Kids Nebulizer System Market Trend, Opportunity, and Forecast Analysis, 2024-2032

Kids Nebulizer System Market Highlights

The global kids nebulizer system market is expected to cross a value of USD 1.92 billion by the end of 2032. The market was valued at USD 1.2 billion in 2023 and is expected to expand at a CAGR of 6.5% between 2024-2032.

• Over the mid-term, the growing prevalence of respiratory conditions in children is the primary factor anticipated to drive the global kids nebulizer system market.
• The high cost of nebulizer equipment is a major factor to challenge the market growth.
• The North America kids nebulizer system market is projected to dominate the global market.

Kids Nebulizer System Market Outlook

A medical device designed specifically for administering medication to children who are suffering from respiratory conditions is known as a kids nebulizer system. The medication is administered in the form of a mist which is inhaled by the child.

According to our experts at KD Market Insights, one of the major factors anticipated to drive the growth of the market is the growing prevalence of respiratory conditions in children. Our researchers have found that pneumonia remained as the predominant cause of childhood mortality among all other respiratory conditions, representing about 1.3 million deaths every year. Nebulizer systems are widely being used to treat respiratory conditions, such as asthma, bronchitis, and cystic fibrosis among children. As the incidence of respiratory disorders would increase, the demand for nebulizer systems among kids is also expected to grow, thereby contributing to the market growth. Omron Corporation, GE Healthcare, and Koninklijke Philips N.V.  are some of the significant parties in the global market for kids nebulizer system.

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Kids Nebulizer System Market Drivers – Analyst’s Observation

According to the analysts at KD Market Insights, some key growth drivers for the global kids nebulizer system market are:

• Growing Focus on Home Healthcare: The demand for home healthcare is growing rapidly worldwide. Our researchers predict that in the next 5 years, the revenue generated from home healthcare would surpass USD 380 billion, up from about USD 230 billion currently. The shift in focus of individuals towards home healthcare is raising the demand for portable and easy-to-use medical devices, such as nebulizer systems, which allow parents to provide treatment to their children suffering from chronic respiratory diseases. Children receiving home healthcare remain under the supervision of their caregivers and hence, the frequency of hospital visits is reduced drastically.
• Surge in Pediatric Population Globally: The pediatric population around the globe is increasing at a rapid pace. According to our researchers, the population of children aged zero to 14 years old is estimated to be about 2 billion currently. With the growing global population of children globally, the demand for kids nebulizer systems is expected to increase. Moreover, the manufacturers and healthcare providers have experienced several growth opportunities associated with the pediatric market segment, and hence, are investing massively in developing tailored nebulizer solutions to meet the specific needs of pediatric patients.

Which Probable Factors Could Hamper the Growing Kids Nebulizer System Market Trend?

As per our KD Market Insights analysis, some of the challenges expected to limit the global market growth of kids nebulizer system are:

• Resistance Among Children in Wearing Nebulizer Masks: There has been numerous instances of children facing difficulties in using nebulizer systems due to fear, discomfort, or lack of understanding. Due to this resistance in wearing the mask or the mouthpiece, caregivers may seek for alternative treatment options, which is expected to limit the market growth during the forecast period.
• High Cost of Nebulizer Equipment: The cost of nebulizer equipment, which majorly consists of compressor unit, masks, tubing, and medication solutions, is usually very high. As a result, this high cost of nebulizer may deter some families from investing in nebulizer therapy, in turn, restricting the market growth.

How is the Global Kids Nebulizer System Market Segmented?

Our experts at KD Market Insights have segmented the global kids nebulizer system market as:

What are the Probable Factors Influencing the North America Kids Nebulizer System Market Forecast?

The North America kids nebulizer system market is majorly driven by the growing prevalence of pediatric respiratory conditions among children in the region, along with the ongoing advancements witnessed in nebulizer technology that has resulted in the development of more efficient, user-friendly, and portable devices. The United States Environmental Protection Agency (EPA) reported that in the year 2020, the rate of emergency room visits for asthma and all other respiratory causes was 369 visits per 10,000 children, and for asthma alone was 47 visits per 10,000 children. On the other hand, the increasing awareness among parents, caregivers, and healthcare professionals about the importance of pediatric respiratory health and the rapid demand for preventive and therapeutic interventions are also expected to contribute to the market growth in the region.

As per our analysts at KD Market Insights, the following five players lead the North America kids nebulizer system market growth:

• Philips Respironics
• DeVilbiss Healthcare LLC
• PARI Respiratory Equipment, Inc.
• Omron Healthcare, Inc.
• Drive DeVilbiss Healthcare

Which Key Players Top the Global Kids Nebulizer System Market Share?

As per our analysts at KD Market Insights, the competitive landscape of global kids nebulizer system market facilitates our readers in identifying their closest competitors. The manufacturers who are associated with kids nebulizer system market are raising their focus on expanding their presence, as well as their market share. The market has also been witnessing an upward movement in the number of collaborations between research institutions and key players, aimed at introducing advanced technologies and innovation of new products. Here is a list of the key players who top the global kids nebulizer system market share:

• Omron Corporation
• GE Healthcare
• Koninklijke Philips N.V.
• Allied Healthcare
• Vectura Group Plc.
• PARI Respiratory Equipment, Inc.
• Aerogen
• DeVilbiss Healthcare LLC
• Briggs Healthcare
• Beurer GmBH

What are the Recent Developments Observed in the Kids Nebulizer System Market?

Over the years, the experts at KD Market Insights have been observing the recent developments associated with global kids nebulizer system market trends. Our expert’s market forecast analysis has recorded the market players adopting plentiful of key strategies including new product launches, mergers & acquisitions, and collaborations.

For instance, OMRON Healthcare, Inc. has issued a respiratory reminder to the residents of Lake Forest, California, to encourage those suffering from asthma and COPD to take preventive action to manage their respiratory health. The company has recently launched the new CompAir Compressor Nebulizer, designed especially for kids, and are encouraging parents to ensure that their kids get the required medication.

Further, Philips stated that it has launched the smallest and lightest portable handheld nebulizer system known as InnoSpire Go.