Global Nebulization Masks Market 2019-2023 | Increasing Prevalence of Respiratory Diseases to Boost Demand | Technavio

LONDON–(BUSINESS WIRE)–Technavio
analysts forecast the global nebulization masks market to grow at a CAGR
of over 6% during the forecast period, according to their latest
market research report. The growth momentum of the market is expected to
accelerate due to the year-over-year growth.

Growing inclination toward home healthcare is one of the major trends
being witnessed in the global
nebulization masks market 2019-2023
. Home healthcare care refers
to the care by healthcare professionals and other informal caregivers
such as families to patients at home. Owning to the simplicity of the
nebulization mask, many patients with respiratory diseases are
increasingly adopting these devices for use in home healthcare. Also,
factors such as the increasing prevalence of chronic respiratory
disorders, the rapidly rising aging population, and increasing awareness
about nebulizers among the general population are increasing the demand
for nebulization mask for home healthcare.

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According to Technavio analysts, one of the key factors contributing to
the growth of the global nebulization masks market is the increasing
prevalence of respiratory diseases:

Global nebulization masks market: Increasing
prevalence of respiratory diseases

Globally, the incidence of several respiratory diseases is increasing,
and the prevalence of asthma is increasing rapidly in low and
middle-income countries, especially in APAC. Also, globally, the aging
population is growing rapidly causing a rise in respiratory diseases
owing to advances in healthcare technology and the high availability of
effective treatment options. The prevalence of chronic lung disorders
and respiratory diseases is high among the aging population as the
strength of respiratory muscles decreases with growing age. These
factors are driving the demand for nebulization masks, which in turn,
drive market growth.

According to a senior analyst at Technavio, “CDC says, 8.9 million
adults in the US were diagnosed with respiratory diseases in 2016 and
according to Eurostat, in 2014 there were 381,883 deaths due to diseases
of respiratory system. Also, the respiratory diseases among the aging
population are rising. In 2017, globally 650 million people were aged 65
years and above and the number will reach 810 million by 2025. Thus,
increasing the respiratory diseases rapidly in the aging population.”

Global nebulization masks market: Segmentation
analysis

The global nebulization masks market research report provides market
segmentation by product (reusable nebulization masks and disposable
nebulization masks) and by region (the Americas, EMEA, and APAC). It
provides an in-depth analysis of the prominent factors influencing the
market, including drivers, opportunities, trends, and industry-specific
challenges.

The Americas held the largest share of the market in 2018, accounting
for more than 48% share. It was followed by EMEA and APAC respectively.
The Americas is the largest revenue contributor to the global
nebulization masks market due to the increasing prevalence of
respiratory diseases and disorders, improved healthcare infrastructure
and the strong market presence of key vendors.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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