Rising prevalence of respiratory diseases and growing demand
for home care therapeutic devices to drive global nebulizer system market
According to TechSci Research report, “Global Nebulizer System MarketBy Type (Pneumatic
Nebulizer (Breath Actuated Pneumatic Nebulizer, Vented Actuated Pneumatic Nebulizer),
Mesh Nebulizer (Static Mesh Nebulizer, Vibrating Mesh Nebulizer), Ultrasonic
Nebulizer, Jet nebulizer),By Equipment (Main Apparatus Mouthpiece, Saline
Solution, Connecting Tube, Others), By End Use (Hospitals and Clinics,
Emergency Centers, Home Healthcare),By Region, Forecast & Opportunities,
2025”, the market is anticipated to
grow at a significant CAGR during the forecast period. The key factors driving
the global nebulizer system market include rising prevalence of respiratory diseases
around the world and increasing demand for home care therapeutic devices. The
market is also booming due to increasing geriatric population,whichis more
prone to breathing related problems. Furthermore, favorable reimbursements
provided by various governments and technological advancements like drug-device
combination are enabling manufacturers to expand their market. Also, global initiatives
such as “Global Alliance against Chronic Respiratory Diseases” are leading to
increased treatment rates of respiratory disorders, which in turn is expected
to boost the growth of nebulizer system market.
Moreover,
growing awareness towards health and rising disposable income are acting as
major growth drivers for global nebulizer system market. These systems are
helpful in treating dieses like cystic fibrosis, COPD, asthmaand other
respiratory disorders. Further, launch of portable nebulizers are also gaining
traction in global market. However, the
market might also face some restrains. Stringent government regulations for product
approval and mandatory licensing for practitionersmight limit the market
growth. Also, availability of alternativesmighthamper the growth of global
nebulizer system market.
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"Global
Nebulizer SystemMarket"
According to TechSci Research report, The global nebulizer
system market is segmented based ontype, equipment, end use and region. Based
on type, the market is segmented into pneumatic nebulizer, mesh nebulizer, ultrasonic
nebulizer and jet nebulizer. The pneumatic nebulizer is further segmented into breath
actuated pneumatic nebulizer, vented actuated pneumatic nebulizer and mesh
nebulizer is segmented into static mesh nebulizer and vibrating mesh nebulizer.
Among them, the jet nebulizer segment witnessed highest growth in 2019 and is
expected to further dominate the market through 2025 as they are low in cost.
However, mesh nebulizers are anticipated to gain high traction during the
forecast period owing to the portabilityand convenience. They are technological
advanced compact size devices, which minimize the drug loss.
Based on end use, the global nebulizer system market
is segmented into hospitals and clinics, emergency centers and home healthcare.
Among them, the hospitals and clinics segment is expected to witness largest
market share during the forecast period owing to larger patient footfall and increasing
cases of sudden asthmatic attacks. Moreover, favorable reimbursement policies
are also making hospitals and clinics a dominant segment in global market.
Major
players operating in the global nebulizer systemmarket includeRossmax
International Ltd., Philips Healthcare, DeVillbiss Healthcare, Omron Healthcare
Inc, Becton Dickinson and Company, Pari GmbH, Allied Healthcare Products, GE
Healthcare, Medtronics PLC, JK Medical Systems, Vectura Group plc and Beurer
GmBH. The companies are adopting strategies such as new product development and
collaborations to increase their market share.
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“North
America is expected to dominate global nebulizer system market due to rising
prevalence of respiratory disorders in the region. Moreover, favorable
reimbursements provided by government and growing consumer awareness are making
the region a lucrative market. However, Asia-Pacific is expected to witness
fastest growth through 2025 owing to presence of larger geriatric population base
and rising focus on preventive healthcare,” said Mr. Karan Chechi, Research
Director with TechSci Research, a research based global management consulting
firm.
According
to TechSci Research report, “Global Nebulizer System Market
By Type (Pneumatic Nebulizer (Breath Actuated Pneumatic Nebulizer, Vented
Actuated Pneumatic Nebulizer), Mesh Nebulizer (Static Mesh Nebulizer, Vibrating
Mesh Nebulizer), Ultrasonic Nebulizer, Jet nebulizer), By Equipment (Main Apparatus
Mouthpiece, Saline Solution, Connecting Tube, Others), By End Use (Hospitals
and Clinics, Emergency Centers, Home Healthcare), By Region, Forecast &
Opportunities, 2025”has evaluated the future growth potential of global nebulizer
system market and provides statistics &information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in global nebulizer system market.
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