Global Nebulizers Market Report and Forecast 2019-2024

Press Release:

Global Nebulizers Market to Reach US$ 1,074.8 Million by 2024, Impelled by Higher Incidences of Respiratory Diseases

Nebulizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

The global nebulizers market was worth US$ 708.2 Million in 2018. Nebulizers are devices that are used by patients suffering from respiratory diseases to administer the medication directly into the lungs. Usually made up of a motor, mouthpiece, cup and tubing, these devices turn liquid medicine into a fine mist by using oxygen, compressed air or ultrasonic power for breaking up the liquid drug into aerosols. They are prescribed by doctors to people who are unable to breathe deeply while using an inhaler. Nebulizers are primarily utilized for providing relief from extreme breathing conditions such as chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis, etc.

Global Nebulizers Market Report

Rising prevalence of chronic respiratory diseases is a major factor boosting the growth of the market. Busy schedules, sedentary lifestyles and a lack of physical activities have led to an increase in prevalence of obesity across the globe. This, in confluence with escalating consumption of tobacco and alcohol, is significantly contributing to the increasing occurrence of respiratory disorders, thereby bolstering the sales of nebulizers. Apart from this, rising pollution levels on account of increasing adoption of private vehicles and expansion of industries is another key factor that is contributing to the product’s demand globally. Moreover, the growing geriatric population has led to an increase in the demand for home healthcare devices, which is driving the demand for portable variants. Furthermore, several organizations are taking initiatives to spread awareness about the available treatment options for respiratory diseases. For instance, the Global Initiative for Chronic Obstructive Lung Disease (GOLD) is actively educating the public about the risks posed by COPD and the treatment of the same. Looking forward, IMARC Group expects the market to reach a value of US$ 1,074.8 Million by 2024, registering a CAGR of around 7% during 2019-2024.

Report Coverage:

Historical, Current and Future Market Trends
Market Breakup by Product Type:
- Pneumatic Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Others
Market Breakup by Portability:
- Portable Nebulizers
- Standalone Nebulizers
Market Breakup by End-User:
- Hospitals and Clinics
- Long Term Healthcare Centers
- Homecare Settings
- Outpatient Settings
Market Breakup by Application:
- COPD
- Cystic Fibrosis
- Asthma
- Others
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being Briggs Medical Service Company, Ca-Mi SRL, Besco Medical, Flyp Nebulizers, DeVilbiss Healthcare International, Omron Corporation, Becton, Dickinson and Company , Koninklijke Philips N.V., Feellife Health Inc., Invacare Corporation, Pari Medical Ltd., Philips Respironics, Inc., Agilent Technologies, Inc., Medline Industries, Inc. and Graham Field (GF) Health Products, Inc., etc.

Key Questions Answered in This Report:

How has the global nebulizers market performed so far and how will it perform in the coming years?
What are the key regional markets in the global nebulizers industry?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the portability?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end-user?
What are the various stages in the value chain of the global nebulizers industry?
What are the key driving factors and challenges in the global nebulizers industry?
What is the structure of the global nebulizers industry and who are the key players?
What is the degree of competition in the global nebulizers industry?
What are the profit margins in the nebulizers industry?