Inhalers and Nebulizers Market Growth Status, Regional Trends Forecast To 2028

According to Precision Business Insights (PBI), the latest report, the inhalers and nebulizers market is expected to be valued at USD 5,976.3 million in 2022, growing at an 23.2% CAGR from 2022 to 2028. The primary drivers of the expansion of the global inhalers and nebulizers market include the rising prevalence of asthma and chronic respiratory disorders, increasing consumption of cigarettes, advancement in technology, and high adoption rate of inhalers.

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Jet Nebulizers Segment to Dominate the Inhalers and Nebulizers Market:
Based on product type, the global inhalers and nebulizers market is segmented into jet nebulizers, ultrasonic nebulizers, mesh nebulizers, and others. The jet nebulizers segment is expected to account for a larger revenue share in the global inhalers and nebulizers market, with a value share worldwide. Nebulization devices with jet technology for delivering aerosolized medications are normally used for respiratory problems due to lower costs, and safety. Hence, this device has a high adoption rate and ample demand worldwide.

North America Inhalers and Nebulizers Market:
North America is expected to increase in the global inhalers and nebulizers market over the forecast period. North America is expanding in the global inhalers and nebulizers market as a result of the increasing prevalence of asthma, and other chronic respiratory conditions, along with the increasing adoption rate of advanced portable inhalers in the region. Asia Specific held considerable market share during the estimated period owing to the rising prevalence of chronic respiratory diseases, improving healthcare infrastructure, and the growing number of medical device companies in the emerging countries in this region.

Strategic New Product Launches, Mergers, Acquisitions, and Agreements are the key strategies adopted by market players:
The global inhalers and nebulizers market further reveals that the key players are increasingly adopting strategies such as the launch of newer products, product launches, and long-term alliances to improve market revenue share and gain significant geographic presence across the region.

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The inhalers and nebulizers market is segmented based on product type, modality, end-user, and geography.
Based on the product type, the market is segmented into the following:
• Jet Nebulizer
• Ultrasonic Nebulizer
• Mesh Nebulizer
• Others

Based on the modality, the market is segmented into the following:
• Portable
• Table-top

Based on the end user, the market is segmented into the following:
• Hospitals
• Clinics
• Homecare Settings
• Others

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

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Key players' profiles in the inhalers and nebulizers market report are Adherium Limited, Cohero Health Inc., AstraZeneca, Inc., Cognita Labs, LLC, GlaxoSmithKline Plc, Novartis AG, OPKO Health Inc., Philip Morris International Inc., Resmed Inc., Teva Pharmaceutical Industries, and Omron Healthcare.

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