The Nebulizer Devices Market To Witness An Upsurge With A CAGR Of 6.6% From 2025

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Nebulizer Devices Market
Report Id PMRREP22411 Category Life Science
Healthcare
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The Nebulizer Devices Market To Witness An
Upsurge With A CAGR Of 6.6 From 2025

• Advances in healthcare and the introduction of
  new drugs has been anticipated to trigger the
  adoption of nebulizer devices until 2025 end,
  thus supporting the overall growth of the market.
  With technological advances rapidly gaining pace,
  key players in the market are also rolling up
  their sleeves in order to sustain in the
  intensifying market scenario and also to stay
  ahead of the competition. Companies are investing
  in research and development of new products and
  are focusing on mergers, acquisitions, and
  partnerships.
• For instance, in 2015, two market giants Agilent
  Technologies Inc. and Thermo Fisher Scientific
  entered into an agreement for instrument control
  exchange. This agreement proved to be beneficial
  with improved productivity and enhanced user
  experience for customers who were using the
  instruments and software of both the companies.
  Many other agreements and exchange partnerships
  have taken place between several leading firms.
• On these grounds, the global nebulizer devices
  market is expected to expand at 6.6 CAGR from
  2017 to 2025. The market is projected to rise to
  a valuation of over US 3,382 Mn by the end of
  2025 from a valuation of around US 2,033 Mn in
  2017.

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Implementation of Strict Regulations and Drug
Loss During Delivery to Hinder Market Progress
Nebulizers are efficient and effective in drug
delivery nevertheless, the prime factor
associated with these devices is the loss of the
drug during delivery. Pneumatic nebulizers have
been foreseen to lose some amount of the drug in
the spray chamber during delivery. Ultrasonic
nebulizers incorporate the use of ultrasonic
waves, which escalates the chances of drug
inactivation during delivery. Moreover,
ultrasonic waves are harmful to the human body.
This factor may negatively impact the growth of
the ultrasonic nebulizer devices market. Also,
governments across the globe have imposed strict
regulations on the approval of nebulizer
devices. So, despite several awareness programs
and technological advancements paving the way for
a better future for the market, will the sales of
nebulizer devices garner sufficient revenue in
the long run and will the market stay unaffected
by the regulations imposed is something that
remains to be seen.
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