iCrowd Newswire – Jul 3, 2020
The current COVID-19 pandemic has resulted in a massive surge in demand for nebulizers. There has been increased use of albuterol inhalers in hospitals for COVID-19 and suspected COVID-19 patients to help with respiratory issues. This is mainly because respiratory viruses are the most common trigger for asthma exacerbations. The global nebulizers market is expected to grow from $0.8 billion in 2019 to about $1.7 billion in 2020, as these devices are used for respiratory infection treatment. The market is expected to stabilize and reach $1.3 billion at a rate of 10.9% through 2023.
The nebulizer devices market consists of sales of nebulizers used in respiratory care for patients with respiratory diseases including asthma, cystic fibrosis, Chronic Obstructive Pulmonary Disease (COPD), and now COVID-19. The sales consist of revenues generated by establishments that are primarily engaged in the manufacturing of breath actuated and vented pneumatic nebulizers, portable and standalone ultrasonic nebulizers, and static and vibrating type mesh nebulizers.
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Rising Geriatric Population Drives Nebulizers Market Growth
The rising geriatric population across the globe is expected to increase the usage of respiratory care devices, including nebulizers, over the forecast period. According to the World Health Organization (WHO), the world’s population aged 60 years and older is expected to total 2 billion by 2050, which is up from 900 million in 2015. Elderly people are more susceptible to respiratory diseases such as COPD, sleep apnea, and the recent coronavirus disease, for many reasons, including gradual decline of immune function. Therefore, this rise in geriatric population is anticipated to propel the nebulizer market growth.
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Advanced Novel Nebulizers Reduce Drug Wastage
During nebulization, an aerosol with small particle size is inhaled or delivered to the site of action while large particles return to the reservoir feeding tube. Also, some drug aerosols settle on the walls of the baffle. This drug is retained within the nebulizer or released into the environment during expiration. Drug wastage during exhalation is therefore challenging the growth of the nebulizer market. To overcome the challenges of existing nebulizers, advanced novel nebulizers are coming into existence. These technologically advanced nebulizers include breath-enhanced, breath-actuated, and vibrating mesh nebulizers which decrease the amount of drug lost during exhalation while increasing the efficiency of drug delivery. For instance, the vibrating mesh nebulizer has an electronic indicator that shows when the patient is breathing appropriately and only then does it release the dose. A vibrating mesh nebulizer coupled with an adaptive aerosol delivery software adjusts the aerosol emission based on the breathing pattern of the patient, which reduces drug loss and increases the inhaled mass. The latest and advanced nebulizers increase the output rate, which in turn decreases the administration time.
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