Nebulizers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Overview:
The global nebulizers market size reached US$ 1.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 7.4% during 2023-2028.
Nebulizers are devices that are used by patients suffering from respiratory diseases to administer the medication directly into the lungs. Usually made up of a motor, mouthpiece, cup and tubing, these devices turn liquid medicine into a fine mist by using oxygen, compressed air or ultrasonic power for breaking up the liquid drug into aerosols. They are prescribed by doctors to people who are unable to breathe deeply while using an inhaler. Nebulizers are primarily utilized for providing relief from extreme breathing conditions such as chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis, etc.
Rising prevalence of chronic respiratory diseases is a major factor boosting the growth of the market. Busy schedules, sedentary lifestyles and a lack of physical activities have led to an increase in prevalence of obesity across the globe. This, in confluence with escalating consumption of tobacco and alcohol, is significantly contributing to the increasing occurrence of respiratory disorders, thereby bolstering the sales of nebulizers. Apart from this, rising pollution levels on account of increasing adoption of private vehicles and expansion of industries is another key factor that is contributing to the product’s demand globally. Moreover, the growing geriatric population has led to an increase in the demand for home healthcare devices, which is driving the demand for portable variants. Furthermore, several organizations are taking initiatives to spread awareness about the available treatment options for respiratory diseases. For instance, the Global Initiative for Chronic Obstructive Lung Disease (GOLD) is actively educating the public about the risks posed by COPD and the treatment of the same.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global nebulizers market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on product type, portability, end-user and application.
Breakup by Product Type:
Pneumatic Nebulizers
Ultrasonic Nebulizers
Mesh Nebulizers
Others
Breakup by Portability:
Portable Nebulizers
Standalone Nebulizers
Breakup by End-User:
Hospitals and Clinics
Long Term Healthcare Centers
Homecare Settings
Outpatient Settings
Breakup by Application:
COPD
Cystic Fibrosis
Asthma
Others
Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Briggs Medical Service Company, Ca-Mi SRL, Besco Medical, Flyp Nebulizers, DeVilbiss Healthcare International, Omron Corporation, Becton, Dickinson and Company, Koninklijke Philips N.V., Feellife Health Inc., Invacare Corporation, Pari Medical Ltd., Philips Respironics, Inc., Agilent Technologies, Inc., Medline Industries, Inc. and Graham Field (GF) Health Products, Inc.
Key Questions Answered in This Report:
What was the size of the global nebulizers market in 2022?
What is the expected growth rate of the global nebulizers market during 2023-2028?
What are the key factors driving the global nebulizers market?
What has been the impact of COVID-19 on the global nebulizers market?
What is the breakup of the global nebulizers market based on the product type?
What is the breakup of the global nebulizers market based on the portability?
What is the breakup of the global nebulizers market based on the end-user?
What is the breakup of the global nebulizers market based on the application?
What are the key regions in the global nebulizers market?
Who are the key players/companies in the global nebulizers market?