Certified Global Research Member
Key Questions Answered
- Global Market Outlook
- In-depth analysis of global and regional trends
- Analyze and identify the major players in the market, their market share, key developments, etc.
- To understand the capability of the major players based on products offered, financials, and strategies.
- Identify disrupting products, companies, and trends.
- To identify opportunities in the market.
- Analyze the key challenges in the market.
- Analyze the regional penetration of players, products, and services in the market.
- Comparison of major players’ financial performance.
- Evaluate strategies adopted by major players.
- Recommendations
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
The nebulizers market is witnessing dynamic growth, driven by the increasing prevalence of respiratory disorders such as asthma and chronic obstructive pulmonary disease (COPD). Nebulizers are medical devices that convert liquid medication into a fine mist, allowing patients to inhale the medication directly into their lungs, providing effective and rapid relief for respiratory conditions.
Worldwide the high prevalence of respiratory diseases plays a key role in the dynamics of the market. Since the number of such chronic respiratory diseases like asthma and COPD shows increasing tendency, the demand for nebulizers as the comfortable and effective way of respiratory medications is growing as well.
The market includes different types of nebulizers, i. e., portable and handheld. The main reason why most people prefer these devices is that it allows one to go about their activities amid their respiratory disease management without any hindrance.
Engineered continuous technological innovations specially in nebulizer designing is also one of the main factors in market dynamics. Technology has been oriented towards the increase of efficiency, the decrease of noise levels, as well as the improvement of the fuzzy interface, which makes the nebulizers more tolerant and comfortable for the patients.
The pediatric nebulizers is a separate segment in the market of nebulizers and especially created for the child clients with respiratory problems. The reduced noise level, attractive child-friendly designs, and colorful accessories make nebulizers more accepted and commonly used by those pediatric patients.
The market is being driven by the increasing self-adsorption to home healthcare. Nebulizers, easy to use at home, represent a convenient option for patients to self-manage most respiratory conditions from home, thus driving market development.
The changing demographics of an aging population has the twofold related influence on the market dynamics: first, senior latter-lifers suffer more frequently from respiratory diseases. The growing geriatric population creates a need for nebulizers because they are essential for the management of chronic respiratory conditions, common to the eldery.
The market has been accommodating the nebulizer usage synchronization with telemedicine systems. This results in the ability to remedy pers 1b 1b borders patients res pitory crs titions, provide guidance on the u g of nebulizers and the u e o s to vary ir action plans, which in turn enhanced the overall management of respiratory diseases.
The nebulizers market is growing in emerging economies where the availabillity of health care is increasing. Awareness and accessibility towards respiratory health and increasing disposable incomes boost the acceptance of the nebulizers in such regions.
Nebulizers Market Highlights:
Global Nebulizers Market Overview
Nebulizers Market is expected to hold a value of USD 1.45 Billion by 2032 and is expected to register a growth of 6.9% from 2023 to 2032. Nebulizers are a device that has the capability of changing a medication from a liquid to a mist so that it can be inhaled into the lungs. High demand for respiratory devices, including nebulizers, due to the outbreak of COVID-19 globally, growing need for rescue medication, increasing prevalence of respiratory diseases, and rising demand for home healthcare devices are the key factors that are expected to drive the market growth.
Moreover, the growing geriatric population, increasing consumption of alcohol, tobacco, cigarettes, and other such products may lead to respiratory diseases, and the rising number of initiatives taken by the government as well as the private organizations are also expected to boost the nebulizers market growth. The outbreak of COVID-19, leading to increased demand for respiratory devices, including nebulizers.
Nebulizers Market Trends
Nebulizers Market Drivers
- High demand for respiratory devices, including nebulizers, due to outbreak of COVID-19 globally
- Growing need for rescue medication. Uncertain asthma attacks are the major reasons to increase the demand for nebulizers. According to the American College of Allergy, Asthma, and Immunology, every year more than 3,500 people die because of asthma. Rescue medication, such as the nebulizers, helps in better serving the patients suffering from asthma every year, hence driving the market growth.
- Increasing prevalence of chronic respiratory diseases. According to a report published by the World Health Organization (WHO), in 2017, approximately 65 million people suffered from chronic obstructive pulmonary disease (COPD) and 3 million die because of it every year, globally.
- Rising demand for home healthcare devices
- Growing geriatric population
- Increasing consumption of alcohol, tobacco, cigarettes, and other such products that may lead to respiratory diseases
Restraints
- Loss of drug during the nebulization process
- Availability of substitutes of nebulizers
- Side effects of nebulizer solutions
Nebulizers Market Segment Insights
Nebulizers Type Insights
Mesh: This segment is expected to grow owing to the growing patient acceptance for mesh nebulizers and its accurate drug delivery. It is further segmented into active mesh nebulizers and passive mesh nebulizers.
Jet: This segment is expected to account for the largest market share owing to its compact size and minimal drug wastage.
Ultrasonic: Rising popularity of ultrasonic nebulizers owing to the reduced size of drug droplets is anticipated to drive the market growth.
Nebulizers Usage Insights
Reusable: The market for reusable nebulizers is expected to grow owing to its feature of using for months as compared to disposable nebulizers which can be used 10 times.
Disposable: Increasing popularity of disposable nebulizers due to its high usage for many years is anticipated to drive the nebulizers market growth.
Nebulizers Portability Insights
Tabletop: Less cost as compared to portable nebulizers is expected to drive the market growth.
Portable: Rising adoption of portable nebulizers by patients is anticipated to drive the market growth.
Nebulizers End-User Insights
Hospitals and Clinics: This segment is expected to grow significantly, owing to the rising patient population.
Homecare: This segment is expected to demonstrate the fastest growth owing to its cost-effectiveness over other options.
Others: This includes research and academic institutes and specialty centers, among others.
Nebulizers Regional Insights
The largest regional market. The rising prevalence of respiratory disorders and favorable reimbursement schemes in the region is expected to drive the nebulizers market growth. According to data published by the Centers for Disease Control and Prevention in May 2017, about 9 million people in the US were diagnosed with chronic bronchitis. Moreover, increasing awareness regarding nebulizers amongst the people is also expected to contribute to market growth.
The market in Europe held the second-largest position in 2018 owing to the growing geriatric population. According to a report published by the European Union, approximately 29.6% of people in Europe are above the age of 65. Moreover, rising demand for technologically advanced devices in the region is also expected to boost the market growth.
The fastest-growing regional market. The growth of the market in this region is owing to the rising number of respiratory disorder cases. According to a report published by the World Health Organization (WHO), in 2018, approximately 1.31 billion people in India suffered from asthma. The increasing focus of market players on the Asia-Pacific market is also expected to boost nebulizers market growth.
The market is expected to show steady growth due to the rising burden of respiratory diseases. According to a report published by the National Center for Biotechnology Information (NCBI) in May 2018, the prevalence of asthma in the Middle Eastern countries ranges from 4.4% to 7.6%. Furthermore, slowly developing healthcare infrastructure is also expected to boost the market growth.
Nebulizers Market Key Players
- OMRON Healthcare (Japan)
- Koninklijke Philips N.V. (Netherlands)
- PARI (US)
- Vectura Group plc (UK)
- Rossmax International Ltd (Taiwan)
- Briggs Healthcare (US)
- GF Health Products, Inc. (US)
- Beurer GmBH (Germany)
- Agilent Technologies, Inc. (US)
- Drive DeVilbiss Healthcare (US)
- Invacare Corporation (US)
- Braun Melsungen AG (Germany)
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
