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The nebulizers market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of almost 8%, as per The Business Research Company’s market report!

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The Nebulizers Market Size In 2022 And Forecast
The global nebulizers market grew from $0.99 billion in 2021 to $1.08 billion in 2022 at a compound annual growth rate (CAGR) of 9.0%. 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, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The nebulizers market is expected to grow to $1.46 billion in 2026 at a CAGR of 7.9%.

The nebulizer devices market consists of sales of nebulizers used in respiratory care for patients with respiratory diseases including asthma, cystic fibrosis, and COPD.

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Rise In Geriatric Population Globally Is Driving The Growth Of The Nebulizers Market
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. As of 2019, 143 million people are aged 80 years or older. 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.

Competitive Landscape And The Regional Analysis Of The Nebulizers Market
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.

Additionally, as per TBRC’s research – North America was the largest region in the nebulizers market in 2021 holding the largest market share.

The Nebulizers Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the nebulizers market.

Technological Advancement – A Key Trend In The Nebulizers Market
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.

Nebulizers Market Segmentation By The Business Research Company

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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Oxygen Concentrators Global Market Report 2022

Respiratory Diseases Drugs Global Market Report 2022

Respiratory Devices And Equipment (Therapeutic And Diagnostic) Global Market Report 2022

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