Pune, India, 20 Feb. 2022 (GLOBE NEWSWIRE) — The global nebulizer market size is expected to grow from USD 1.16 billion in 2021 to USD 1.93 billion in 2028 at a CAGR of 7.5% over the period 2021-2028.
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Reasons for Market Growth:
- Introduction of technologically advanced systems to propel market growth
- Extensive distribution network, strong portfolio and solid brand presence to drive the market
- Rapid evolution towards the latest technologies in developed and emerging countries
- Innovative and advanced product launch propels nebulizer market growth
- Clinical efficacy of new products to drive their adoption over the period 2021-2028
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Scope and Segmentation of the Nebulizers Market Report:
| Report cover | Details |
| Forecast period | 2021 to 2028 |
| Forecast Period 2021 to 2028 CAGR | 7.5% |
| 2028 value projection | $1.93 billion |
| base year | 2020 |
| Market size in 2021 | $1.16 billion |
| Historical data for | 2017 to 2019 |
| Number of pages | 150 |
| Segments Covered | By product, by modality, by end user, regions |
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Rising costs of medical care administrations and emergency clinic stays have led to a tendency of the patient to seek therapy at home, consequently flooding the execution of breathable clinical gadgets for home medical care.
Significant players in this nebulizer market are showing their dormant high level by planning, creating and shipping today’s innovative medical service gadgets. The highly aggressive climate shaped by the central players also consoles other market players to favor creative items, subsequently widening the inactivity of this market over the course.
Other report findings:
North America was worth $0.35 billion in 2020 and had the biggest slice of the pie. The growing prevalence of asthma and other persistent respiratory ailments will likely help North America be overwhelmed in the immediate term as well.
The jet segment dominated the slice of the pie in 2020, mostly deducted from their minimal spending. Presence of few Nebulizer market players with numerous article contributions in flow nebulizer part is relied upon to push the development of the section during the estimation period.
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Regional outlook
North America was worth $0.35 billion each year in 2020 and had the most extreme nebulizer slice of the pie. A more notable event of asthma and other persistent respiratory problems, combined with the expansion of moderate compact nebulizer execution in the region, contributed to a greater portion of North America in the global market.
The Asia Pacific nebulizer market is explored by the recurrence of floods of persistent respiratory illnesses, the refinement of setting up medical services, and the proliferation of clinical gadget organizations creating inhaled drug carriers to relieve the pain. asthma and COPD.
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List of key players covered by the nebulizer market Report:
- OMRON Healthcare, Inc. (Kyoto, Japan)
- Koninklijke Philips NV (Amsterdam, The Netherlands)
- PARI Respiratory Equipment, Inc. (Midlothian, Virginia, USA)
- DeVilbiss Healthcare LLC (Pennsylvania, USA)
- Briggs Healthcare (West Des Moines, USA)
- GF HEALTH PRODUCTS, INC. (Georgia, USA)
- Trudell Medical International (London, Canada)
- Allied Healthcare Products, Inc. (Missouri, USA)
- Teleflex Medical, Inc. (Pennsylvania, USA)
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