PUBLISHER: The Insight Partners | PRODUCT CODE: 1741992
PUBLISHER: The Insight Partners | PRODUCT CODE: 1741992
The Europe non-invasive ventilation masks market was valued at US$ 574.58 million in 2023 and is expected to reach US$ 922.02 million by 2031; it is estimated to register a CAGR of 6.1% from 2023 to 2031.
Growing Inclination Towards Home Healthcare Drive Europe Cosmetic Preservatives Market
A shift from long-term facilities, inpatient rehabilitation, and skilled nursing facilities to home care settings results in a better, consistent, and timely interaction between patient and doctor owing to the cloud and mobility-driven medical devices. The COVID-19 outbreak triggered home healthcare's importance due to limited hospital bed capacity and a scarcity of skilled healthcare professionals. With the help of home healthcare, healthcare professionals can monitor patient's vitals remotely and avoid hospital admissions.
Moreover, patients with conditions such as COPD, sleep apnea, and other respiratory issues are increasingly expressing a preference for at-home management of their ailments. Patients can use NIV therapy in the comfort of their homes without having to make frequent visits to the hospital. Home healthcare providers are prescribing NIV masks more frequently as a component of all-encompassing respiratory care plans.
Therefore, due to the growing traction toward home healthcare and increasing demand for more advanced, affordable, and easily navigable devices at home, the market for Noninvasive ventilation masks is gaining noticeable traction.
Europe Cosmetic Preservatives Market Overview
The Europe noninvasive ventilation masks market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. The regional market is driven due to the increasing prevalence of chronic respiratory diseases, including COPD, OSA, acute respiratory failure (ARF), the presence of prominent players such as Philips, Intersurgical, and Hamilton Medical in the Europe noninvasive ventilation masks market, and strategic developments made by NIV masks manufacturers. In June 2020, ReddyPort, a medical technology company, received CE Mark approval for ReddyPort Elbow, a solution that supports NIV success and allows clinicians to perform procedures through the ventilation mask. This product approval allows the company to commercialize it across the European Union and other CE Mark geographies, including Romania, Spain, France, and Austria.
Europe Cosmetic Preservatives Market Revenue and Forecast to 2031 (US$ Million)
Europe Cosmetic Preservatives Market Segmentation
The Europe non-invasive ventilation masks market is categorized into product, application, end user, and country.
By product, the Europe non-invasive ventilation masks market is bifurcated into noninvasive ventilation disposable mask and noninvasive ventilation reusable mask. The noninvasive ventilation disposable mask segment held a larger share of the Europe non-invasive ventilation masks market share in 2023.
In terms of application, the Europe non-invasive ventilation masks market is segmented into sleep apnea, chronic obstructive pulmonary disease, pneumonia, and others. The sleep apnea segment held the largest share of the Europe non-invasive ventilation masks market share in 2023.
Based on end user, the Europe non-invasive ventilation masks market is segmented into hospitals and clinics, home care, and others. The hospitals and clinics segment held the largest share of the Europe non-invasive ventilation masks market share in 2023.
Based on country, the Europe non-invasive ventilation masks market is segmented into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Germany segment held the largest share of Europe non-invasive ventilation masks market in 2023.
Air Liquide Medical Systems; Armstrong Medical Ltd; Besmed Health Business Corp; BMC Medical Co Ltd; DeVilbiss Healthcare LLC; Dimar S.P.A.; Dragerwerk AG & Co KGaA; Fisher & Paykel Healthcare Corp Ltd; Hamilton Medical AG; Hangzhou Formed Medical Devices Co., Ltd; Intersurgical Ltd; Koninklijke Philips NV; Medline Industries LP; ResMed Inc; Sleepnet Corporation; SunMed Group Holdings LLC ( AirLife); and SURU INTERNATIONAL PVT. LTD. are some of the leading companies operating in the Europe non-invasive ventilation masks market.