Steam Inhalers Market Size, Share & Growth | Forecast [2030]

Report Description

The global steam inhalers market is expected to grow steadily and expand at a CAGR of 5.2% during the forecast period, 2021–2028.

Small handheld devices that spray a fine, humid mist into the nasal passage are known as steam inhalers. Steam inhalers deliver humidity directly to the user's sinuses and lungs. Steam inhalation is an important treatment for colds, flu, cough, sinus congestion, and other respiratory illnesses.

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The World Health Organization first proclaimed the COVID-19 infection pandemic in March 2020, with fever, dry cough, and shortness of breath as the symptoms. To help overcome COVID-19, a variety of heat-based therapies are used in conjunction with other personal hygiene measures; however, there are currently no clinical protocols for using heat in the treatment of COVID-19.

Increased frequency and awareness of respiratory disorders, as well as government activities in developing nations, present lucrative opportunities to the market players. According to the World Health Organization (WHO), 235 million people worldwide were affected by asthma in 2016, with 15–20 million of those from India.

Market Drivers, Restraints, and Opportunities:

• Steam inhalation is a popular home remedy for treatment of sinus infections and colds. For lung disorders such as chronic obstructive pulmonary disease (COPD), asthma, cystic fibrosis, and others, inhalation therapy has been used for thousands of years.
• Growing number of patients with the aforementioned lung disorders is fueling the demand for steam inhaler devices and driving the market.
• According to the World Health Organization, more than 339 million people worldwide suffer from asthma, with 80 percent of asthma-related deaths occurring in low and middle-income countries.
• Skin texture, shine, and elasticity are improved by steam inhaler devices. Growing use of steam inhaler devices for beauty care and increasing expenditure on beauty care are major factors driving the market.
• The market is expected to be driven by rising standard and quality of life, increased awareness of convenience, and technological improvements.
• Increased frequency and awareness of respiratory disorders, as well as government activities in developing nations, present lucrative opportunities to the market players. According to the World Health Organization (WHO), 235 million people worldwide were affected by asthma in 2016, with 15–20 million of those from India.

Scope of the report:

The report on the global steam inhalers market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Global Steam Inhalers Market Segment Insights:

Advantages of portable steam therapy inhaler to drive the market

Based on products, the market is segregated into standard handheld steam inhaler, portable steam therapy inhaler, and rechargeable inhaler. The portable steam therapy inhaler segment held a major market share in 2021, due to its cost-effectiveness and increased advantages.

Health & Wellness segment held a major market share

On the basis of applications, the market is fragmented into health & wellness, cold & congestions, sinusitis, laryngitis, asthma, chronic obstructive pulmonary disease (COPD), beauty, and others. The health & wellness segment dominated the market in 2021 with a revenue share of over 50.0%, owing to widespread availability of services in this segment.

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Large number of treatments performed in hospitals to drive the market

Based on end-users, the market is segregated into hospitals & wellness centers, beauty clinics, spas, homecare, and others. The hospital segment is anticipated to expand at a high CAGR during the forecast period. Growth of the segment is attributed to a large number of treatments performed in hospitals and wellness centers, as well as favorable reimbursement systems offered by hospitals in emerging markets.

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North America is estimated to dominate the market

In terms of regions, the market is classified as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to account for a significant share of the global steam inhaler devices market, due to the presence of prominent industry players in the region.

The market in the region is expected to be propelled by early acceptance of technologically improved items. The steam inhalers market in Asia Pacific is expected to grow at a rapid rate over the forecast period, due to increasing occurrences of COPD and asthma. According to a study published in the International Journal of Chorionic Obstructive Pulmonary Disease in China, COPD is common in men and in rural areas.

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