Venturi Mask Market Trends

Growth Drivers

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

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.
Regulatory Compliance
Dearth of Awareness

Venturi Mask Market: Key Insights

Base Year	2023
Forecast Year	2024-2036
CAGR	10.4%
Base Year Market Size (2023)	USD 3.31 Billion
Forecast Year Market Size (2036)	USD 11.99 Billion
Regional Scope	North America (U.S., and Canada) Latin America (Mexico, Argentina, Rest of Latin America) Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific) Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe) Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of venturi mask is assessed at USD 3.62 Billion.

The venturi mask market size was valued at USD 3.31 Billion in 2023 and is set to reach USD 11.99 Billion by the end of 2036, registering around 10.4% CAGR during the forecast period i.e., between 2024-2036. Growing air pollution across the globe and the rising technological advancements are the major factors driving the growth of the market.

North America is predicted to account for the largest share of 40% by 2036, impelled by rising spending in healthcare in the region.

Becton, Dickinson and Co., Airways Surgical Pvt. Ltd., Besmed Health Business Corp., Braun & Co. Ltd., Flexicare (Group) Ltd., For Care Enterprise Co. Ltd., JG Moriya, Medline Industries Inc., Smiths Medical Inc., SunMed, Fisher & Paykel Healthcare, Terumo Corporation

Venturi Mask Market Trends