Tuesday, 6 August 2013

Nebulizer Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast (2013 - 2019)

A nebulizer is a drug delivery device through which asthma medication is turned down to liquid form (mist) which is inhaled into the lungs. These devices are used in the treatment of chronic obstructive pulmonary disorder (COPD), asthma, cystic fibrosis and other related respiratory diseases. Nebulizers work by breaking medical suspensions into small aerosol (example: mist) droplets, directly inhaled through the mouthpiece of the device. There are two major types of nebulizers available namely, mechanical and electrical nebulizers. 

Mechanical nebulizers are further categorized into homemade, human powered nebulizer and soft mist inhaler. Electrical nebulizers are categorized into jet nebulizer, vibrating mesh technology and ultrasonic wave nebulizer. The present trend in the nebulizer market shows the manufacturers shifting to online marketing and rigorous promotional activities in order to increase the sales of the devices. With the introduction of portable compressor handheld nebulizers, the market is witnessing increase in demand for these devices compared to matured and conventional compressor nebulizers.

The nebulizer market can be segmented by product type, technology and geography. This market has been witnessing steady growth over the past few years. The major factors influencing the growth of the market are increased incidence of respiratory disorders which poses a threat to public health in both developing and developed countries. The reason for increasing incidence of respiratory diseases accounts for the deskbound lifestyles, rise in global population, environmental pollution and smoking habits. High availability of other types of inhalers, entry of new players and high cost compared to other types of inhalers may restrain the market growth. 

Children and elderly patients account for the major consumer base for nebulizers market. According to the U.S. census bureau, people aged 50 years and above are likely to increase by 2030 to approximately 70 million. This favorable demographic trend along with concerns of healthcare reimbursement policies has put a pressure on hospitals to lessen the patient stay. This trend facilitates the growth of home-based healthcare. Portable compressor nebulizers further complement this due to their durability and reliability. Some of the major market players which govern the global nebulizer market space are GF Health Products, Inc., Omron Healthcare Co. Ltd., Allied Healthcare Products, Inc., Philips Respironics, Inc., and PARI Respiratory Equipment, Inc.

This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include 
  • North America 
  • Asia Pacific 
  • Europe
  • Rest of the World  
This report provides comprehensive analysis of 
  • Market growth drivers 
  • Factors limiting market growth
  • Current market trends 
  • Market structure
  • Market projections for upcoming years 
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. 

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