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Nebulizers Market : Current Trends & Opportunities by 2013 - 2019

08-01-2018 02:13 PM CET | Health & Medicine

Press release from: Transparency Market Research 

Nebulizers Market : Current Trends & Opportunities by 2013 - 2019

As per a recent market study published by Transparency Market Research (TMR), the global nebulizers market is forecast to be worth US$937.7 million by 2019. TMR, a market intelligence company based in the U.S., projects the growth of the global nebulizers market at a CAGR of 6.5% from 2013 to 2019. The market was worth US$610.0 million in 2012. The research report, titled “Nebulizers Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019” is available for sale on the company website.The increasing incidence of respiratory disorders such as asthma, cystic fibrosis (CFTR), and chronic obstructive pulmonary disease (COPD) combined with the increasing geriatric population is primarily driving the global nebulizers market, as per the TMR study. Moreover, in developed nations such as the U.S. and the U.K., government initiatives to bring respiratory disorders under control will further boost the market.

Request a Brochure of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1436

For the purpose of the study, the report segments the global nebulizers market as per product type and geography. Based on product type, the market is segmented into ultrasonic nebulizers, pneumatic nebulizers, and mesh nebulizers. As noted in the TMR report, pneumatic nebulizers dominated the product type segmentation in 2012 owing to its cost-effectiveness over other types of nebulizers. However, factors such as slow drug delivery and low efficacy may challenge the uptake of this product segment of the global nebulizers market.Although mesh and ultrasonic nebulizers offer more efficient medication delivery than pneumatic nebulizers, high cost and the possibility of drug deactivation during delivery may inhibit the demand for these devices.

As per geography, TMR market study segments the global nebulizers market into North America, Asia Pacific, Europe, and Rest of the World (RoW). Regionally, North America stood as the largest nebulizers market in 2012 on account of having the highest prevalence of COPD and asthma cases. During the forecast period, North America will continue to register as a leading market for nebulizers owing to further growth in the incidence of various respiratory diseases in the region.Europe followed North America in terms of market share of the global nebulizers market in 2012 owing to the large geriatric populace in the region.

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As analyzed in the TMR research report, Asia Pacific will exhibit the highest CAGR between 2013 and 2019, due to the rising prevalence of bronchitis and asthma in this geographical region. Growing pollution is expected to make China a significant party in the Asia Pacific market for nebulizers. Moreover, large medical device manufacturers are focusing on establishing a strong market presence and increased investment in the Asia Pacific region for higher revenue returns.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector – such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

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Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com

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