Nebulizer Masks Market Size is expected to Reach $186.3 million By 2030: IndustryARC

Research Reports

Apr 03, 2024

The Global Nebulizer Masks Market size is predicted to reach $186.3 million by 2030, growing at a CAGR of 7.3% during the forecast period 2024-2030 according to the latest market research report published by IndustryARC. The surging demand for Nebulizer Masks to treat patients with respiratory problems caused by air pollution or viruses is poised to propel the market growth, finds IndustryARC in its recent report, titled “Nebulizer Masks Market – By Type (Elongated, Standard), By Age Group (Adult, Pediatric), By End-user (Hospitals and Clinics, Ambulatory Surgical Centers, Home Care, Others), By Geography – Global Opportunity Analysis & Industry Forecast, 2024-2030.”

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Market in Asia-Pacific to Grow the Fastest due to Rising Pollution Levels:

Asia-Pacific is predicted to see the highest growth of 8% CAGR in the global market for Nebulizer Masks between 2024 and 2030. In many parts of Asia-Pacific, air pollution is still a big issue, and people are becoming more aware of the health dangers linked to exposure to airborne pollutants. While this is one of the main factors influencing the demand for Nebulizer Masks in Asia-Pacific, several governments have also passed laws mandating the use of Nebulizer Masks in hospitals, schools and other public places.

Major Asian nations, including China, Japan, and South Korea, still require their citizens to wear masks in public spaces, claims a 2023; research by World Population Review.

Nebulizer Masks Market 2024-2030: Scope of Report

Report Metric

Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

7.3%

Market Size in 2030

$186.3 million

Segments Covered

Type, Age Group, End-user and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. 3M Company
  2. Medline Industries, Inc.
  3. Teleflex Incorporated
  4. Smiths Medical, Inc.
  5. Vyaire Medical, Inc.
  6. Becton, Dickinson and Company
  7. ResMed Inc.
  8. Mercury Medical
  9. Armstrong Medical Industries, Inc.
  10. Intersurgical Ltd.

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Nebulizer Masks Market Report – Key Takeaways:

Affordability and Better Availability of Standard Nebulizer Masks

Standard Nebulizer Masks are expected to grow with 7.9% CAGR throughout the projected period, according to IndustryARC analysis. Standard Nebulizer Masks are more affordable and more comfortable than elongated Nebulizer Masks. Standard Nebulizer Masks are made to comfortably cover the user’s mouth and nose while fitting snugly in place. Moreover, regular Nebulizer Masks are more widely available than elongated ones.

Employers frequently demand the use of the common Nebulizer Masks in sectors like manufacturing and construction. During the projection period, these elements are anticipated to fuel demand for standard Nebulizer Masks.

Ambulatory Surgical Centers to Register Highest Growth

Among the end-users, the ambulatory surgical centers (ASC) segment is analyzed to grow with the highest CAGR of 7.8% during the forecast period. Rising number of procedures performed in ASCs and the growing use of aerosol therapy in ASCs to deliver medication to the lungs, Nebulizer Masks are being widely utilized in ASCs. The increasing cost of healthcare, the desire for shorter hospital stays and the convenience of having procedures performed in a non-hospital setting give rise to ASCs’ popularity.

North America is Leading the Market

The North America region held the largest market share of $54.6 million in 2023. There was already a significant demand for Nebulizer Masks in the region due to the surge in respiratory illnesses since the COVID-19 pandemic. On top of that, the elderly population in North America has increased rapidly in the last two decades. As aging people are more likely to develop chronic respiratory diseases, they would require Nebulizer Masks more for the treatment. According to the latest UN report, by 2050, one in four people in the United States will be aged 65 or over.

Additionaly, there is a growing awareness of the benefits of aerosol therapy among healthcare providers and patients in North America. These factors helped North America maintain its dominance in the Nebulizer Masks market in 2022.

Growing Popularity of Personalized Masks

The increased demand for personalized masks is a major factor driving the growth of the Nebulizer Masks market. Personalized masks are designed to fit the individual patient’s face, which ensures a better seal and a more effective delivery of medication to the lungs. This can lead to improved patient outcomes and reduced side effects.

The increased demand for personalized masks is expected to continue in the coming years. This is due to the continued growth of personalized medicine and the continued development of 3D printing technology.

