Mucosal Atomization Devices Market is Projected to Grow Significantly to Reach US$ 837.7 Million By 2029
According to Future Market Insights (FMI), the global mucosal atomization devices market was valued at US$ 460.4 Mn in 2021 and is predicted to reach US$ 837.7 Mn by 2029. The demand growth is majorly driven by superior efficiency and painless drug delivery nature of mucosal atomization 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.
To learn more about this report: https://www.futuremarketinsights.com/reports/mucosal-atomization-devices-market
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.
Key Companies Profiled:
- Teleflex Incorporated
- DeVilbiss Healthcare LLC
- Cook Medical
- Medica Holdings, LLC.
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