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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Nebulizer Market: Segmentation
" 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 PeriodsView Full Report Buy This Report Now