Venturi Mask Market Share

North American Market Forecast

Venturi mask market in North America is predicted to account for the largest share of 40% by 2035 impelled by the rising spending in healthcare. The yearly GDP growth rate in the United States is currently over 1% slower than healthcare costs, and the amount spent on healthcare in the US will amount to more than USD 6 trillion by 2028. As a result, this would improve access to medical facilities in the region, leading to more patients seeking treatment for respiratory conditions. This may lead to an increase in demand for venturi masks. The cost of healthcare in the United States in 2021 was over USD 4 trillion, or roughly USD 12,800 per person on average.

APAC Market Statistics

The APAC venturi mask market is estimated to be the second largest, during the forecast timeframe led by increasing awareness among patients regarding respiratory conditions. As a result, people in the region would not ignore their respiratory health and seek timely diagnoses of their conditions. Eventually, this would create more demand for venturi masks in the area.

Frequently Asked Questions (FAQ)

Growing air pollution across the globe and the rising technological advancements are the major factors driving the growth of the market.

The market size of Venturi Mask is anticipated to attain a CAGR of 10% over the forecast period, i.e., 2023 â€“ 2035.

The major players in the market are Airways Surgical Pvt. Ltd., Besmed Health Business Corp., Braun & Co. Ltd., Flexicare (Group) Ltd., For Care Enterprise Co. Ltd., JG Moriya, Medline Industries Inc.

The COPD segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.

Venturi Mask Market Share