Press release
Vaporizers Market Forecast 2024-2033 - Major Trends, Segments And Fastest Growing Regions | Procter & Gamble. Company, GE Healthcare Technologies Inc, Atmos Nation LLC
Vaporizers Global Market Report 2024
The Business Research Company offers in-depth market insights through Vaporizers Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The vaporizers market size has grown exponentially in recent years. It will grow from $21.92 billion in 2023 to $27.97 billion in 2024 at a compound annual growth rate (CAGR) of 27.6%. The growth in the historic period can be attributed to shift in consumer preferences, health and wellness trends, regulatory changes favoring vaping, increasing social acceptance, product innovation and design.
The vaporizers market size is expected to see exponential growth in the next few years. It will grow to $70.55 billion in 2028 at a compound annual growth rate (CAGR) of 26.0%. The growth in the forecast period can be attributed to rise in growing e-cigarette usage, expansion of vape culture, focus on sustainable and eco-friendly products, health consciousness and harm reduction. Major trends in the forecast period include disposable vaporizer pens, innovation in materials and design, customization and personalization, strict regulatory compliance, eco-friendly practices.
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Market Segmentation:
The vaporizers market covered in this report is segmented -
1) By Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers
2) By Application: Personal Use, Medical Application, Other Applications
3) By Distribution Channel: Online, Retail
Major Driver - Advancements In Vaporizer Technology Fueling Growth In The Vaporizers Market
Growing advancements in vaporizers are driving the growth of the vaporizers market. Enhanced vaporizers can measure the required amount of anesthetic agents and can self-regulate the supply of anesthetic agents. For instance, GE Healthcare, a leading global medical technology, and life sciences company offers Aladdin Cassette, an electronic vaporizer that can measure the dose of anesthetic agents and store the information.
Competitive Landscape:
Major companies operating in the vaporizers market report are Procter & Gamble. Company, GE Healthcare Technologies Inc, Atmos Nation LLC, Draegerwerk AG & Co. KGaA, Rothacher Medical GmbH, HANU LABS INC, Intersurgical Ltd., PAX Labs Inc, Boundless Technology, Ghost Vapes CO LIMITED., Felton Grimwade & Bosisto's Pty Ltd., Puffco Corporation, Allied Medical Ltd, Penlon Ltd, Storz & Bickel GmbH & Co. KG, Firefly Vapor, Grenco Science Inc, Organicix LLC, Linx Vapor, DynaVap LLC, DynaVap LLC, Dr. Dabber Inc., Fyron, Kindwell Medical, OES Medical, Vapium Inc, KandyPens Inc, Vanker OÜ, Vaporizer Sales & Service, Arizer, Magic-Flight Launch Box, Utillian, Haze Technologies, Cloudious9 Inc., AirVape, C/O The Kind Group LLC, VAPE SOURCE (MCR) LTD., Healthy Rips, Ditanium Vapor
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Top Trend - Growing Demand For Medicated Vaporizers With Precise Temperature Control In The Vaporizers Market
Medicated vaporizers have gained increasing demand in the vaporizers market. vaporizers have controlling heating technology and offer the possibility of precisely adjusting the temperature of the heater using a display on the unit, giving the user full control over the density of the aerosol produced. For instance, Storz & Bickel, a subsidiary of Canopy growth corporation has developed and manufactured vaporizers (Volcano medic and the Mighty medic) as per European Medical Device Directive 93/42/ECC and Standard DIN EN 60601.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Vaporizers Market Characteristics
3. Vaporizers Market Trends And Strategies
4. Vaporizers Market - Macro Economic Scenario
5. Vaporizers Market Size And Growth
…..
27. Vaporizers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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