This report describes and evaluates the global nebulizers market. It covers 2015 to 2019, termed the historic period, and 2019 to 2023 termed the forecast period, along with further forecasts for the periods 2023-2025 and 2025-2030.

The global nebulizers market reached a value of nearly $833.8 million in 2019, having grown at a compound annual growth rate (CAGR) of 6.6% since 2015. The global nebulizers market is expected to grow from $833.8million in 2019 to about $1,667.6 million in 2020 due to an increase in demand for the use of nebulizers in the treatment of COVID-19 patients.  The global nebulizers market is expected to grow at a CAGR of 10.9% to nearly $1,263.4 million by 2023. Also, the market is expected to growth to $1,553.9 million in 2025 at a CAGR of 10.9% and to $2,606.6 million in 2030 at a CAGR of 10.9%.

Growth in the historic period resulted from increased incidence of chronic respiratory diseases, rising healthcare expenditure in emerging economies. Factors that negatively affected growth in the historic period were the substitutes for nebulizers available in the market.
Going forward, increasing geriatric population, increasing demand for the home healthcare devices such as portable devices are expected to drive the market. Factors that could hinder the growth of the nebulizers market in the future include contamination of nebulizers and maintenance problems associated with it and wastage of drug during the use of nebulizer.

The nebulizers market is segmented by type into pneumatic nebulizer, mesh nebulizer and ultrasonic nebulizer. The pneumatic nebulizer market was the largest segment of the nebulizers market by type, accounting for $390.7 million or 46.9% of the total market in 2019. The mesh nebulizer market is expected to be the fastest-growing segment going forward at a CAGR of 11.6%.

The nebulizers market is also segmented by application into asthma, COPD, cystic fibrosis and others.  The asthma was the largest segment of the nebulizers market by application, accounting for $500.4 million or 60.0% of the total market in 2019. The COPD market is expected to be the fastest-growing segment going forward at a CAGR of 11.2%.

The nebulizers market is also segmented by end use into hospitals and clinics, emergency centers, and home healthcare.  The hospitals and clinics was the largest segment of the nebulizers market by end use, accounting for $542.0 million or 65.0% of the total market in 2019. The home healthcare market is expected to be the fastest-growing segment going forward at a CAGR of 11.4% during 2019-2023.

The nebulizers market is also segmented by age into below 5 years, 5 to 14 years, 15-69 years, and 70+ years.  The 15-69 years was the largest segment of the nebulizers market by age, accounting for $482.7 million or 57.9% of the total market in 2019. The 70+ years market is expected to be the fastest-growing segment going forward at a CAGR of 12.4% during 2019-2023.

The nebulizers market is also segmented by portability into tabletop, portable.  The tabletop was the largest segment of the nebulizers market by portability, accounting for $500.3 million or 60.0% of the total market in 2019. The portable market is expected to be the fastest-growing segment going forward at a CAGR of 14.1% during 2019-2023.

The pneumatic nebulizers market is further segmented by type into breath-actuated nebulizer, and vented nebulizer. The breath-actuated nebulizer was the largest segment of the pneumatic nebulizers market by type, accounting for $236.1 million or 60.4% of the total market in 2019. It is also expected to be the fastest-growing segment going forward at a CAGR of 11.5% during 2019-2023.

The mesh nebulizers market is further segmented by type into vibrating nebulizer, and static nebulizer. The vibrating nebulizer was the largest segment of the mesh nebulizers market by type, accounting for $168.9 million or 67.5% of the total market in 2019. It is also expected to be the fastest-growing segment going forward at a CAGR of 14.1% during 2019-2023.

The ultrasonic nebulizers market is further segmented by type into portable nebulizer, and stand-alone nebulizer. The portable nebulizer was the largest segment of the ultrasonic nebulizers market by type, accounting for $124.1 million or 64.3% of the total market in 2019. It is also expected to be the fastest-growing segment going forward at a CAGR of 10.7% during 2019-2023.

North America was the largest region in the nebulizers market, accounting for 46.8% of the global market in 2019. It was followed by Asia Pacific, Western Europe and the other regions. Going forward, the fastest growing regions in the nebulizers market will be Asia-Pacific and the Western Europe, where growth will be at CAGRs of 12.6% and 13.6% respectively from 2019-2023. 

The global nebulizers market is relatively concentrated, with a few big players and large number of small players. The top ten competitors in the market made up to 44.25% of the total market in 2019. Major players in the market include Koninklijke Philips N.V., Omron Corporation, Aerogen, PARI, Drive Medical and others.

