Respiratory Drug Delivery Market accounted for over US$ 39 billion in 2019. It is anticipated to grow at a CAGR of approximately 6.8% from 2020 to 2030.
Respiratory drug delivery offers treatment for diseases of the respiratory tract through noninvasive means to deliver either topically active medications or systemic drugs to target organs. The nose and lung are the target organs for the deposition of the aerosol drug. In asthma, drug delivery to the upper airways is needed while for alveolar lung diseases, such as chronic obstructive pulmonary disease (COPD) and idiopathic pulmonary fibrosis, it is important to have drug deposition deep within the lungs rather than just the upper airways.
Major Key Players of the Respiratory Drug Delivery Market are:
3M, GlaxoSmithKline plc., AstraZeneca, Novartis AG, Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim International GmbH., Philips Respironics, Merck & Co., Inc., OMRON Healthcare, Cipla Inc., and others.
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The market growth of respiratory drug delivery can be attributed to factors such as the growing geriatric population globally and the rising number of patients suffering from respiratory diseases. According to the Office of Disease Prevention and Health Promotion, more than 25 million in the U.S. are suffering from asthma and 14.8 million adults have been diagnosed with COPD. Also, according to the WHO, smoking is considered to be a primary cause for COPD and more than 1 billion people inhale outdoor polluted air exposed to tobacco. These factors are leading to an upsurge in market growth.
The Respiratory Drug Delivery Market is segmented on the basis of product Formulation, Applications, Device Type, and region.
Major Formulation of Respiratory Drug Delivery Market covered are:
- Suspension Aerosols
- Solution Aerosols
- Dry Powder Formulations
Major Device Types of Respiratory Drug Delivery Market covered are:
- Metered Dose Inhalers (MDIs)
- Dry Powder Inhalers (DPIs)
- Nebulizers
Major Applications ofRespiratory Drug Delivery Market covered are:
- Chronic Obstructive Pulmonary Disease (COPD)
- Asthma
- Cystic Fibrosis
Other factors, such as a rise in governmental & non-governmental initiatives is expected to provide the market with lucrative growth opportunities. Moreover, technological advancements for the development of innovative products by the key players are also boosting market growth. However, the high price of these devices and wastage of drug formulations during the use of such devices may curb market growth to a certain extent.
Research objectives:-
– To study and analyze the global Respiratory Drug Delivery consumption (value & volume) by key regions/countries, product type and application, history data.
– To understand the structure of the Respiratory Drug Delivery market by identifying its various sub-segments.
– Focuses on the key global Respiratory Drug Delivery manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.
– To analyze the Respiratory Drug Delivery with respect to individual growth trends, future prospects, and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Respiratory Drug Delivery Market Size
2.2 Respiratory Drug Delivery Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Respiratory Drug Delivery Market Size by Manufacturers
3.2 Respiratory Drug Delivery Key Players Head office and Area Served
3.3 Key Players Respiratory Drug Delivery Product/Solution/Service
3.4 Date of Enter into Respiratory Drug Delivery Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Respiratory Drug Delivery Sales by Product
4.2 Global Respiratory Drug Delivery Revenue by Product
4.3 Respiratory Drug Delivery Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Respiratory Drug Delivery Breakdown Data by End User
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