Nebulizer Market Industry Outlook By Drivers, Restraints And Opportunities 2027
Report titled published by research nester” Global Nebulizer Market: Global Demand Analysis & Opportunity Outlook 2027″delivers detailed overview of the global nebulizer market in terms of market segmentation by nebulizer type, by modality, by end-user and by regions.
Further, for the
in-depth analysis, the report encompasses the industry growth drivers,
restraints, supply and demand risk, market attractiveness, BPS analysis and
Porter’s five force model.
The global nebulizer
market is segmented by nebulizer type into mechanical (soft mist inhaler) and
electrical; by modality into portable and stand alone; by end-user into
residential and commercial and by regions. The nebulizer market is anticipated
to mask a CAGR of 6.8% during the forecast period i.e. 2019-2027.
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The market is
estimated to stimulate a significant growth on the back of increasing
technological advancements along with rising healthcare expenditure and growing
patient awareness across the developing economies regarding advanced healthcare
equipment during the forecast period. Many multi-national companies are
concentrating towards new product advances in nebulizer market. Besides, the
growth of the market will be augmented at a steady rate on the back of shifting
trend from hospital care to home care-based treatment along with product’s
feasibility in home care settings around the globe.
Further, the demand
for portable home care set up nebulizers is projected to accelerate on the back
of increasing geriatric population across the globe.
North America is
expected to display a strong growth on the back of increasing trend of homecare
services combined with favorable healthcare reimbursement policies across the
region. Further, the Europe market for nebulizers is anticipated to induce a
budding growth on the back of growing number of smokers and rising geriatric
population across the region. Asia Pacific is attributed to boost the
nebulizers market during the forecast period on account of rising level of
environmental pollution around the countries such as India, China and others
accompanied with increased COPD incidences and significant rise in the
percentage of population suffering from pulmonary diseases across the region.
Growing Varieties of
Respiratory Disorders
The growing rate of
respiratory tract infection owing to increasing pollution levels around the
globe is expected to serve as a leading factor in the growth of the nebulizers
market. Additionally, rising number of respiratory disorders due to diseases
such as asthma, bronchitis, lung cancer, pulmonary edema, pneumothorax,
sarcoidosis and others are expected to boost the demand for nebulizers over the
forecast period.
On Account of Growing
Aged Population
The worldwide growth
of the geriatric population (8.696% in the year 2017) along with the increasing
rate of suffering from various respiratory disorders due to aging which further
results in the weakening of immune system, making an individual susceptible to
diseases is expected to propel the growth of the global nebulizer market during
the forecast period.
However, due to the
nozzles of nebulizer not being airtight, the loss of drugs through these
systems or devices during administration in pediatric population is high which
can be overcome by the use of metered dose inhalers. This factor is estimated
to serve as a key restraint in the growth of the nebulizer market across the
globe.
This report also
provides the existing competitive scenario of some of the key players of the
global nebulizer market which includes company profiling of Becton,
Dickinson and Company, Omron Corporation, Koninklijke Philips N.V., PARI
Pharma, Allied Healthcare Products, Inc., Agilent Technologies, Medline
Industries, Inc., Briggs Healthcare, Drive Medical, GF Health Products,
Inc. and other prominent players. The profiling enfolds key information of
the companies which encompasses business overview, products and services, key
financials and recent news and developments.
On the whole, the report
depicts detailed overview of the global nebulizer market that will help
industry consultants, equipment manufacturers, existing players searching for
expansion opportunities, new players searching possibilities and other
stakeholders to align their market centric strategies according to the ongoing
and expected trends in the future.
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