The top growth potential in the nebulizers market by type will arise in pneumatic nebulizer market, which will gain $206.3 million of global annual sales by 2023. The top growth potential in the nebulizers market by application will arise in the asthma patients’ market, which will gain $259.9 million of global annual sales by 2023.The nebulizers market size will gain the most in the USA at $126.3 million. Market-trend-based strategies for the nebulizers market include focusing on development of light weight portable nebulizers and to focus on vibrating technology to develop new nebulizers and take initiatives to develop products from environmentally friendly products. Player-adopted strategies in the nebulizers industry include expansion of the portfolio through launch of new devices and focusing on geographic expansions.

To take advantage of the opportunities, we recommend the nebulizers companies to focus on innovative intelligent nebulizers, invest in vibrating mesh technology, provide competitively priced offerings in low-income countries, scale up through mergers and acquisitions, increase visibility through a high performance website, and focus on making portable and easy to use nebulizers.

Nebulizers Global Market Opportunities And Strategies To 2030: COVID-19 Implications And Growth from The Business Research Company provides the strategists, marketers and senior management with the critical information they need to assess the global nebulizers market.

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Description: 
Where is the largest and fastest growing market for the nebulizers market? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The global nebulizers market opportunities and strategies to 2030 report from the Business Research Company answers all these questions and many more.

The report covers the following chapters
  • Executive Summary –The executive summary section of the report gives a brief overview and summary of the report.
  • Report Structure – This section gives the structure of the report and the information covered in the various sections.
  • Introduction -The introduction section of the report gives brief introduction about segmentation by geography and segmentation by type.
  • Market Characteristics –The market characteristics section of the report defines and explains the nebulizers market. This chapter includes different goods covered in the report and basic definitions.
  • Supply Chain – The supply chain section of the report defines and explains the key players in the nebulizers market supply chain.
  • Product Analysis – The product analysis section of the report describes the leading products/services in the market along with key features and differentiators for those products/services. 
  • Customer Information– This chapters covers recent customers’ trends/preferences in the global nebulizers market. 
  • Trends And Strategies – This chapter describes the major trends shaping the global nebulizers market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities. 
  • Impact of COVID-19 – This section describes the impact of COVID-19 on the nebulizers market.
  • Global Market Size And Growth – This section contains the global historic (2015-2019) and forecast (2019 - 2023, 2025 and 2030) market values, and drivers and restraints that support and restrain the growth of the market in the historic and forecast periods. 
  • Regional And Country Analysis – This section contains the historic (2015-2019), forecast (2023, 2025 and 2030) market value and growth and market share comparison by region and countries.
  • Market Segmentation –This section contains the market values (2015-2029, 2023, 2025 and 2030) and analysis for different segments in the market.
  • Regional Market Size And Growth–This section contains the region’s market size (2019), historic and forecast (2015-2019, 2023, 2025 and 2030) market values, and growth and market share comparison of major countries within the region. This report includes information on all the regions (Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa). 
  • •Competitive Landscape – This section covers details on the competitive landscape of the global nebulizers market, estimated market shares and company profiles of the leading players.
  • Key Mergers And Acquisitions – This chapter gives the information on recent mergers and acquisitions in the market covered in the report. This section gives key financial details of mergers and acquisitions, which have shaped the market in recent years. 
  • Market Opportunities And Strategies– This section includes market opportunities and strategies based on findings of the research. This section also gives information on growth opportunities across countries, segments and strategies to be followed in those markets. It gives an understanding of where there is significant business to be gained by competitors in the next five years.
  • Conclusions And Recommendations – This section includes conclusions and recommendations based on findings of the research. This section also gives recommendations for nebulizer providers in terms of product offerings, geographic expansion, price offerings, marketing strategies and target groups.
  • Appendix – This section includes details on the NAICS codes covered, abbreviations and currencies codes used in this report.

Markets Covered: 
The global nebulizers market is segmented into -
By Type: Pneumatic Nebulizer; Mesh Nebulizer; Ultrasonic Nebulizer
Pneumatic Nebulizers market is further segmented into breath-actuated nebulizer and vented nebulizer.
Mesh Nebulizers market is further segmented into vibrating nebulizer and static nebulizer.
Ultrasonic Nebulizers market is further segmented into portable nebulizer and stand-alone nebulizer.

By Application: Asthma; COPD; Cystic Fibrosis; Others
By End Use: Hospitals And Clinics; Emergency Centers; Home Healthcare
By Age: Below 5 Years; 5 to 14 Years; 15-69 Years; 70+ Years
By Portability: Tabletop; Portable

Companies Mentioned: Koninklijke Philips N.V.; Omron Corporation; Aerogen; PARI; Drive Medical

Countries: China, Japan, India, Australia, Indonesia, South Korea, USA, Brazil, UK, Germany, France, Russia

Regions: Asia Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Time series: Five years historic and forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.