Nebulizer Market

Global nebulizer market is all set to cross the US$1 Bn mark toward the end of 2030.

Market Analysis in Brief

Increasing awareness about the growing prevalence of the various respiratory diseases, prominently asthma, and chronic obstructive pulmonary disorder (COPD) is poised to drive the growth of global nebulizer market. While COVID-19 pandemic has been a major booster to nebulizer sales, brands continue to be on their toes in terms of launching technologically innovative nebulizer machines on the market. Growing adoption during treatment of elderly with comorbidities, and the surge in demand for nebulizers for pediatric use is also likely to be an important factor contributing toward the growth of nebulizer industry’s growing pace. Toward the end of the forecast year, 2030, the nebulizer industry’s revenue is expected to hit the billion-dollar mark.

Key Report Findings

• Growing prevalence of asthma, COPD, and other respiratory disorders collectively push nebulizer market growth
• Technological innovations, and faster FDA approvals will heavily contribute toward market expansion
• Jet nebulizers will remain the bestseller through 2030 end
• Pediatric nebulization treatments widely involve tabletop nebulization machines
• The US market for nebulizers leads its way

Growth Drivers

Rising Prevalence of Respiratory Conditions

Asthma is one of the leading respiratory ailments worldwide. COPD has also been exhibiting a higher rate of prevalence as a result of mounting air pollution levels, active and passive tobacco smoking, and growing occupational exposure. These remain the primary factors pushing growth prospects up for nebulizer market.

The pandemic acted as an overnight push factor for respiratory conditions typically affecting lungs, and throat, which further complemented the sales of nebulizer machines. Moreover, the widely known ability of nebulizers to better the outcomes of conditions like seasonal flu, bronchitis, asthma, and even COPD will boost nebulizer market growth in future.

Growing Prominence of Home Healthcare

With home healthcare carving its own niche in the global healthcare world, home-use, portable nebulizers have become one of the essentials assisting patients at home. The recent past has observed a remarkably growing preference for home healthcare against expensive hospitalizations.

Portable, compact nebulizers are easily available on the market and touted as the most convenient aid for using at home by patients. Frequent innovations in the category targeting improved functionality are poised to accelerate the rate of adoption in global nebulizer market.

Supportive Reimbursement Scenario

Nebulization has been one of the covered areas under the reimbursement structure, especially across the developed western regions. While this widely boosts uptake of nebulizers across all the end-use sectors including hospitals, clinics, and home healthcare setups, research indicates a favorable reimbursement scenario as one of the strongest factors accounting for the growth of nebulizer market in the US, Canada, and key European countries.

Growth Challenges

Potential Loss of Drug During the Process

Despite an ascending growth trajectory that is being projected for the nebulizer market space over the near term, there remain a few challenges to market growth that will most likely hold their influence in long term. Potential drug loss during the process of nebulization has been a major challenging factor limiting nebulizer uptake. Moreover, the drug delivery time with nebulizer is prolonged when compared with the conventional drug delivery methods. This is also expected to hamper the pace of market growth.

Besides lengthy treatment duration and medication loss during nebulizer operation, preference for conventional nebulizers remains challenged by their unfavorable power requirements. Studies also point to the potential possibility of a greater infection risk from aerosols and droplet nuclei, which may remain a longstanding challenge facing the market.

Overview of Key Segments

Jet Nebulizers Top Selling

The effectiveness of jet nebulizers in terms of simple, tidal breathing primarily drives their demand in the nebulizer market. Moreover, jet nebulizers continue to sell in the highest proportions as they allow dose modification and compounding possibilities.

The cost benefit, and convenience that place jet nebulizers ahead of their conventional ultrasound counterparts will most likely uphold the jet nebulizer segment in long run. A large coverage of COPD medications is another strong advantage that affirms continued dominance of jet nebulizers in the global nebulizer industry.

Tabletop Nebulizers Sought-after for Children

In terms of the portability of nebulizers, tabletop nebulizers represent the leading category on account of their operational benefits. Preference for tabletop nebulizers when it comes to routinely treating young children as these machines are available in multiple innovative, engaging models.

Growth Opportunities Across Regions

North America Retains Primacy

As reported in its National Asthma Prevalence 2020, the Centers for Disease Control and Prevention (CDC) marks an alarming number of patients living with asthma, COPD, sleep apnea, and TB, which also include a sizeable population of children, and adolescents. North America’s nebulizer market predominantly gains from a higher burden of respiratory diseases on the system.

Research also indicates that the maximum revenue is brought in by the dominant sales of portable nebulizer machines as patients seek healthcare aids that complement their fast, on-the-go lifestyle. Supportive reimbursement is also responsible for the continued lead of North America in the global nebulizer industry.

Key Players in Global Nebulizer Industry

A few of the most significant companies steering the competition landscape of worldwide nebulizer market include Rossmax International Ltd., GF Health Products Inc., Agilent Technologies, Drive DeVilbiss Healthcare, and Vyaire Medical Inc.

Recent Notable Developments

• In 2020, Renovion raised funds worth US$8.1 Mn targeting the developments of an experimental nebulizer therapy to be potentially used for patients with cystic fibrosis, and non-cystic fibrosis bronchiectasis
• In 2020, the US FDA approved of 510(k) clearance to AireHealth’s connected nebulizer, i.e., VitalMed. This electronic vibrating mesh nebulizer is portable and especially designed for liquid medications
• In 2023, Synergy Life Science Inc. released a statement on launching the first pocket-sized nebulizer that operates 100% on battery, Nebi. This will be a revolutionary innovation and is claimed to be an effective solution to on-the-go nebulization needs

Regional Classification of the Global Nebulizer Market is Described Below:

North America

• U.S.
• Canada

Europe

• Germany
• France
• Spain
• U.K.
• Italy
• Russia
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Southeast Asia
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East and Africa

• GCC
• South Africa
• Rest of Middle East and Africa

*Regions and countries are subject to change based on data availability

Key Elements Included In The Study: Global Nebulizer Market

• Nebulizer Market by Product/Technology/Grade, Application/End-user, and Region
• Executive Summary (Opportunity Analysis and Key Trends)
• Historical Market Size and Estimates, Value, 2018 - 2022
• Market Value at Regional and Country Level, 2023 - 2030
• Market Dynamics and Economic Overview
• Market Size in Value, Growth Rates, and Forecast Figures, 2023 - 2030
• Competitive Intelligence with Financials, Key Developments, and Portfolio of Leading Companies 
• Regional and Product/Grade/Application/End-user Price Trends Analysis
• Value Chain and Five Force’s Analysis
• Regional/Sub-region/Country Market Size and Trend Analysis
• Company Market Share Analysis and Key Player Profiles

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