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Nebulizers Market 2023 - By Industry Demand, Future Trends, Upcoming Business Strategies And Industry Revenue Forecast By 2032
Nebulizers Market
The Business Research Company's Nebulizers Global Market Report 2023 identifies rising geriatric population across the globe 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 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 market size of the global nebulizers 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 nebulizer therapy requires. However, during nebulization aerosols with a smaller particle size are inhaled or delivered to the site of action while large particles return to the reservoir feeding tube. Also, some of the drug aerosols settle on the walls of the baffle. This drug is retained within the nebulizer, (also called residual drug or dead volume) or released into the environment during expiration. This results in drug wastage. Drug wastage during exhalation is therefore challenging the growth of the nebulizer market. The development of technically advanced novel nebulizers is however expected to reduce drug wastage and improve delivery efficacy.
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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. Nebulizers Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
………………………………………………………
20. Global Nebulizers Market Competitive Landscape
21. Nebulizers Market, Key Mergers And Acquisitions
22. Nebulizers Market Opportunities And Strategies
23. Nebulizers Market, Conclusions And Recommendations
24. Appendix
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