North America dominates the global market for nebulizers, inhalers and respirators for asthma treatment due to a rapid rise in the aging population and developed healthcare infrastructure in the region. Asia Pacific is expected to show high growth rates over the next five years in the global nebulizers, inhalers and respirators for asthma treatment market, with China and India being the fastest-growing markets in the Asia Pacific region. The key driving forces for the nebulizers, inhalers and respirators for asthma treatment market in developing countries are: A large pool of patients, increasing disposable income, higher environmental pollution, a rise in the number of smokers, increasing healthcare awareness, expansion of the aging population base, increasing healthcare expenditure, and improving healthcare infrastructure in the region.
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The growth of the global nebulizers, inhalers and respirators for asthma treatment market, on the other hand, is hinged on: Rising prevalence of as well as awareness about asthma, increasing prevalence of obesity, spike in pollution levels, and increasing healthcare expenditure. In addition, an uptick in the number of smokers, greater disposable income, increasing awareness about the benefits of timely diagnosis of asthma, and a growing demand for better healthcare facilities are some of the key factors driving the growth of the global nebulizers, inhalers and respirators for asthma treatment market. However, the high cost of asthma treatment acts as a major restraint for the growth of the global nebulizers, inhalers and respirators for asthma treatment market.
Key segments covered in this report are:
- By type
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Top companies profiled in this report are:
- 3M Healthcare
- GlaxoSmithKline, Inc.
- Philips Respironics
- Boehringer Ingelheim
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