Latest News - Venturi Mask Market: COPD is expected to lead the Application segment during 2024-2028

The Venturi Mask Market is being driven by Increasing prevalence of chronic respiratory disorders

The Venturi Mask Market is expected to grow at a CAGR of 15.63% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 2738.6 million. In the Venturi mask market, vendors are responding to escalating patient demand and intense competition by innovating designs and features. Manufacturers are investing heavily in developing lightweight, one-piece venturi masks, offering multiple styles and sizes for enhanced patient comfort and efficiency. For example, one-piece masks eliminate the need for multiple valves for concentration adjustments. Newer masks are also made from polypropylene, a non-PVC material, reducing environmental impact. These masks feature a rigid, lightweight body with excellent visibility, ensuring a comfortable fit for diverse facial structures. 

Get more information on Venturi Mask Market by requesting a sample report

Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • COPD
  • Asthma
  • Others
• End-user
  • Hospitals and clinics
  • Homecare
  • ASCs
• Product Type
  • Adult Venturi Masks
  • Pediatric Venturi Masks
  • Disposable Adjustable Venturi Masks
• Geography
  • North America
    • US
    • Canada
  • Europe
    • France
    • Germany
    • Italy
    • UK
  • Asia
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of chronic respiratory disorders
• Increasing adoption of homecare
• Marketing strategies of vendors

However, the market also witnesses some limitations, which are as follows:

• Unfavorable reimbursement scenario
• Stringent regulatory approval process
• Intense competition among vendors

Benefits of Buying Global Venturi Mask Market Research Report by Technavio

Rich Experience: 20+ years leading global market research, trusted insights across industries.

Unlock Business Potential with Technavio: Maximize ROI with Technavio's tailored market research: deep dives and actionable insights.

Your Guide to Market Success: Empower your business with Technavio's market research and future-proof your decisions.

Market Scope in Venturi Mask Market Research Report

Find out which segment is leading the market by accessing the free PDF report

Research Analysis Overview

Title: Venturi Mask Market: Positive Changes, Regulations, and Economic Factors Shaping the Industry The Venturi mask market has experienced significant growth in recent years, driven by positive changes in regulations, social, economic, and political factors. According to subject-related expert advice and research methodology, the market is expected to continue this trend with estimates suggesting a product lifecycle of over a decade. Regulations have played a crucial role in the market's growth, with increasing focus on reducing preventable deaths from conditions like COPD and improving air quality. Political factors, such as healthcare costs and GDP growth rate, have also influenced the market's trajectory. Qualitative data from industry experts reveals that the homecare segment is expected to dominate the market, driven by an aging geriatric population and the increasing prevalence of chronic respiratory diseases. Quantitative data indicates that economic factors, such as the price of cigarettes and global air pollution levels, are significant market drivers. Pricing trends suggest a steady increase in the cost of venturi masks, reflecting the advanced technology and research and development investments required to produce them. The market's future growth is expected to be influenced by factors such as healthcare costs, GDP growth rate, and the impact of sports and air pollution on respiratory health. In conclusion, the Venturi mask market is poised for continued growth, driven by positive changes in regulations, economic, social, and political factors, and the increasing prevalence of chronic respiratory diseases in the elderly population.

Market Research Overview

In the business context, Technavio positions the market under review as a segment of the expansive global healthcare equipment industry. This sector encompasses organizations involved in the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are integral to the diagnosis, monitoring, and treatment of diverse disease areas. Technavio determines the size of the global healthcare equipment market by aggregating the revenues generated by manufacturers of diagnostic equipment and devices. The healthcare equipment sector is segmented into Devices, which includes advanced, differentiated, and clinically validated data-driven devices. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/