Global Diaphragm Pacing Therapy System Market Report 2021 Size, Share, Growth and Forecast to 2028
The Global Diaphragm Pacing Therapy System Market size is estimated to reach $9.41 Million by 2026, growing at a CAGR of 5.1% over the forecast period of 2021-2026.
Therapy for those who require the use of a ventilator and cannot breathe on their own. The Diaphragmatic Pacing System (DPS) can give part-time or full-time breathing assistance to those who ordinarily need a mechanical ventilator. In addition, the patient, family, and carers will be informed about the whole treatment process.
Compared to mechanical ventilators, the diaphragm pacemaker is more accurate and comfortable, and it lowers the risk of upper airway infections, including ventilator-associated pneumonia. The deployment of diaphragm pacing treatment systems is also fuelled by favorable regulatory rules and approvals.
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Key Market Players
Key Players in Global Diaphragm Pacing Therapy System Market consist of Lungpacer Medical Inc.; Avery Biomedical Devices, Inc.; Synapse Biomedical; Atrotech , among others.
Global Diaphragm Pacing Therapy System Market Overview
The Global Diaphragm Pacing Therapy System Market size is estimated to reach $9.41 Million by 2026, growing at a CAGR of 5.1% over the forecast period of 2021-2026.
Therapy for those who require the use of a ventilator and cannot breathe on their own. The Diaphragmatic Pacing System (DPS) can give part-time or full-time breathing assistance to those who ordinarily need a mechanical ventilator. In addition, the patient, family, and carers will be informed about the whole treatment process.
Compared to mechanical ventilators, the diaphragm pacemaker is more accurate and comfortable, and it lowers the risk of upper airway infections, including ventilator-associated pneumonia. The deployment of diaphragm pacing treatment systems is also fuelled by favorable regulatory rules and approvals.
Market Dynamics
Driver:
Increasing prevalence of Spinal Cord Injuries drives the market demand
Increased incidence of SCI (Spinal Cord Injuries) and rising occurrences of ALS are two primary market driving factors for the worldwide Diaphragm Pacing Therapy System market (Amyotrophic lateral sclerosis).
According to a 2019 study from the National Spinal Cord Injury Statistical Center, roughly 17,730 new SCI cases are reported per year, and nearly 249,000 to 363,000 people in the United States are now living with SCI.
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Challenge:
The surge in usage of Hospital Applications is set to limit the market growth.
The diaphragm pacing treatment system is mainly used in hospitals, ambulatory surgical centers, and other settings. Hospitals are the most significant end consumers in the market among them. This is attributable to SCIs, which have grown in popularity as the quantity and frequency of instances involving SCIs have increased.
Furthermore, accidents or wrecks while driving or participating in sports activities increase the number of patients admitted to hospitals who require diaphragm pacing treatment devices.
Developments
In April 2020, The FDA granted permission to Lung pacer Medical. This was approved for emergency usage permission. As a result, patients with COVID-19 are being treated using diaphragm pacing treatment devices.
Report Coverage and Scope
The report “Global Diaphragm Pacing Therapy System Market”, by Research Informatic covers an indepth detailed analysis for the following segment, which are covered under the scope.
By Product• External Diaphragm Pacemaker
• Diaphragm Pacemaker
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By Applications• Spinal Cord Injury
• Amyotrophic Lateral Sclerosis
• Others
Geography
• North America
• Europe
• APAC
• RoW
TOC:
Chapter 1 Diaphragm Pacing Therapy System Market Overview
1.1 Product Overview and Scope of Diaphragm Pacing Therapy System
1.2 Diaphragm Pacing Therapy System Market Segmentation by Type
1.2.1 Global Production Market Share of Diaphragm Pacing Therapy System by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
TOC Continued…
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