Asia Pacific Nebulizer Market Size, Share & Industry Trends Analysis Report By Type (Jet, Mesh and Ultrasonic), By End-use (Hospitals & Clinics, Emergency Centers and Home Healthcare), By Application, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Asia Pacific Nebulizer Market would witness market growth of 6.1% CAGR during the forecast period (2022-2028).
Using an inhaler properly involves not only inhaling quickly and forcefully but also pushing down on the inhaler in a coordinated manner in order to make the drug come out. Certain individuals may have difficulty mastering this strategy, which often results in therapy that is unproductive. In addition, there are certain drugs, such as metaproterenol and acetylcysteine that can only be administered through a nebulizer and not via an inhaler. Nebulizers are the only devices that are capable of doing so.
Nebulizer use is as simple as taking a few deep breaths. It's as easy as taking a few deep breaths in and out to start the treatment for an asthmatic patient; all they need to do is locate a comfortable spot to sit, measure their medicine, and put it into their nebulizer unit. There has been a significant increase in the number of elderly people, which has led to an increase in the number of different gadgets and pieces of equipment that are being used to handle the numerous problems that are associated with an aging population.
In addition, the rise in the average per capita income of consumers in both developed and emerging areas has led to an increase in the use of a variety of technologically sophisticated gadgets for the treatment of a broad spectrum of illnesses. It is anticipated that producers of nebulizer devices will see a change in price as a consequence of the relocation of manufacturing to developing nations. It is possible to relate the shifting manufacturing of nebulizer devices to the ease and inexpensive availability of land in emerging nations.
India is one of the nations with the highest population density, and it has a significant proportion of its population that is at least 60 years old. And it is anticipated that the percentage of elderly people living in India will continue to climb. According to the projections made by the government of the country, the percentage will climb from 7.5% in the year 2010 to 11.1% in the year 2025. China has one of the populations that is becoming older at one of the quickest rates in the world. It is anticipated that by the year 2040, the proportion of China's population that is over 60 years old will reach 28 percent due to increasing life expectancy and falling birth rates.
The China market dominated the Asia Pacific Nebulizer Market by Country in 2021; thereby, achieving a market value of $121.1 Million by 2028. The Japan market would witness a CAGR of 5.4% during (2022 - 2028). Additionally, The India market is anticipated to grow at a CAGR of 6.8% during (2022 - 2028).
Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific. Based on Type, the market is segmented into Jet, Mesh and Ultrasonic. Based on End-use, the market is segmented into Hospitals & Clinics, Emergency Centers and Home Healthcare. Based on Application, the market is segmented into COPD, Asthma, Cystic Fibrosis and Others.
Free Valuable Insights: The Worldwide Nebulizer Market is Projected to reach USD 1.4 Billion by 2028, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, Koninklijke Philips N.V., Drive DeVilbiss Healthcare (Medical Depot, Inc.), Beurer GmBH, Vectura Group Plc (Philip Morris International, Inc.), Allied Healthcare Products, Inc., GE HealthCare Technologies, Inc., PARI GmbH, Aerogen Ltd.
Scope of the Study
Market Segments Covered in the Report:
- Hospitals & Clinics
- Emergency Centers
- Home Healthcare
- Cystic Fibrosis
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- Koninklijke Philips N.V.
- Drive DeVilbiss Healthcare (Medical Depot, Inc.)
- Beurer GmBH
- Vectura Group Plc (Philip Morris International, Inc.)
- Allied Healthcare Products, Inc.
- GE HealthCare Technologies, Inc.
- PARI GmbH
- Aerogen Ltd.
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