Global Vaporizers Market Report 2024

Vaporizers Global Market Report 2023 – By Type (Ecigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers), By Application (Personal Use, Medical Application, Other Applications), By Distribution Channel (Online, Retail) – Market Size, Trends, And Global Forecast 2023-2032

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The vaporizer is defined as a device that is used to vaporize plant-based substances such as cannabis, tobacco, or other herbs or blends of essential oil for inhalation.

The main types of vaporizers market are e-cigarette vaporizers, marijuana vaporizers, and medical vaporizers. Marijuana vaporizers are devices that heat marijuana (either in dry herb or concentrate form) enough to transmit its active ingredients (THC) without any burning. The distribution channels are online, and retail. The applications are personal use, medical application, and others.

The global vaporizers market is segmented –

1) By Type: E-cigarette Vaporizers, Marijuana Vaporizers, Medical Vaporizers

2) By Application: Personal Use, Medical Application, Other Applications

3) By Distribution Channel: Online, Retail

The global vaporizers market size grew from $17.15 billion in 2022 to $22.33 billion in 2023 at a compound annual growth rate (CAGR) of 30.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the vaporizers is expected to grow from $55.98 billion in 2027 at a CAGR of 25.8%.

Growing advancements in vaporizers are driving the growth of the vaporizers market. Enhanced vaporizers can measure the required amount of anesthetic agents and can self-regulate the supply of anesthetic agents. For instance, GE Healthcare, a leading global medical technology, and life sciences company offers Aladdin Cassette, an electronic vaporizer that can measure the dose of anesthetic agents and store the information.

Major players in the vaporizers market are Vicks, Vanker, Grizzly Guru, FGB Natural Products, GE Healthcare, Penlon Ltd., Draegerwerk AG & Co. KGaA, Rothacher Medical GmbH, Allied Medical Ltd., and Intersurgical Ltd.

The anesthetic vaporizers require a continuous power supply. The need for a constant power supply for the vaporizers will restrain the market in emerging economies which lack energy infrastructure facilities. For instance, in June 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations responsible for international public health, with 568 million people lacking access to electricity, Africa continues to be the least electrified continent in the world, whereas the percentage of people without access to electricity in Sub-Saharan Africa rose to 77% in 2020 as compared to previous years. This lack of energy infrastructure will hinder the vaporizers market growth.

Medicated cannabis vaporizers have gained increasing demand in the vaporizers market. Cannabis vaporizers have controlling heating technology and offer the possibility of precisely adjusting the temperature of the heater using a display on the unit, giving the user full control over the density of the aerosol produced. For instance, Storz & Bickel, a subsidiary of Canopy growth corporation has developed and manufactured vaporizers (Volcano medic and the Mighty medic) as per European Medical Device Directive 93/42/ECC and Standard DIN EN 60601.

In December 2021, GE Healthcare, a US-based company provider of technologies, digital infrastructure, data analytics, and decision support tools acquired BK Medical for an undisclosed amount. This acquisition of BK Medical expands GE Healthcare’s $3 billion ultrasound business from diagnostics to surgical and therapeutic interventions. BK Medical is a US-based global intraoperative imaging and surgical navigation company.

Asia-Pacific was the largest region in the vaporizers market in 2022. The regions covered in the global vaporizers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the vaporizers market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA.

The vaporizers market consists of sales of e-cigarette vaporizers, marijuana vaporizers, medical vaporizers, and other vaporizers. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The vaporizers market research report is one of a series of new reports from The Business Research Company that provides vaporizers market statistics, including vaporizers industry global market size, regional shares, competitors with a vaporizers market share, detailed vaporizers market segments, market trends, and opportunities, and any further data you may need to thrive in the vaporizers industry. This vaporizers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

    Table Of Contents

    1. Executive Summary

    2. Vaporizers Market Characteristics

    3. Vaporizers Market – Macro Economic Scenario

    3.1 COVID-19 Impact On Vaporizers Market

    3.2 Ukraine-Russia War Impact On Vaporizers Market

    3.3 Impact Of High Inflation On Vaporizers Market

    4. Vaporizers Market Size And Growth

    4.1. Global Vaporizers Historic Market, 2017 - 2022, $ Billion

    4.1.1. Drivers Of The Market

    4.1.2. Restraints On The Market

    4.2. Global Vaporizers Forecast Market, 2022 - 2027F, 2032F, $ Billion

    4.2.1. Drivers Of The Market

    4.2.2. Restraints On the Market

    5. Vaporizers Market Segmentation

    5.1. Global Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    E-cigarette Vaporizers

    Marijuana Vaporizers

    Medical Vaporizers

    5.2. Global Vaporizers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Personal Use

    Medical Application

    Other Applications

    5.3. Global Vaporizers Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    Online

    Retail

    6. Vaporizers Market Regional And Country Analysis

    6.1. Global Vaporizers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    5.2. Global Vaporizers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    7. Asia-Pacific Vaporizers Market

