Airway Clearance Systems Market Size, Share, Trends, Growth, Production, Consumption, Revenue, Company Analysis and Forecast 2021-2028

Published Date : Jan 2021 | No. of Pages : 250 Pages | Category : Healthcare

The global Airway Clearance Systems market size is expected to be worth around US$ 698.17 million by 2028, according to a new report by Vision Research Reports.

The global Airway Clearance Systems market size was valued at US$ 493.70 million in 2020 and is anticipated to grow at a CAGR of 4.10% during forecast period 2021 to 2028.

Growth Factors

The airway or mucus clearance devices are majorly used for the treatment of various respiratory diseases. Rising adoption of clearance system to curb the surmounting prevalence of cystic fibrosis, Chronic Obstructive Pulmonary Disease (COPD), bronchiectasis is the primary market driver.

According to the U.S. Department of Health and Human Services, About 1 in every 2,500 to 3,500 Caucasian babies is diagnosed with cystic fibrosis in U.S. This ratio significantly lower among Asian and African Americans at 1 in 31,000 and 17,000 births, respectively. This factor is expected to contribute to the product demand over the forecast period.

Breakthroughs in airway clearance systems are anticipated to positively influence the market. For instance, as manufactured by Dymedso, a digitally controlled acoustic airway clearance device endorses bronchial drainage by inducing vibration in the thoracic walls. Leading to a less painful and more effective treatment. Groundbreaking technological advancements are rapidly transforming the airway clearance devices, creating new growth opportunities.

Report Highlights

Airway clearance systems offer long-term benefit to patients suffering from excessive formation of mucus in the lungs by providing lung expansion and facilitating pulmonary mucus clearance. These devices are indicated for lung expansion therapy, mobilizing lung secretions, and preventing and treating pulmonary atelectasis.

Flutter mucus clearance device held the dominant share of the airway clearance systems market in 2020 and is expected to be the fastest growing segment over the forecast period. These devices are used for the clearance of excessive secretions in cystic fibrosis, bronchiectasis, bronchitis, and other diseases related to excessive formation of mucous. Flutter mucus clearance is a class II device is regulated by the U.S. Food and Drug Administration (FDA).

Positive Expiratory Pressure (PEP) held the second largest market share of over 25.0% in 2020. The PEP increases collateral ventilation and promotes mucus clearance by preventing airway closure. This is the most preferred device after flutter mucus clearance device as it is designed to treat both children and adults via administering the pressure mask.

Adoption of airway clearance systems for the treatment of cystic fibrosis, neuromuscular, bronchiectasis is anticipated to drive the market expansion. These devices help in the lung expansion and clearing the excess mucus formation thus helping the patient breath properly. Usage of different types of airway clearance devices is expected to witness a rise with the high prevalence of cystic fibrosis on global scale. 

Bronchiectasis patients experience chronic sputum and cough production and require a prescription for airway clearance techniques such as the PEP therapy. It is expected to be fastest growing segment over the forecast period. Bronchiectasis is the permanent enlargement of the airways. 

Home health care setting held the largest market share in 2020 and is projected to continue dominating over the forecast period. Home health care settings aim at helping individuals recover faster and live with greater independence. Home care settings was the largest end-user of airway clearance systems 2020. The demand for fast, ease of comfort, cost-effective diagnosis, and treatment are the primary growth drivers for the segment.

Availability of a wide range of diagnosis and treatment methods for COPD, cystic fibrosis, neuromuscular patients are a high impact rendering driver for this segment. Hospitals and Clinics segment is poised to grow at a steady pace during the forecast period owing to wider array of services such as medications, antibiotics and antivirals, vaccinations, and others. Hospitals and clinics segment are the second largest revenue generating segment owing to improved access to healthcare service. 

Ambulatory surgical centers (ASC) are also known as outpatient surgery centers. The ASC’s help the patients to fewer resistant bacteria as compared to the hospital, dropping the risk of infection. Moreover, ACS’s are cost-effective, more efficient, and convenient resulting in superior patient satisfaction.

North America accounted for the largest revenue share in 2020. Growing collective efforts by the key players to improve their product portfolio and to ensure high-quality standards are projected to boost the demand for airway clearance systems. In addition, increasing air pollution and exposure to tobacco smoke, which triggers respiratory disorders, is also anticipated to drive the growth. 

Key Players

  • Hill-Rom Holdings Inc.

  • Electromed Inc.

  • Philips Respironics

  • General Physiotherapy Inc.

Market Segmentation

  • Device Type Outlook 

    • Positive Expiratory Pressure (PEP)

    • Flutter Mucus Clearance Device

    • High Frequency Chest Wall Oscillation (HFCWO)

    • Intrapulmonary Percussive Ventilation (IPV)

    • Others

  • Application Outlook

    • Cystic Fibrosis

    • Neuromuscular

    • Bronchiectasis

    • Others (Immotile Cilia Syndrome, Chronic Bronchitis)

  • End Use Outlook

    • Hospitals & Clinics

    • Home Care Settings

    • Ambulatory Surgical Centers

    • Others

  • Regional Outlook 

    • North America

      • The U.S.

      • Canada

    • Europe

      • The U.K.

      • Germany

      • France

      • Italy

      • Spain

      • Russia

    • Asia Pacific

      • Japan

      • China

      • India

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • Middle East & Africa

      • South Africa 

      • Saudi Arabia

      • UAE

The Airway Clearance Systems market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Airway Clearance Systems market for the base year 2020 and the forecast between 2021 and 2028. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Airway Clearance Systems market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Airway Clearance Systems market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Airway Clearance Systems market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

In terms of production side, this report researches the Airway Clearance Systems capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Airway Clearance Systems by regions (countries) and application.

Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Airway Clearance Systems market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2028. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Airway Clearance Systems market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Airway Clearance Systems market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Airway Clearance Systems industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

The Airway Clearance Systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Airway Clearance Systems market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Airway Clearance Systems market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Airway Clearance Systems market. These factors have benefited the growth of the global market for Airway Clearance Systems. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Airway Clearance Systems. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

In this study, the years considered to estimate the market size of Airway Clearance Systems are as follows:

  • Historic Year: 2017-2020
  • Base Year: 2020
  • Forecast Year 2021 to 2028

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.

Market Size Estimation

Top-down and bottom-up approaches are used to estimate and validate the global market size for company, regional division, product type and application (end users).

The market estimations in this report are based on the selling price (excluding any discounts provided by the manufacturer, distributor, wholesaler or traders). Market share analysis, assigned to each of the segments and regions are achieved through product utilization rate and average selling price.

Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.

All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or others factors are accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Vision Research Reports and presented in this report.

Market Breakdown and Data Triangulation

After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation. Extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report.

Secondary Sources

Secondary Sources occupies approximately 25% of data sources, such as press releases, annual reports, Non-Profit organizations, industry associations, governmental agencies and customs data, and so on. This research study includes secondary sources; directories; databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), TRADING ECONOMICS, and avention; Investing News Network; statista; Federal Reserve Economic Data; annual reports; investor presentations; and SEC filings of companies.

Primary Sources

 In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product manufacturers (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.

The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end users (product buyers), and related key executives from various key companies and organizations operating in the global market.

The study objectives of this report are:

  • To analyze and study the global market capacity, production, value, consumption, status (2017-2020) and forecast (2021-2028);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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