About Inhalation Therapy Nebulizer
Inhaled methods provide medication directly to the airway, which is helpful for lung diseases. The patient and health care provider can select from a range of delivery systems for inhaling medication. A nebulizer delivery system consists of a nebulizer which is a small plastic bowl with a screw-top lid and a source for compressed air. The airflow to the nebulizer changes the medication solution to vapor. When inhaled correctly, the medication has a better chance to reach the small airways. This increases the medication's effectiveness. According to WHO, 235 million people suffer from asthma worldwide. Asthma is one of the common chronic breathing diseases. Additionally, WHO predicts that COPD will become the third leading cause of death worldwide by 2030.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 8.1% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Inhalation Therapy Nebulizer market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
PARI GmbH (Germany), Omron (Japan), Drive DeVilbiss Healthcare (United States), Philips Respironics (Netherlands), Briggs Healthcare (United States), Trudell Medical International (Canada), GF Health Products (United States), Rossmax International Ltd. (Taiwan), Airssential (Australia), Clement Clarke International (United Kingdom), Medline Industries, Inc. (United States), Allied Healthcare Products Inc. (United States) and Agilent Technologies (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Yuwell (China) and Folee (China).
Segmentation Overview
AMA Research has segmented the market of Global Inhalation Therapy Nebulizer market by Type (Jet, Ultrasonic and Mesh), Application (COPD, Cystic Fibrosis, Asthma and Others) and Region.
On the basis of geography, the market of Inhalation Therapy Nebulizer has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Medications Used, the sub-segment i.e. Albuterol will boost the Inhalation Therapy Nebulizer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Portability, the sub-segment i.e. Tabletop will boost the Inhalation Therapy Nebulizer market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Alternatives such as Metered-Dose-Inhaler (MDI) and Technology Advancement in Nebulizers
Market Growth Drivers:
Growing Need to Control Healthcare Expenditure and Rising Incidence of Chronic Respiratory Diseases
Challenges:
Delivery of Medications Takes Longer Through a Nebulizer than Through an Inhaler and Often require a stationary power source
Restraints:
Dispersion and Wastage of the Drug during Delivery to the Respiratory Tract
Opportunities:
Increasing Adoption of Home Healthcare Devices
Market Leaders and their expansionary development strategies
In March 2023, PARI Respiratory Equipment announced that it has acquired Nortev, a manufacturer of an equine respiratory therapy device to develop new inhalation therapies & devices like nebulizers for animals suffering from respiratory diseases.
On May 6, 2021, Vectura Group plc, a leading inhalation Contract Development and Manufacturing Organization (CDMO), and Inspira Pharmaceuticals Limited, a newly established UK-based company specializing in the development of therapies for respiratory and infectious diseases, announced a partnership to create an inhaled formulation of Inspira's primary drug candidate for treating COVID-19.
Some of the guidelines recommended by The European Respiratory Society (ERS) for the use of nebulizer in specific circumstances, using either a jet nebulizer or an ultrasonic nebulizer to administer a drug to the airways or lungs in the form of an aerosolized mist of fine droplets.
Key Target Audience
Manufacturers of Inhalation Therapy Nebulizer, Suppliers of Inhalation Therapy Nebulizer, Wholesalers, Distributors and Retailers of Inhalation Therapy Nebulizer, Healthcare Industry, Regulatory Bodies and Governmental Bodies
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.