Pune, India -- (SBWIRE) -- 05/09/2019 -- The latest report on Vibrating Mesh Nebulizer Market by Infinium Global Research gives complete coverage of the vibrating mesh nebulizer market by end-users (clinics, hospitals, emergency medical centers, and homecare) in terms of key trends, market size, forecast. In addition, the study covers deep dive into key product and applications trends in the regional markets of vibrating mesh nebulizer such as North America, Europe, Asia-Pacific and Latin America over the short run and long run. According to the report, the global vibrating mesh nebulizer market is projected to grow at a CAGR of 7.6% over the forecast period of 2018-2024.

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Vibrating Mesh Nebulizer Market: Insights

A nebulizer is a drug delivery device used to deliver medication in the form of a mist inhaled into the lungs. Nebulizer breaks up medical solutions into small aerosol droplets and delivers them directly to the patient's airways for respiratory therapy. Vibrating mesh nebulizer is a type of nebulizer. Vibrating mesh nebulizer (VMN) which is very user-friendly and is more efficient. It has extremely low residual volume. It is effectively used for the administration of inhaled antibiotics, corticosteroids, and other drugs. Vibrating mesh technology is one of the most efficient technologies used for the nebulizer.

Vibrating Mesh Nebulizer Market: Drivers and Restraints

The increasing prevalence of respiratory disorder such as chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis, obstructive lung disorders in both the adult and pediatric populations over the globe is escalating the growth of vibrating mesh nebulizer market. Asthma kills approximately 1000 people every day and affects as many as 339 million people and occurrence is rising. Asthma is one of the common chronic breathing diseases. Additionally, WHO predicts that COPD will become the third leading cause of death worldwide by 2030. Furthermore, vibrating mesh nebulizer offers significant advantages over the systemic drug delivery including reduced incidence of side effects, Ease of use for all ages, very quiet during operation, relative ease of self-administration by patients and Combine medications, as well as control dosage.

Additionally, it can be used at home, clinic, hospital and during travel. Growing awareness regarding the vibrating mesh nebulizer among the people contributes to the growth of this market. Moreover, increasing air pollution across the globe and the growing geriatric population with respiratory diseases are supporting factors responsible for the growth of the vibrating mesh nebulizer market. On the other hand, the risk of drug loss caused by nebulizer during the conversion of the drug into the mist is one of the major concern could hamper the growth vibrating mesh nebulizer market. Furthermore, increasing adoption of the nebulizer and growing consumer spending on healthcare activities are providing the growth of vibrating mesh nebulizer market in coming years.

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Vibrating Mesh Nebulizer Market: Regional Analysis

North America accounted to be the largest share in the global vibrating mesh nebulizer market. High prevalence of COPD and asthma in adults and children's boost the demand of vibrating mesh nebulizer in the U.S. Additionally, well-developed healthcare infrastructures and technological advancement in North America region contributes to the growth of this market. Moreover, raising awareness regarding the use of nebulizers, higher demand for quality health products and growing adoption of nebulizer devices have a positive impact on the growth of the market. Europe is expected to witness substantial growth in the vibrating mesh nebulizer market in the near future. The Asia Pacific is expected to be the fastest growing region during the forecast period. Growing geriatric population coupled with high cases of the respiratory disorder is the main factor responsible for the growth of vibrating mesh nebulizer market.

Vibrating Mesh Nebulizer Market: Segmentation

The report on global vibrating mesh nebulizer market covers segments such as end-users. On the basis of end-users, the sub-markets include clinics, hospitals, emergency medical centers, and homecare.

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Vibrating Mesh Nebulizer Market: Competitive Landscape

The report provides profiles of the companies in the market such as PARI GmbH, OMRON Corporation, Jiangsu Yuyue Medical Instruments Co., Ltd., Koninklijke Philips N.V., Vectura Group Plc, Health & Life Co., Ltd., HCmed Innovations Co., Ltd., Aerogen, and Philips Healthcare.

Report Findings

1. Drivers

- The Rise in Prevalence of CPOD, Asthma and Cystic Fibrosis.

- An Increasing Number of the Geriatric Population Across the Globe.

- Mesh Nebulizers are Fast, Portable, and Have A Self-Contained Power Source.

2. Restraints

- Highly Expensive When Compared with its Peers.

3. Opportunities

- Increasing Awareness About Mess Nebulizers.

- Increasing Consumer Spending on Healthcare Activities.