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    Nebulizer Devices Market Report

    Nebulizer Devices Market Report
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    Global Nebulizer Devices Market, Dynamics, Market Analysis
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    Market Insights

    The Global Nebulizer Devices Market is projected to grow from USD 940.5 million in 2020 to USD 1,430.2 million by 2026 at a CAGR of over 7.2% during the forecast period.

    Figure: Global Nebulizer Devices Market Size, 2020-2026 (USD Million)

    Nebulizer-Devices-Market-Forecast

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    What are Nebulizer devices?

    Nebulizers are respiratory drug delivery therapeutic device that helps to transform the liquid drug into aerosols or mist and delivers it directly to lungs. The technique of nebulization is commonly used for the treatment of respiratory diseases such as cystic fibrosis, asthma, and chronic obstructive pulmonary disease (COPD). These devices are electrically powered and rechargeable. Nebulizers are specifically used for the delivery of liquid medication to breathing passage, thus reduce the bulging of the mucous membrane caused by pollutants.

    Key Players

    Key players operating in the global nebulizer devices market are-

    • Agilent Technologies, Inc. (The U.S),
    • Allied Healthcare Products, Inc. (The U.S),
    • CareFusion Corporation (The U.S),
    • Covidien plc (Ireland),
    • GE Healthcare (The U.S),
    • GF Health Products Inc. (The U.S),
    • Omron Healthcare, Inc. (Japan),
    • PARI GmbH (Germany),
    • Koninklijke Philips N.V. (Netherlands), and
    • Briggs Healthcare (The U.S).

    Market Dynamics

    A rise in environmental pollution and a surge in the number of smokers propel the need for nebulizer devices.

    • The rising of chronic respiratory diseases, the growing geriatric population, and increasing demand for home-based healthcare devices are some of the factors boosting the nebulizer devices market growth.
    • Also, increasing consumption of tobacco, alcohol, and ultra-processed products such as sugar-sweetened beverages is one of the prime causes behind the rising prevalence of respiratory diseases especially in North America.
    • Furthermore, according to WHO, there were around 3.2 million deaths across the globe due to COPD.

    Segment Analysis

    Type Trends

    Based on type, the global nebulizer devices market has been categorized into jet, ultrasound, and mesh.

    • Under these, the mesh segment held a considerable market share in 2020 and is likely to grow at the fastest CAGR during the forecast period.
    • This is mainly attributed to the technologically advanced compact size devices and minimized drug loss, thus enhancing the effectiveness of the nebulizer devices.
    • Other factors such as portability, quick treatment, increased patient acceptance, and convenience bolsters the market expansion.

    Regional Trends

    By region, the North American market garnered the highest market share of almost 38% in 2020 and is projected to grow at a steady CAGR during the assessment period.

    This is mainly attributed to the rising respiratory disorders, well-established healthcare infrastructure, rise in customer awareness, and government initiatives such as favorable reimbursement scenario, further accelerates the regional market growth.

    COVID-19 Impact on Global Nebulizer Devices Market

    The unprecedented outbreak of COVID-19 resulted in surging demand for mechanical ventilators, thus created a substantial shortage of these devices in major COVID-19 affected countries.

    The unmet demand for mechanical ventilators is encouraging medical professionals to shift towards other respirator devices such as nebulizers and oxygen concentrators. Thus, this acts as a key factor positively influencing the product demand in the present period.

    Critical Questions Answered in the Report

    • What are the key trends in the global nebulizer devices market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the global nebulizer devices market?
    • What are the key strategies adopted by the major vendors to lead in the global nebulizer devices market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the Nebulizer device market hopes to have the greatest opportunity to convert-

    • Nebulizer devices companies
    • Hospitals
    • R&D organizations
    • Respiratory devices manufacturing companies
    • Government organizations

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The nebulizer devices market size is expected to reach USD 1,430.2 million in the foreseeable future.

    Agilent Technologies, Inc. (The U.S), Allied Healthcare Products, Inc. (The U.S), CareFusion Corporation (The U.S), Covidien plc (Ireland), GE Healthcare (The U.S), GF Health Products Inc. (The U.S), Omron Healthcare, Inc. (Japan), PARI GmbH (Germany), Koninklijke Philips N.V. (Netherlands) and Briggs Healthcare (The U.S) are among the key players in the nebulizer devices market.

    The nebulizer devices market is expected to grow at an impressive CAGR of 7.2% in the coming years.

    North America garnered the highest share in nebulizer devices market in 2020.

    The mesh segment is expected to grow at the fastest CAGR in the nebulizer devices market in the coming years.

    A rise in environmental pollution and a surge in the number of smokers, rising of chronic respiratory diseases, the growing geriatric population, and increasing demand for home-based healthcare devices are the factors driving the growth of nebulizer devices market.

    Nebulizer devices companies, Hospitals, R&D organizations, Respiratory devices manufacturing companies, Government organizations are the target audience in the nebulizer market.

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