Canada Metered Dose Inhaler Market Size, Share, Trends, Analysis and Forecast 2019-2025

Canada metered dose inhaler market is anticipated to grow at a significant CAGR of around 7.0% during the forecast period. The major factors that are contributing significantly to the market growth include growing geriatric population susceptible to respiratory diseases such as asthma and COPD, and high healthcare expenditure. Asthma causes around 350 mortalities every year in the country and it is estimated that over 2 million people live in Canada with Asthma every year. Asthma rates have been increased in Canada over the last 20 years. Although, the fatality rate due to asthma has decreased slightly due to the availability of effective medications. COPD is another respiratory disorder that is the fourth most common cause of mortality in the country and particularly affects women.

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The major players of the Canada inhaler market include 3M Co., AstraZeneca PLC, Aradigm Corp., Adherium Ltd., GlaxoSmithKline PLC, Novartis AG, ResMed Corp. (Propeller Health), Teva Pharmaceuticals Industries Ltd.

Canada metered dose inhaler market is segmented based on type, application, and end-user. Based on the type, preventive, reliever, and long-acting bronchodilators inhaler are analyzed. The preventive inhaler segment led the global metered dose inhaler market in 2018. Preventive inhalers are most widely used in the treatment of asthma in children and adults. These inhalers do not entail side effects for long-term use, and exceptionally decreases the possibility of an asthma exacerbation. The preventive inhalers further reduce the airways swelling and hence, are recommended for regular use by the physician. Some of the preventive inhalers available in the market include Budesonide and Fluticasone. Moreover, based on the 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 metered dose inhalers 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.

Canada Metered Dose Inhaler Market Segmentation

Canada Metered Dose Inhaler Market by Type

• Preventive Inhaler
• Reliever Inhaler
• Long Acting Bronchodilators Inhaler

Canada Metered Dose Inhaler Market by Application

• Asthma
• Chronic Obstructive Pulmonary Disease (COPD)

Canada Metered Dose Inhaler Market by End-User

• Homecare
• Hospitals and Clinics

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