The global nebulizer market was valued at $926.1 million in 2019 and is expected to grow at a 6.6% compound annual growth rate due to rising chronic respiratory diseases, demand for home healthcare devices, and an aging population. Major players in the nebulizer market include Philips Group, ResMed, Fisher & Paykel Healthcare, Hamilton Medical AG, Masimo Corporation, General Electric Healthcare, Invacare Corporation, and Medtronic. The document discusses the nebulizer market size, key players, and reverse engineering and "Make in India" initiatives related to nebulizers.