Global Nebulizers Market Size
Medical Equipment

Global Nebulizers Market Opportunities And Strategies 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s nebulizers market report forecasts the nebulizers market size to grow to $1.58 Billion by 2027, with a CAGR (compound annual growth rate) of 8%.

Learn More On The Nebulizers Market Report 2023 – https://www.thebusinessresearchcompany.com/report/nebulizers-global-market-report

Nebulizers Market Size Forecast
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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nebulizers market size is expected to grow to $1.58 billion in 2027 at a CAGR of 8.0%.

North America held the largest nebulizers market share.

Key Nebulizers Market Driver ­– Rise In Geriatric Population Across The Globe

For instance, according to the World Health Organization (WHO), by 2050, the world’s population aged 60 years and older is expected to total 2 billion, up from 900 million. According to the United Nations, in 2020, the global population of a person aged 65 years and older was estimated to be 727 million and this number is projected to nearly double to over 1.5 billion in 2050. Elderly people are more susceptible to respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, and the recent pandemic COVID-19 for many factors including the gradual decline of immune function. Therefore, a rise in the geriatric population is anticipated to propel the nebulizer market growth.

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Key Nebulizers Market Trend – Technological Advancement
The technologically advanced nebulizers including breath-enhanced, breath-actuated, and vibrating mesh nebulizers decrease the amount of drug lost during exhalation while increasing the efficiency of drug delivery and shaping the nebulizer devices market. For example, in June 2020, Respira Technologies, a health technology platform development company, revealed the introduction of a pharmaceutical-focused commercial development program for its RespiRx drug delivery system. Respirx is a compact, hand-holding vibrating mesh nebulizer built for local and systemic treatment and can work in any position placed by the patient. The latest and advanced nebulizers increase the output rate which in turn will decrease the administration time.

Nebulizers Market Segment
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

Nebulizers Market Major Players and Strategies
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.

The Nebulizers Global Market Report 2023 covers regional data on nebulizers market size, nebulizers market trends and drivers, opportunities, strategies, and nebulizers market competitor analysis. The countries covered in the nebulizers market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A nebulizer device is a piece of medical device that anyone who has asthma or similar respiratory illness can use to deliver medication swiftly and efficiently to the lungs. The nebulizer devices are used in respiratory care for patients with respiratory diseases including asthma, cystic fibrosis, and COPD.

View More Reports Related To The Nebulizers Market –
Respiratory Monitoring Devices Global Market Report 2023
Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2023
Respiratory Devices And Equipment (Therapeutic) Global Market Report 2023

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