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Rise in Environmental Pollution to Drive India Nebulizers Market at 25.8% CAGR during 2015-2023

Article Description

A nebulizer is usually battery operated or electrically powered and is used to convert liquid medication into aerosol or mist that can easily reach into the lungs of a patient when inhaled through a face mask or a mouthpiece. The growing prevalence of chronic respiratory diseases such as cystic fibrosis, asthma, and chronic obstructive pulmonary disease (COPD) has boosted the growth of the India nebulizers market

The elderly population is more prone to developing respiratory diseases. Rise in geriatric population in India has further supported the growth of the nebulizers market. However, drug loss during dosage delivery might hamper the usage of nebulizers. Nevertheless, the overall market holds a significant opportunity to grow with the utilization of innovative products in new clinical applications. The India nebulizers market is anticipated to expand robustly at a CAGR of 25.8% during the period between 2015 and 2023. The market was worth US$575.6 mn in 2014 and is expected to reach a valuation of US$4,703.4 mn by 2023.

Pneumatic Nebulizers are Most Widely Used across India

On the basis of product type, the India nebulizers market has been categorized into ultrasonic nebulizers, mesh nebulizers, nebulizers kit, and pneumatic nebulizers. Pneumatic nebulizers accounted for 68% of the market in 2014 and are the most widely used nebulizers. The pressurized gas supply in pneumatic nebulizer helps to push medication towards the mouth. The compressed gas is delivered through a valve that creates negative pressure on the medication tank.

In an ultrasonic nebulizer, electric current is used to produce high frequency vibrations in a container of fluid. The vibrations break up the fluid containing medications into aerosol particles. On the other hand, mesh nebulizers create vibrations to allow the flow of liquid formulation through a fine mesh to develop aerosol medication. Mesh nebulizers registered the highest CAGR in the India nebulizers market in 2014 due to their efficiency and fast drug delivery.

North Zone Dominated India Nebulizers Market in 2014

The India nebulizers market has been segmented into five zones: North zone, south zone, east zone, west zone, and central zone. In 2014, the north zone was the largest market for nebulizers and held a share of 35.60% in the overall market in terms of revenue. The growing prevalence of respiratory diseases in cities such as New Delhi due to environmental pollution has fuelled the demand for nebulizers. According to the World Health Organization, New Delhi was the world’s most polluted city in 2014. The nebulizers market in south zone is growing at a constant rate with Chennai and Bangalore contributing significantly towards the growth of the market. In terms of revenue, east zone was the second largest market for nebulizers in India in 2014.

Browse Full India Nebulizers Market Report with TOC :http://www.mrrse.com/india-nebulizers-market

Key Players in India Nebulizers Market

Some of the key players in the India nebulizers market such as Omron Healthcare, CareFusion (BD), Agilent Technologies Inc., Morepen Laboratories Ltd., NuLife (MRK Healthcare Pvt. Ltd.), DeVilbiss Healthcare LLC, Philips Healthcare, and PARI Respiratory Equipment Inc. In 2014, Omron Healthcare dominated the India nebulizers market owing to broad product portfolio and high market penetration. Philips Healthcare was the second leading player in the market in 2014.