Airway clearance is a therapy are used for loosening the mucus in patients suffering from respiratory disorders such as COPD, asthma, cystic fibrosis and others. Major increase in the incidence of respiratory disorders all-inclusive has led to an increased demand of these devices. For instance, according to the Global Initiative for Asthma (GINA), around 300 million people across the world suffer from asthma every year. Further, COPD, was the 3rd leading cause for death, led to the death of 3 million people in 2017. Moreover, for treating these disorders, a variety of airway clearance systems have been introduced in the market, such as positive expiratory pressure (PEP), high frequency chest wall oscillation (HFCWO. However, the positive expiratory pressure (PEP)is the most effective treatment option as compared to the other methods.
The Airway clearance system market size is expected to reach $922 million by 2026, registering a CAGR of 4.7% from 2019 to 2026, in terms of value.
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Significant increase in prevalence of cystic fibrosis, asthma, chronic
obstructive pulmonary disease (COPD) across the globe is the major factor
driving the airway clearance system market growth. For instance, U.S. Cystic
Fibrosis Foundation, more than 30,000 people are living with cystic fibrosis in
the country. Further, the major factors leading the airway clearance system
market growth are increasing concerns of respiratory diseases, such as asthma
and emphysema, and rising incidence of respiratory diseases caused due to
cigarette consumption. The growth of the airway clearance system market would
be boosted due to increase in healthcare expenditure, growth in the use of
homecare devices in healthcare industry, and rapid adoption of advanced medical
solutions. Currently, most of healthcare practitioners and pulmonary diseases
experts prefer a combination of a drug and a device, owing to its fast and
effective outcome. However, the factors such as high cost correlated with the
airway clearance systems and side effects occurring due to their excessive
usage may hamper the airway clearance system market growth
Technological advancements in airway clearances such as providing
minimally invasive treatments, surge in awareness among individuals towards self-grooming
are the major factors driving the airway clearances market growth. In addition,
rise in disposable incomes in developing economies such as China, India,
further contributes to the market growth. However, high cost of these devices
and a lack of appropriate reimbursement policies are restraining the growth of
this market. On the contrary, rise in baby boomer population and the budding
trend of body altering across the globe, are anticipated to create lucrative
opportunities for the market in near future. In addition, manufacturers are
continuously focusing towards improving their products to help users in gaining
improved results in a shorter time period with minimal or no incisions.
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By type, the positive expiratory pressure (PEP) segment accounted for
the majority of airway clearance system market share in 2018 and is expected to
exhibit a prominent growth rate in the near future, owing to the fact that it
is the most used airway clearance systems used for the treatment of cystic
fibrosis. However, oscillating PEP device segment is anticipated to grow at the
fastest rate during the forecast period
By application, the bronchiectasis segment dominated the airway
clearance system market in 2018, and is anticipated to maintain its dominance
during the forecast period. This is attributed to the surge in surge in
incidence of the disease across the globe. For instance, according to British
Lung Foundation, around 210,000 people in the UK were living with
bronchiectasis in 2016.
The Major Key Players Are:
Allergan plc, Dymedso Inc., Electromed Inc., Ltd., General Physiotherapy
Inc Hill-Rom Holdings, Inc., International Biophysical Corporation,
Koninklijke Philips N.V. (Philips), Monaghan Medical Corporation, Inc., and
PARI GmbH, Thayer Medical.
Key Findings of the Study:
- By type, the positive expiratory pressure (PEP) segment accounted
for the highest market share of 27% in 2018 and is anticipated to grow at
the fastest rate during the forecast period.
- By region, North America was the major shareholder and accounted
for the highest share of 44% in 2018.
- By application, neuromuscular segment is expected to grow at a CAGR
of 5.4% during the forecast period.
- By end user, the hospitals segment dominated the market in 2018 and
is anticipated to maintain its dominance during the forecast period.
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