Nebulizers Market, by Product Type (Pneumatic Nebulizer, Ultrasonic Nebulizer, Mesh Nebulizer) by End User (Hospitals, Clinics, Home Use), by System (Portable and Tabletop)– Global Industry Insights, Trends and Forecast, 2017 - 2025

Created On: Jun-2018
Report ID: IR73
Format: PDF

Market Overview

Nebulizers refers to drug delivery devices that is used to administer drugs that changes the liquid medicine into fine mist and can be delivered directly to the lungs by breathing through a mask or a mouthpiece. Nebulizers are commonly used for patients suffering from diseases such asthma, bronchiectasis, cystic fibrosis, chronic obstructive pulmonary disease (COPD) among other respiratory diseases. Additionally, due to the way of its usage and benefits, it holds advantages over other respiratory relief methods such as inhalers, liquid medicines and tablets. Additionally, it also holds the advantage of offer faster relief as it delivers medications directly to the respiratory tract unlike methodical medications which takes a longer time as it passes through the gastrointestinal tract to the blood stream. According to the American Association of Respiratory Care, Albuterol, a generally used bronchodilator takes around five minutes to work providing relief when provided through nebulizer compared to thirty minutes when given in oral form. Factors supporting the growth of nebulizers is its multi-functionality as it not only helps to treat respiratory diseases such as emphysema and asthma but also helps to dispense medications such as mucous thinning and other antibiotics. Additionally, the portability option for nebulizers is further creating demand among the working population or people leading a busy lifestyle.

Despite increasing usage of nebulizers, increasing availability of substitutes in the forms of drugs and inhalers stands to major restraining factors in the nebulizers market. Furthermore, lack of proper guidance and knowledge regarding the usage of nebulizers furthermore restricts usage among the patients.

Market Dynamics

Growing demand for nebulizers is also supported by the growing incidence of respiratory diseases globally. According to WHO, around 235 million people are suffering from bronchial asthma globally and such incidences are expected to increase owing to factors such as poor air quality and tobacco consumption among the populous.

Growing acceptance and awareness regarding the benefits of using nebulizers is also playing a major growth driver. As a result, several awareness programs are being initiated by healthcare providers and health organizations reaching out to families and educating about the respiratory diseases and use of nebulizers through various blogs and websites For instance, in 2017, Omran Healthcare Inc, launched a campaign supporting the use of nebulizers by reaching to moms to create awareness in the US.

Furthermore, technological development and customization options is furthermore supporting the growth of nebulizers worldwide. For instance, the Omron A3 Complete nebulizer is an effective adjustable nebulizer that claims to treat upper airway infections such as cold, lower airway infections such as bronchiolitis and also other diseases such as asthma. This drug delivery system offer faster treatment of less than five minutes and can also be wide for variety of drugs including isotonic and hypertonic saline solution.

Segment Analysis

In terms of product segmentation, the pneumatic nebulizer market accounted for the largest market share in terms of value sales in 2017. The demand for pneumatic nebulizer is supported by its ease of usage and handling, low cost, portability and effective design. However, the mesh nebulizer segment is expected to witness the fastest growth during the forecast period. The growth of this segment is supported by its effectiveness of using this device and technological advancements occurring in this segment. For instance, in 2017, Philips introduced the InnoSpireGo, a virtually silent handheld nebulizer designed to offer a faster and convenient treatment for all age groups.

Regional Outlook

In terms of geographic segmentation, North America held the largest market share in terms of value sales in 2017. The growth of nebulizers is supported by rising awareness campaigns by different organizations and healthcare companies. Furthermore, high cases of COPD is further creating demand and usage of nebulizers in the region. According to the American Lung Association, it was estimated that over seven million women were suffering from COPD in 2014. In 2016, it was reported that 20.4 million American adults suffered from asthma while 3724 deaths occurred in the same year due to the disease.

The APAC market stands to be one of the key markets for nebulizers and is expected to witness the fastest growth during the forecast period. Rising healthcare spending in countries such as China, India and Japan stands to key factors driving the market growth for healthcare devices in the region. For instance, in China, the healthcare industry was estimated to be over US$ 853 billion in 2016, an increase of over 12% compared to its previous year, while the medical devices segment witnessed a growth of over 20% compared to its previous year. Furthermore, the rising levels of air pollution and the high consumption of tobacco are leading to growing cases of respiratory diseases among the populous which is further expected to drive the demand for nebulizers in this region.

Competitive Landscape

Several manufacturers are also focused on mergers and acquisitions, new launches, tie-ups to increase its market presence. For instance, in 2014, OMRON Healthcare Inc, announced the acquisition of NS Indústria de Aparelhos Médicos to increase its presence in the Brazilian market.

Some of the key players operating in the global nebulizers market include Koninklijke Philips N.V., GE Healthcare Ltd, Omron Healthcare Inc, PARI Respiratory Equipment, Inc., Becton, Dickinson and Company, Allied Healthcare Products, Inc., Medline Industries, Inc and others.

Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
Our Research Approach Includes
  •  Market Outlining
  •  Framing discussion guide
  •  Data Validation
  • Data Analysis
  •  Re-Validation and Finalization of Data
  •  Report Insights and Publishing
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