Philippines Nebulizer Market Size & Outlook, 2023-2030
Philippines nebulizer market, 2018-2030 (US$M)
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Philippines nebulizer market highlights
- The Philippines nebulizer market generated a revenue of USD 9.1 million in 2023 and is expected to reach USD 15.7 million by 2030.
- The Philippines market is expected to grow at a CAGR of 8.2% 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.
Nebulizer market data book summary
| Market revenue in 2023 | USD 9.1 million |
| Market revenue in 2030 | USD 15.7 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Jet |
| Fastest growing segment | Mesh |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Philippines accounted for 0.8% of the global nebulizer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China nebulizer market is projected to lead the regional market in terms of revenue in 2030.
- Philippines is the fastest growing regional market in Asia Pacific and is projected to reach USD 15.7 million by 2030.
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Nebulizer Market Scope
Nebulizer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Philippines 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 64.84% in 2023. Horizon Databook has segmented the Philippines nebulizer market based on jet, mesh, ultrasonic covering the revenue growth of each sub-segment from 2018 to 2030.
According to the National Nutrition and Health Survey (NNHeS), in 2017, the prevalence of asthma was 8.7% in the Philippines. The disease is more prevalent in males than in females. In addition, cases of severe acute respiratory infections have increased by 8% in the Philippines in 2018.
Moreover, as per government data, about 250,000 people died s due to asthma in the Philippines in 2017. Thus, increasing incidence of respiratory diseases and changing lifestyle of people are likely to fuel the growth of the nebulizers market in the country during the forecast period.
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Target buyers of Philippines 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Philippines nebulizer market , including forecasts for subscribers. This country databook contains high-level insights into Philippines nebulizer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Philippines nebulizer market size, by type, 2018-2030 (US$M)
Philippines Nebulizer Market Outlook Share, 2023 & 2030 (US$M)
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