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Global Positive Expiratory Pressure (PEP) Devices market Info
Global Positive Expiratory Pressure (PEP) Devices Market seg
Global positive expiratory pressure (PEP) devices market was valued at US$ 0.97 Billion in 2021. It is expected to reach US$ 1.89 Billion by 2030
Major market players operating in the Positive Expiratory Pressure (PEP) Devices market include R. Cegla GmbH & Co. KG, PARI GmbH, AirPhysio, Smiths Medical, Inc. (ICU Medical), Philips Respironics” — Insightace Analytic
NEW JERSEY, NJ, USA, September 12, 2022 /EINPresswire.com / -- InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the 'Global Positive Expiratory Pressure (PEP) Devices Market - by Product (High-Pressure PEP (26-102cm H2O) Devices and Low-Pressure PEP (5-20cm H2O) Devices), Application (Chronic Obstructive Pulmonary Disease (COPD), Asthma, Atelectasis, Bronchitis, Bronchiectasis, Cystic Fibrosis and Others), Trends, Industry Competition Analysis, Revenue and Forecast To 2030.'
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According to the latest research by InsightAce Analytic, the global positive expiratory pressure (PEP) devices market was valued at US$ 0.97 Billion in 2021. It is expected to reach US$ 1.89 Billion by 2030, with a CAGR of 8.0% during a forecast period of 2022-2030.
Overproduction of mucus is connected to lung infections and accounts for 50% of COPD hospital admissions worldwide. Patients with lung disorders who have trouble clearing their airways further damage their lung tissues. One of the common forms of airway clearing therapy is positive expiratory pressure (PEP). It might be used in addition to standard pressure therapy in lung illnesses. One breathes through a portable mouthpiece or mask when using PEP devices. This enables air to pass through lung mucus and clear it from the airway walls. The patient inhales freely through the device while actively exhaling the air they have just inhaled against the resistance.
Positive expiratory pressure (PEP) devices are predicted to expand in demand due to several causes, including an increased number of hospital patients with lung disorders and rapid technological advancements in medical devices. Positive expiratory pressure (PEP) device market expansion is anticipated to be aided by the high per capita healthcare spending and the availability of favourable reimbursement policies influencing consumer attitudes toward homecare settings. Major players are making significant investments in product development; their strategy of improving the business through introducing cutting-edge solutions is anticipated to accelerate the growth of the target market. Major companies are increasingly approaching underdeveloped nations to boost their earnings. Government policies that are friendly to business and the emergence of SMEs with creative solutions are expected to increase the target market's expansion. Positive expiratory pressure (PEP) devices are predicted to face challenges from factors like strict government rules around product clearance and low consumer trust. The expansion of the target market is also anticipated to be hampered by the high cost of production.
North America is anticipated to be the major contributor to the positive expiratory pressure (PEP) devices market over the forecast years due to the large number of patients who have lung-related disorders. Additionally, a sizable number of companies operating in the nation and the introduction of advanced solutions are anticipated to assist the expansion of the regional market. Additionally, it is anticipated that players will increase their acquisition activities to improve their businesses and support regional market expansion. In addition, the Asia Pacific positive expiratory pressure (PEP) devices market is expected to grow significantly during the forecast period. Positive expiratory pressure (PEP) market growth will occur within the period specified due to the rising prevalence of chronic illnesses and the number of chances they will present. The Asia-Pacific area is anticipated to grow during the projected period due to an expanded patient pool and increased spending on healthcare infrastructure development by developing countries.
Major market players operating in the Positive Expiratory Pressure (PEP) Devices market include R. Cegla GmbH & Co. KG, PARI GmbH, AirPhysio, Smiths Medical, Inc. (ICU Medical), Philips Respironics, Monaghan Medical Corporation, Medica Holdings, LLC, DR Burton Healthcare and SoloPep.
Recent collaborations and agreements in the market:
•In 2021, The 'Acapella' choice blue vibratory PEP therapy system was introduced by Smiths Medical, a well-known maker of medical devices. For individuals with Cystic Fibrosis, Chronic Obstructive Pulmonary Disease (COPD), asthma, lung diseases with secretory issues, and atelectasis, acapella is intended to help with secretion elimination.
•In 2021, Global medical device business AirPhysio joined forces with online retailer GiddyUp. The agreement aims to improve the company's online presence at GetAirPhysio.io, a website dedicated to offering the product at a discount.
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Market Segments
Global Positive Expiratory Pressure (PEP) Devices Market, by Product Type, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•High-Pressure PEP (26-102cm H2O) Devices
•Low-Pressure PEP (5-20cm H2O) Devices
Global Positive Expiratory Pressure (PEP) Devices Market, by Application, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•Chronic Obstructive Pulmonary Disease (COPD)
•Asthma
•Atelectasis
•Bronchitis
•Bronchiectasis
•Cystic Fibrosis
•Others
Global Positive Expiratory Pressure (PEP) Devices Market, by Region, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•North America
•Europe
•Asia Pacific
•Latin America
•Middle East & Africa
North America Positive Expiratory Pressure (PEP) Devices Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•U.S.
•Canada
Europe Positive Expiratory Pressure (PEP) Devices Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•Germany
•France
•Italy
•Spain
•Russia
•Rest of Europe
Asia Pacific Positive Expiratory Pressure (PEP) Devices Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•India
•China
•Japan
•South Korea
•Australia & New Zealand
Latin America Positive Expiratory Pressure (PEP) Devices Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•Brazil
•Mexico
•Rest of Latin America
Middle East & Africa Positive Expiratory Pressure (PEP) Devices Market, by Country, 2022-2030 Value (US$ Mn) and Volume (No. of Units)
•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 positive expiratory pressure (PEP) devices market
To receive an industry overview and future trends of the positive expiratory pressure (PEP) devices market
To analyze the positive expiratory pressure (PEP) devices market drivers and challenges
To get information on the positive expiratory pressure (PEP) devices market value (US$Mn) forecast to 2030
To get information on investments, mergers & acquisitions in the positive expiratory pressure (PEP) devices market industry
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