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Surging Cystic Fibrosis and Coronavirus Incidences Augments the Global Airway Clearance System Market Growth at 4.39%

09-23-2022 06:59 AM CET | Health & Medicine

Press release from: Inkwood Research

Global Airway Clearance System Market

Global Airway Clearance System Market

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.

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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.

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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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