Mucosal Atomization Devices Market 2022 Production Analysis – Key Players: Teleflex Incorporated, DeVilbiss Healthcare LLC, Cook Medical Incorporated, and Medica Holdings-2022-2029
A new market research report by Future Market Insights on
the mucosal
atomization devices market includes global industry analysis 2014–2021
and opportunity assessment 2022–2029. Mucosal atomization devices market was
valued at ~US$ 490.2 Mn in 2022, and is expected to increase at a robust
CAGR of ~8% during the forecast period. The demand growth is majorly driven by
superior efficiency and painless drug delivery nature of mucosal automization
devices, according to the report.
The market is still young, and FMI’s analysis expects a
considerable increase in penetration rate over the course of coming years, in
line with the thriving trends, such as non-invasive treatments and needleless
drug delivery systems.
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Developed regional markets are expected to hold prominent
market share in terms of value. The market in Asia Pacific is also expected to
grow at a significant rate. North America is expected to account for leading
revenue shares in the mucosal atomization devices over the foreseeable future,
predominantly attributing to the technological advancements in the field of
healthcare. The rate of adoption of drug delivery devices has been envisaged to
remain high in Europe, which is driving the region’s mucosal atomization
devices market. On the other side, the market in Asia Pacific is expected to
grow at a significant growth rate as a result of the increasing frequency of
new and efficient medical device launches.
Mucosal Atomization Devices Market Segmentation
The global market of mucosal atomization devices has been
segmented on the basis of product type, technology, end user and regions such
as North America, Latin America, Europe, South Asia, East Asia, Oceania, and
Middle East and Africa
By product type, nasal atomization devices are expected to
hold prominent value shares of the global mucosal atomization devices market.
Nasal passage is the most common route of administration, hence, nasal
atomization devices are expected to show significant growth in the mucosal
atomization devices market.
On the basis of technology, gas propelled atomization
devices are expected to hold a large revenue share in the mucosal atomization
devices market. Most of the key players operating in mucosal atomization
devices market, are manufacturing gas propelled mucosal atomization devices.
On the basis of end user, hospitals hold a significant share
in the mucosal atomization devices market. The number of hospitals are
increasing, especially in the developed regions, which is expected to increase
the demand for mucosal atomization devices, increasing the growth of the
mucosal atomization devices market.
Mucosal Atomization Devices Market: Vendor Insights
The report highlights some of the prominent market players,
who have established themselves as leaders in the global mucosal atomization
devices market. Some of the examples of key players in the global mucosal
atomization devices market are Teleflex Incorporated, DeVilbiss Healthcare LLC,
Cook Medical Incorporated, and Medica Holdings, LLC, Kurve Technology. There
are only few key players in the mucosal atomization devices market.
Key players are majorly focusing on the development of new
and technologically advanced mucosal atomization devices. Key players are also
involved in acquisitions and collaborations, which can increase the growth of
the mucosal atomization devices market.
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