Global Pulmonary Drug Delivery Systems Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025

Global Pulmonary Drug Delivery Systems Market was Valued at US$ XX Mn in 2018, Due to Rise in Prevalence of Chronic Diseases Such as Chronic Obstructive Pulmonary Disease (COPD), Asthma, and Cystic Fibrosis
Analyst Speak:

“The Global Pulmonary Drug Delivery Systems Market was valued around US$ XX Mn by 2018 and growing at a significant CAGR over seven years forecast period 2019-2025” owing to advancements in technology pulmonary drug delivery systems and growing adoption to alternative drug delivery systems.

The Global pulmonary drug delivery systems market was valued at US$ XX Mn in 2018 and growing at a significant CAGR over the forecast period due to increase in prevalence of chronic diseases such as COPD, asthma etc. and adoption to non-invasive techniques are major factors that drive the growth of the market over the forecast period. Moreover, as the required dosage is minimum, which creates demand in the market rising funds and government support boosts the growth of the market over forecast period. However, stringent regulatory issues in approval of the products expected to hinder the growth of the market.

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Global pulmonary drug delivery systems market segmented on the basis of product type, technology, by disease condition, and distribution channel

Metered Dose Inhalers, by Product Leads the Pulmonary Drug Delivery Systems Market with highest revenue share

Based on Product, Global pulmonary drug delivery systems market is segmented into metered dose inhalers, nebulizers, and dry powder inhalers. Metered dose inhalers segment registered highest revenue share in 2018 and expected to dominate over the forecast period owing to the advantages by the metered dose inhalers such as efficient absorption of drugs and negligible side effects fuels the growth of the market.
North America Dominates the Global Pulmonary Drug Delivery Systems Market

PBI’s Global pulmonary drug delivery systems market report analyses the market in different countries such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa. According to geographical analysis, North America dominates overall revenue share in 2018 and the same trend is projected to follow over 2019-2025 due to advanced technology developments by the market players and supportive government reimbursement policies drives the growth of the market over forecast years. In addition launch of various products by the market players in the market fuels the growth of the market.

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Focus on R&D and Development and Launch of Novel Products into the Market are the key strategies adopted by the market players

Market Players are increasingly adopting the strategies such as high investments in R&D and development of novel products and launch of new products into the market and expanding their product portfolio to enhance their revenue and focusing on strategic alliances to strengthen their position in the market. For instance, In December 2017, Sunovion receives the U.S. Food and Drug Administration (FDA) approval for the New Drug Application (NDA) for Lonhala Magnair (glycopyrrolate) Inhalation Solution, also known as SUN-101/eFlow, for the long-term, maintenance treatment of airflow obstruction in people with chronic obstructive pulmonary disease (COPD), including chronic bronchitis and/or emphysema.

Key player’s profiles in the report are Sunovion Pharmaceuticals Inc. (U.S), AstraZeneca plc (U.K), Omron Corporation (Japan), Novartis AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), GlaxoSmithKline (U.K), 3M (U.S), and Boehringer Ingelheim GmbH (Germany).

Precision Business Insights (PBI) in its report titled “Global Pulmonary Drug Delivery Systems Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period over 2019-2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

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Detailed Segmentation

By Product Type
o Metered Dose Inhaler
o Manually-Actuated Pressurized Inhaler
o Breath-Actuated Pressurized Inhaler
o Nebulizer
o Ultrasonic Wave Nebulizers
o Vibrating Mesh Nebulizers
o Jet Nebulizers
o Dry Powder Inhaler
o Single-Dose Inhalers
o Multi-Dose Inhalers
By Technology
o Manually Operated Inhalers
o Digitally Operated Inhalers
By Disease Condition
o Asthma
o Chronic Obstructive Pulmonary Disease (COPD)
o Pulmonary Arterial Hypertension
o Others
By Distribution Channel
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies
Geography

o North America
o Europe
o Asia Pacific
o Latin America
o Middle East and Africa

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