Technological Advancement to Drive the Nebulizer Market Growth

The nebulizer market's most prominent driver is the technological advancement in therapeutic respiratory devices with high efficiency. Prominent players in the market are performing extensive R&D activities to develop efficient nebulizers. For instance, in 2018, Philips Healthineers launched 'InnoSpire Go' Portable Mesh Nebulizer in North America, which is the smallest and lightest portable hand-held nebulizer system designed to deliver medication in just four minutes. The company also developed battery-powered, lightweight, and virtually silent drug delivery nebulizer connected with the internet, 'I-neb AAD System,' which has the ability to provide precise dosing and feedback to the patient.

The cost of COPD treatment is relatively higher in Europe and North America, which is approximately USD 50 billion per year, which is further rising the demand for home healthcare systems as a cost-effective alternative. As per the recent study conducted at Brigham and Women's Hospital (BWH) and Faulkner Hospital, the cost of home care healthcare was nearly 52% lower than the cost of hospital stay.  

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Key Highlights

  • The nebulizer market size was valued at USD 979.4 million in 2019 and is expected to grow at a CAGR of 6.8% during the forecast period. Growing burden of respiratory diseases and technological advancement in nebulizer devices drive the market growth.
  • The jet nebulizer segment held the largest market share in 2018 as it is a low cost and easy to use nebulizer.
  • The ultrasonic nebulizer segment is expected to witness the fastest growth owing to a wider range of benefits such as increased portability, low drug delivery time, low noise generation during operative procedures, and high efficiency in drug delivery.
  • The home healthcare segment is expected to grow with a CAGR of 10.9% during the forecast period due to the rising number of geriatric patients suffering from chronic respiratory diseases and reduced hospital stay.

Key Players

  • Omron
  • Koninklijke Philips
  • PARI Respiratory Equipment
  • Allied Healthcare Products Inc.
  • Agilent Technologies, Inc.
  • CareFusion Corporation
  • GF Health Products, Inc.
  • DeVilbiss Healthcare
  • Aerogen

Recent Developments

  • In 2016, Sunovion Pharmaceuticals Inc. filed the first application for the approval of SUN-101 a mesh nebulizer in combination with a drug for COPD, further rising the adoption of mesh nebulizers
  • Vectura's VR475 is in Phase III clinical trial, a breath-actuated jet nebulizer indicated for severe asthma

Nebulizer Market: Segmentation

By Type

  • Jet nebulizers
  • Mesh nebulizers
  • Ultrasonic nebulizers

By End-User

  • Hospitals and clinics
  • Emergency centers
  • Home healthcare

By Region

  • North America
  • Europe
  • Asia-Pacific
  • South America
  • The Middle East and Africa

" Crucial Insights The Report Provides:"

* Known and Unknown Adjacencies Influencing the Growth of Market

* Explorable Revenue Sources

* Customer Behaviour Analysis

* Target Partners

* Customized Geographical Data Based on Customers as well as Competitors

* Analysis of Market Size and CAGR between the Forecast Periods

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