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The mucosal atomization devices market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

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The Mucosal Atomization Devices Market Size In 2022 And Forecast

The global mucosal atomization devices market is expected to grow from $0.66 billion in 2021 to $0.71 billion in 2022 at a compound annual growth rate (CAGR) of 7.22%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The mucosal atomization devices market is expected to grow to $0.96 billion in 2026 at a compound annual growth rate (CAGR) of 7.76%.

The mucosal atomization devices market consists of sales of mucosal atomization devices by entities (organizations, sole traders, and partnerships) that are used to deliver atomized medication to the mucosal surfaces of the nasal, oral, and larynx, trachea, and lungs.

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Increase In Prevalence Of Allergic Rhinitis And Sinus Globally Is Driving The Growth Of The Mucosal Atomization Devices Market

According to the data published by ‘Sinus and Allergy Wellness Centre’, a US-based organization, in the United States, in 2020, sinusitis has impacted 300 million or 11.6% of American adults. Therefore, the increasing prevalence of allergic rhinitis and sinus across the world drives the growth of the mucosal atomization devices market.

Competitive Landscape And The Regional Analysis Of The Mucosal Atomization Devices Market

Major players in the mucosal atomization devices market are Teleflex Incorporated, DeVilbiss Healthcare LLC, Becton Dickinson and Company, Kurve Therapeutics, Cook, Medica Holdings LLC, Life-Assist Inc, MedTree (BTME Group Ltd), Integra LifeSciences, BVM Meditech Private Limited, Drive Medical, DS Medical, Wolfetory Medical Inc, MILA International and Magal Healthcare Pvt Ltd.

Additionally, as per TBRC’s research – North America was the largest region in the mucosal atomization devices market in 2021 holding the largest market share and Asia Pacific is expected to be the fastest-growing region in the forecast period.

The Mucosal Atomization Devices Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the mucosal atomization devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the mucosal atomization devices market.

Strategic Partnerships – A Key Trend In The Mucosal Atomization Devices Market

Major companies operating in mucosal atomization devices are undergoing partnerships to strengthen their position in the market.

Mucosal Atomization Devices Market Segmentation By The Business Research Company

1) By Type: Nasal Atomization Devices, Fiber-Optic Atomization Devices, Laryngo-Tracheal Atomization Devices, Bottle Atomizer Devices

2) By Technology: Gas Propelled Atomization Devices, Electrical Atomization Devices

3) By End User: Hospitals, Ambulatory Surgical Centers, Specialized Clinics

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