Global Nebulizer Market Witnessing Steady Growth

2014-03-11
Published : Mar-2014

The global market for nebulizer has been growing at a steady state owing to increased prevalence of respiratory diseases. A nebulizer is a drug delivery device that is powered by battery or electricity which turns liquid medicine into a fine mist that is inhaled into the lungs. Nebulizer comes in different sizes and shapes and they are used in the treatment of a wide number of respiratory diseases such as chronic obstructive pulmonary disorder, asthma and cystic fibrosis. There are two types of nebulizers available in the market which includes mechanical and electrical nebulizer. The global market for nebulizers is expected to grow at a compound annual growth rate of 6.17 percent from 2013 to 2018.

The global nebulizer market can be segmented on the basis of product type, technology used for manufacturing and demand across different geographical areas. According to product type, the market for nebulizers can be segmented as nebulizer devices and nebulizer accessories. On the basis of technology used, the market can be categorized as mechanical nebulizers and electrical nebulizers. Mechanical nebulizers are further segmented as human powered nebulizer, homemade nebulizer and soft mist inhaler. Electrical nebulizers can be further classified as ultrasonic wave nebulizer, jet nebulizer and vibrating mesh technology-based nebulizer. According to demand across different geographical areas, the market for nebulizers can be segmented as North America, Asia-Pacific, Europe and rest of the world. As nebulizers are effective in delivering asthma medications to children, infants and elderly who have difficulty in using an asthma inhaler, the global market for nebulizers have been growing steadily. In recent years, portable nebulizers which can be carried around conveniently are becoming increasingly popular.

Key players in the nebulizer market are Philips Respironics Inc., Omron Healthcare Co. Ltd., GF Health Products Inc., PARI Respiratory Equipment Inc., Briggs Healthcare Inc., Heyer Medical AG, Allied Healthcare Products Inc and Teleflex Inc. Increase in environmental pollution, increase in stress due to modern lifestyle and rise in smoking are some of the factors that are contributing to the increased prevalence of respiratory diseases in the global population. Increased incidence of respiratory diseases is in turn fueling the growth in the global nebulizer market. With technical advancement in the manufacturing of respiratory care devices and the growth of home-based healthcare, the market for nebulizers is expected to flourish in the future.

Explore the latest market research report on global nebulizer market @ http://www.sandlerresearch.org/global-nebulizer-market-2014-2018.html

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