16-May-2022 | Zion Market Research
The Inhalation Therapy Nebulizer Market was worth around USD 1,969.4 million in 2021 and is estimated to grow to about USD 3,039.3 million by 2028, with a compound annual growth rate (CAGR) of approximately 7.5 percent over the forecast period. The report analyzes the Inhalation Therapy Nebulizer Market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the Inhalation Therapy Nebulizer Market.
An inhalation treatment nebulizer is a medical device that turns the medicine into a mist and distributes it directly to the lungs. Inhalation therapy nebulization is a frequent therapeutic method for respiratory disorders such as asthma, cystic fibrosis, and COPD. For nebulization, many devices are utilized. The most often utilized gadgets are rechargeable and electrically driven. The growing prevalence of chronic respiratory disorders, increased demand for home healthcare equipment, and a growing geriatric population base are among the primary drivers driving market expansion in the worldwide inhalation treatment nebulizer market. In addition, the rising incidence of chronic respiratory disorders is likely to fuel growth throughout the predicted period. The increased frequency of chronic respiratory disorders, expanding demand for home healthcare equipment, and a growing elderly population is also driving market expansion. Various government programs promoting early diagnosis and treatment are resulting in an increase in the number of individuals receiving treatment. This, combined with the rising entry of new goods onto the market, such as nebulization devices, has played a critical role in pushing the use of these devices. Moreover, patients' need for new technologies with improved quality, smaller size, lighter weight, and ease of accessibility is also driving up adoption. As a result, rising demand for these gadgets is propelling the market forward. However, problems and side effects associated with medicine inhalation, the lack of a single efficient inhaler device, and a lack of knowledge are issues limiting the market growth.
The Inhalation Therapy Nebulizer Market is segregated based on Type, Application, and Distribution Channel. Based on Type, the global market is distinguished into Mesh Nebulizer, Pneumatic Nebulizer, Ultrasonic Nebulizer, and Jet nebulizer. Based on Application, the global market is distinguished into Asthma, COPD, Cystic fibrosis, and Others, Based on Distribution Channel, the global market is distinguished into Hospital Pharmacy, Pharmacy Stores, and Others.
North America dominated the worldwide inhalation therapy nebulizer market in the forecast period, accounting for the greatest market share. As the region's population leads a fast-paced lifestyle, patients seeking more portable nebulizer devices that may be readily transferred in times of need for patients suffering from asthma and other respiratory illnesses. Furthermore, healthcare cost reduction difficulties in the United States following the economic crisis have compelled the government to implement innovative techniques to shorten patient stays in hospitals. This boosted homecare services, creating a favorable atmosphere for the expansion of the inhalation therapy nebulizer market. The Asia Pacific market is being driven by rapid growth in the prevalence of asthma and COPD, which is expected to accelerate demand for these devices for the management of chronic respiratory disorders in the respective areas in the future years.
Key players functioning in the Inhalation Therapy Nebulizer Market include Rossmax International Ltd., OMRON Corporation, Koninklijke Philips N.V., PARI Pharma, BD, Medline Industries, Inc., Briggs Healthcare, GF Health Products, Inc., Vectura Group plc, Beurer GmBH.
Browse the full “Inhalation Therapy Nebulizer Market By Type (Mesh Nebulizer, Pneumatic Nebulizer, Ultrasonic Nebulizer, and Jet nebulizer). By Application (Asthma, COPD, Cystic fibrosis, and Others). By Distribution Channel (Hospital Pharmacy, Pharmacy Stores, and Others), And By Region – Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028.” Report at https://www.zionmarketresearch.com/report/inhalation-therapy-nebulizer-market
Global Inhalation Therapy Nebulizer Market is segmented as follows:
By Distribution Channel
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