Global Positive Airway Pressure Devices Market Report 2023 | Market Size, Share, Growth, Opportunities, Scope

VALLEY COTTAGE, N.Y. (GLOBE NEWSWIRE) -- A new market research report by Future Market Insights (FMI) on the oscillating positive expiratory pressure (OPEP) devices market includes global industry analysis 2014–2018 and opportunity assessment 2019–20289.

According to report findings, the global oscillating positive expiratory pressure devices market was valued ~US$ 100.0 Mn in 2018, and is expected to increase at a CAGR of ~5% during the forecast period of 2019 and 2029.The study opines that the global OPEP devices market is projected to witness significant growth over the forecast period due to multiple driving factors such as increasing regional availability of the oscillating positive expiratory pressure devices.

This growth is majorly propelled by increasing regional manufacturers resulting in increased product availability at affordable costs.Furthermore, prevalence of chronic obstructive pulmonary diseases (COPD) is on the rise due to increasing smoking population in China and aging population in Japan with respiratory disorders.

This, according to FMI’s analysis, has majorly resulted from the ease of use of these devices as well as comparatively wider availability in the market.On the other side, based on indication, the COPD is likely to consume a majority share of the oscillating positive expiratory pressure devices market value.

Although, cystic fibrosis is rare disease and has limited patient pool yet adoption of oscillating positive expiratory pressure devices remains highest in cystic fibrosis patients.OPEP Devices Market: Vendor InsightsThe report highlights some of the prominent market players, who have established themselves as leaders in the global oscillating positive expiratory pressure devices market.

Some of the prominent key players in the global OPEP devices market are Smiths Medical Inc., Allergan plc, PARI GmbH, Monaghan Medical Corporation, Trudell Medical International, Actegy Health Ltd., WyMedical Pty Ltd, R. Cegla GmbH & Co. KG, etc.The global oscillating positive expiratory pressure devices market is significantly consolidated, with top two players holding prominent shares in the market revenues.

Global Oscillating Positive Expiratory Pressure (OPEP) Devices Market – OverviewThe oscillating positive expiratory pressure (OPEP) devices are the ones which are used for clearing secretions from the airways.

The device is used for removing excessive mucus that is produced because of these disorders.

It helps in loosening the walls of lungs and makes breathing easy.Request Brochure – https://www.transparencymarketresearch.com/sample/sample.php?flag=B_id=77686 Global Oscillating Positive Expiratory Pressure (OPEP) Devices Market – Competitive LandscapeThe global oscillating positive expiratory pressure (OPEP) devices market has a highly consolidated vendor landscape.

Moreover, they are also resorting to aggressive marketing strategies such as mergers, takeovers, strategic alliances, and partnerships to move ahead of the competitive curve.

With such large patient pool, the market is expected to leverage substantial growth opportunities in the coming years of the forecast period.In addition to this, in recent years, there have been massive developments in terms of research and studies.

As per the findings published by the Center for Disease Control and Prevention (CDC) on an average, 1 in 13 people in America is suffering from asthma.