Nebulizers: Key market research findings
- Use of home healthcare services
- Growing inclination towards advanced portable nebulizers
Technavio has released a new market research report on the global nebulizer market, which is expected to grow at a CAGR of 6% between 2016 and 2020. The recent rise in the incidence of respiratory disorders is one of the prime factors impelling the demand for efficient and easy drug delivery devices like nebulizers. The Americas is the largest market for nebulizers, owing to the high prevalence of respiratory disorders, such as asthma, cystic fibrosis, and COPD, among the aging population.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“One of the interesting trends that this market is witnessing is the augmented use of home healthcare devices. Patients want to take an active role in managing their diseases by opting for devices that help them diagnose and treat diseases in the comfort of their homes. This shift in the patients’ preference will bolster the demand for home healthcare devices like nebulizers during the predicted period,” says Brahadeesh Chandrasekaran, Lead Analyst, Healthcare & Lifesciences, Technavio Research
Rise in respiratory disorders among aging population has pushed manufacturers to develop technologically advanced portable nebulizers for COPD and asthma. These nebulizers are battery-operated, easy-to-use, and cost-effective, besides being minimally audible and offering self-care. For instance, Philips’ MicroElite Compressor nebulizer system with a small compressor. Moreover, jet and ultrasonic nebulizers are two types of advanced models that are available as portable devices.
The leading vendors in the global nebulizer market include BD, Omron, PARI, and Philips. This market is still in its growth stage and is characterized by the presence of numerous global and regional players. Due to intense competition in this market, the vendors adopt innovative marketing strategies, such as using online marketing tools and developing customized nebulizers for children, to bolster their market shares during the forecast period.
A more detailed analysis is available in the Technavio report, Global Nebulizer Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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