Market Overview:
Asthma spacers are a convenient way to deliver the medication to the lungs. These devices help to ensure that the medicine reaches the lungs directly. When used correctly, they are just as effective as nebulizers. Users need to remove the spacer from the inhaler before using it. A spacer will allow the medicine to enter the lungs more quickly. This will allow the medicine to be more concentrated. Unlike the inhaler, a spacer can help prevent a medicine from escaping into the air. Those who use inhalers frequently should use a spacer to prevent the inhaler from drying up.
The global asthma spacer market is estimated to be valued at US$ 1,637.5 million in 2021 and is expected to exhibit a CAGR of 6.4% during the forecast period (2021-2028).
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Key Market Drivers:
The increasing prevalence of the geriatric population in the world is the main factor, which is expected to drive the growth of the global asthma spacers market. For instance, according to United Nations reports, in 2019, there were around 703 million individuals in the world aged 65 years or more. During use, users need to hold the inhaler upright and relax the head. The users have to remove the spacer from the inhaler. Using a spacer can increase the time the drugs will stay in the lungs. The device is also designed to minimize the static charge. This will help to administer the medication more efficiently. In addition to this, a spacer is designed to be easy to disassemble and clean, so it’s a breeze to take it along. The increasing launch of medical devices by key market players is estimated to boost the growth of the global asthma spacers market.
Covid-19 Impact Analysis:
During the COVID-19 pandemic, patients dealing with asthma were on a verge of getting infected with the virus more rapidly. For instance, according to the U.S. Centers for Disease Control and Prevention, individuals with moderate, severe, or uncontrolled asthma are more likely to get infected and to be hospitalized from the coronavirus. This impacted the growth of the global asthma spacers market positively.
Competitive Landscape:
Major players operating in the global asthma spacers market include Lupin Pharmaceuticals Inc., AstraZeneca Merck & Co., Clement Clarke, Cipla Ltd., Visiomed Group Ltd., Medical Developments International, GlaxoSmithKline, Koninklijke Philips N.V, Trudell Medical International.
Asthma Spacers Market Segmentation:
Global Asthma Spacer Market, By Spacer Type:
-
- Volumatic
- Aerochamber
- InspirEase
- Optichamber
- Others
Global Asthma Spacer Market, By Distribution Channel:
-
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
By Region
Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America [United States, Canada, Mexico]
Middle East & Africa [GCC, North Africa, South Africa]
South America [Brazil, Argentina, Columbia, Chile, Peru].
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Key Takeaways:
The size of the global asthma spacer market is assessed to increase at a CAGR of 6.4%, owing to the increasing prevalence of asthma in the world. For instance, according to the National Institutes of Health (NIH), around 300 million individuals in the world are currently suffering from asthma.
North America is expected to dominate the growth of the global asthma spacer market, owing to the increasing prevalence of asthma in the region. For instance, according to the Asthma and Allergy Foundation of America, around 25 million US residents are suffering from asthma.
The Asia Pacific is estimated to witness high growth in the global asthma spacer market, owing to the increasing expansion of key market players in the region. Moreover, owing to the increasing pollution rate in developing regions, the asthma rate is also increasing, which is helping the growth of the market.
Table of Content
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Spacer Type
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Opportunity
- Impact Analysis
- Pipeline Analysis
- Regulatory Scenario
- Market Trends
- Key Developments
- Epidemiology
- PEST Analysis
- Brand Analysis
- Market Dynamics
- Global Asthma Spacer Market– Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply and Demand Analysis
- Key Developments
- Global Asthma Spacer Market, By Spacer Type, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Volumatic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Aerochamber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- InspirEase
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Optichamber
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Introduction
- Global Asthma Spacer Market, By Distribution Chanel, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, 2017 – 2028
- Segment Trends
- Hospital Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Retail Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Online Pharmacy
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017 – 2028, (US$ Mn)
- Introduction
- Global Asthma Spacer Market, By Region, 2017 – 2028, (US$ Mn)
- Introduction
- Market Share Analysis, By Region, 2021 and 2028 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2028
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Spacer Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017 – 2028, (US$ Mn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Spacer Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017 – 2028, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Spacer Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017 – 2028, (US$ Mn)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Spacer Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017 – 2028, (US$ Mn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Spacer Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2017 – 2028, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Spacer Type, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Distribution Channel, 2017 – 2028, (US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries/Region, 2017 – 2028, (US$ Mn)
- North Africa
- Central Africa
- South Africa
- Introduction
- Competitive Landscape
- Heat Map Analysis
- Market Share Analysis
- Trudell Medical International
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- PARI Respiratory Equipment, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Koninklijke Philips N.V
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- GlaxoSmithKline Plc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Lupin
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Medical Developments International
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Visiomed Group Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Cipla Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Clement Clarke International Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Rossmax International Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Luckys Pharma
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Mediacare Equipments (India) Pvt. Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Asia Connection Co., Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Laboratoire Protecsom SAS
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Trudell Medical International
- Analyst Views
- Section
- Research Methodology
- About us
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