According to a new report, published by KBV research, The Global Nebulizer Market Market size is expected to reach $1.4 billion by 2028, rising at a market growth of 5.6% CAGR during the forecast period.
The Mesh market is experiencing a CAGR of 5.9% during (2022 - 2028). This is owing to technology advancements that have resulted in smaller, more compact devices that decrease medication loss. It is anticipated that the market for mesh nebulizers will continue to expand, mostly as a result of greater patient acceptability, as well as rapid treatment, mobility, and convenience.
The Hospitals & Clinics market is leading the Global Nebulizer Market by End-use in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $728.8 Million by 2028. The healthcare business would not be what it is today without hospitals, which are also the primary source of income for the whole sector. As a consequence of this, a number of corporations put in significant efforts to promote their products and services inside hospitals, both in terms of the marketing tactics they use and the amount of money they spend.
The Asthma market is estimated to witness a CAGR of 6.1% during (2022 - 2028). Asthma is a chronic condition that is rather prevalent in children. It is a sickness that cannot be passed on to other people and does not spread from person to person. Due to the rise in pollution that has occurred in the majority of countries and areas around the globe, asthma has become one of the respiratory disorders that affect the most people.
The North America market dominated the Global Nebulizer Market by Region in 2021; thereby, achieving a market value of $461.9 Million by 2028. The Europe market is poised to grow at a CAGR of 5.2% during (2022 - 2028). Additionally, The Asia Pacific market would experience a CAGR of 6.1% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/nebulizer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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