SEATTLE, July 20, 2021 (GLOBE NEWSWIRE) -- Global Mesh Nozzle Plates Market to Surpass US$ 27.7 Million by 2028; Increasing product approvals bolstering the Market Growth, Says Coherent Market Insights (CMI)
According to Coherent Market Insights, the global mesh nozzle plates market is estimated to be valued at US$ 19.3 million in 2021 and is expected to exhibit a CAGR of 5.3 % during the forecast period (2021-2028).
Key Trends and Analysis of the Global Mesh Nozzle Plates Market:
Key trends in the market include increasing production of ventilators, increasing number of product launches, and increase in issuance of guidance documents by regulatory authorities.
Increasing production of ventilators for the treatment of COVID-19, is expected to fuel the market growth of global mesh nozzle plates market over the forecast period. For instance, in April 2020, The Advanced Medical Technology Association in the U.S. announced, its member respiratory device companies have dramatically increased their current production capacity in response to the coronavirus outbreak, producing 2,000-3,000 ventilators per week on average. By the end of April 2020, company officials ramped up the production to unprecedented levels, producing between 5,000 and 7,000 ventilators per week to meet the most pressing needs of the U.S.
Request for Sample copy of this Report @ https://www.coherentmarketinsights.com/insight/request-sample/4530
The increasing number of product approvals and launches are expected to bolster growth of the global mesh nozzle plates market. For instance, on October 29, 2018, Royal Philips, a global leader in health technology, announced the release of InnoSpire Go in the U.S. The InnoSpire Go is Philips' smallest and lightest portable hand-held nebulizer system, designed to deliver medication in four minutes or less, cutting treatment time by up to 25%.
Increase in issuance of guidance documents by the U.S. regulatory authorities regarding ventilator use is expected to drive the growth of the global mesh nozzle plates market. For instance, on March 22, 2020, the U.S. Food and Drugs Administration issued a guidance document titled ‘Enforcement Policy for Ventilators and Accessories and Other Respiratory Devices during the Coronavirus (COVID-19) Public Health Emergency’, to assist in increasing the availability of ventilators, as well as other respiratory devices and their accessories, during the COVID-19 pandemic.
Key Market Takeaways:
Increasing research and development activities, rising product launches and approvals, inorganic activities such as collaborations, acquisitions, and others are expected to drive growth of the global mesh nozzle plates market over the forecast period. For instance, on May 12, 2020, Belkin, a global consumer electronics leader, announced its collaboration with the University of Illinois at Urbana-Grainger Champaign's College of Engineering for the design of the FlexVentTM Gas-Operated Ventilator ("FlexVent") and Belkin's production of the FlexVent, pending the Food and Drug Administration's review and approval of its Emergency Use Authorization application (FDA).
Competitive Landscape:
Key players operating in the global mesh nozzle plates market include Veco B.V., Aerogen Ltd., temicon GmbH, Hamilton Medical, Belkin International, Getinge (Electrolux AB), Omron Corporation, TEKCELEO, APC International, Ltd., and Maidencreek Manufacturing Sales LLC.
Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/4530
Market Segmentation:
- Global Mesh Nozzle Plates Market, By Material Type:
- Metals and Alloys
- Engineered Plastic
- Ceramics or Piezoceramics
- Global Mesh Nozzle Plates Market, By Application:
- Medical
- Cosmetics
- Others
- Global Mesh Nozzle Plates Market, By End User:
- Hospitals
- Medical Device Industries
- Others
- Global Mesh Nozzle Plates Market, By Region:
- North America
- By Country:
- U.S.
- Canada
- By Country:
- Latin America
- By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- By Country:
- Europe
- By Country:
- U.K.
- Germany
- Italy
- Spain
- France
- Russia
- Rest of Europe
- By Country:
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- By Country
- Middle East
- By Country:
- GCC
- Israel
- Rest of Middle East
- By Country:
- Africa
- By Country/Region:
- South Africa
- Central Africa
- North Africa
- By Country/Region:
- North America
Related Market Intelligence Reports:
Gas Separation Membrane Market, by Product Type (Polyimide & Polyaramide, Polysulfone, Cellulose Acetate, and Others), by Module (Hollow Fiber, Spiral Wound, Plate and Frame, and Others), by Application (Nitrogen Generation & Oxygen Enrichment, Hydrogen Recovery, Carbon Dioxide Removal, Vapor/gas Separation, Vapor/vapor Separation, Air Dehydration, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028
Read more: https://www.coherentmarketinsights.com/market-insight/gas-separation-membrane-market-4476
Orthopedic Biomaterial Market, By Material Type (Glass-ceramic & Bioactive Glasses, Calcium Phosphate Cements, Polymer, Metals, Composites), By Application (Joint Replacement, Spine Implants, Orthobiologics, Viscosupplementation, Bio-resorbable Tissue Fixation), By End User (Hospitals, Orthopedic Clinics, Others), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027
Read more: https://www.coherentmarketinsights.com/market-insight/orthopedic-biomaterial-market-4474
About Us:
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having sales office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 57 countries worldwide.