Vibrator Mesh Nebulizer Market Highlights 2020-2029
The vibrator mesh nebulizer is estimated to grow with a moderate CAGR during the forecast period, i.e., 2021-2029. Extensive research associated with chronic respiratory conditions in western countries, along with the growing investments in the development of advanced mesh nebulizers that use lower-frequency waves, are expected to fuel the progress of this market. The growth of the market can also be attributed to factors such as the increasing geriatric population and the rising prevalence of respiratory disorders such as COPD, asthma and cystic fibrosis, and obstructive lung disorders, among individuals. According to the data collected from World Health Organization, more than 90% of COPD deaths are recorded in low-income and middle-income countries. This indicates that 3 million people die each year from COPD.
The market is segmented based on type into active mesh nebulizers and passive mesh nebulizers, out of which, the active mesh nebulizers segment is anticipated to grab the largest share by the end of 2029 on account of portability and better efficiency of active mesh nebulizers than the passive ones. Furthermore, active mesh nebulizers use a piezo feature that contracts and expands in response to an electric current and vibrates a precisely drilled mesh in contact with the drug in order to produce an aerosol, which is also projected to contribute to the growth of the segment during the forecast period. CLICK TO DOWNLOAD SAMPLE
On the basis of end user, the clinics segment in the market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the rising number of private respiratory clinics and the rise in the adoption of advanced technologies for respiratory care in clinics.
Vibrator Mesh Nebulizer Market Regional Synopsis
Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa region. The market in North America is predicted to occupy the largest share over the forecast period owing to the well-developed healthcare infrastructure and technological advancement in the region. Along with this, adequate reimbursement policies for these devices also boost the market growth in the region. Furthermore, the market in the Asia Pacific is expected to be the fastest-growing region, owing to the rising awareness regarding the application of vibrator mesh nebulizers and increasing geriatric population coupled with high cases of chronic respiratory disorders.
According to the Centers for Disease Control and Prevention (CDC), every 1 in 13 suffering from asthma in the country. The high prevalence of COPD and asthma in children and adults propel the demand for vibrator mesh nebulizer in the U.S.
The global vibrator mesh nebulizer market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
- Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis
- Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis
Market Segmentation
Our in-depth analysis of the global vibrator mesh nebulizer market includes the following segments:
By Type
- Active Mesh Nebulizers
- Passive Mesh Nebulizers
By Portability
- Portable Nebulizers
- Stand-alone Nebulizers
By Distribution Channel
- Online
- Offline
By End User
- Hospitals
- Clinics
- Home Care Settings
- Ambulatory Surgical Centers
- Others
Growth Drivers
- Rising prevalence of respiratory disorders such as chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis
- Increasing geriatric population worldwide
- Growing awareness about vibrator mesh nebulizer
Challenges
- Presence of substitutes for treatment option
- Loss of drug during the nebulization process
Top Featured Companies Dominating the Market
- OMRON Healthcare
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- PARI GmbH
- Jiangsu Yuyue Medical Instruments Co.,Ltd
- Koninklijke Philips N.V.
- Aerogen
- Rossmax International Ltd.
- Vectura Group plc
- HCmed Innovations Co., Ltd.
- HEALTH & LIFE CO., LTD.
- APEX MEDICAL CORP.
