1 / 3

Nebulizers Market will rise to INR 4,703.4 Million by 2023

According to the research report, the demand for these instruments will rise at a CAGR of 25.80% between 2015 and 2023 and reach an opportunity of INR 4,703.4 million by the end of 2023.

akshay41
Download Presentation

Nebulizers Market will rise to INR 4,703.4 Million by 2023

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Nebulizers Market - India Industry Analysis, Size, Share, Growth, Trends, Volume and Forecast 2015 – 2023 With the increasing crowd of companies, the India nebulizers market is witnessing intense competition among players. The top three players, Omron Healthcare, CareFusion, and Philips Healthcare, collectively accounted for a share of just about 52% in 2014 in this highly fragmented market. Looking forward, market participants will be compelled to invest in research and development activities aggressively to introduce innovative and advanced products in order to strengthen their position. A study by the World Health Organization (WHO) states that, in India, deaths due to lung disorders are on a rapid rise. Among every 100,000 deaths, nearly 142 are because of one or the other form of lung disorders, making India rank first in deaths by lung diseases across the world. Browse Full Research Report: http://www.transparencymarketresearch.com/india-nebulizers-market.html The prevalence of acute respiratory infections that causes asthma, chronic obstructive pulmonary diseases (COPD), and cystic fibrosis, has also been reporting immense growth over the last few years. According to the country’s National Health Profile 2015, approximately 3.5 million cases of acute respiratory infection were reported in 2014, registering a spike of 140,000 cases compared to that of 2013, and an increase of 30% since 2010. Nebulizers are highly effective in treating these conditions as they convert liquid medication into the aerosol, which can reach easily into the lungs of patients when inhaled using a mouthpiece. Due to their efficacy and the ease of usage they provide, the popularity of these medical instruments is witnessing an exponential rise in this country.

  2. “Recent trends are indicating towards increasing incidence of chronic respiratory diseases in cities such as Delhi, Kolkata, and Vijayawada, aggravated by vehicular pollution, air pollution, increased population, and escalating number of smokers,” says an analyst. Technological advancements aimed at treating severe respiratory disorders will materialize in an extensive rise in demand for these products in India, providing an opportunity-rich market for participants over the next few years. TMR estimates the India nebulizers market to expand at a CAGR of 25.80% during the period from 2015 to 2023, increasing the opportunity it presents from INR 575.6 mn in 2014 to INR 4,703.4 mn by the end of the forecast period. Presently, the north zone reports the highest consumption of nebulizers in India. The cold climate and the rising level of pollution have skyrocketed the prevalence of COPD and other respiratory disorders in this zone, which does not look like having a stoppage any time soon. Considering the high efficiency of nebulizers in treating these conditions, their demand is expected to climb rapidly in this zone at a CAGR of 27.50% during the forecast period, retaining its dominant status. Pneumatic nebulizers currently enjoy the highest demand in India on account of the cost efficiency they provide as compared to mesh and ultrasonic nebulizers. However, mesh nebulizers are projected to register the fastest growth rate over the forecast period. Browse Full Press Release: Press Release

  3. About Us Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports. Contact Us Transparency Market Research State Tower, 90 State Street, Suite 700, Albany NY - 12207 United States USA - Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: http://www.transparencymarketresearch.com

More Related