

According to Precision Business Insights (PBI), the latest report, the mucosal atomization devices market is expected to be worth USD 674.5 billion in 2021, growing at a CAGR of 7.12% during 2022 to 2028. The primary driver of the expansion of the global mucosal atomization devices market is the increasing adoption of these devices for faster drug delivery.

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Gas-propelled segment Will Dominate the Mucosal Atomization Devices Market:
The gas-propelled segment held a considerable market share during the estimated period. Gas-powered delivery has the advantage of being very adaptable. The variety of liquefied gases on the market makes it possible to offer the full gamut of pressure ranges in a single container style. With a novel variation on the technique, this enables a single device system to manage a number of delivery choices, including various viscosities (up to 300 cP), injection volumes, and other parameters.

North America Mucosal Atomization Devices Market:
North America is expected to have a significant share in the global mucosal atomization devices market over the forecast period. Due to technological developments in the healthcare sector, North America is anticipated to have the most revenue shares for mucosal atomization devices in the near future. The majority of drug delivery research centres globally are located in the United States, which is the industry's hub. Similar to developed countries, emerging nations are expanding their demand for technologically improved devices for faster delivery and better bioavailability for medication administration, which will surely drive the market's growth throughout the anticipated time.

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Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global mucosal atomization devices market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region. For instance, In Jan 2021, SciSparc signed a collaboration agreement with Polyrizon for brain targeting using intranasal hydrogel systems.

The mucosal atomization devices market is segmented based on type, end-user, and geography:
Based on the type:
• Gas Propulsion
• Electronic Atomizer

Based on the end user:
• Hospitals
• Ambulatory Surgical Centres
• Specialists Clinic

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Key players' profiles in the mucosal atomization devices market report are Teleflex Incorporated, DeVilbiss Healthcare LLC, Becton, Dickinson and Company, Kurve Technology Inc., Cook Medical, Medica Holdings, Integra LifeSciences and BVM Meditech Private Limited.

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This release was published on openPR.