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Nebulizers Market Size
Nebulizers Market size was worth more than USD 783 million in 2022 and is estimated to record significant growth at around 9.5% CAGR from 2023 to 2032 driven by the rising prevalence of respiratory diseases globally.
Respiratory ailments have been spreading increasingly owing to the high level of air pollution. Moreover, smoking and occupational exposures cause airway blockage, which leads to COPD. Nebulizers help to ensure that the proper medicine is delivered to the right location in the respiratory system. Research has indicated that using nebulizers can improve outcomes for conditions, including seasonal flu brought on by weather changes, chronic obstructive pulmonary disease (COPD), bronchitis, and even asthma. The National Institute for Health Statistics estimates that 25 million Americans suffer from asthma.
Why is the tabletop nebulizers industry gaining traction?
Tabletop segment is estimated to surpass a valuation of USD 1 billion by the end of 2032 driven by the availability of reimbursement policies.
What is the nebulizers market size?
Global market for nebulizers was valued at over USD 783 million in 2022 and is projected to grow significantly at around 9.5% CAGR between 2023 and 2032 propelled by the rising prevalence of respiratory diseases globally.
Who are the major players operating in the nebulizers sector?
Sunset Healthcare Solutions, Omron Corporation, PARI Respiratory Equipment, Inc., Allied Healthcare Products, Inc., Koninklijke Philips N.V., VYAIRE MEDICAL, INC., Vectura Group Ltd, Lepu Medical Technology (Beijing) Co. Ltd., and GF Health Products, Inc., are some of the prominent enterprises engaged in the nebulizers industry.
How big is the North America nebulizers industry?
North America nebulizers market accounted for more than 38% of the overall industry revenue in 2022 and is expected to grow rapidly through 2032 owing to the high cases of respiratory disorders and chronic diseases in the region.