Oxygen and Aerosol Delivery Devices Market Delivering Relief: How Oxygen and Aerosol Devices are Transforming Respiratory Care

Oxygen and Aerosol Delivery Devices Market worth $ 69.32 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Oxygen and Aerosol Delivery Devices Market- by Product (Oxygen Masks, Nasal Cannulas/ Oxygen catheters, Oxygen Connecting Tube, Venturi Masks, Non-rebreather Masks, Reusable Nebuliser, Disposable Nebuliser and Other Oxygen Delivery Devices), Application (COPD, Asthma, Cystic Fibrosis, Respiratory Distress Syndrome, Pneumonia and Other Diseases), Trends, Industry Competition Analysis, Revenue and Forecast To 2024-2031."

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The Breathing Aid Market: Oxygen and Aerosol Delivery Devices on the Rise
Insightace Analytic's latest study estimates the global market for oxygen and aerosol delivery devices at US$39.24 billion in 2021. Looking ahead, the market is projected for significant growth, with a CAGR of 6.8% anticipated from 2024 to 2031, reaching a projected value of US$69.32 billion by 2030. This growth is attributed to several key factors driving the demand for these life-saving medical devices.

Essential Tools for Respiratory and Beyond
Oxygen and aerosol delivery devices play a crucial role in managing a wide range of respiratory and non-respiratory conditions. These devices provide a valuable tool for both long-term treatment plans and emergency situations. They function by delivering medication or oxygen directly to the lungs, offering a targeted and effective approach to therapy.

Common Devices for Diverse Applications
Several types of oxygen and aerosol delivery devices are used to address various medical needs. Some of the most widely used devices include:
• Nebulizers: These devices convert liquid medication into a mist that can be easily inhaled.

• Metered-dose inhalers (MDIs): These portable inhalers deliver a precise dose of medication with each actuation.

• Dry powder inhalers (DPIs): These inhalers use a breath-activated mechanism to deliver medication in a powdered form.

Market Growth Driven by Multiple Factors
The increasing prevalence of respiratory diseases like asthma and COPD, coupled with the growing geriatric population more susceptible to such conditions, are key drivers of the oxygen and aerosol delivery devices market.

Additionally, the rising awareness of the benefits of aerosol drug delivery for non-respiratory ailments is expanding the application range of these devices. Furthermore, advancements in technology are leading to the development of more user-friendly and efficient delivery systems, further propelling market growth.

A Market Focused on Improving Respiratory Health
As the demand for effective respiratory treatments continues to rise, the oxygen and aerosol delivery devices market is expected to witness continued growth in the coming years. This market's focus on innovation and improved patient outcomes will likely lead to the development of even more advanced and accessible devices for delivering life-saving oxygen and medication directly to the lungs.

Augumented incidence of respiratory disorders such as asthma, COPD, and others, the rate of smoking, the ease with which medications can be administered using aerosol delivery devices, the increase in demand for metered-dose inhalers, and technological advancements in inhaler devices are the primary factors influencing the global market for oxygen and aerosol delivery devices. The number of R&D initiatives to provide the best inhalation therapy has increased, which is one of the other factors influencing market expansion. However, it is anticipated that issues and adverse effects related to inhaling medications and the high price of nebulizers will restrain the market growth.

North America is anticipated to be the major contributor to the oxygen and aerosol delivery devices market over the forecast years. Due to the considerable population base susceptible to asthma and COPD, rising healthcare reforms, rising public awareness of the use and benefits of these devices, accessibility of medical devices, growth of the R&D sector, and technological advancements in aerosol delivery device products, the oxygen and aerosol delivery devices market offers lucrative opportunities for key players. In addition, the Asia Pacific oxygen and aerosol delivery devices market is expected to grow significantly during the forecast period.

The market is showing considerable growth due to the increasing demand for home healthcare equipment, inhalers, and nebulizers. In order to acquire a major share of the oxygen and aerosol delivery business, prominent manufacturers are increasingly focusing on extending their geographic presence in developing Asia-Pacific nations.

Major market players operating in the Oxygen and Aerosol Delivery Devices market include

Medline Industries, Inc., Salter Labs Inc., Vygon SA, Smiths Medical, Inc., Medicoplast International GmbH, Purple Surgical, Pennine Healthcare, Besmed Health Business Corp., Intersurgical Ltd, B. Braun Melsungen AG, ConvaTec Inc., Flexicare Medical Ltd., GaleMed Corporation, PARI GmbH, Polymedicure, Teleflex Incorporated, HSINER CO., LTD., ASID BONZ GmbH and Sumi spółka z ograniczoną.

Recent collaborations and agreements in the market:
• In December 2021, Positive results from the second randomized, placebo-controlled Phase-2 research comparing PUL-042 to COVID-19 were reported by Pulmotect. Patients treated with inhaled PUL-042 had excellent efficacy signals for COVID-19 prevention and therapy, reduced respiratory symptoms, and reduced critical care unit hospitalizations, in addition to probable effectiveness against all SARS-CoV-2 variants.

• In June 2021, a significant portion of Teleflex Incorporated's Respiratory division was recently sold to Medline Industries, Inc. (referred to as "Medline"), as previously stated. Among the Teleflex respiratory product lines purchased are Hudson RCI® devices for oxygen and aerosol treatment, active humidification, non-invasive ventilation, and incentive spirometers, with a projected total sale of $139 million in 2020.

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Market Segments
Global Oxygen and Aerosol Delivery Devices Market, by Product, 2022-2030 (Value US$ Mn)
• Oxygen Masks
• Nasal Cannulas/ Oxygen Catheter
• Oxygen Connecting Tube
• Venturi Masks
• Non-rebreather Masks
• Reusable Nebulizer
• Disposable Nebulizer
• Other Oxygen Delivery Devices

Global Oxygen and Aerosol Delivery Devices Market, by Application, 2022-2030 (Value US$ Mn)
• COPD
• Asthma
• Cystic Fibrosis
• Respiratory Distress Syndrome
• Pneumonia
• Other Diseases

Global Oxygen and Aerosol Delivery Devices Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America Oxygen and Aerosol Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe Oxygen and Aerosol Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Oxygen and Aerosol Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America Oxygen and Aerosol Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa Oxygen and Aerosol Delivery Devices Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global oxygen and aerosol delivery devices market
 To receive an industry overview and future trends of the oxygen and aerosol delivery devices market
 To analyze the oxygen and aerosol delivery devices market drivers and challenges
 To get information on the oxygen and aerosol delivery devices market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the oxygen and aerosol delivery devices market industry

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