Pneumatic Nebulizers Market Size, Share & Trends Analysis Report 2021-2028
Pneumatic Nebulizers Industry Overview
The global pneumatic nebulizers market size was valued at USD 644.34 million in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.0% over the forecast period. The increasing incidence of chronic respiratory diseases, demand for home healthcare devices, and growing geriatric population are the factors expected to drive the market. According to statistics published by the CDC, approximately 18.4 million adults in the U.S. suffer from asthma. The COVID-19 pandemic has impacted all industries, including the pneumatic nebulizers market. Asthma or COPD patients, who were aware of the risk of airborne transmission of COVID-19, were hesitant about the use of inhaled medications, which are considered as a potential source of viral transmission and immunosuppression.
Gather more insights about the market drivers, restrains and growth of the Global Pneumatic Nebulizers market
However, medical practitioners advised all such patients to continue using their prescribed inhaled medications, including nebulizers. Therefore, the overall impact of COVID-19 on the market was minimal. Easy availability of compact pneumatic nebulizers ideal for home use, and technological innovations in these devices to reduce the sound created by them & improve their functionality, are increasing their adoption in-home healthcare. Moreover, these devices are favored by third-party payers, such as insurance companies, as they aim to reduce costs while providing quality healthcare services. These factors are expected to boost the adoption over the forecast period.
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Pneumatic Nebulizers Market Segmentation
Grand View Research has segmented the global pneumatic nebulizers market on the basis of the product, end-use, and region:
Pneumatic Nebulizers Product Outlook (Revenue, USD Million, 2016 - 2028)
- Breath-actuated
- Vented
Pneumatic Nebulizers End-use Outlook (Revenue, USD Million, 2016 - 2028)
- Hospitals & Clinics
- Home Healthcare
Pneumatic Nebulizers Regional Outlook (Revenue, USD Million, 2016 - 2028)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Market Share Insights
- January 2020, OMRON Corp. announced the opening of the Automation Center Tokyo (ATC-TOKYO) in Tokyo. With this center, customers can join the company to find solutions for any challenges arising during production.
Key Companies profiled:
Some prominent players in the global Pneumatic Nebulizers market include
- Koninklijke Philips N.V.
- Omron Corp.
- PARI Pharma
- General Electric Company
- Allied Healthcare Products, Inc.
- BD (Becton, Dickinson & Company)
- GF Health Products, Inc.
- Medline Industries, Inc.
- Briggs Healthcare
- Vectura Group Plc
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Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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