    7.1. Asia-Pacific Vaporizers Market Overview

    7.2. Asia-Pacific Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    8. China Vaporizers Market

    8.1. China Vaporizers Market Overview

    8.2. China Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F,$ Billion

    9. India Vaporizers Market

    9.1. India Vaporizers Market Overview

    9.2. India Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    10. Japan Vaporizers Market

    10.1. Japan Vaporizers Market Overview

    10.2. Japan Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    11. Australia Vaporizers Market

    11.1. Australia Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    12. Indonesia Vaporizers Market

    12.1. Indonesia Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    13. South Korea Vaporizers Market

    13.1. South Korea Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    14. Western Europe Vaporizers Market

    14.1. Western Europe Vaporizers Market Overview

    14.2. Western Europe Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    15. UK Vaporizers Market

    15.1. UK Vaporizers Market Overview

    15.2. UK Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    16. Germany Vaporizers Market

    16.1. Germany Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    17. France Vaporizers Market

    17.3. France Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    18. Eastern Europe Vaporizers Market

    18.1. Eastern Europe Vaporizers Market Overview

    18.2. Eastern Europe Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    19. Russia Vaporizers Market

    19.1. Russia Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    20. North America Vaporizers Market

    20.1. North America Vaporizers Market Overview

    20.2. North America Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    21. USA Vaporizers Market

    21.1. USA Vaporizers Market Overview

    21.2. USA Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    22. South America Vaporizers Market

    22.1. South America Vaporizers Market Overview

    22.2. South America Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    23. Brazil Vaporizers Market

    23.1. Brazil Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    24. Middle East Vaporizers Market

    24.1. Middle East Vaporizers Market Overview

    24.2. Middle East Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    25. Africa Vaporizers Market

    25.1. Africa Vaporizers Market Overview

    25.2. Africa Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion

    26. Vaporizers Market Competitive Landscape And Company Profiles

    26.1. Vaporizers Market Competitive Landscape

    26.2. Vaporizers Market Company Profiles

    26.2.1. Vicks

    26.2.1.1. Overview

    26.2.1.2. Products and Services

    26.2.1.3. Strategy

    26.2.1.4. Financial Performance

    26.2.2. Vanker

    26.2.2.1. Overview

    26.2.2.2. Products and Services

    26.2.2.3. Strategy

    26.2.2.4. Financial Performance

    26.2.3. Grizzly Guru

    26.2.3.1. Overview

    26.2.3.2. Products and Services

    26.2.3.3. Strategy

    26.2.3.4. Financial Performance

    26.2.4. FGB Natural Products

    26.2.4.1. Overview

    26.2.4.2. Products and Services

    26.2.4.3. Strategy

    26.2.4.4. Financial Performance

    26.2.5. GE Healthcare

    26.2.5.1. Overview

    26.2.5.2. Products and Services

    26.2.5.3. Strategy

    26.2.5.4. Financial Performance

    27. Key Mergers And Acquisitions In The Vaporizers Market

    28. Vaporizers Market Trends And Strategies

    29. Vaporizers Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Table 3: Global Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 4: Global Vaporizers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 5: Global Vaporizers Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 6: Global Vaporizers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 7: Global Vaporizers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 9: China, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 10: India, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 11: Japan, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 12: Australia, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 13: Indonesia, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 14: South Korea, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 15: Western Europe, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 16: UK, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 17: Germany, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 18: France, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 20: Russia, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 21: North America, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 22: USA, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 23: South America, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 24: Brazil, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 25: Middle East, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 26: Africa, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Table 27: Vicks Financial Performance
  • Table 28: Vanker Financial Performance
  • Table 29: Grizzly Guru Financial Performance
  • Table 30: FGB Natural Products Financial Performance
  • Table 31: GE Healthcare Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 3: Global Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 4: Global Vaporizers Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 5: Global Vaporizers Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 6: Global Vaporizers Market, Split By Region, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 7: Global Vaporizers Market, Split By Country, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 9: China, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 10: India, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 11: Japan, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 12: Australia, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 14: South Korea, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 16: UK, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 17: Germany, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 18: France, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 20: Russia, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 21: North America, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 22: USA, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 23: South America, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 24: Brazil, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 25: Middle East, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 26: Africa, Vaporizers Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2027F, 2032F, $ Billion
  • Figure 27: Vicks Financial Performance
  • Figure 28: Vanker Financial Performance
  • Figure 29: Grizzly Guru Financial Performance
  • Figure 30: FGB Natural Products Financial Performance
  • Figure 31: GE Healthcare Financial Performance
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