The Infinium Global Research analyzes the Inhalation Therapy Nebulizer Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global inhalation therapy nebulizer market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of inhalation therapy nebulizer. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the inhalation therapy nebulizer market during the period. The global inhalation therapy nebulizer market is projected to grow at a CAGR of 6.2% over the forecast period of 2018-2024.
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Inhalation therapies are a group of respiratory, or breathing, treatments designed to help restore or improve breathing function in patients with a variety of diseases, conditions, or injuries. An inhalation therapy nebulizer is a medical device used in inhalation therapy for administering the required drug. It is convenient when a large dose of an inhalation medication is needed. It is also used in a variety of medication treatment such as treating asthma symptoms and for immediate relief.
The nebulizer can be easier to use compared to MDIs, especially for small children, infants and anyone who has difficulty using an asthma inhaler. Nebulizer reduces the risk associated with the side effects of taking high doses of prescribed medicines. The nebulizer is administered to treat asthma, cystic fibrosis, bronchitis, common cold, COPD, and other respiratory diseases or disorder. The various types of the nebulizer in the market includes ultrasonic wave nebulizer, pneumatic nebulizer, and mesh nebulizers.
Chronic Obstructive Pulmonary Disease (COPD), Asthma, Obstructive Lung Disorders over the Globe is Escalating the Growth of Inhalation Therapy Nebulizer Market
The increasing prevalence of respiratory disorder such as chronic obstructive pulmonary disease (COPD), asthma, obstructive lung disorders over the globe is escalating the growth of inhalation therapy nebulizer industry. According to WHO, 235 million people suffer from asthma worldwide. Asthma is one of the common chronic breathing diseases. Additionally, WHO predicts that COPD will become the third leading cause of death worldwide by 2030. Due to its benefits such as ease of use compared to the dry powder of an inhaler, nebulizers are widely used for the treatment of respiratory diseases.
Moreover, increasing air pollution across the globe and growing geriatric population with various diseases are supporting factor driving the growth of inhalation therapy nebulizer market. On the other hand, the risk of drug loss caused by nebulizer during conversion of the drug into the mist is one of the major concern could hamper the growth of inhalation therapy nebulizer market. Going further, the use of inhalation therapy nebulizer in other diseases such as diabetes and migraine is expected to provide growth opportunities for Inhalation Therapy Nebulizer Market.
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North America Accounted to be the Largest Share in the Global Inhalation Therapy Nebulizer Market
Among the region, North America accounted to be the largest share in the global inhalation therapy nebulizer market. High prevalence of COPD and asthma in adults and children’s boost the demand of inhalation therapy nebulizers in the U.S. Additionally well-developed healthcare infrastructures and technological advancement are some factors boost the demand of market in North America region.
Europe is expected to witness substantial growth in the inhalation therapy nebulizer market during the forecast period. Rising awareness regarding the use of nebulizers and favorable health policies are some factors fuelling the demand for the inhalation therapy nebulizer market in the Europe region during the forecast period. The Asia Pacific is expected to be the fastest growing region during the forecast period. Growing geriatric population coupled with high cases of respiratory disorder is the main factor responsible for the growth of inhalation therapy nebulizer market.
Segments Make up the Inhalation Therapy Nebulizer Industry
The report on global inhalation therapy nebulizer market covers segments such as type, applications, and end-user. On the basis of type, the sub-markets include ultrasonic nebulizers, and atomizer jet. On the basis of applications, the sub-markets include asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis, nasal congestion, and other respiratory diseases or disorders. On the basis of end-user, the sub-markets include hospitals, ambulatory surgery centers, home care centers, and clinics.
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Key Players in the Inhalation Therapy Nebulizer Industry
The report provides profiles of the companies in the inhalation therapy nebulizer market such as 3M, AptarGroup, Inc., Boehringer Ingelheim International GmbH, Koninklijke Philips N.V., OMRON Corporation, DeVilbiss Healthcare LLC, PARI GmbH Spezialistenfüreffektive Inhalation, Air Liquide Medical Systems, A&D Company, GF HEALTH PRODUCTS, INC., Vyaire Medical Inc., and Trudell Medical International.
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the inhalation therapy nebulizer.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.