Pneumatic Nebulizers Market size to exceed $1bn by 2023

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Pneumatic Nebulizers Market size to exceed 1bn
by 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Pneumatic Nebulizers Market

• Global pneumatic nebulizers market generated
  revenue of USD 626.2 million in 2015, and is
  anticipated to reach USD 1.05 billion by 2023,
  projected to grow at a CAGR of 6.8 from 2016 to
  2023. Global industry volume is forecast to reach
  approximately 11 million units by 2023.
• Increased awareness regarding respiratory
  disorders and availability of technologically
  advanced products has boosted demand in North
  America.
• Germany and the UK served as the major revenue
  contributors for Europe pneumatic nebulizers
  market share, contributing over 50 revenue in
  2015. 

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Continued...

• The industry is highly competitive, key players
  compete on the basis of manufacturers' ability to
  respond quickly to changing preferences, and
  pricing owing to large presence of local
  manufacturers. Major companies are Omron
  Corporation, Becton, Dickinson and Company,
  Philips Respironics, Salter Labs, DeVilbiss
  Healthcare, etc.
• Asia Pacific pneumatic nebulizers market growth
  is hinged on China, India, and Japan. China is
  the fastest growing regional industry witnessing
  a CAGR of 9.1 during the forecast period,
  followed by India, and Japan, while LATAM growth
  was driven by Mexico and Brazil.

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U.S. Pneumatic Nebulizers Market size, by
product, 2012 - 2023 (USD Million)

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360 Analysis

• Product Analysis
• Vented pneumatic nebulizers market size
  represented the dominant segment in 2015, with
  revenue set to surpass USD 700 million by 2023.
  Major drivers include growing prevalence of
  respiratory disorders in developing countries
  that require cost-effective treatment and easy
  integration of these devices with various types
  of compressors.
• Regional Analysis
• U.S. pneumatic nebulizers market size was over
  USD 200 million in 2015, the major contributing
  growth factor being upfront technology adoption,
  government activities to encourage early
  treatment for respiratory disorders, and ease of
  use of the technologically advanced portable
  devices.
• Competitive Market Share
• Omron Corporation, Philips Respironics, DeVilbiss
  Healthcare, and Becton, Dickinson and Company are
  among the key participants. Other active players
  include Heyer Medial AG, Salter Labs, Briggs
  Healthcare, PARI Medical, etc.

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