The Global Asthma Inhaler Devices Market is likely to expand at 5.2 % CAGR during the forecast period (2017-2022) owing to the increasing prevalence of asthma among the crowd, asserts Market Research Future (MRFR). Asthma Inhaler Device Market Research Report, by Device Type (Metered-Dose Inhaler, Mdi With A Spacer, Dry-Powder Inhaler), by Technology (Manually Operated, Digitally Operated), by End-User (Hospitals, Research Institutes) – Global Forecast Till 2023
Increasing prevalence of asthma cases and COPDs (chronic obstructive pulmonary diseases) are fueling the market growth, predominantly. The increasing technological advancements transpired in the field of medical technology, provide impetus to the market growth to an extent. Furthermore, the intervention of digital health into asthma management has presented innovations like mobile applications and electronic monitoring devices, complementing to asthma inhalers. This, in turn, has escalated the market on the global platform.
Get Sample Report @ https://www.marketresearchfuture.com/sample_request/1653
Additionally, factors such as growing population and geriatric populace worldwide are fostering the market growth. Improving economic conditions are contributing to the market growth, enabling access to the quality life & the improved healthcare. Seminal efforts &investments put in the development of these devices, by the key market players are paying off well, driving the market growth.
Global Asthma Inhaler Device Market – Key Players
Some of the key players in this market are
- GlaxoSmithKline Plc. (U.K)
- Merck & Co., Inc. (US)
- 3M (US)
- Aristopharma Ltd. (Bangladesh)
- SRS PHARMACEUTICALS PVT. LTD. (India)
- Intas Pharmaceuticals, Ltd. (India)
Global Asthma Inhaler Device Market – Segmentation
For the convenience of the report and enhanced understanding; MRFR has segmented the report into four key dynamics.
By Types: Consists of MDI (Metered-Dose Inhaler), MDI with a Spacer, and Dry-Powder Inhaler among others.
By Technology: Manually & Digitally Operated Inhaler Devices, among others.
By End Users: Clinics, Hospital, and Retail Stores, among others.
By Regions: North America, Europe, APAC and Rest of the World.
Global Asthma Inhaler Device Market – Regional Analysis
Globally, North America is the leading market for Asthma Inhalers, accounting for the largest revenue pocket, followed by the Europe & Asia Pacific markets, respectively. The US market backed by the high expenditure on healthcare is the major contributor to the regional market growth. Moreover, increasing patient population and availability of a wide range of products provide impetus to the regional market growth.
On the other hand, Europe, the world’s second-largest market for asthma inhaler device, is fostered by the high per capita income and robust healthcare penetration in the region. The strong market growth in the countries like Germany & France drives the regional market growth, large scale. With the presence of a huge patient pool with various types of allergic conditions and extensive use of respiratory devices, the market is projected to register a phenomenal CAGR during the forecast period.
Asia Pacific Asthma Inhaler Device Market is expected to perceive an exponential growth. Owing to the huge population and the burgeoning medical treatment market, India & China drive the regional market growth. Asthma is prevailing in the region along with the increasing number of patients complaining about respiratory problems. Vietnam, Thailand, and Malaysia among the other South East Asian countries are projected to contribute significantly to the regional market growth. With the rising environmental pollution and rising demand for respiratory inhalers, the APAC region will register a significant CAGR during the review period.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
+1 646 845 9312