Nebulizer Market 2019 Overview, Cost Structure Analysis, Growth Opportunities and Forecast to 2024

(The Express Wire via Comtex)

Nebulizer Market analysis report contains all study material about Market Overview, Growth, Demand and Forecast Research in all over the world.

Nebulizer Market “research report highlights existing dynamics and growths during the forecast period 2019-2024. The report incorporates detailed analysis of the market development drivers as well as the preventing factors in the Nebulizer market. The scope of the report covers an extensive estimation pertaining to the winning essentials and participant schemes through a presentation of the segmentation of market in the report.

Following Companies Are Covered by Nebulizer Market

  • Agilent Technologies
  • Becton Dickinson and Company
  • Briggs Healthcare
  • Drive DeVilbiss Healthcare
  • GF Health Products Inc.
  • Invacare Corporation
  • Koninklijke Philips NV
  • Medline Industries Inc.
  • Omron Corporation
  • PARI Pharma

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Market Overview:

  • The global nebulizer market was valued at USD 862.75 million in 2018, and it is estimated to value at USD 1,255.33 million by 2024, while witnessing a CAGR of 6.45% during the forecast period, 2019-2024. There are certain factors that are driving the market growth, including rising incidences of chronic respiratory diseases, increasing demand for home healthcare devices, and rising geriatric population base.
  • Nebulizers are respiratory drug delivery devices that transform liquid medications into aerosols (liquid particles in a gas). The drug is converted into a mist that can be directly delivered to the patient's lungs. The rising incidences of chronic respiratory diseases and rapid technological advances are among the key factors driving the usage of nebulizers.
  • The adoption is also increasing, due to the demand for new technologies with higher quality, smaller size, lighter weight, and ease of accessibility, by the patients.
  • Thus, the increasing demand for home healthcare devices is driving the growth of the market studied.

Scope of the Report:

  • Nebulizer is a medical device that converts the drug into mist and delivers it directly to the lungs. The technique of nebulization is commonly used for the treatment of respiratory diseases, including asthma, cystic fibrosis, and COPD. There are various devices that can be used for nebulization. Some of the devices are rechargeable, and electrically powered ones are the most widely used.

Why there is Need of Nebulizer Market Research?

  • To determine trades anticipation, consumption trend, and need of market.
  • To keep up competitiveness over applicants performing in the Nebulizer market.
  • To get detailed knowledge of the market which helps in terms of decision- making.
  • To advance insight into industrial, social, methodological, and legal aspects of the market.
  • To perceive the detailed market size derived by analyzing upward and downward moment of Nebulizer market trends.
  • To get knowledge of worldwide marketplaces and their leveling trading environments, effectiveness, and inclinations.

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Key Market Trends:

Mesh Nebulizer Segment is Expected to Hold the Largest Market Share

The mesh nebulizer segment of the global nebulizer market is expected to witness a high CAGR of 7.60% over the forecast period.

Mesh nebulizers have become the first choice for new nebulized pharmaceutical drug developments. Thus it was estimated that mesh nebulizers will be increasingly adopted in the coming future. This is due to the portability, convenience, and speed of treatment, owing to their low residual volumes and accurate lung delivery. Thus, technological advancements in mesh nebulizers, with the development of an innovative solution, are likely to further drive the growth of the market in the future.

There has also been a rising adoption of portable nebulizers by patients, which is contributing toward the market growth. Portable nebulizers are expected to witness robust growth, owing to the ease and convenience of use, technological advancement in devices, and launch of several new products in recent years.

North America Dominates the Market and is Expected to do so over the Forecast Period

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.

In addition, healthcare cost containment issues, post economic crisis in the United States, have required the government to introduce new strategies to reduce patient stays in hospitals. This provided impetus to homecare services, which in turn, created a favorable environment for the growth of the nebulizer market.

Reasons to Purchase this Report

  • How the developing pattern towards maintainability goes about as a driver to the worldwide Nebulizer market situation?
  • Analyzing different points of view of the market with the assistance of Porter's five powers investigation
  • Which solutions and end-user vertical is predictable to overlook the Nebulizer market?
  • Which regions are relied upon to observe the fastest development during the prediction period?
  • Identify the most recent advancements, market shares and strategies utilized by the significant market players.

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Detailed TOC of Nebulizer Market Report 2019-2024:

1 INTRODUCTION
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Rising Incidences of Chronic Respiratory Diseases
4.2.2 Increasing Demand for Home Healthcare Devices
4.2.3 Rising Geriatric Population Base
4.3 Market Restraints
4.3.1 Drug Loss during Drug Delivery
4.4 Industry Attractiveness Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Type
5.1.1 Pneumatic Nebulizer
5.1.2 Ultrasonic Nebulizer
5.1.3 Mesh Nebulizer
5.2 By Portability
5.2.1 Tabletop Nebulizer
5.2.2 Portable Nebulizer
5.3 Sales Channel
5.3.1 Direct Purchase
5.3.2 Online Purchase
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Agilent Technologies
6.1.2 Becton Dickinson and Company
6.1.3 Briggs Healthcare
6.1.4 Drive DeVilbiss Healthcare
6.1.5 GF Health Products Inc.
6.1.6 Invacare Corporation
6.1.7 Koninklijke Philips NV
6.1.8 Medline Industries Inc.
6.1.9 Omron Corporation
6.1.10 PARI Pharma

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

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