Nebulizer Market Size, Revenue, Comprehensive Research Study, Demand, Growth and Forecast Report 2030

The nebulizer market will reach USD 1,698.1 million, growing at a rate of 7.4%, by 2030 as per a report by P&S Intelligence. The growth of the industry is attributed to the surging cases of respiratory diseases, mounting cigarette consumption, the increasing elderly population, and the pandemic of COVID-19.

The pandemic has boosted the demand for nebulizers, as COVID-19 is a respiratory disease. As this disease affect breathing, the increased number of COVID-19 cases has resulted in the speedy procurement of nebulizers all across the globe.

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Based on product type, the pneumatic nebulizer category accounted for the highest revenue in the past few years. This is because pneumatic nebulizers are durable and provide a variety of particle sizes, with no limitations for medication. Therefore, these types are popular among patients, mainly the elderly.

Based on portability, the portable nebulizer category will witness faster growth in the years to come. This is accredited to the mushrooming elderly populace and its increasing demand for suitable treatment.

In the past few years, the asthma category accounted for the largest nebulizer market share, owing to the increasing number of asthma cases.

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Based on end users, the hospitals and ASCs category dominate the industry, and it will remain dominant throughout this decade. This is due to the larger patient footfall at these healthcare units and easy hospital accessibility to individuals of any income level.

In the past few years, North America accounted for the highest revenue. This is credited to the huge healthcare expenses, high incidence of respiratory diseases, and product launches in the region.

APAC will witness the fastest growth in the industry by the end of this decade, as a result of the mounting air pollution levels, growing demand for generic nebulized drugs, increasing healthcare expenditure, and rising number of tobacco smokers.

Additionally, nations such as India, Japan, and Chiba have a large number of cigarette users, resulting in a significant increase in the cases of respiratory illnesses. Due to these factors, the necessity for nebulizers will increase in the years to come.

A key trend observed in the industry of nebulizers is the collaboration of companies to produce advanced products.

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Key players in the industry have been involved in launching new products, as well as numerous public awareness programs, to improve their brand image and portfolio. Moreover, smaller industry players are exploring new avenues and strengthening their finances to establish themselves in the industry.

It is because of the increasing incidence of respiratory illnesses, mounting expenses on healthcare, rising elderly population, and availability of portable devices from key industry players, the nebulizer industry will grow significantly in the coming years.

Market Size Breakdown by Segment

By Product Type
• Pneumatic
o Breath-actuated
o Vented
• Ultrasonic
• Mesh
o Vibrating mesh
o Static mesh
By Portability
• Portable
• Stand-Alone
By Application
• Asthma
• Chronic Obstructive Pulmonary Disease (COPD)
• Cystic Fibrosis
• Others
By End User
• Hospitals and Ambulatory Surgical Centers (ASCs)
• Emergency Centers
• Clinics
• Others

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About P&S Intelligence

P&S Intelligence offers custom and syndicated market research and consulting services to clients across the globe. Our team of young and dynamic researchers, guided by mentors with years of experience, create data-rich reports tailored to the needs of MNCs as well as startups and SMEs. We remain in a perennial quest to offer exhaustive insights into every aspect of the market, allowing businesses of all sizes to seize even the smallest of opportunities and tackle even the biggest of challenges.

This release was published on openPR.