The nebulizers market has seen considerable growth due to a variety of factors.
• Recent years have seen significant growth in the size of the nebulizers market. The market, valued at $1.31 billion in 2024, is projected to increase to $1.41 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%.
The remarkable expansion during the historic period is primarily a result of the spike in chronic respiratory conditions and an upsurge in healthcare spending in developing economies.
The nebulizers market is expected to maintain its strong growth trajectory in upcoming years.
• Anticipated to experience robust expansion in the upcoming years, the nebulizers market is predicted to reach a value of $1.98 billion by 2029, with a compound annual growth rate (CAGR) of 9.0%.
Factors contributing to the projected growth during this period include an expanding elderly population, a rising demand for home healthcare equipment such as compact devices, more widespread acceptance of mesh nebulizers, an increasing prevalence of COVID-19 worldwide, and a higher consumption rate of tobacco and alcohol. Key trends to watch during the forecasted period are the development of linked nebulizers, efforts towards the creation of lightweight portable nebulizers, and a focus on vibrating technology for the creation of new nebulizers, as well as initiatives to manufacture products using environmentally friendly materials.
The escalating global elderly population is projected to boost the utilization of respiratory care equipment, including nebulizers, in the upcoming years. For example, in January 2024, a study by the US-based Pew Research Center Organization highlighted that by 2024, the geriatric population had expanded by 0.2%, and it is expected to grow by 0.5% in 2054. Older individuals are at a greater risk of respiratory conditions like Chronic Obstructive Pulmonary Disease (COPD), sleep apnea, and the recent outbreak of COVID-19 due to numerous reasons, including the gradual deterioration of immune function. Consequently, an increase in the elderly population is likely to fuel the expansion of the nebulizers market.
The nebulizers market covered in this report is segmented –
1) By Type: Pneumatic Nebulizer, Ultrasonic Nebulizer, Mesh Nebulizer
2) By Portability: Portable Nebulizer, Tabletop Nebulizer
3) By Application: COPD, Cystic Fibrosis, Asthma, Other Applications
4) By End Use: Hospitals and Clinics, Emergency Centers, Home Healthcare
Subsegments:
1) By Pneumatic Nebulizer: Jet Nebulizers, Handheld Pneumatic Nebulizers, Tabletop Pneumatic Nebulizers
2) By Ultrasonic Nebulizer: Portable Ultrasonic Nebulizers, Stationary Ultrasonic Nebulizers
3) By Mesh Nebulizer: Portable Mesh Nebulizers, Battery-Operated Mesh Nebulizers, Hospital-Grade Mesh Nebulizers
Leading firms in the nebulizer market, like Vectura Group Limited, are getting approval from the FDA for devices such as Smart Nebulizers to boost their market earnings. Integrated with digital technology, Smart Nebulizers improve the method of delivering aerosol medication to the lungs. For example, in June 2022, Vectura Group Limited, a pharmaceutical company from the UK, revealed that its Smart Nebulizers received approval from the FDA aiming to better pediatric asthma care. Taking into account the patient's unique breathing abilities, these smart nebulizers can effectively deliver the aerosol into the lungs. Designed to treat respiratory illnesses like asthma, bronchitis, and acute and chronic tracheitis, as well as sore throats, smart nebulizers present a significant advancement in respiratory care.
Major companies operating in the nebulizers market include:
• Vyaire Medical. Inc.
• Aerogen
• Omron Corporation
• PARI
• GF Health Products
• Medline Industries
• Trudell Medical International
• Briggs Healthcare
• Feellife Health Inc.
• CF Pharmtech Inc.
• Hoyo Scitech Co. Ltd
• Simzon
• Yirdoc (Qingdao Future Medical Technology Co. Ltd)
• Healthgenie
• Meditive
• Agaro
• Dr Trust
• Dr. Morepen
• Handyneb
• Nuwik
• Philips Healthcare
• Nagashima Medical Instruments co. Ltd
• Shenzhen Bi-rich
• Yuyao Dengyue Medical Devices Co. Ltd
• Shenzhen Aeon Technology Co. Ltd.
• EverGreen
• MediSave
• Scala
• ResMed
• Draegerwerk AG
• Fisher & Paykel Healthcare Limited
• Vectura
• GE Healthcare
• B. Braun Melsungen
• Beikohn
• Respiratorniy Kompleks
• Alvateks
• Dixion Russia
• 3M Company
• Dynarex Corporation
• BD
• Drive DeVilbiss Healthcare
• InvacAre Corporation
• Canada Medical Ltd.
• Medicom
• Stevens Company (Canada)
• Smiths Medical
• FLOWTRONIX
North America was the largest region in the nebulizers market in 2024. Asia-Pacific was the second largest region in the global nebulizers market share. The regions covered in the nebulizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa