As per estimates, portable breath-actuated pneumatic nebulizers market has also been anticipated to register a CAGR of 6.1% over 2018-2024, primarily driven by the convenience these products offer as well as the ease of functionality and handling. The conspicuous size of portable nebulizers in tandem with the better outcomes in asthma treatment will also stimulate the portable breath-actuated pneumatic nebulizers industry.
Pneumatic nebulizers market is slated to experience remarkable growth prospects in the years to come, owing to the product’s prominent application in the medical and pharmaceutical space. Given the surging prevalence of asthma and COPD (chronic obstructive pulmonary disease) across the globe, the demand for nebulizers has been continually surging in respiratory disease treatment.
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One of the most developed and technologically driven countries of the West, the United States stands as a prominent contributor to the global pneumatic nebulizers market. One of the primary reasons for the same is the escalating adoption of smoking and the surging prevalence of chronic respiratory disorders that lead to a surge in demand for appropriate treatment. As per estimates, more than 25 million Americans are known to suffer from asthma while around 14.8 million adults are diagnosed with COPD. Prominently driven by the rising availability of reimbursements and insurance coverage, the U.S. pneumatic nebulizers market is estimates to register a CAGR of 4.8% over 2018-2024.
Japan pneumatic nebulizers industry with a revenue share of 36.9% dominated the Asia Pacific market in 2017. The regional market size expansion will majorly be driven by the rapid adoption of technologically sophisticated products in the country. The existence of a large number of geriatric populations along with surging pollution levels will foster pneumatic nebulizer business growth in the region.
The global pneumatic nebulizers industry is replete with a slew of prominent giants that are planning to expand their global presence by investing significant capital into low and middle-income countries. Adopting growth strategies such as mergers and acquisitions is rather commonplace in this industry, for companies to strengthen their presence. Some of the noteworthy participants in pneumatic nebulizers market are Philips Respironics, Becton Dickinson, Omron Corporation, DeVilbiss Healthcare, ARI Medical, Heyer Medial AG, Briggs Healthcare, and Salter Labs.
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Partial Chapter of the Table of Content
Chapter 4. Pneumatic Nebulizers Market, By Product
4.1. Key segment trends
4.2. Vented pneumatic nebulizers
4.2.1. Market size, by region, 2013-2024 (USD Million)
4.2.2. Table-top vented pneumatic nebulizers
18.104.22.168. Market size, by region, 2013-2024 (USD Million)
4.2.3. Portable vented pneumatic nebulizers
22.214.171.124. Market size, by region, 2013-2024 (USD Million)
4.3. Breath-actuated pneumatic nebulizers
4.3.1. Market size, by region, 2013-2024 (USD Million)
4.3.2. Table-top breath-actuated pneumatic nebulizers
126.96.36.199. Market size, by region, 2013-2024 (USD Million)
4.3.3. Portable breath-actuated pneumatic nebulizers
188.8.131.52. Market size, by region, 2013-2024 (USD Million)
Charts & Figures
FIG 1. Industry segmentation
FIG 2. Global market, 2013 – 2024
FIG 3. Growth potential analysis, by product
FIG 4. Porter’s analysis
FIG 5. Strategy dashboard
FIG 6. PESTEL analysis
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