ALBANY, N.Y.--(BUSINESS WIRE)--Transparency Market Research has published a new report, which states that the global nebulizers market is likely to reach an estimated value of US$937.7 million by 2019. The report is titled “Nebulizers Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” and projects the market to expand at CAGR of 6.5% between 2013 and 2019. In 2012, the nebulizers market was worth US$610.0 million.
Browse Report: http://www.transparencymarketresearch.com/nebulizer-market.html
Increasing prevalence of respiratory disorders such as cystic fibrosis (CFTR), chronic obstructive pulmonary disease (COPD), and asthma in conjunction with the rising global geriatric population is propelling the global nebulizers market. In addition, regulatory initiatives adopted in developed countries such as the U.K. and the U.S. to curb the incidence of respiratory disorders will further fuel the market.
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Report segments the global nebulizers market on the basis of products and geography. Ultrasonic nebulizers and pneumatic nebulizers are the two main categories based on product type. Of these, pneumatic nebulizers dominated the global nebulizers market in 2012 owing to their cost-effectiveness. Despite offering better efficacy in terms of medication, ultrasonic nebulizers are finding it difficult to dominate the market, due to their high cost.
Press Release: http://www.transparencymarketresearch.com/pressrelease/nebulizer-market.htm
North America was the most lucrative market for nebulizers in 2012. It will remain the market leader over the forecast period as well. However, the report projects Asia Pacific to exhibit the highest CAGR during the period. High rate of pollution in China will increase the prevalence of asthma and bronchitis in the region, which will significantly boost the market for nebulizers in Asia Pacific. Prominent medical players are focusing on establishing a strong presence in this region, which will also act in favor of the market.
Other Reports:
- Pneumatic Nebulizers Market: http://www.transparencymarketresearch.com/pneumatic-mebulizers-market.html
- Intrathecal Pumps Market: http://www.transparencymarketresearch.com/intrathecal-pumps-market.html
About TMR
Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
