Author: Vikas Kumar
12 July 2023
The growing demand for ultrasonic nebulizers can be attributed due to the surge in the prevalence of respiratory disorders and the continuously rising geriatric population in the region. For instance, as per the Canadian Government, the 85+ population is one of the fastest-growing age groups, up 12% from 2016 to 2021. Currently, 2.3% of the population is over the age of 85. Further, the increased consumption of alcohol and smoking are other important factors responsible for the market growth of ultrasonic nebulizers in the North American region.
Further, the Asia-Pacific Ultrasonic Nebulizer Market is expected to grow at a strong CAGR of 5.2% during the forecast period (2022-2030). The growing trend toward personalized medicine involves the use of ultrasonic nebulizer that are tailored to the specific needs of individual patients.
Fig.1. NORTH AMERICA ULTRASONIC NEBULIZER MARKET REVENUE (2020-2030)- USD Mn
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On the basis of type, the market is segmented into large-volume ultrasonic nebulizers and small-volume ultrasonic nebulizers. The small-volume ultrasonic nebulizers segment held a dominant share of the market in 2021 mainly due to the surging demand for portable healthcare devices that can be used at homes and the emergency departments in hospitals. Further, these nebulizers are more user-friendly and can be used for medicine delivery in children is also an important reason for the market growth of the segment.
On the basis of application, the market is segmented into chronic obstructive pulmonary disease (COPD), cystic fibrosis, asthma, and others. The asthma segment is expected to witness major growth during the forecast period due to the increasing patient pool suffering from asthma all over the world as they require regular monitoring of their dosage intake. For instance, according to the Asthma and Allergy Foundation of America, in 2023, patients with asthma reported 11 million visits to a doctor’s office and 1.7 million visits to hospital outpatient departments. In 2019, 455 000 people died and 262 million people were affected by asthma by the report of WHO in 2023.
On the basis of end-user, the market is segmented into hospitals & clinics, emergency centers, and home healthcare. The hospitals & clinics held the dominant share of the market in 2021 owing to the presence of therapeutic and critical care products. Moreover, the presence of skilled professionals who are responsible for developing and implementing treatment plans for patients with respiratory disorders. In 2022, asthma will be the cause of 439,000 hospital admissions and 1.3 million visits to the emergency room, according to the CDC. Thus, these above-mentioned factors are driving the growth of the segment in the forecast period.
Global Ultrasonic Nebulizer Market Segmentation
Market Insight, by Type
Market Insight, by Applications
Market Insight, by End-User
Market Insight, by Region
Top Company Profiles
• PARI GmbH
• Koninklijke Philips N.V.• OMRON Healthcare, Inc• Invacare Corporation• Beurer GmbH• Medline Industries, LP• Medical Depot, Inc.• GF Health Products, Inc.• Besmed Health Business Corp• Kare Medical and Analytical Devices Ltd. Co.
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