Nebulizer Market is valued around USD 1020.1 Million in 2022 and expected to reach USD 1612.51 Million by 2029 with the CAGR of 6.76% over the forecast period.
Increased prevalence of respiratory disorders and an increase in disposable income and patient awareness are the key drivers for Global Nebulizer Market.
Nebulizer market report published by the Brandessence Market Research and Consulting Pvt. Ltd. provides the detail information nebulizer market from various aspects. This report consists of drivers, restrains, opportunities which help the market to grow over the analysis period and recent trends which support the growth of market. This report consists of regional segmentation with product type, and end user.
Nebulizer is a medical device which is used for the treatment of respiratory disorders such COPD, asthma and others. It helps in the treatment of respiratory passage inflammation caused by pollutants and others materials. These devices convert the liquid drug into mist or aerosols helps in the respiration. It comes with rechargeable battery electrically powered for wide usage.
Nebulizer is referred to as a type of medical device equipped with the ability to transformed liquid medicine into mist so that it can be directly inhaled by a patient using a mask or mouthpiece. It is predominantly used to treat a wide range of respiratory ailments including cystic fibrosis, COPD, and asthma, among others.
The growing prevalence of respiratory disorders, surge in the elderly population base, and technological innovations in the field are primarily augmenting the outlook of this business vertical.
Furthermore, rising R&D investments in the field, growing health cognizance of the masses, coupled with the rapidly evolving healthcare infrastructure are adding momentum to the progression of this industry sphere.
Also, increasing healthcare expenditure, escalating demand for home healthcare, and rising trends of unhealthy lifestyle among the masses are creating lucrative opportunities for this market to prosper.
Moreover, rising focus of key players to develop and launch effective nebulizers, increase adoption of jet nebulizers, growing occurrence of respiratory ailments among children, and emergence of new players in the market are stimulating the overall dynamics of the Global Nebulizer Market.
There are various factors driving the growth of the nebulizer, one of the major factors driving the growth in this market are increased prevalence of respiratory diseases due to the congenital, habitual and environmental reasons. As per the WHO 2017 report, around 235 million people suffers from Asthma and it is one of the major non-communicable diseases. In addition, increasing awareness among patients and rise in disposable income of people are expected to support the growth of market. Furthermore, increase in the awareness among patient and increase in disposable income of people are expected to support the growth of market. Several companies are introducing various cost effective and portable nebulizers which make it easier to use while travelling is also one of the driving factor in this market.
Global nebulizer system market report covers prominent players like DeVillbiss Healthcare, GE Healthcare, Becton Dickinson, Philips Healthcare, Omron Healthcare Inc, PARI Respiratory Equipment, Allied Healthcare Products, Aerogen, Medtronics PLC, PARI GmbH and others.
The Nebulizer Industry in UAE is reckoned to amplify substantially over the forecast duration. This is attributable to the growing prevalence of respiratory ailments, increase in the geriatric population, and rising healthcare expenditure in the country. Further, with rapid economic developments, there have widespread evolutions in the medical infrastructure of the country. Alongside, the presence of top market players, rising life expectancy, growing disposable income levels, along with surge in the number of government-led projects to bring robust transformation in the UAE healthcare dynamics. Besides, rising R&D activities in this sector, technological innovations, along with escalating demand for home healthcare solutions are adding momentum to the growth of this industry.
Report Analysis | Details |
---|---|
Historical data | 2016 - 2021 |
Forecast Period | 2022 - 2029 |
Market Size in 2022: | USD 1020.1 Million |
Base year considered | 2021 |
Forecast Period CAGR %: | 6.76% |
Market Size Expected in 2029: | USD 1612.51 Million |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Key Players/Companies | DeVillbiss Healthcare, GE Healthcare, Becton Dickinson, Philips Healthcare, Omron Healthcare Inc, PARI Respiratory Equipment, Allied Healthcare Products, Aerogen, Medtronics PLC, Briggs Healthcare, GF HEALTH PRODUCTS INC., Trudell Medical International, Teleflex Medical Inc., Vectura Group Plc., Beurer GmBH, LAICA International Corporation, Invacare Corporation, and others. |
Segments Covered | By End-User, By Product Type |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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