Asia-Pacific Inhaler Market Growth, Analysis, Trends and Forecast 2019-2025

Asia-Pacific inhaler market is anticipated to grow at a substantial rate of 4.1% during the forecast period. Major factors that augments the growth of the market include large population base susceptible to asthma and COPD, rising awareness about treatment for asthma and COPD, and significant presence of market players in the region. Asia-Pacific has a potential market due to the increasing R&D and investments by big pharmaceutical companies in life science research coupled with harnessing innovation. The inhaler market in Asia-Pacific region presents future opportunities for growth as prevalence of respiratory diseases such as asthma, COPD in emerging economies such as India and China. In addition, increasing geriatric population specially in Japan is another major reason for growing market.

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The major players of the Asia-Pacific inhaler market include 3M Co., AstraZeneca PLC, Aradigm Corp., Adherium Ltd., GlaxoSmithKline PLC, Novartis AG, Propeller Health, Teva Pharmaceuticals Industries Ltd.

The Asia-Pacific inhaler market is segmented on the basis of device, type, application, and end-user. On the basis of device, the market is sub-segmented into metered dosed inhaler, dry powdered inhaler, and nebulizer. The dry powder inhaler is estimated to have largest market share in the Asia-Pacific inhaler market due to providing easy inhalation solution. Based on the type, preventive, reliever, and long acting bronchodilators inhaler are analyzed. Moreover, on the basis of application, the market has been classified into asthma and COPD diseases. In addition, based on the end-user, homecare and hospitals and clinics have been analyzed.

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Furthermore, the market is characterized by the presence of several manufacturers that are developing and providing inhaler to cater to a wide range of customers within the region and across the globe. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players. For instance, in May 2018, the company established a partnership with MannKind for marketing and distributing Afrezza. It is the only US FDA approved inhaled insulin available for patients suffering from diabetes. In addition, the company in February 2018, has entered into a partnership with Roche Pharma India for healthcare improvement and increasing access of life-changing medicines in India.

Asia-Pacific Inhaler Market Segmentation

Asia-Pacific Inhaler Market by Device

• Metered Dose Inhaler
• Dry Powder Inhaler
• Nebulizer

Asia-Pacific Inhaler Market by Type

• Preventive Inhaler
• Reliever Inhaler
• Long Acting Bronchodilators Inhaler

Asia-Pacific Inhaler Market by Application

• Asthma
• Chronic Obstructive Pulmonary Disease (COPD)

Asia-Pacific Inhaler Market by End-User

• Homecare
• Hospitals and Clinics

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