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Nebulizers Global Market Size, Share, Revenue, Trends, Growth Opportunities And Forecast For 2023-2032
Nebulizers Market
The Business Research Company's Nebulizers Market Report 2023 identifies rising geriatric population as the major driver for the Nebulizers Market's growth in the forecast period. For instance, according to the World Health Organization (WHO), by 2050, the world's population aged 60 years and older is expected to total 2 billion, up from 900 million. According to the United Nations, in 2020, the global population of a person aged 65 years and older was estimated to be 727 million and this number is projected to nearly double to over 1.5 billion in 2050.
The global nebulizers market size will grow from $1.08 billion in 2022 to $1.16 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global nebulizers market size is expected to grow to $1.58 billion in 2027 at a CAGR of 8.0%.
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Major competitors in the Nebulizers Market are Agilent Technologies, Becton Dickinson and Company, Koninklijke Philips N.V., Omron Corporation, COVIDien PLC.
A key trend in the Nebulizers Market includes technologically advanced. For example, in June 2020, Respira Technologies, a health technology platform development company, revealed the introduction of a pharmaceutical-focused commercial development program for its RespiRx drug delivery system. Respirx is a compact, hand-holding vibrating mesh nebulizer built for local and systemic treatment and can work in any position placed by the patient. The latest and advanced nebulizers increase the output rate which in turn will decrease the administration time.
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The Nebulizers Market is segmented -
• By Type: Pneumatic Nebulizer, Ultrasonic Nebulizer, Mesh Nebulizer
• By Application: COPD, Cystic Fibrosis, Asthma, Other Applications
• By End Use: Hospitals and Clinics, Emergency Centers, Home Healthcare
• By Portability: Portable Nebulizer, Tabletop Nebulizer
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Nebulizers Market.
The Business Research Company's "Global Nebulizers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Nebulizers Market Include:
1. Executive Summary
2. Nebulizers Market Characteristics
3. Nebulizers Market Trends And Strategies
4. Nebulizers Market - Macro Economic Scenario
5. Nebulizers Market Size And Growth
………………………………………………..
26. Africa Nebulizers Market
27. Nebulizers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nebulizers Market
29. Nebulizers Market Future Outlook and Potential Analysis
30. Appendix
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