Global High-Frequency Chest-Wall Oscillation Devices Market Growth Analysis 2024 – Forecast Market Size And Key Factors Driving Growth

Overview and Scope

High-frequency chest-wall oscillation (HFCWO) devices refer to medical devices used for airway clearance therapy. These devices deliver external mechanical vibrations to the chest wall, which help to mobilize and clear mucus from the lungs.

Sizing and Forecast

The high-frequency chest-wall oscillation devices market size has grown strongly in recent years. It will grow from $2.29 billion in 2023 to $2.47 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to the increasing prevalence of respiratory diseases, the growing aging population, increasing awareness and diagnosis, increasing disposable income, and the rising prevalence of respiratory conditions.

The high-frequency chest-wall oscillation devices market size is expected to see strong growth in the next few years. It will grow to $3.34 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to increasing the number of COPD patients, increasing awareness about the benefits of airway clearance therapy, growing R&D investment, growing awareness about the benefits of HFCWO devices, and rising geriatric population. Major trends in the forecast period include increase in research activities, adoption of wearable HFCWO devices, integration of smart technology, shift towards home healthcare and telehealth services, and growing focus on pediatric care.

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Segmentation & Regional Insights

The high-frequency chest-wall oscillation devices market covered in this report is segmented –

1) By Type: Afflovest, Vest Type, Smartvest, Respirtech
2) By Technology: Percussion, Compression, Vibration
3) By Patient Population: Pediatric, Adult, Geriatric
4) By Application: Clinics, Hospitals, Other Applications

North America was the largest region in the high-frequency chest-wall oscillation devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the high-frequency chest-wall oscillation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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Major Driver Impacting Market Growth

The rising prevalence of chronic obstructive pulmonary diseases is expected to propel the growth of the high-frequency chest wall oscillation (HFCWO) devices market going forward. Chronic obstructive pulmonary disease (COPD) is a type of progressive lung disease characterized by long-term respiratory symptoms and airflow limitation. COPD cases are the result of smoking, environmental pollutants, genetic predisposition, and an aging population. High-frequency chest wall oscillation (HFCWO) devices aid in managing chronic obstructive pulmonary disease (COPD) by mobilizing and clearing mucus from the airways, reducing infection risks, enhancing lung function, and improving patient comfort. For instance, according to the Scottish Public Health Observatory, a Scotland-based public health agency, COPD rates began rising in 2021-22 as the effects of COVID-19 lessened. The rate among males rose from 83.2 to 97.6 cases per 100,000, while it increased from 72.6 to 97.3 among females. Therefore, the rising prevalence of chronic obstructive pulmonary diseases drives the growth of the high-frequency chest wall oscillation (HFCWO) devices market.

Key Industry Players

Major companies operating in the high-frequency chest-wall oscillation devices market are F. Hoffmann-La Roche AG, Medtronic plc, Becton, Dickinson and Company, Koninklijke Philips N.V., Baxter International Inc., Medline Industries LP., Hill-Rom Holdings Inc., Teleflex Incorporated, Lincare Holdings Inc., Tactile Medical, Vapotherm Inc., Aerogen, Electromed Inc., Trudell Medical International, Monaghan Medical Corporation, Hayek Medical, Ventec Life Systems, Respinova Ltd., PARI Medical Holding GmbH, Drägerwerk AG & Co. KGaA

The high-frequency chest-wall oscillation devices market report table of contents includes:

1. Executive Summary
2. High-Frequency Chest-Wall Oscillation Devices Market Characteristics
3. High-Frequency Chest-Wall Oscillation Devices Market Trends And Strategies
4. High-Frequency Chest-Wall Oscillation Devices Market – Macro Economic Scenario
5. Global High-Frequency Chest-Wall Oscillation Devices Market Size and Growth
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32. Global High-Frequency Chest-Wall Oscillation Devices Market Competitive Benchmarking
33. Global High-Frequency Chest-Wall Oscillation Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The High-Frequency Chest-Wall Oscillation Devices Market
35. High-Frequency Chest-Wall Oscillation Devices Market Future Outlook and Potential Analysis
36. Appendix