When a fluid (either gas or liquid) travels through an hourglass-shaped pipe, there is a reduction in pressure of the fluid in the throat of the pipe, and the velocity of the fluid increases in the throat area, this is known as the Venturi effect. Depending on the Venturi effect, a medical device or Venturi mask is used to deliver a known concentration of oxygen to the patient under controlled oxygen therapy. Entrapping the ambient air, the Venturi mask delivers constant air flow to the patient through a small port on the mask. This type of mask can deliver oxygen (concentration varies between 24% and 80% with velocity 4-12 L/minute). There are several connectors of different colors, which indicate the specific concentrations of oxygen. The Venturi mask is less comfortable and provides less humidification effects, as compared to nasal cannula. It is particularly effective for patients suffering from asthma and chronic obstructive pulmonary disease (COPD).

The global venture mask market is driven by factors such as epidemiology of asthma and COPD patients, high diagnosis rate and treatment rate of the asthma and COPD, and the availability of cost-effective products. As venturi mask is less comfortable than a nasal cannula, and it provides less humidification effects to the patients. These technical limitations are likely to restrain the market. On the other hand, increasing investments in R&D and continuous innovation and developing healthcare facilities are estimated to present significant opportunities for the global venturi mask market in the near future.

Based on type of mask, the global venturi mask market can be segmented into adult and pediatric venturi mask. Both adult and pediatric masks are differentiated by oxygen concentration, depending upon the patient conditions. In terms of application, the global Venturi mask market can be classified into chronic obstructive pulmonary disease, asthma, respiratory distress syndrome, pneumonia, myocardial infarction, and others. In terms of end-user, the global Venturi mask market can be segregated into hospitals, out-patient clinics, and others. Venturi masks are largely consumed by hospitals; however, the usage of the venturi masks in households has been increasing significantly for the last five years.

In terms of geography, the global Venturi mask market can be differentiated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America and Europe are projected to hold a major share of the global venturi mask market, owing to the higher rate of asthma and COPD patients in these regions. According to the Centers for Disease Control and Prevention, the prevalence of adults who are suffering from asthma is estimated to 7.6% in the U.S. in 2017, while the estimated prevalence of COPD in the U.S. is 15.2% in the same year. In Europe, the prevalence of asthma in adults is 8.2% and 9.4% in children. While the estimated prevalence of COPD in Europe is 8% to 10% in 2017. Apart from higher prevalence of asthma and COPD, other factors that drive the North America and Europe Venturi mask market are high rate of diagnosis and treatment rate, availability of branded and local players, developed healthcare facilities, and technological d. According to the Journal of Global Health, the estimated prevalence of COPD in Southeast Asia was 10.0% in 2016. The Global Asthma Report, 2011 demonstrated that the prevalence of asthma in the South East Asia was around 11.0% in 2016. The Asia Pacific Venturi mask market is anticipated to expand at a significant growth rate during the forecast period due to the significant patient pool and improving healthcare facilities in the region. Latin America and Middle East & Africa are anticipated to be moderate contributors to the global venturi mask market.

Notable players operating in the global Venturi mask market include Flexicare Medical Limited, Braun & Company Ltd, Airways Corporation, Salter Labs®, Smiths Group plc., Medline Industries, Inc., and Besmed Health Business Corp.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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