Venturi Mask Market Regional Analysis:
North America Market Insights
North America industry is predicted to dominate majority revenue share of 40% by 2035. 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 Insights
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.
