Research Nester released a report titled “Vibrator Mesh Nebulizer Market: Global Demand Analysis & Opportunity Outlook 2029″ which delivers a detailed overview of the global vibrator mesh nebulizer market in terms of market segmentation by therapy type, application, and region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The vibrator mesh nebulizer market is projected to grow with a moderate CAGR during the forecast period, i.e., 2020-2029 on account of the increasing geriatric population and the rising prevalence of respiratory disorders such as CPOD, asthma and cystic fibrosis, and obstructive lung disorders. According to the WHO, it is estimated that, 235 million people around the world suffer from asthma including children.
The market is segmented by therapy type into active mesh nebulizers, passive mesh nebulizers. Among these segments, the active mesh nebulizers segment is anticipated to hold the largest share by the end of 2021 in the vibrator mesh nebulizer market as a result of the technological advancements, portability and better efficiency of active mesh nebulizers than other available mesh nebulizers. It is also gaining worldwide recognition for its usage based on piezoelectric effect.
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa, out of which, the vibrator mesh nebulizer market in the Asia Pacific is projected to grow at the highest CAGR throughout the forecast period. Currently, the market in North America holds the largest share. This can be attributed to the presence of leading healthcare infrastructure in the region, especially in the United States, who are extensively involved in the development and advancement of different types of mesh nebulizers.
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Increasing Geriatric Population and Rising Prevalence of Chronic Respiratory Disorders to Drive Market Growth
According to the United Nations, one in every six citizens will be 65 years or older by 2050, accounting for 16% of the total population. Along with this, the number of people aged 80 and more is predicted to triple by the end of 2050.
Age is one of the most predominant risk factors for any kind of chronic respiratory disorder. It has been observed that individuals whose age is above 65 years or more suffer from more lung disorders such as asthma and COPD, especially in the America. Additionally, the rising prevalence of chronic respiratory disorder in recent years is also expected to boost the market growth in upcoming years. However, the presence of other alternatives for chronic disease treatment are some of the factors that are estimated to restrain market growth in the near future.
This report also provides the existing competitive scenario of some of the key players of the global vibrating mesh nebulizer market which includes company profiling of OMRON Healthcare. (TYO: 6645), PARI GmbH., Jiangsu Yuyue Medical Instruments Co., Ltd (Shenzhen: 002223), Koninklijke Philips N.V. (AMS: PHIA), Aerogen, Rossmax International Ltd (Taipei: 4121), Vectura Group plc (LON: VEC), HCmed Innovations Co., Ltd, HEALTH & LIFE CO., LTD. (Taipei: 1781), and APEX MEDICAL CORP (TYO: 4106).
The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global vibrating mesh nebulizer market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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