PRESS RELEASE
Published June 12, 2023
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the “Global Smart Nebulizer Market– by Therapeutic Areas (Asthma, Chronic Obstructive Pulmonary Disease (COPD), and Cystic Fibrosis), Components (Nebulizer Device, Associated App and Consumables), Types of Patients (Adult Patients and Pediatric Patients), End-Users (Hospitals, Emergency Centres and Home Healthcare Centres), Trends, Industry Competition Analysis, Revenue and Forecast To 2030.”
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According to the latest research by InsightAce Analytic, the global Smart Nebulizer market is valued at US$ 255.490 Million in 2021, and it is expected to reach US$ 738.91 Million by 2030, with a CAGR of 12.8% during a forecast period of 2022-2030.
Targeting tiny airways is difficult with conventional inhaler devices. By changing the flow and depth of each inhalation based on the patient’s unique inspiratory capacity, smart nebulizers can be utilized to increase deposition to tiny airways. It is a small, portable nebulizer that is an ideal alternative for those with breathing disorders like asthma, COPD, sinusitis, etc. The Smart Nebulizer is a portable inhaler that fits in any handbag or briefcase. Its one-button operation is simple. It operates on mesh technology with low power consumption and is almost silent. The drug residue is quite common, indicating a low battery.
The primary demand sources include an increase in chronic respiratory diseases and associated conditions and an increase in the demand for and use of home healthcare products. The worldwide healthcare sector increasingly recognizes the widespread usage of nebulizers as an essential treatment option for COPD and asthma. It is projected that the market for smart nebulizers will expand significantly in the coming years in light of these factors. Modern technology-enabled nebulizers can potentially be the next significant factor in the growth of the market for smart nebulizers.
The availability of alternatives like metered-dose inhalers (MDI) and the growing use of oral drugs and other treatments have significantly hindered the growth of the market for smart nebulizers. The leading firms in this market have chosen to develop a new product to compete with their other rivals in the international market for smart nebulizers. Because cloud computing is becoming more and more common in nebulizers, industry participants anticipated investing in the portfolio.
Manufacturers of smart nebulizers are moving quickly while focusing on the requirements of their clients. As a result of ongoing innovation, the market for smart nebulizers is predicted to grow internationally.
North America is anticipated to be the major contributor to the Smart Nebulizer market over the forecast years. The growth in the prevalence of various respiratory disorders, including asthma, cystic fibrosis, and chronic obstructive pulmonary disease, is causing the expansion (COPD). As more people smoke and pollution levels increase, there will likely be greater demand for next-generation nebulizers. The regional nebulizer market is expected to expand due to technological developments in healthcare and the rising demand for home healthcare services. In addition, the Asia Pacific Smart Nebulizer market is expected to grow significantly during the forecast period.
Businesses are focusing on broadening their business operations, raising customer satisfaction, cutting expenses, and enhancing the dependability of Smart Nebulizers due to the huge commercial opportunities in the Asia Pacific region. With increased smokers and pollution, a greater need for smart nebulizers is anticipated.
Major market players operating in the Smart Nebulizer market include
Fahl Medizintechnik-Vertrieb GmbH, Guangdong Delong Intelligent Technology CO., Ltd., Hans Dinslage Gmbh, Koninklijke Philips N.V., LAICA International Corporation, Lycome international Industry, AireHealth, Becton Dickinson & Company, BioPlus, BPL Medical Technologies, Briggs Healthcare, Briutcare, BriutCare, CA-MI s.r.l., Contec Medical Systems Co.Ltd, DeVilbiss Healthcare L.L.C., Taidoc Technology Corporation, Vapo Health, Vectura, Wuhan W.E.O. Science & Technology Development, FaceLake, MedTech, Microlife AG, Omron Corporation, Ozocheck, PARI Pharma, Pulmotree Medical GMBH, SmartCare, SOMATCO, Sunset Healthcare Solutions Inc., YirDocand and other prominent players.
Recent collaborations and agreements in the market:
- In May 2021, An agreement was formed between Inspira Pharmaceuticals Limited and Vectura Group plc to create an inhaled form of Inspira’s leading COVID-19 therapy candidate. Using Vectura’s experience and network, Inspira is in a perfect position to accelerate the development of novel I.P.X. formulations for pulmonary delivery.
- In June 2020, BreathResearch, a rival in the respiratory health sector, was acquired by AireHealth. By the merger agreement’s terms, BreathResearch will sell its intellectual property, research, and patents to AireHealth. These patents cover machine learning algorithms for respiratory disease surveillance.
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Market Segments
Global Smart Nebulizer Market, by Therapeutic Areas, 2022-2030 (Value US$ Mn)
- · Asthma
- Chronic Obstructive Pulmonary Disease (COPD)
- Cystic Fibrosis
Global Smart Nebulizer Market, by Component, 2022-2030 (Value US$ Mn)
- Nebulizer Device
- Associated App
- Consumables
Global Smart Nebulizer Market, by Type of Patients, 2022-2030 (Value US$ Mn)
- Adult Patients
- Pediatric Patients
Global Smart Nebulizer Market, by End-User, 2022-2030 (Value US$ Mn)
- Hospitals
- Emergency Centers
- Home Healthcare Settings
Global Smart Nebulizer Market, by Region, 2022-2030 (Value US$ Mn)
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
North America Smart Nebulizer Market, by Country, 2022-2030 (Value US$ Mn)
Europe Smart Nebulizer Market, by Country, 2022-2030 (Value US$ Mn)
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific Smart Nebulizer Market, by Country, 2022-2030 (Value US$ Mn)
- India
- China
- Japan
- South Korea
- Australia & New Zealand
Latin America Smart Nebulizer Market, by Country, 2022-2030 (Value US$ Mn)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa Smart Nebulizer Market, by Country, 2022-2030 (Value US$ Mn)
- GCC Countries
- South Africa
- Rest of Middle East & Africa
Why should buy this report:
- To receive a comprehensive analysis of the prospects for the global Smart Nebulizer market
- To receive an industry overview and future trends of the Smart Nebulizer market
- To analyze the Smart Nebulizer market drivers and challenges
- To get information on the Smart Nebulizer market value (US$Mn) forecast to 2030
- Significant investments, mergers & acquisitions in the Smart Nebulizer market industry
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