Asia Pacific Pneumatic Nebulizers Market Size & Outlook
Asia Pacific pneumatic nebulizers market, 2018-2030 (US$M)
Asia Pacific pneumatic nebulizers market highlights
- The Asia Pacific pneumatic nebulizers market generated a revenue of USD 171.2 million in 2023.
- The market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, breath-actuated was the largest revenue generating product in 2023.
- Breath-actuated is the most lucrative product segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 171.2 million |
| Market revenue in 2030 | USD 282.6 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Breath-actuated |
| Fastest growing segment | Breath-actuated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Breath-actuated |
| Key market players worldwide | Koninklijke Philips NV, OMRON Corp, Portland General Electric Co, Allied Healthcare Products Inc, BD, Medline Industries, Briggs Healthcare Corp., Philip Morris International Inc, eClinicalWorks, Novarad, e-MDs, Ada Health, Siilo, Greenway Health, Infor, PARI Group |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.5% of the global pneumatic nebulizers 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 282.6 million by 2030.
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Pneumatic Nebulizers Market Scope
Pneumatic Nebulizers Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific pneumatic nebulizers 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 pneumatic nebulizers market will help companies and investors design strategic landscapes.
Breath-actuated was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific pneumatic nebulizers market based on breath-actuated covering the revenue growth of each sub-segment from 2018 to 2030.
This region includes Japan, India, and China. China accounted for the largest market share in the Asian region. In addition, a significant rise in the geriatric population in Japan is driving development of products in the country, impelling regional growth. The burden of COPD in Asia is greater than that in developed Western countries.
In Japan, 90% of the patients with COPDs reported a strong history of smoking. Moreover, countries such as India and China are also predicted to have significant population suffering from pulmonary diseases.
Rise in the healthcare expenditure and increase in patient awareness in the region have created demand for these devices. Low-cost manufacturing sites and favorable taxation policies in these countries have been successful in attracting foreign players to this market.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific pneumatic nebulizers market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific pneumatic nebulizers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific pneumatic nebulizers market
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