Mesh Nozzle Plates Market Expected to Expand at a Steady 2021-2028 | Veco B.V., Aerogen Ltd., temicon GmbH, Hamilton Medical

A nozzle plate is made up of nozzles, liquid chambers, and connection channels between the liquid chambers and the liquid supply containers. Nozzle plates are widely used for precise dispensing of various liquids or gases. Major applications include medical nebulizer plates/meshes, ventilators, flow control discs, and fuel injection nozzle plates. The nozzle plates must be precise and accountable at the sub-micron level for highly accurate dispensing and control.

Nebulizers are used as oral drug delivery systems for patients suffering from lung diseases. An ultrasonic nebulizer through a nozzle plate can convert large sized drug droplets into small sized drug droplets for inhalation. As a result, the size of the orifices in the nebulizer nozzle plate is critical for effective aerosol therapy for lung diseases.

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Global Mesh Nozzle Plates Market - Impact of the Coronavirus (COVID-19) Pandemic

Coronavirus (COVID-19) outbreak was first reported on December 31, 2019, in Wuhan, China. The World Health Organization declared COVID-19 as pandemic on March 11, 2020. According to the Coronavirus (COVID-19) Weekly Epidemiological Update by the World Health Organization, over 182 million cases and 3.95 million deaths due to Coronavirus disease (COVID-19) were reported till July 2, 2021, across the globe.

Impact of COVID-19 on Demand and Supply of Mesh Nozzle Plates

The COVID-19 pandemic and lockdown in various countries across the globe have impacted the financial status of businesses across all sectors including private healthcare sector. The COVID-19 pandemic has impacted the entire supply chain of the healthcare industry mainly due to strict lockdown in several regions. The COVID-19 pandemic has affected the economy of various regions across the globe in three main ways; 1) by directly affecting the production and demand; 2) by creating disruptions in distribution channels; and 3) through its financial impact on companies and financial markets. Several countries such as Thailand, Indonesia, and Singapore are facing problems with regards to transportation and distribution of healthcare products.

Thus, impact of the Coronavirus (COVID-19) pandemic is expected to limit the growth of the global mesh nozzle plates market during the forecast period, owing to the decrease in the sales of healthcare products and constraints in supply chain and logistics. For instance, according to news article published on World Bank’s website, in April 2020, the global economic shock caused by the COVID-19 pandemic has driven down most commodity prices. Metals commodities were the mostly affected by the unexpected halt in economic activity and the looming global slowdown. Furthermore, supply chain disruptions and government actions to restrict exports or stockpile commodities could disrupt the consumption and production of other commodities, and jeopardizing food security. According to the same source and analysis, the pandemic has the potential to affect commodity demand and supply for an extended period of time. This is expected to hamper the growth of global mesh nozzle plates market.

The global mesh nozzle plates market is estimated to be valued at US$ 19.3 Mn in 2021, and is expected to exhibit a CAGR of 5.3 % over the forecast period (2021-2028).

The advancement of technology for ventilators is the major factor that is expected to drive the growth of global mesh nozzle plates market over the forecast period.

Rise in the advancement of technologies for ventilators is ex pected to bolster the growth of global mesh nozzle plates market. For instance, on December 30, 2020, University of Illinois Researchers published an article describing Illinois RapidVent emergency ventilator for the treatment of COVID-19, in the journal PLOS One. The RapidVent emergency ventilator was designed, prototyped and tested at the start of COVID-19 pandemic 2020. The ventilator is powered by the oxygen source's gas pressure and uses a valve to cycle between inhalation and exhalation at pressures set by the operator. There are two ways to connect the supply oxygen to the RapidVent. The first is an entrainment nozzle, which mixes oxygen with room air. The second option is a cap that provides 100% oxygen.

Research and Development Activities

Increasing number of clinical trials for mesh nebulizers is expected to aid in the growth of the global mesh nozzle plates market over the forecast period. For instance, according to article published in journal of Future Science, in January 2018, the combined search results from the U.S. and European Union (EU) clinical trial databases yielded 256 nebulizer studies. Mesh nebulizers have been used in more clinical trials than jet or ultrasonic nebulizers, with 60% of clinical trials using a mesh nebulizer, 36% using a jet nebulizer, and 4% using an ultrasonic nebulizer.

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Major Players Are Operating In This Market Are: Veco B.V., Aerogen Ltd., temicon GmbH, Hamilton Medical, Belkin International, Getinge (Electrolux AB), Omron Corporation, TEKCELEO, APC International, Ltd., and Maidencreek Manufacturing Sales LLC.

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