Market revenue in 2023 | USD 398.0 million |
Market revenue in 2030 | USD 573.9 million |
Growth rate | 5.4% (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 |
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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 66.28% in 2023. Horizon Databook has segmented the North America nebulizer market based on jet, mesh, ultrasonic covering the revenue growth of each sub-segment from 2018 to 2030.
North America accounted for the largest market for nebulizers in 2019 and is estimated to have the largest market share of over 35.72%. As per WHO data, COPD, asthma, and other chronic respiratory diseases account for ~6% of the total number of deaths in North America.
Moreover, rising consumption of alcohol, tobacco, ultra-processed products, including sugar-sweetened beverages, among others is a major cause behind the increasing prevalence of respiratory diseases in North America.
According to Centers for Disease Control and Prevention (CDC) data, about 14% of deaths in adults aged 30 to 70 years in North America are caused due to tobacco consumption. Apart from these factors, rapid advancements in technologies, rise in demand for home healthcare devices, and increase in geriatric population are driving the growth of the nebulizers market in North America.
Horizon Databook provides a detailed overview of continent-level data and insights on the North America nebulizer market , including forecasts for subscribers. This continent databook contains high-level insights into North America nebulizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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