Global Nebulization Masks Market 2019-2023

The global nebulization masks market is poised to experience a stellar growth over the next five years fueled by rising focus on improvements in materials and design of nebulization masks. Wondering how to make the most of this thriving nebulization mask industry? Technavio’s extensive industry research report offers detailed insights that will allow you to take full advantage of the opportunities available to you. This study provides an in-depth analysis of the market by considering the evolving demographics and consumer behavior in the global nebulization mask market. It also examines the competitive landscape and some key companies that include Allied Healthcare Products, Besmed Health Business, and Koninklijke Philips.

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The global nebulization mask market is expected to grow at a CAGR of more than 6% during the forecast

Nebulization mask industry growth is expected to accelerate massively over the next five years driven by the increasing prevalence of respiratory disorders that require nebulization procedure with the help of nebulizer medicines. Globally, the incidences of respiratory disorders such as COPD, asthma, and lung cancer are on the rise, which is expected to raise awareness and promote the benefits of nebulizer treatment. According to Eurostat, there were more than 380,000 deaths due to respiratory disorders in Europe in 2014. The prevalence of asthma is also growing rapidly in low- and middle-income countries which is likely to add substantially to the demand for nebulization procedure and nebulizer medicine over the next few years. Technavio’s nebulization mask industry analysis reveals promising markets around the world.

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The Americas will be the largest driver of growth for the global nebulization mask market

About 48% of the incremental growth of the global nebulization mask market will originate from the Americas during the forecast period, while EMEA and APAC will make smaller yet significant contributions to the market growth. In addition, the Americas held almost half the share of the global nebulization mask market, followed by EMEA and APAC respectively. However, APAC is forecasted to generate the fastest growth in the global nebulization mask market over the next five years while the Americas will register a higher CAGR than EMEA during the same period.

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Allied Healthcare Products, Besmed Health Business, and Koninklijke Philips are among the leading nebulization mask manufacturers

The global nebulization mask market is slated to stay reasonably fragmented with the presence of several manufacturers who offer products such as reusable nebulization masks and disposable nebulization masks. Most of the vendors are framing various marketing strategies such as offering discounts or promotional offers online, which has led to an increase in the number of online purchases. Many international and regional nebulization mask manufacturers are vying for their share of the market, and players must differentiate themselves to gain vital traction over their peers.

This report offers a complete analysis of several companies, including:

• Allied Healthcare Products
• Besmed Health Business
• Koninklijke Philips
• Medical Depot
• OMRON
• PARI

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