Mucosal Atomization Devices Market Size, Growth Strategies 2023
The global mucosal atomization devices market size was valued at USD 682.5 million in 2022 and is poised to grow at a CAGR of 7.12% during the forecast period 2023 to 2029. The primary driver of the expansion of the global mucosal atomization devices market is the increasing adoption of these devices for faster drug delivery. The global mucosal atomization devices market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.
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The global mucosal atomization devices market segmentation:
1) By Type: Gas Propulsion Atomizer and Electronic Atomizer
2) By End User: Hospital, Ambulatory Surgery Center, and Specialist Clinic.
The gas-propelled segment held a considerable market share during the estimated period. Gas-powered delivery has the advantage of being very adaptable. The variety of liquefied gases on the market makes it possible to offer the full gamut of pressure ranges in a single container style. With a novel variation on the technique, this enables a single device system to manage a number of delivery choices, including various viscosities (up to 300 cP), injection volumes, and other parameters.
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North America is expected to have a significant share in the global mucosal atomization devices market over the forecast period. Due to technological developments in the healthcare sector, North America is anticipated to have the most revenue shares for mucosal atomization devices in the near future. The majority of drug delivery research centres globally are located in the United States, which is the industry's hub. Similar to developed countries, emerging nations are expanding their demand for technologically improved devices for faster delivery and better bioavailability for medication administration, which will surely drive the market's growth throughout the anticipated time.
The mucosal atomization devices market key players are Teleflex Incorporated, DeVilbiss Healthcare LLC, Becton, Dickinson and Company, Kurve Technology Inc., Cook Medical, Medica Holdings, Integra LifeSciences and BVM Meditech Private Limited.
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