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The Vibrating Mesh Nebulizer Market was at US$ 1.2 Billion in 2021 and is growing to approx US$ 2.2 Bn by 2030, with a CAGR growth of 17% between 2022 and 2030.

SANDY, UTAH, UNITED STATES, November 15, 2022 /EINPresswire.com/ -- According to the study, The Global Vibrating Mesh Nebulizer Market was estimated at USD 1.2 Billion in 2021 and is anticipated to reach around USD 2.2 Billion by 2030, growing at a CAGR of roughly 17% between 2022 and 2030.

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Vibrating Mesh Nebulizer Market: Overview

Numerous vibrating mesh nebulizers are becoming more and more common among adult and pediatric patient groups as cutting-edge aerosol delivery equipment for respiratory therapy. They are employed at clinics, hospitals, and urgent care facilities. They are a significant technological achievement in recent years since they assist in delivering medications directly to patients’ airways by dissolving pharmaceuticals into tiny aerosol droplets.

Vibrating Mesh Nebulizer Market: Growth Drivers

The crucial factor accelerating market growth is the rise in obese people worldwide at an increased risk of developing COPD. Other factors include:

1) Rising patient demand for low-power and high-efficiency nebulizers.
2) Rising demand for portable and high-performance.
3) Battery-operated nebulizer systems in the medical sector.
4) The massive rising popularity of healthcare devices.
5) Rising demand for high-quality Healthcare products.
6) Widespread use of nebulizer devices.

Further expanding the Vibrating mesh nebulizer market will be rising emerging markets with growing geriatric population bases, rising technological developments and modernization in the healthcare sector, and rising research and development efforts in the healthcare sector.

Vibrating mesh nebulizer market expansion would be further hampered throughout the projection period indicated above by factors such as increasing spraying technique, increasing availability of alternatives, and rising reduction in medication quantity during nebulization, among others.

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Key Insights:

A) As per the analysis shared by our research analyst, the Vibrating Mesh Nebulizer market is estimated to grow annually at a CAGR of around 17% over the forecast period (2022-2030).
B) In terms of revenue, the Vibrating Mesh Nebulizer market was valued at around USD 1.2 Billion in 2021 and is projected to reach USD 2.2 Billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
C) Based on therapeutic type, the active mesh nebulizer segment was estimated to hold the maximum market share in 2021.
D) By end-user, the hospitals & clinics segment was estimated to hold the maximum market share in 2021.
E) Based on geography/region, the North American part was the leading revenue generator in 2021.

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Regional Landscape

Due to its highly older population, greater emphasis on preventative care, and government measures supporting technological advancements, the Asia Pacific region is anticipated to have the fastest growth over the projection period. The demand for these devices has been fueled by regional healthcare spending and patient awareness. Furthermore, foreign firms have been successfully drawn to this market by the region’s governments’ advantageous tax laws and low-cost manufacturing facilities. Additionally, the growth of the regional industry has been assisted by increased Medical tourism in nations like India, Malaysia, the Philippines, and Singapore.

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Key Players

PARI GmbH
Jiangsu Yuyue Medical Instruments Co., Ltd.
Aerogen
OMRON Corporation
Koninklijke Philips N.V.
Health & Life Co., Ltd.
Vectura Group Plc
Hamed Innovations Co., Ltd.
Philips Healthcare

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The Vibrating Mesh Nebulizer Market is segmented as follows:

By Therapeutic Type

Active mesh nebulizers
Passive mesh nebulizers

By End-user

Hospitals & Clinics
Emergency Centers
Home Use

By Geography

North America

The USA
Canada
Mexico
Europe
The UK
Germany
France
Italy
Russia
Rest of Europe

Asia Pacific

China
India
Japan
South Korea
Malaysia
Philippines
Rest of Asia-pacific

Latin America

Brazil
Rest of Latin America
Middle East and Africa
GCC
North Africa
South Africa
Rest of Middle East & Africa

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