Nebulizers Market Set for Rapid Growth with Technological Advancement by 2030 : Impacts Covid-19
Nebulizers Market by Type,Industry Growth, Size, Trends, Share, Opportunities and Forecast to 2030
New York, NY -- (SBWire) -- 10/09/2020 --The Global Nebulizers Market accounted for over US$ 890 million in 2019. It is anticipated to grow at a CAGR of 6.3% from 2019 to 2030.
The market growth of nebulizers can be attributed to factors, such as growing geriatric population, increase in prevalence of respiratory diseases, and smoking (a prime cause for COPD and asthma), increasing air pollution and the presence of toxins and allergens in air. According to Global Initiative for Chronic Obstructive Lung Disease, around 10 million people develop tuberculosis and 1.6 million die from it each year, making it the most lethal infectious disease. These are some of the prime factors boosting market growth.
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Nebulizers Market Prominent Players:
Some of the key players operating in the global nebulizers market include Briggs Healthcare, Besco Medical, DeVilbiss Healthcare LLC, Feellife Health Inc., Convexity Scientific Inc., Invacare Corporation., Koninklijke Philips N.V., PARI, Omron Healthcare, Inc., Aerogen, and others.
Growing Factors:
Other factors such as increasing adoption for home healthcare devices such as portable nebulizers by people who are preferring treatment at home rather than in hospitals owing to the fact that it is convenient and cheaper. Along with it, increase in initiatives by government and different organizations such as American Lung Association, Global Alliance Against Chronic Respiratory Diseases (GARD), Global Initiative for Chronic Obstructive Lung Disease (GOLD) and other organizations, aid in creating awareness among people regarding preventive measures, financial aids etc. These factors are also expected to positively impact the growth of nebulizers market.
Segmentation Based On:
By Type:
Mesh Nebulizers,
Jet Nebulizers,
and Ultrasonic Nebulizers
By End User:
Hospitals & Clinics
Home Care Patients
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Regional Analysis:
Asia Pacific is estimated to account for the highest CAGR in nebulizers market during the forecast period, which is driven by large geriatric population in the region. The growth in Asia Pacific can also be attributed to increase in prevalence of people suffering from respiratory diseases in countries such as China, Singapore, Vietnam, Japan, Philippines and other Asian countries. Moreover, increasing investments for the development of private sector hospitals and healthcare facilities in the rural areas of the region and increasing demand for advanced medical devices for treatment purposes is also contributing to the growth of the market. As a result, the regional nebulizers market in Asia Pacific is likely to expand considerably during the forecast period.
Research objectives:-
- To study and analyze the global Nebulizers Market consumption (value & volume) by key regions/countries, product type and application, history data.
- To understand the structure of the Nebulizers Market by identifying its various sub-segments.
- Focuses on the key global Nebulizers Market manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
- To analyze the Nebulizers Market with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Table of Contents
1.INTRODUCTION
1.Market Definition
2.Market Ecosystem
1.Market Classification
2.Geographic Scope
3.Years Considered for the Study
1.Historical Years – 2016 & 2017
2.Base Year – 2018
3.Forecasted Years – 2019 to 2030
3.Currency Used for the Study
4.Report Beneficiary List
2.RESEARCH METHODOLOGY
1.Research Framework
2.Data Collection Technique
3.Data Sources
1.Secondary Sources
2.Primary Sources
4.Market Estimation Methodology
1.Bottoms Up Approach
2.Top Down Approach
5.Data Validation and Triangulation
1.Market Forecasting Model
2.Limitations of the Study
3.Assumptions of the Study
3.ABSTRACT OF THE STUDY
4.MARKET DYNAMICS ASSESMENT
1.Overview
2.Drivers
3.Barriers/Challenges
4.Opportunities
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In the end, Nebulizers Market industry report specifics the major regions, market scenarios with the product price, volume, supply, revenue, production, market growth rate, demand, forecast and so on. This report also presents SWOT analysis, investment feasibility analysis, and investment return analysis.
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