The global Inhalation Therapy Nebulizer Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.7% during the review period (2022 to 2027)
Inhalation Therapy Nebulizer Market Overview
A Inhalation Therapy nebulizer is a drug delivery device that enables medication administration in the form of a mist into the lungs. These devices pump pressurized air through the liquid to form a fine mist, breathed in through a mouthpiece or mask. These machines are designed to treat asthma, asthma cystic fibrosis, COPD, and other respiratory.Additionally, the substantial increase in prevalence and incidence of asthma has led to an increase in the patient population, which has, in turn, increased the demand for Inhalation Therapy nebulizers According to the World Health Organization (WHO) 2021 factsheet, Asthma is a major noncommunicable disease (NCD), affecting both children and adults. Globally, it has affected an estimated 262 million people in 2020 and caused 461,000 deaths. disorders.The rising respiratory diseases and other respiratory diseases, such as pneumonia and lung cancer, have been the major causes for the rise in hospitalization rates, especially in the low- and middle-income countries. The increasing incidence of respiratory disorders globally and the rising geriatric population are likely to fuel the market growth during the forecast period. Rising demand for innovative respiratory drug delivery devices and the rapid adoption of these devices among the patient population is likely to drive their usage during the forecast period.
Industry News:
Philips issues recall notification* to mitigate potential health risks related to the sound abatement foam component in certain sleep and respiratory care devices
Amsterdam, the Netherlands – Following the company update on April 26, 2021, Royal Philips (NYSE: PHG; AEX: PHIA) today provides an update on the recall notification* for specific Philips Bi-Level Positive Airway Pressure (Bi-Level PAP), Continuous Positive Airway Pressure (CPAP), and mechanical ventilator devices to address identified potential health risks related to the polyester-based polyurethane (PE-PUR) sound abatement foam component in these devices. The majority of the affected devices within the advised 5-year service life are in the first-generation DreamStation product family.
What are the major Applications, Types and Regions for Inhalation Therapy Nebulizer Market?
Inhalation Therapy Nebulizer Market is segmented based on the type, applications, companies and regions.
By Type, Inhalation Therapy Nebulizer Market has been segmented into
- Pneumatic Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
By Application on Inhalation Therapy Nebulizer Market is,
- COPD
- Cystic Fibrosis
- Asthma
- Other
Inhalation Therapy Nebulizer Market Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Inhalation Therapy Nebulizer Market in important regions, including the
The North American nebulizer market is growing, due to the continuous innovations in technology. As the population in the region follows a fast-moving lifestyle, patients are looking for more portable nebulizer devices that can be transferred easily in time of need for patients suffering from asthma and other airway diseases. The United States is the largest market in the North America region.
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Inhalation Therapy Nebulizer Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 6.7% during the review period (2022 to 2027).
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By Type
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- Pneumatic Nebulizers
- Ultrasonic Nebulizers
- Mesh Nebulizers
- Others
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By Application
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- COPD
- Cystic Fibrosis
- Asthma
- Others
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By Companies
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PARI GmbH, Omron, Drive DeVilbiss Healthcare, Philips Respironics, Yuwell, Leyi, Folee, Medel S.p.A, Briggs Healthcare, 3A Health Care, Trudell Medical International, GF Health Products and others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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117
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Inhalation Therapy Nebulizer Report
- Evaluate Inhalation Therapy Nebulizer market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Inhalation Therapy Nebulizer market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Inhalation Therapy Nebulizer Market is studied from 2017 - 2027.
What is the growth rate of Inhalation Therapy Nebulizer Market?
The Inhalation Therapy Nebulizer Market is growing at a CAGR of 6.7% over the next 5 years.
What regions does this Inhalation Therapy Nebulizer Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.