The global nebulizers market size was USD 1.12 Billion in 2021 and is expected to register a revenue CAGR of 7.6% during the forecast period, according to latest analysis by Emergen Research.
The global nebulizers market size was USD 1.12 Billion in 2021 and is expected to register a revenue CAGR of 7.6% during the forecast period, according to latest analysis by Emergen Research. The device is finding increased adoption in the treatment of various respiratory disorders such as COPD, cystic fibrosis, and asthma. According to the American Lung Association (ALA), in 2019, around 32 million adults in the U.S. were diagnosed with COPD, while 6.2 million adults had asthma. COPD and asthma are the two most common chronic respiratory disorders in the world and their prevalence is increasing at an alarming rate.
The increasing prevalence of respiratory disorders is one of the major factors driving the growth of the nebulizers market. In addition, the rising awareness about the benefits of nebulizers is another factor boosting the growth of the market. The availability of portable nebulizers is also fuelling the growth of the market as they offer patients the convenience of treatment at home. Moreover, rising awareness about the benefits of home care treatment and availability of portable nebulizers are also driving the growth of this market. However, the high cost of nebulizer devices and lack of awareness about these devices in underdeveloped countries are some of the major factors restraining the growth of this market.
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Outdoor air pollution is a mix of chemicals, particulate matter, and biological materials that dirty the air. It occurs when harmful gases and particulate matter build up in the atmosphere to levels that pose risks to human health and the environment. According to the World Health Organization, ambient (outdoor) air pollution in cities worldwide caused an estimated 3.8 million premature deaths in 2016. In low- and middle-income countries, 92% of these premature deaths were due to stroke, heart disease, chronic obstructive pulmonary disease, lung cancer and acute respiratory infections in children.
Some Key Highlights From the Report
- According to the Asthma and Allergy Foundation of America (AAFA), in 2019, around 26 million people in the U.S. were diagnosed with asthma, which includes 6.2 million children below 18 years. According to the National Health Profile 2019 published by the Central Bureau of Health Intelligence (CBHI), under the Ministry of Health & Family Welfare, Government of India, the number of asthma patients in India was around 21.4 million in 2018.
- The jet nebulizer segment accounted for largest revenue share in 2021 owing to growing demand for jet nebulizers as they are faster and easier to use than other types of nebulizers.
- The handheld segment is estimated to be the fastest-growing during the forecast period due to factors such as ease of portability and operability.
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- Nebulizers can either be battery-operated or mains-powered. Among these, the battery operated segment accounted for larger revenue share in 2021 owing to ease of operation and portability.
- By end user, the home care settings segment is estimated to account for largest revenue share in 2021 due to preference for home care by patients as it is cost-effective as compared to hospital care.
- The portable segment is expected to register a significant growth rate over the forecast period owing to the small and handheld size of these devices which can be easily carried around. The patient can use the device from anywhere, anytime as it is not dependent on any external power source or electricity.
- The North America accounted for largest revenue share in 2021 due to the rising incidence of respiratory disorders and higher utilization of nebulizers in homecare settings, and presence of large patient population.
- The Asia Pacific is also expected to grow at a fast pace due to the rising awareness about asthma & COPD, growth in per capita healthcare expenditure, and increasing government initiatives to promote preventive healthcare activities.
- Some major companies in the global market report include Koninklijke Philips N.V., OMRON Corporation, General Electric Company, Briggs Healthcare, Beurer GmbH, Allied Healthcare, Trudell Medical International, Teleflex Incorporated, DeVilbiss Healthcare LLC, and Vectura Group Ltd.
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Emergen Research has segmented the global nebulizers market based on product, modality, end-user, and region:
- Product Outlook (Revenue, USD Billion; 2019-2030)
- Ultrasonic nebulizer
- Jet nebulizer
- Mesh nebulizer
- Modality Outlook (Revenue, USD Billion; 2019-2030)
- Table-top
- Portable
- End-User Outlook (Revenue, USD Billion; 2019-2030)
- Clinics
- Hospitals
- Homecare settings
- Regional Outlook (Revenue, USD Billion; 2019-2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East & Africa
- North America
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