According to the report analysis, ‘Global Nebulizer
Market: Drivers, Restraints and Opportunities, Trends and Forecasts to 2023’ states that there are several key players which are
recently functioning in this sector more effectively for attaining the highest
market share across the globe with the significant development in the
technology which produced effective quality of the productivity includes Medtronic
Plc, Becton Dickinson and Company, Omron
Corp., PARI Medical Holding GmbH., Philips
Healthcare, Salter Labs Inc.,Drive DeVilbiss Healthcare Ltd, Nidek
Medical India, GF Heath Products, Inc., and several others. Whereas, according
to WHO, in 2016, around 15.7 million people suffered from COPD in the US, a
6.4% upsurge in the occurrence rate when compared to 2015.Moreover, a lot of
new players are aiming on emerging smart devices to deliver real-time
end-to-end services and to attain the future business prospects. Many of the
major players in the market are introducing the new products to manage their
leadership in the market. Apart from this, the big players are attaining the
small companies in the market to improve their product portfolio and manage
their market leadership.
The respiratory diseases are one of
the world’s prevalent health concerns, causing one-sixth of all deaths across
the globe. Nebulizers are one of the devices that are utilized for provide
liquid drugs in the form of the mist. The nebulizers mainly discover its
application in chronic obstructive pulmonary disease (COPD), pneumonia, asthma
and several others. The requirement for the nebulizers is anticipated to rise
for COPD in the future owing to the increasing occurrence of the disease. In
addition, the market of nebulizers is increasing owing to growing prevalence of
the respiratory diseases, increasing geriatric population, growing demand for
the home care therapeutic devices, favorable reimbursement, technological
advancements and several others. Furthermore, the key players of this market
are playing an important role by doing effective developments in the technology
for increasing the demand across the globe which further proved to be
beneficial for leading the highest market growth with the handsome amount of
share in the coming years.
Although, The Global Nebulizers Market
is projected to witness a significant CAGR of 6.4% during the forecast period of
2017-2023. Whereas, the global market of nebulizer is segmented into product
types, end-users, and regions. On the basis region, the market of nebulizer is
spread across the globe which majorly includes North America, Europe, Asia
Pacific, and Rest of the World (RoW). For instance, the Americas is set to be
the prominent region for the nebulizer’s market growth followed by Europe. Asia
Pacific and RoW are set to be the emerging regions. India, China, and Japan are
set to be the most eye-catching destinations owing to the large untapped
market.
Rigorous government regulations for
the approval, compulsory licensing for the practitioners, and the obtain ability
of alternatives are some of the factors hindering the market growth. Whereas,
the nebulizers market is boosting owing to increasing occurrence of respiratory
diseases, favorable reimbursement, growing geriatric population, technological
advancements, and rising requirement for home care therapeutic devices.
Therefore, in the near future, it is expected that the market of nebulizer will
increase across the globe over the recent few years.
For more information on the research report, refer to below
link:
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Ankur Gupta, Head
Marketing & Communications
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