Market Size of Mucus Clearance Devices Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 5.50 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Mucus Clearance Devices Market Analysis
The Mucus Clearance Devices market studied is anticipated to grow with a CAGR of nearly 5.5%, during the forecast period.
- Certain factors that are driving the market growth include increasing demand for Airway Clearance Devices accounted by home care settings and rising patient pool suffering from COPD and asthma.
- Increased geriatric population coupled with higher incidences of chronic conditions drive the mucus clearance devices market growth. Increasing prevalence of chronic obstructive pulmonary disease (COPD) along with asthma is one of the major driving factors for the industry.
- For instance, according to CDC (the Centres for Disease Control and Prevention), in 2018, 9 million adults were diagnosed with chronic bronchitis which eventually leads to higher requirements for mucus clearance devices, thus fueling the market. All such factors are likely to drive the growth of the global market.