Respiratory Inhalers Market report includes historic data, present market trends, environment, technological innovation, upcoming technologies and the technical progress in the related industry. Respiratory Inhalers Market offers complete, proficient report delivering market research data that is relevant for new market entrants or set up players. Key strategies of the companies operating in the market and their impact analysis have been included in the report.
Respiratory inhaler are sometimes used with a complementary spacer or holding chamber device, in order to reduce deposition in mouth and throat and to alleviate the need for precise synchronization of the start of inhalation with actuation of the device.
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Statistics:
The global respiratory inhaler market is estimated to be valued at US$ 32,921.8 Mn in terms of value in 2019 and is expected to reach US$ 46,984.1 Mn by the end of 2027.
Global Respiratory Inhaler Market: Drivers
The increasing adoption of combination therapies such as triple combination therapy for chronic obstructive pulmonary disease (COPD) patients is expected to drive growth of the global respiratory inhaler market over the forecast period. Moreover, rising demand for combined therapies is attributed to benefits offered by combined therapies such as it is more reliable in complex patients, increased efficacy, and easy reimbursement policies related with the therapy.
Global Respiratory Inhaler Market: Opportunities
Moreover, smart inhaler technology is developed to aid patients in keeping a check on their doses and offers various other features. Some devices with smart inhaler technology have the ability to read environment pollution, in terms of air quality, and it alerts the patient about air quality, which can trigger asthma. For instance, Propeller Health, a U.S.-based company started supplementing medicines with this technology. They have connected an inhaler with Bluetooth transmitter to provide connectivity to the smartphone. This technology keeps a track of patient’s asthmatic attack frequency along with possible causes that triggers asthma and it also provide this information to their respective healthcare professional.
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• Current and future of global Respiratory Inhalers market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
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Global Respiratory Inhaler Market: Restraints
The increasing adoption of respiratory inhaler devices has resulted in high demand for pulmonologist, physicians, and nurses to enable or ensure correct usage of inhalers and nebulizers and to provide adequate training to patients. However, lack of skilled pulmonologist and physicians, especially in developing regions are expected to hamper growth of the market to some extent over the forecast period.
Key Takeaways:
Among product type, metered dose inhaler segment was valued at US$ 22,360.9 Mn in 2018 and is expected to reach US$ 33,825.0 Mn by 2027 exhibiting a CAGR of 4.5% during the forecast period.
Metered-dose inhaler delivers precise dose of medication in aerosol form. The metered-dose inhaler was the first inhaler that was marketed in 1950s and is still the most common inhaler used globally. Moreover, its low cost in comparison to other advanced inhalers such as dry powder inhaler and nebulizer, gives it a competitive advantage, especially in emerging economies such as India, China, and Brazil, where cost is one of the critical factors.
Among technology, manually operated inhaler devices segment held a dominant position in the global respiratory inhaler market in 2018, accounting for 93.1% share in terms of value, followed by digitally operated inhaler devices. Manual inhalers are the most common type of respiratory inhalers. In manual inhalers, medication is stored in pressurized canister in solution form, which also contains a propellant. The most common propellant that is used include hydrofluoroalkane (HFA), which is eco-friendly.
Among disease indication, asthma segment held a dominant position in the global respiratory inhaler market in 2018, accounting for 60.4% share in terms of value, followed by COPD and pulmonary arterial hypertension, respectively.
Moreover, key players are focusing on product launches and approvals for the treatment of asthma is expected to drive growth of the market over the forecast period. For instance, in January 2017, AstraZeneca received the U.S. FDA approval for its Symbicort (budesonide/formoterol fumarate dihydrate), a metered-dose inhaler for the treatment of asthma in pediatric patients aged 6 to 12 years.
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Market Trends
In addition, market is witnessing increasing number of R&D about proper usage of inhaler device. For instance, in September 2018, researchers from University of Helsinki, Finland, reported investigation of non-verbal, demonstrational videos as a method of teaching inhaler naïve individuals on how to use a dry powder inhaler (DPI).
Moreover, there is increasing launch of devices to track usage pattern of metered-dose inhalers (MDI) by key players. For instance, in November 2019, Lupin Ltd. launched a device Adhero, which is used for tracking usage pattern of metered-dose inhalers (MDI) by patients suffering from chronic respiratory diseases.
Global Respiratory Inhaler Market: Competitive Landscape
Key players operating in the global respiratory inhaler market include, AstraZeneca plc., Beximco Pharmaceuticals Ltd., Boehringer Ingelheim GmbH, Cipla Ltd., GlaxoSmithKline plc., Koninklijke Philips N.V., Merck & Co., Inc., OMRON Healthcare Europe B.V., PARI Medical Holding, and Teva Pharmaceutical Industries Ltd.
Global Respiratory Inhaler Market: Key Developments
Moreover, key players in the market are focused on launching smart inhaler devices to expand their product portfolio. For instance, in January 2019, FindAir, a Europe-based company that develops digital systems for asthma and COPD control, launched its commercial smart inhaler device FindAir ONE.
Key players in the market are also focused on receiving certification from regulatory bodies for their novel inhaler devices. For instance, in September 2019, Novartis International AG’s Concept1 inhaler received certification under the new EU Medical Devices Regulation (MDR).
Segmentation
- Global Respiratory Inhaler Market, By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
- Global Respiratory Inhaler Market, By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- Global Respiratory Inhaler Market, By Disease Indication:
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
- Global Respiratory Inhaler Market, By Region:
- North America
By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- By Disease Indication
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
By Country:
- S.
- Canada
- Europe
By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- By Disease Indication
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
By Country:
- K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- By Disease Indication
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
By Country:
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- By Disease Indication
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
By Country:
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East:
By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- By Disease Indication
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
By Product Type:
- Dry Powder Inhaler
- Metered Dose Inhaler
- Nebulizer
- Ultrasonic Nebulizer
- Compressed Air Nebulizer
- Mesh Nebulizer
By Technology:
- Manually Operated Inhaler Devices
- Digitally Operated Inhaler Devices
- By Disease Indication
- Asthma
- COPD
- Pulmonary Arterial Hypertension
- Others
By Country/Region:
- Central Africa
- South Africa
- North Africa
- Company Profiles
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
Major Point Answered in Respiratory Inhalers Market Research Study are: –
• What will the market growth rate, Overview and Analysis by Type of Respiratory Inhalers market in 2026?
• What are the key factors driving, Analysis by Applications and Countries Respiratory Inhalers market?
• What are Dynamics, This Overview Includes Analysis of Scope, and price analysis of top Manufacturers Profiles of Respiratory Inhalers market?
• Who are Opportunities, Risk and Driving Force of Respiratory Inhalers market? Knows Upstream Raw Materials Sourcing and Downstream Buyers
• Who are the key vendors in Respiratory Inhalers market space? Business Overview by Type, Applications, Gross Margin and Market Share
• What are the Respiratory Inhalers market opportunities and threats faced by the vendors in the market?
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