NEW YORK, April 1, 2022 /PRNewswire/ -- The nebulizers market size is expected to increase by USD 265.29 million from 2019 to 2024. The growth momentum of the market will accelerate at a CAGR of 6% during the forecast period.
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Read the 120-page report with TOC on "Nebulizers Market Analysis Report by Product (pneumatic nebulizers, mesh nebulizers, and ultrasonic nebulizers) and Geography (Asia, Europe, North America, and ROW) 2020-2024". Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats, information on marketing, brand, strategy and market development, sales and supply functions. View Our Report Snapshot
Market Driver
The increasing prevalence of respiratory disorders is driving the growth of the nebulizers market. Nebulizers are drug delivery devices that are used for controlling the symptoms and progression of cystic fibrosis, COPDs, asthma, and other respiratory diseases. Asthma is a common non-communicable disease and has a substantial impact on the quality of life. It is also considered one of the leading causes of years lived with disability. The rising prevalence of asthma will increase the demand for nebulizers and thus drive the market growth during the forecast period. Nebulized aqueous vapor alters the viscosity of mucus and assists in expectoration. Air-driven nebulizers are used frequently in the treatment of acute exacerbations and management of COPDs. In addition, nebulizers are used for the prevention of pneumonia in patients with HIV antibodies, which will contribute to the increase in demand for nebulizers.
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Vendor Analysis
The nebulizers market is fragmented, and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market. The nebulizers market report offers information on several market vendors, including Agilent Technologies Inc., Drive DeVilbiss Healthcare Ltd., GF Health Products Inc., Invacare Corp., Koninklijke Philips NV, Medline Industries Inc., OMRON Corp., PARI Respiratory Equipment Inc., Teleflex Inc., and Vyaire Medical Inc. among others.
Nebulizers Market Product Outlook (Revenue, USD mn, 2019-2024)
Nebulizers Market Geography Outlook (Revenue, USD mn, 2019-2024)
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Revenue-generating Product Segment
The nebulizers market share growth in the pneumatic nebulizers segment will be significant during the forecast period. The pneumatic nebulizers segment accounts for the largest share of the global nebulizers market. Factors such as the increasing incidence of respiratory disorders, including COPDs and asthma; product launches; and the presence of established players with a strong product portfolio will boost the growth of this segment during the forecast period.
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Nebulizers Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2019 |
Forecast period |
2020-2024 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6% |
Market growth 2020-2024 |
USD 265.29 million |
Market structure |
Fragmented |
YoY growth (%) |
5.49 |
Regional analysis |
Asia, Europe, North America, and ROW |
Performing market contribution |
North America at 35% |
Key consumer countries |
Blank |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Agilent Technologies Inc., Drive DeVilbiss Healthcare Ltd., GF Health Products Inc., Invacare Corp., Koninklijke Philips NV, Medline Industries Inc., OMRON Corp., PARI Respiratory Equipment Inc., Teleflex Inc., and Vyaire Medical Inc. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
PART 15: EXPLORE TECHNAVIO
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SOURCE Technavio
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