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 2031.”
According to the latest research by InsightAce Analytic, the global The Oxygen and Aerosol Delivery Devices Market Size is valued at 43.14 Billion in 2023 and is predicted to reach 74.64 Billion by the year 2031 at a 7.3% CAGR during the forecast period for 2024-2031.
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Delivery systems for oxygen and aerosols treat respiratory and non-respiratory disorders as emergency therapy or as part of a long-term regimen. The most advanced way of medicine delivery involves delivering a substance straight to the lungs for a systemic effect. Devices for delivering oxygen and aerosols, like dry powder inhalers, metered-dose inhalers, and nebulizers, are frequently employed in treating asthma and COPD.
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.
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.
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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 $139 million in 2020.
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Market Segments
Global Oxygen and Aerosol Delivery Devices Market, by Product, 2024-2031 (Value US$ 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, 2024-2031 (Value US$ Mn)
- COPD
- Asthma
- Cystic Fibrosis
- Respiratory Distress Syndrome
- Pneumonia
- Other Diseases
Global Oxygen and Aerosol Delivery Devices Market, by Region, 2024-2031 (Value US$ Mn)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
North America Oxygen and Aerosol Delivery Devices Market, by Country, 2024-2031 (Value US$ Mn)
- S.
- Canada
Europe Oxygen and Aerosol Delivery Devices Market, by Country, 2024-2031 (Value US$ Mn)
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific Oxygen and Aerosol Delivery Devices Market, by Country, 2024-2031 (Value US$ Mn)
- India
- China
- Japan
- South Korea
- Australia & New Zealand
Latin America Oxygen and Aerosol Delivery Devices Market, by Country, 2024-2031 (Value US$ Mn)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa Oxygen and Aerosol Delivery Devices Market, by Country, 2024-2031 (Value US$ Mn)
- GCC Countries
- South Africa
- Rest of Middle East & Africa
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