New York, USA, March 14, 2023 (GLOBE NEWSWIRE) — Nebulizers Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Nebulizers Market Information By Type, Usage, Portability, End User and Region – Forecast till 2027” the market is expected to hold a value of USD 1,629.7 Million by 2027 and is expected to register a growth of 7.32% from 2020 to 2027
Market Scope
Use a nebulizer, a type of breathing apparatus, to inhale medications. Treatment with a nebulizer is performed using an air compressor device. The rapid rise is linked to the rising prevalence of chronic respiratory disorders, the expanding need for home medical equipment, and the growing elderly population. Chronic obstructive pulmonary disease (COPD), according to the Centers for Disease Control and Prevention, is the fourth most common cause of mortality in the United States.
In addition, a significant factor contributing to the rise in the prevalence of respiratory disorders in North America is the rising intake of alcohol, tobacco, and ultra-processed goods, particularly beverages with added sugar. According to data from the Centers for Disease Control and Prevention (CDC), tobacco use accounts for roughly 14% of fatalities among adults in North America between the ages of 30 and 70. Hence, it is projected that an increase in smokers and environmental pollution will boost the market for nebulizers.
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Segmentation
The Type, Use, Portability, and End User segments of the global nebulizer market have been established.
Mesh, jet, and ultrasonic nebulizers are the three categories into which the worldwide nebulizers market has been divided. Active and passive parts of the mesh section are further separated. Due to its low price compared to other nebulizer types, the jet category is anticipated to hold the greatest market share.
The market has been divided into reusable and disposable categories based on usage. Because they are becoming more and more popular among consumers, disposable nebulizers are anticipated to account for a sizable portion of the market.
The market has been divided into tabletop and portable segments based on portability. The market for portable nebulizers is anticipated to expand at the fastest CAGR due to how simple and convenient they are to use.
The market has been divided into hospitals & clinics, home care, and others based on the end-user. Due to the higher patient footfall in hospitals, it is anticipated that the hospitals and clinics segment will hold the greatest market share.
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Regional Insights
The Americas, Europe, Asia-Pacific, and the Middle East & Africa comprise the four geographic divisions of the market.
Due to the increased demand for respiratory disorders in the region, the Americas had the largest market in 2019. North America and Latin America are the two new divisions of the Americas’ nebulizer market, with the US and Canada making up the majority of the former. Western Europe and Eastern Europe are the two subregions of the European nebulizer market. Germany, France, the United Kingdom, Italy, Spain, and the rest of Western Europe have all been added to the list of countries in the Western European market. Asia-Pacific has been divided into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific to segment the nebulizers market. The market in Asia-Pacific is anticipated to expand the fastest due to the rising incidence rate of respiratory disorders.
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