North America Acute Respiratory Distress Syndrome (ARDS) Market is Expected to Reach USD 7,500.48 Million by 2029
Data Bridge Market research has a newly released expansive study titled “North America Acute Respiratory Distress Syndrome (ARDS) Market ” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases survival and success in the market.
North America acute respiratory distress syndrome (ARDS) market is expected to gain market growth in the forecast period of 2022 to 2029. Data Bridge Market Research analyses that the market is growing with a CAGR of 10.5% in the forecast period of 2022 to 2029 and is expected to reach USD 7,500.48 million by 2029. Increasing prevalence of COVID-19 act as driver for the acute respiratory distress syndrome (ARDS) market growth.
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Acute respiratory distress syndrome (ARDS) is a life-threatening lung injury that allows fluid to leak into the lungs. Most people who get ARDS are already at the hospital for trauma or illness like COVID-19. The syndrome usually occurs when fluids build up in the tiny, elastic air sacs called alveoli in lungs. This fluid build-up causes less oxygen reach the bloodstream. This deprives the organs to get enough oxygen for their normal function. People with other illness develops ARDS within few hours to days after the precipitating injury or infection. The risk of death increases with age and depending on severity of illness patients surviving the syndrome becomes hard. Severe illness or injury which causing damage to the membrane sacs of lungs leads to ARDS. The most common underlying causes for the said diseases includes sepsis, inhalation of harmful substances, severe pneumonia, head, chest or other major injury, coronavirus disease 2019 (COVID-19) and others.
Increasing prevalence and incidence of acute lung injury, wide range of risk factors for ARDS and acceleration in patient pool of covid-19 with ARDS acts as driver for the acute respiratory distress syndrome (ARDS) market. The other factors which are anticipated to propel the growth of the North America acute respiratory distress syndrome (ARDS) market include the rising rate of air pollution and life style related diseases and Increasing accident rates and trauma causing ARDS.
However, the factors such as the complications associated with treatments, high cost of devices and treatments are hampering the growth of the North America acute respiratory distress syndrome (ARDS) market. On the other hand, the growing geriatric population, rising healthcare expenditure and strategic Initiatives by market players act as an opportunity for the growth of the North America acute respiratory distress syndrome (ARDS) market. The stringent Regulations for approval and multiple challenges faced by ICU nurses is the key market challenge faced in the North America acute respiratory distress syndrome (ARDS) market.
Fundamental Aim of this Market Report
- Factors influencing This Market Size and growth rate.
- Major alterations to this market in the near future.
- Notable Market rivals around the world.
- Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
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Acute Respiratory Distress Syndrome (ARDS) Market Scope and Market Size
The acute respiratory distress syndrome (ARDS) market is segmented on basis of cause, type, route of administration, end users and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of cause, the North America acute respiratory distress syndrome (ARDS) market is segmented into coronavirus disease 2019 (COVID-19), sepsis, inhalation of harmful substances, severe pneumonia and others. In 2022, coronavirus disease 2019 (COVID-19) segment is expected to dominate the market as the disease has spread all over the region with huge death rates.
- On the basis of type, the North America acute respiratory distress syndrome (ARDS) market is segmented into diagnosis and treatment. In 2022, diagnosis segment is expected to dominate the market as people were more aware of the timely diagnosis for proper treatment for deadly disorder.
- On the basis of route of administration, the North America acute respiratory distress syndrome (ARDS) market is segmented into oral, parenteral and others. The parenteral segment is further segmented into intramuscular and intravenous. In 2022, parenteral segment is expected to dominate the market due to high range of products getting approved by FDA with increasing number of products under pipeline.
- On the basis of end-users, the North America acute respiratory distress syndrome (ARDS) market is segmented into hospitals, specialty clinics, home healthcare and others. In 2022, hospitals segment is expected to dominate the market due to high technological developments in developed part of country.
- On the basis of distribution channel, the North America acute respiratory distress syndrome (ARDS) market is segmented into direct tender, hospital pharmacy, retail pharmacy, online pharmacy and others. In 2022, direct tender segment is expected to dominate the market as the players are taking strategic initiatives in expanding their distribution channel for worldwide supply.
Key highlights of this Market report:
- Growth rate
- Remuneration prediction
- Consumption graph
- Market concentration ratio
- Secondary industry competitors
- Competitive structure
- Major restraints
- Market drivers
- Regional bifurcation
- Competitive hierarchy
- Current market tendencies
- Market concentration analysis
What benefits does the DBMR study is going to provide?
- Latest industry influencing trends and development scenario
- Open up New Markets
- To Seize powerful market opportunities
- Key decision in planning and to further expand market share
- Identify Key Business Segments, Market proposition & Gap Analysis
- Assisting in allocating marketing investments
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Regulations
- Market Overview
Continued…
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Acute respiratory distress syndrome (ARDS) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to acute respiratory distress syndrome (ARDS) market.
The major companies which are dealing in the acute respiratory distress syndrome (ARDS) are Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited., LivaNova PLC, Gilead Sciences, Inc., Fresenius SE & Co. KGaA, Armstrong Medical, Smiths Medical (part of ICU Medical, Inc.), ResMed, ALung Technologies, Inc., Medtronic, F. Hoffmann-La Roche Ltd, Hamilton Medical, nice Neotech Medical Systems Pvt. Ltd., Pfizer Inc., WEINMANN Emergency Medical Technology GmbH + Co. KG, NIPRO, Terumo Medical Corporation, Getinge AB., EUROSETS and among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Key Benefits of the Report:
- This study presents the analytical depiction of this industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of this market share.
- The current market is quantitatively analyzed to highlight the market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed this industry analysis based on competitive intensity and how the competition will take shape in the coming years.
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