Global Nebulizers Market
Medical Equipment

Future Growth Forecast For The Nebulizers Global Market 2023-2032

The Business Research Company’s global market reports provide comprehensive analysis on the various markets in 27 industries across 60 geographies.

 As per The Business Research Company’s Nebulizers Global Market Report 2023, The global nebulizers market is expected to grow from $1.08 billion in 2022 to $1.16 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The global nebulizers market size is expected to grow to $1.58 billion in 2027 at a CAGR of 8.0%.

What was the major driver in the nebulizers market?
Over the projection period, the global elderly population is predicted to increase the use of respiratory care devices such as nebulizers. According to the World Health Organisation (WHO), the world’s population of people aged 60 and more is predicted to reach 2 billion by 2050, up from 900 million today. According to the United Nations, the global population of people aged 65 and older was forecast to be 727 million in 2020, and this figure is expected to nearly double to more than 1.5 billion by 2050. For a variety of reasons, including the steady reduction of immunological function, the elderly are more vulnerable to respiratory disorders such as Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, and the recent pandemic COVID-19. As a result, an increase in the geriatric population is expected to fuel the nebulizer market expansion.

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What was the key trend in the nebulizers market?
Technologically upgraded nebulizers, such as breath-enhanced, breath-actuated, and vibrating mesh nebulizers, reduce drug loss during exhalation while boosting drug delivery efficiency and altering the nebulizer device market. For example, Respira Technologies, a health technology platform development business, announced the launch of a pharmaceutical-focused commercial development programme for its RespiRx medication delivery system in June 2020. Respirx is a small, hand-held vibrating mesh nebulizer designed for local and systemic treatment that can be used in any posture chosen by the patient. The most recent and innovative nebulizers improve production rate, which reduces administration time.

Which was the largest region in the nebulizers market?
North America was the largest region in the nebulizer devices market in 2022. Asia-Pacific was the second largest region in the global nebulizer devices market. The regions covered in the global nebulizer devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

Who are the nebulizers market prominent players?
Major players in the nebulizers market are Agilent Technologies, Becton Dickinson and Company, Koninklijke Philips N.V., Omron Corporation, COVIDien PLC., GE Healthcare Ltd., Allied Healthcare Products Inc., Briggs Healthcare, PARI Pharma, and GF Health Products Inc.

Key nebulizers market segments
1) By Type: Pneumatic Nebulizer, Ultrasonic Nebulizer, Mesh Nebulizer
2) By Application: COPD, Cystic Fibrosis, Asthma, Other Applications
3) By End Use: Hospitals and Clinics, Emergency Centers, Home Healthcare
4) By Portability: Portable Nebulizer, Tabletop Nebulizer

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The Nebulizers Global Market Report 2023  provides a comprehensive overview on the nebulizers market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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