The global pneumatic nebulizers
market was valued at USD 490.6 million in 2015 and is expected to reach a value
of USD 893.9 million by 2025. The expansion is attributed to the increasing
geriatric population base along with the growing need for home healthcare
portable devices. The introduction of new systems featuring aerosol drug
delivery technology with minimal drug wastage is expected to drive the market
growth. For instance, in May 2013, Parion Sciences in partnership with
Cambridge Consultants developed a technology that delivers tiny saline droplets
that infiltrate deep into the lungs. The trans-nasal pulmonary aerosol delivery
device currently undergoing clinical trial is intended for the treatment of
cystic fibrosis.
Moreover, with the rising rate of
hospital admissions and the resultant high expenditure, companies are
encouraged to introduce home care devices that enable pre-hospitalization
monitoring. Furthermore, the advent of integrated devices has empowered
patients and physicians to share and access data on a single platform.
For instance, in March 2016,
Philips received 510 (K) clearance for its Care Orchestrator. The cloud-based
technology is a clinical management software, which promotes homecare for sleep
apnea and respiratory care patients. Moreover, the clinical management system
furnishes a single platform combining sleep and respiratory care, providing
informatics and workflow intelligence for patients, providers, and payers.
Some of the major players
operating include Omron Corporation, Philips Healthcare; PARI Pharma GmbH; GE
Healthcare; Allied Healthcare; Becton, Dickinson and Company; Agilent
Technologies; Medline Industries, Inc.; and Briggs Healthcare.
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Further Key Findings from the
Study Suggest:
Vented nebulizers dominated the
product type segment in 2015 owing to their high availability and affordable
cost. Moreover, industry contributors are introducing new solutions that enable
patient data access in one single platform. In November 2015, CareFusion
introduced a new respiratory solution at the American Association for
Respiratory Care Congress.
North America is estimated to
dominate the pneumatic nebulizers market in 2015. The introduction of advanced
technological devices and the supportive medical coverage offered in this
region is expected to further fuel market growth. For instance, in March 2015,
Sunovion Pharmaceuticals, Inc. announced the initiation of Phase III clinical
trial for its SUN-101 solution using PARI Pharma's eFlow nebulizer system for
COPD.
Asia Pacific is the fastest
growing market owing to its huge aging population base, increasing focus on
preventive care, and government initiatives promoting technological
innovations. In July 2015, Tribeca Care launched its online healthcare store to
supply homecare respiratory products, wherein prominent medical brands such as
Philips, Omron, Nidek, Karma, ResMed, and Vissco were brought under one roof.
Sector players are integrating
healthcare with technology to improve upon the current patient monitoring
devices in the vertical for respiratory diseases. Moreover, increasing
awareness around pre-assessment devices has further accelerated the demand for
pneumatic nebulizers. In June 2016, Philips introduced the Patient Adherence
Management Service at the 2016 SLEEP event to better patient compliance to
sleep therapy.
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