Commenting on the report, an analyst from TechNavio’s Healthcare team said, "The worldwide aging population is increasing at a steady pace, which in turn is leading to an increase in the demand for home healthcare products such as glucose monitoring devices, nebulizers, inhalers, etc. Patients prefer home healthcare to hospital-based care mainly because of the convenience and cost effectiveness of the former. Moreover, increasing consumer awareness about technologically advanced, portable nebulizers is driving growth."
According to the report, nebulizers have undergone massive technological advancements, making them extremely popular. They have moved from being bulky devices to portables ones that are easy to use. The report also discusses the competition from other forms of inhalers in the market.
The study was carried out using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio is the market research platform of Infiniti Research publishing periodic reports on multiple areas of niche and emerging technologies. For further information, please visit http://www.technavio.com/
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