Nebulizers Market to Grow at 6.29% CAGR Driven by Respiratory Disorders to 2020
The global nebulizers market report analyze people worldwide are inclining toward portable nebulizers due to their hand-held and battery-operated features. The shift toward treatment options in home care settings also led to the increased adoption of portable nebulizers
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The augmented use of home healthcare devices is the key driver for the growth of nebulizers market. Recently, it has been observed that patients want to take an active role in managing their diseases by opting for devices that help them diagnose and treat diseases in the comfort of their homes. This shift in the patients’ preference will bolster the demand for home healthcare devices like nebulizers during the predicted period. The analysts forecast global nebulizer market to grow at a CAGR of 6.29% during the period 2016-2020.
Complete report on nebulizers market spread across 56 pages, profiling 4 companies and supported with 32 data exhibits is now available at http://www.reportsnreports.com/reports/461288-global-nebulizers-market-2016-2020.html.
The recent rise in the incidence of respiratory disorders is one of the prime factors impelling the nebulizers market growth during the forecast period. Respiratory diseases such as cystic fibrosis, asthma, and chronic obstructive pulmonary disease (COPD) are increasing among the global populace owing to factors such as exposure to environmental pollution and allergens, and persistent smoking. These respiratory disorders have in turn increased the demand for efficient and easy drug delivery devices like nebulizers.
According to the nebulizers market report, the recent rise in the incidence of respiratory disorders is one of the prime factors impelling market growth during the forecast period. Respiratory diseases such as cystic fibrosis, asthma, and chronic obstructive pulmonary disease (COPD) are increasing among the global populace owing to factors such as exposure to environmental pollution and allergens, and persistent smoking. These respiratory disorders have in turn increased the demand for efficient and easy drug delivery devices like nebulizers. Order a Single User License Copy of Global Nebulizers Market 2016-2020 Report at http://www.reportsnreports.com/Purchase.aspx?name=461288.
Product-based Segmentation of the Nebulizers Market – Nebulizer devices and Nebulizer accessories
The nebulizer devices segment, which includes devices like jet nebulizers, mesh nebulizers, and ultrasonic nebulizers, will account for a market share of more than 83% by 2020. Much of this segment’s growth can be attributed to the widespread availability of devices that offer specific benefits depending on their design and ease of use.
Geographical Segmentation and Analysis of Nebulizers Market
Nebulizers market research analysts estimate the Americas to be the largest market for nebulizers during the forecast period. This region presently accounts for the largest market share and is anticipated to retain its dominating hold over the market owing to the high prevalence of respiratory disorders, such as asthma, cystic fibrosis, and COPD, among the aging population.
Competitive Landscape and Key Vendors
The global nebulizers market is still in its growth stage and is characterized by the presence of numerous global and regional players. Due to intense competition in this market, the vendors adopt innovative marketing strategies, such as using online marketing tools and developing customized nebulizers for children, to bolster their market shares during the forecast period.
The prominent vendors analyzed in nebulizers market are: BD, Omron, PARI, and Philips.
Other prominent vendors in the market include Airon, Allied Healthcare Products, AirSsential, Briggs Healthcare, Clement Clarke International, Drive Medical, GF Health Products, Heyer Medical, Mass Biomedicals, Medline Surgical, Mehar Healthcare, MRK Healthcare, Nidhi Surgical, Nidek Medical, Salter Labs, and Teleflex.
Further, the nebulizers market report states that alternate devices such as inhalers can restrict the sales of nebulizers in the market.
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