Press release
COPD and Asthma Devices Market Worth Observing Growth: Aerogen, AstraZeneca, Baxter International
COPD and Asthma Devices Market
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Summary
Global COPD and Asthma Devices Market is valued approximately at USD 36.9 billion in 2019 and is anticipated to grow with a growth rate of more than 4.3% over the forecast period 2020-2027. Chronic obstructive pulmonary disease (COPD) and asthma devices are permanent treatment or rescue therapy for respiratory diseases. The COPD and asthma are the respiratory diseases that cause difficulty in breathing and a blockage in the airways of the lungs because of the inflammation, mucus production, and tightening of muscles. The daily exposure to environmental pollution, portability of the drug delivery devices, rising population of active smokers and increasing government initiatives for COPD and Asthma Devices are the few factors responsible for growth of the market over the forecast period. For instance: according to the Forum of International Respiratory Societies (FIRS), around 384 million people suffer from chronic obstructive pulmonary disease (COPD) and 3 million die from it each year, thus making it the third leading cause of death worldwide. Moreover, increase in prevalence of respiratory diseases such as COPD, asthma, and emphysema, rise in need for rescue medication during sudden asthmatic attack and government initiatives towards the spread of awareness for COPD and asthma symptoms will create a lucrative demand for this market. Whereas, increase in price competition and deterioration of material quality and overall high cost of asthma treatment is a challenge for the patients is the major factor restraining the growth of global COPD and Asthma Devices market during the forecast period.
The regional analysis of global COPD and Asthma Devices market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world owing to the widespread and early adoption of inhalers & nebulizers and large pool of patients suffering from respiratory diseases. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Aerogen, Inc., AstraZeneca PLC, Baxter International Inc., Boehringer Ingelheim International GmbH, 3M COMPANY, GF Health Products, GlaxoSmithKline Plc, Koninklijke Philips N.V., Novartis AG, PARI medical Holding GMBH, Smith’s Group Plc.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
by Product Type: Inhalers, Nebulizers
by Indication: Asthma, Chronic Obstructive Pulmonary Disease (COPD)
By Distribution Channel: Retail Pharmacies, Hospitals, Online Pharmacies
By Region:
North America (United States, Canada, Mexico)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, Australia, China Taiwan, Rest of Asia-Pacific)
Europe (Germany, UK, France, Italy, Russia, Spain, Benelux, Rest of Europe)
South America (Brazil, Argentina, Colombia, Chile, Rest of South America)
Middle East & Africa (Saudi Arabia, Turkey, Egypt, South Africa, Rest of Middle East & Africa)
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global COPD and Asthma Devices Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
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Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global COPD and Asthma Devices Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global COPD and Asthma Devices Market Dynamics
3.1. COPD and Asthma Devices Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global COPD and Asthma Devices Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global COPD and Asthma Devices Market, by Product Type
5.1. Market Snapshot
5.2. Global COPD and Asthma Devices Market by Product Type, Performance - Potential Analysis
5.3. Global COPD and Asthma Devices Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
5.4. COPD and Asthma Devices Market, Sub Segment Analysis
Chapter 6. Global COPD and Asthma Devices Market, by Indication
6.1. Market Snapshot
6.2. Global COPD and Asthma Devices Market by Indication, Performance - Potential Analysis
6.3. Global COPD and Asthma Devices Market Estimates & Forecasts by Indication 2017-2027 (USD Billion)
6.4. COPD and Asthma Devices Market, Sub Segment Analysis
Chapter 7. Global COPD and Asthma Devices Market, by Distribution Channel
7.1. Market Snapshot
7.2. Global COPD and Asthma Devices Market by Distribution Channel, Performance - Potential Analysis
7.3. Global COPD and Asthma Devices Market Estimates & Forecasts by Distribution Channel 2017-2027 (USD Billion)
7.4. COPD and Asthma Devices Market, Sub Segment Analysis
Chapter 8. Global COPD and Asthma Devices Market, Regional Analysis
8.1. COPD and Asthma Devices Market, Regional Market Snapshot
8.2. North America COPD and Asthma Devices Market
8.3. Europe COPD and Asthma D
....Continued
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HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
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