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Key Opportunity Analysis:

Development of New Delivery Technologies

The development of new delivery technologies is creating a massive opportunity for the Nebulizer Masks market. These new delivery technologies can improve the efficacy and safety of aerosol therapy, increasing patient compliance and better results. Recent advancements in nanotechnology have enabled researchers to utilize nanoparticles as carriers for pulmonary drug delivery using aerosol-generating device. A recent article published by the National Library of Medicine highlights the challenges and strategies for translational research on inhalable nanoparticle-based dry powder formulations for respiratory diseases.

Rising Demand for Home Healthcare

The growing demand for home healthcare is creating a major opportunity for the players in the Nebulizer Masks market. Home healthcare is a type of care that is provided to patients in their homes. This type of care is becoming increasingly popular due to a number of factors, including the aging population, the growing prevalence of chronic respiratory diseases and the rising cost of healthcare.

Targeting Specific Patient Population

Companies can target specific patient populations, such as those with asthma, COPD, or cystic fibrosis. This can be done by developing masks that are specifically designed for these conditions. This is a great opportunity for market players to capitalize on the growing prevalence of respiratory diseases.

According to CDC report, the U.S. has already witnessed at least 8.7 million illnesses, 78,000 hospitalizations and 4,500 deaths from flu since October 2022. To treat such respiratory illnesses, market players should develop Nebulizer Masks for these specific conditions, which would drive the market growth further.

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The Report also Covers the Following Areas:

  • Nebulizer Masks Market Size and Forecast
  • Nebulizer Masks Market Trends
  • Nebulizer Masks Market Analysis by Product Type

Nebulizer Masks Market 2024-2030: Key Highlights

  • CAGR of the market during the forecast period 2024-2030
  • Value Chain analysis of key stake holders
  • Detailed analysis of market drivers and opportunities during the forecast period
  • Nebulizer Masks Market size estimation and forecast
  • Analysis and predictions on end users’ behavior and upcoming trends
  • Competitive landscape and Vendor market analysis including offerings, developments, and financials
  • Comprehensive analysis of challenges and constraints in the Nebulizer Masks Market

Covid and Ukrainian Crisis Impact:

Due to the respiratory issues caused by COVID-19, Nebulizer Mask demand has greatly grown, especially among critically sick patients who need breathing support. Healthcare professionals have been treating COVID-19 patients using Nebulizer Masks and other respiratory gear because the virus is mostly disseminated by respiratory droplets. Another typical treatment for COVID-19 patients is oxygen therapy, which is administered via Nebulizer Masks.

Nebulizer Masks are among the major medical items that Ukraine produces in large quantities. The manufacture and supply of these items are anticipated to be hampered as a result of the current conflict between Russia and Ukraine. Moreover, due to the respiratory problems brought on by military fighting and exposure to harmful chemicals, the war is predicted to increase demand for Nebulizer Masks in both Russia and Ukraine. The market may also be negatively impacted by trade restrictions, currency volatility, and political unrest.

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List of Key Market Players in Nebulizer Masks Market:

The Global Nebulizer Masks Market is fragmented with several global and regional companies operating with expansive manufacturing capabilities and extensive distribution networks. The key companies profiled are listed below:

  1. 3M Company
  2. Medline Industries, Inc.
  3. Teleflex Incorporated
  4. Smiths Medical, Inc.
  5. Vyaire Medical, Inc.
  6. Becton, Dickinson and Company
  7. ResMed Inc.
  8. Mercury Medical
  9. Armstrong Medical Industries, Inc.
  10. Intersurgical Ltd.

Related Reports:

Aerosol Propellant Market – Aerosol Propellant market is projected to grow at a CAGR of 5.4% from 2023 to 2030, owing to increasing usage of aerosol propellants in various end-use industries such as automotive, medical, personal care, and more.

Healthcare Equipment Market – The Healthcare Equipment Market is projected to grow at a CAGR of 4.6% during the forecast period from 2024 to 2030. The growth of this market is mainly attributed to surging applications of blood pressure monitors, patient monitors and heart rate monitors are projected to drive the growth of the healthcare equipment market and soaring innovations in healthcare equipment are expected to boost the growth of the healthcare equipment industry.

Asthma and COPD Devices Market – The Asthma and COPD Devices Market is growing at a CAGR of 4.9% during the forecast period. It is due to the increasing incidences of respiratory diseases and the growing technological advancements in the healthcare industry. 

About IndustryARC™:

IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets. 

IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format which assists an intelligent and informed decision-making process.

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IndustryARC

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