Latin America Nebulizer Market Size & Outlook, 2023-2030
Latin America nebulizer market, 2018-2030 (US$M)
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Latin America nebulizer market highlights
- The Latin America nebulizer market generated a revenue of USD 77.3 million in 2023.
- The market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, jet was the largest revenue generating type in 2023.
- Mesh is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 77.3 million |
| Market revenue in 2030 | USD 125.7 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Jet |
| Fastest growing segment | Mesh |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Jet, Mesh, Ultrasonic |
| Key market players worldwide | OMRON Corp, GE HealthCare Technologies Inc Common Stock, Koninklijke Philips NV, Allied Healthcare Products Inc, DeVilbiss Healthcare, Briggs Healthcare Corp., Beurer, PARI Group, Philip Morris International Inc, Aerogen |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global nebulizer market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 472.7 million by 2030.
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Nebulizer Market Scope
Nebulizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America nebulizer market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nebulizer market will help companies and investors design strategic landscapes.
Jet was the largest segment with a revenue share of 65.72% in 2023. Horizon Databook has segmented the Latin America nebulizer market based on jet, mesh, ultrasonic covering the revenue growth of each sub-segment from 2018 to 2030.
A large population base in Brazil is affected by pulmonary disorders, such as asthma and COPD, which require nebulizers for management. Moreover, a recent study by NCBI shows that in most Latin America countries, the prevalence of asthma varied from 2.6% in Guatemala to 33.1% in Peru.
Moreover, increasing number of people suffering from respiratory diseases has accelerated the growth of the respiratory devices market in Latin America. In addition, government initiatives focused on providing quality healthcare services are likely to bolster market growth in this region during the forecast period.
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Target buyers of Latin America nebulizer market databook
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Our clientele includes a mix of nebulizer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America nebulizer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America nebulizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America nebulizer market size, by country, 2018-2030 (US$M)
Latin America Nebulizer Market Outlook Share, 2023 & 2030 (US$M)
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