The Nebulizers Market Growth Sees Major Impact Due To The Rise in prevalence of various respiratory disorders is a key factor driving nebulizers market revenue growth

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The Nebulizers Market Growth Sees Major Impact Due To The Rise in prevalence of various respiratory disorders is a key factor driving nebulizers market revenue growth
Nebulizers Market | Emergen Research
Rise in prevalence of various respiratory disorders is a key factor driving nebulizers market revenue growth

The global nebulizers market size was USD 1.12 Billion in 2021 and is expected to register a revenue CAGR of 7.6% during the forecast period, according to latest analysis by Emergen Research. New innovative product launches, rise in prevalence of various respiratory disorders in addition to growing environmental and air pollution major factors driving market revenue growth. In addition, rising incidences of respiratory disorders, such as asthma and Chronic Obstructive Pulmonary Disorder (COPD), especially in emerging countries led to increasing demand for nebulizer products in the healthcare sector.

WHO’s air quality database 2022 included ground measurements of annual mean concentrations of Nitrogen Dioxide (NO2), a prevalent urban pollutant that contributes to particle matter and ozone production. Measurements of particulate matter with diameters smaller or equal than 10 μm (PM10) or 2.5 μm (PM2.5), which are both types of pollutants originate from human activities involving fossil fuel combustion, were included in database as well. According to WHO, in addition to outdoor air pollution, indoor smoke is a serious health risk for almost 2.4 billion individuals who cook and heat their apartments with kerosene fuels, biomass, and coal.

Increasing demand for at-home healthcare equipment as a result of cost-intensive healthcare services and hospital stays is a major factor driving growth of the market for accessible breathable and wearable medical devices. However, rising preference for inhalers among healthcare providers owing to reduced costs and operational benefits of Metered Dose Inhaler (MDI) for asthma therapy, in addition to wastage caused by drug loss during delivery, are some factors restraining growth of the market.

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The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis

Competitive Landscape:

The report emphasizes the demands and trends for the Nebulizers market in the global market, more importantly, in the market that is spread across the major regions of the country. These major regions include North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The Nebulizers market is further segmented on the basis of product types offered in the market, application spectrum, leading manufacturers/companies, and key geographical regions.

The major companies Covered in the report are:

Koninklijke Philips N.V., OMRON Corporation, General Electric Company, Briggs Healthcare, Beurer GmbH, Allied Healthcare, Trudell Medical International, Teleflex Incorporated, DeVilbiss Healthcare LLC, and Vectura Group Ltd.

Significant Features of the Nebulizers Market Report:

  • Extensive competitive landscape analysis to offer the readers key insights into driving and restraining factors along with strategies adopted by the key players
  • Assessment of the existing and emerging trends of the business sphere
  • Detailed analysis of the emerging growth opportunities and threats and limitations the players might face in the coming years
  • Significant breakdown of the market to assess the factors that might influence the global market growth
  • An 8-year forecast for better understanding of the workings and growth opportunities of the market
  • Extensive analysis of the key geographical regions to assess market share, market size, production and consumption, revenue contribution, and supply and demand ratio
  • Comprehensive overview of the Nebulizers market on a regional and global level

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The Nebulizers market has been divided into types, applications, and regions. The Nebulizers report offers a growth analysis of each segment to provide an accurate calculation and forecast of sales in the time period 2020-2027. The analysis offers strategic insights that provide fruitful information to the readers to help them capitalize on the business offerings. Market share data is also available on a global and regional level.

Emergen Research has segmented the global nebulizers market based on product, modality, end-user, and region:

  • Product Outlook (Revenue, USD Billion; 2019-2030)
    • Ultrasonic nebulizer
    • Jet nebulizer
    • Mesh nebulizer
  • Modality Outlook (Revenue, USD Billion; 2019-2030)
    • Table-top
    • Portable
  • End-User Outlook (Revenue, USD Billion; 2019-2030)
    • Clinics
    • Hospitals
    • Homecare settings
  • Regional Outlook (Revenue, USD Billion; 2019-2030)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of Middle East & Africa

Radical Highlights of the Nebulizers Market Report:

  • The jet nebulizer segment accounted for largest revenue share in 2021. Cost-effectiveness and ease of handling of nebulizers are some of the key factors driving revenue growth of this segment. Aerosol production with minimum patient cooperation owing to strong flow of gas through a jet nebulizer, which allows solvent evaporation during nebulization, lowering volume given and concentrating aerosol. Furthermore, easy administration of medicine, mucolytic, liposomal formulations, and recombinant pharmaceuticals, among others, is driving demand for jet nebulizers by patients.
  • The portable segment is expected to register a significant growth rate over the forecast period owing to cost-effectiveness and compact size, which enable easy to use especially for homecare patients. Rapid adoption of portable nebulizer devices as it provides shorter treatment duration, and quiet operation, which helps in improving patient adherence to therapy, is a key factor driving growth of this segment. Moreover, various R&D initiative and technological advancements are increasing demand for more innovative portable devices.
  • The homecare settings segment is expected to register a significant growth owing to increasing number of portable product launch and comparatively cost-effective. Portable devices enable less wastage and ease to use during inhalation therapy, which provide patients to use less effort while using it. High cost of hospital visits and stay is increasing preference for homecare among patients, which is one of the primary factor contributing to growth of the market
  • The North America accounted for largest revenue share in 2021. Rising prevalence of various respiratory diseases, increasing government funding, and presence of well-established healthcare facilities with state-of-the-art R&D infrastructure are major factors expected to drive revenue growth of the market. According to Asthma and Allergy Foundation of America (AAFA), approximately 25 million individuals in the U.S. have asthma and it is a leading chronic disease in children. In addition, increasing air pollution owing to urbanization is increasing demand for nebulizers for treating various respiratory diseases such as COPD.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope 

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2022–2030

Chapter 3. Key Insights

Chapter 4. Nebulizers Market Segmentation & Impact Analysis

    4.1. Industrial Outlook

          4.1.1. Market indicators analysis

          4.1.2. Market drivers’ analysis

                    4.1.2.1. Rising focus on development of sustainable and eco-friendly products

                    4.1.2.2. Increasing adoption of water based adhesives in packaging and footwear industries

                    4.1.2.3. Increasing usage of acrylic dispersion adhesives in the construction industry

          4.1.3. Market restrains analysis

                    4.1.3.1. Low storage capability due to perishability

                    4.1.3.2. High competition from hot melt adhesives

    4.2. Technological Insights

    4.3. Regulatory Framework

    4.4. Porter’s Five Forces Analysis

    4.5. Competitive Metric Space Analysis

    4.6. Price Trend Analysis

    4.7. Covid-19 Impact Analysis

Continued….

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