Press release
Smart Inhalers Market To Reach USD 829.3 Million by 2025 | Key Players - Teva Pharmaceuticals Industries , Vectura Group , AstraZeneca , Boehringer
Global smart inhalers market is valued at approximately USD 16.4 Million in 2017 and is anticipated to grow with a healthy growth rate of more than 63.3 % over the forecast period 2018-2025. Technological advancements in smart inhalers is the major trend that are responsible for the wide adoption of smart inhalers globally.Global smart inhalers market is mainly driven by rising prevalence of respiratory diseases such as asthma and COPD. According to WHO, over 90 % of COPD (Chronic obstructive pulmonary disease) observed in middle- & low-income countries. The prevalence of COPD and asthma is rising due to several reasons such as growing consumption of tobacco and cigarettes, rising aging population and growth of air pollutants. The prevalence rate of COPD is high in the United States. COPD is the third leading cause of death in the United States. Further, according to the Asthma Organization UK, in 2015 around 5.4 million people in United Kingdom are presently receiving asthma treatment out of which 4.3 million are adults and rest 1.1 million are children. Moreover, in United Kingdom one in every 11 people is suffering from asthma. This clearly states that there is high prevalence of respiratory diseases positively affects the demand for the smart inhalers. However, lower acceptance in emerging economies is the major factor that impede the growth of global smart inhalers market.
Top Companies Covered in this Report:
Teva Pharmaceuticals Industries , Vectura Group , AstraZeneca , Boehringer Ingelheim , Propeller Health , Cohero Health , Adherium Limited , Novartis AG , Glaxo SmithKine , OPKO Health
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On the basis of segmentation, the smart inhalers market is segmented into product, indication and end-user. The product segment of global smart inhalers market is classified into inhalers and nebulizers of which inhalers dominates the major as inhalers are preferred as first option of treatment, portability. Based on indication, the smart inhalers market is classified into asthma and COPD. On the basis of end-user, the market is classified into patients and research & development.
The regional analysis of smart inhalers market is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America have occupied major share in the global smart inhalers market. The major reasons for the dominance of North America are high awareness regarding asthma and COPD treatment, high technological innovations in healthcare sector, high adoption of smart inhaler device and growing adoption of IOT in healthcare industry. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of market share. The growth of Asia-Pacific region is witnessed owing to growing population affected with respiratory diseases due to rising air pollution.
By Product:
- Inhalers
o Metered Dose Inhalers
o Dry powder inhalers
- Nebulizers
By Indication:
- Asthma
- COPD
By end-user:
- Patients
- R&D
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Fundamentals of 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 Smart Inhalers Market Size
2.2 Smart Inhalers Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Smart Inhalers Market Size by Manufacturers
3.2 Smart Inhalers Key Players Head office and Area Served
3.3 Key Players Smart Inhalers Product/Solution/Service
3.4 Date of Enter into Smart Inhalers Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Smart Inhalers Sales by Product
4.2 Global Smart Inhalers Revenue by Product
4.3 Smart Inhalers Price by Product
5 Breakdown Data by End User
5.1 Overview
5.2 Global Smart Inhalers Breakdown Data by End User
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In the last section of the report, the global Smart Inhalers market additionally provides a detailed survey of the key competitors and the leading players in the market, based on the various objectives of an organization such as overview, profiling, product portfolio, the quantity of production, upstream raw material, downstream demand analysis, and the financial status of the organization. These key players have adopted the regional expansion, mergers & acquisitions, product portfolio expansion, partnerships, and collaborations as their key strategies to enhance their infiltration in the Global Smart Inhalers Market.
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Inhalers Market Analysis-Growth Projections
The Inhalers Market is expected to register a CAGR of 5.3% from 2025 to 2031
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Market leaders and key company profiles
3M
Agilent Technologies
GlaxoSmithKline
Novartis
Propeller Health
Boehringer Ingelheim
BESPAK
AstraZeneca
Cohero Health
Segments Covered By Devices
Metered Dose Inhalers
Dry Powder Inhalers
Nebulizers
Nasal Inhalers
By Type
Preventive Inhalers
Reliever Inhalers
Long-Acting Bronchodilators Inhalers
By Application
Asthma
Chronic Obstructive Pulmonary Diseases
Others
By End User
Home Care
Hospitals and Clinics
Others
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E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
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