Press release
Nebulizers Market Development Type, End use, Industry, Regional Analysis, Opportunity and Forecasts 2030 | Briggs Healthcare, Besco Medical, DeVilbiss Healthcare LLC
A report, "Global Nebulizers Market" has been recently published by Market Industry Reports (MIR). As per the report, the global nebulizers market was estimated to be over US$ 890 million in 2019. It is anticipated to grow at a CAGR of 6.3% from 2019 to 2030.Prominent Players in the Global Nebulizers Market
Some of the prominent players in the global nebulizers market include Briggs Healthcare, Besco Medical, DeVilbiss Healthcare LLC, Feellife Health Inc., Convexity Scientific Inc., Invacare Corporation., Koninklijke Philips N.V., PARI, Omron Healthcare, Inc., Aerogen, and others.
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Growing Factor:
The market growth of nebulizers can be attributed to factors, such as growing geriatric population, increase in prevalence of respiratory diseases, and smoking (a prime cause for COPD and asthma), increasing air pollution and the presence of toxins and allergens in air. According to Global Initiative for Chronic Obstructive Lung Disease, around 10 million people develop tuberculosis and 1.6 million die from it each year, making it the most lethal infectious disease. These are some of the prime factors boosting market growth.
Other factors such as increasing adoption for home healthcare devices such as portable nebulizers by people who are preferring treatment at home rather than in hospitals owing to the fact that it is convenient and cheaper. Along with it, increase in initiatives by government and different organizations such as American Lung Association, Global Alliance Against Chronic Respiratory Diseases (GARD), Global Initiative for Chronic Obstructive Lung Disease (GOLD) and other organizations, aid in creating awareness among people regarding preventive measures, financial aids etc. These factors are also expected to positively impact the growth of nebulizers market.
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Table of Content:
INTRODUCTION
Market Definition
Market Classification
Geographic Scope
Years Considered for the Study: Historical Years - 2016 & 2017; Base Year - 2018; Forecast Years - 2019 to 2030
Currency Used
RESEARCH METHODOLOGY
Research Framework
Data Collection Technique
Data Sources
Secondary Sources
Primary Sources
Market Estimation Methodology
Bottom Up Approach
Top Down Approach
Data Validation and Triangulation
Market Forecast Model
Limitations/Assumptions of the Study
ABSTRACT OF THE STUDY
MARKET DYNAMICS ASSESSMENT
Overview
Drivers
Barriers/Challenges
Opportunities
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