Venturi Mask Market Growth Drivers and Challenges:
Growth Drivers
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Rising Popularity of Sports – More sports activities could result in respiratory conditions which could lead to higher demand for venturi masks among sportspersons to manage the respiratory conditions.
More than 19% of Americans participated in sports and exercise every day in 2019. -
Growing Geriatric Population- It is expected that the growing trend among the elderly to receive care for various diseases including respiratory conditions in home settings may increase the demand for venturi masks.
Lately, over 8% of the world's population, is over the age of 65, and by 2050 this figure is expected to rise to more than 15%.
Challenges
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Availability of Alternative Oxygen Delivery Devices – There are many other oxygen delivery devices such as anesthetic facemasks, respiratory drugs, endotracheal tubes, and nasal cannulas (aka nasal prongs) are cost-effective options that are easily available in the market. This may limit the adoption of a venturi mask as an oxygen delivery device.
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Regulatory Compliance
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Dearth of Awareness
Venturi Mask Market Size and Forecast:
|
Base Year |
2025 |
|
Forecast Period |
2026-2035 |
|
CAGR |
7.4% |
|
Base Year Market Size (2025) |
USD 2.22 billion |
|
Forecast Year Market Size (2035) |
USD 4.53 billion |
|
Regional Scope |
|
