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Exclusive Report on Global Inhaled Nitric Oxide Industry: Post-COVID Growth Opportunity Analysis, Key Players |Air Liquide S.A, Bellerophon Therapeutics, and BOC Healthcare.
The global Inhaled Nitric Oxide market size was valued at $707.4 Million in 2020 and is expected to reach $1.46 Billion by 2028 growing at the CAGR of 9.25% from 2021 to 2028.The market is driven by infection factors such as respiratory failure in infants (prevalence of primary pulmonary hypertension, persistent pulmonary hypertension / hypoxic pulmonary / neonatal circulation), deterioration in lung function (COPD), autoimmune disease, trauma, and other diseases. Growth in the number of patients with acute lung injury, airway inflammation (ARDS) also strengthens market growth.
However, high cost of treatment and strict regulations for some applications act as fundamental barriers to the development of the global market.
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Key Players
Some of the major Inhaled Nitric Oxide players holding high market share include Air Liquide S.A, Bellerophon Therapeutics, and BOC Healthcare. These players use acquisition and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
● Air Liquide S.A
● Bellerophon Therapeutics
● BOC Healthcare
● Beyond Air
● Halma Plc
● Linde Plc
● Mallinckrodt plc
● Novoteris LLC
● Nu-Med plus
● VERO Biotech LLC
The recently published research report on Global Inhaled Nitric Oxide Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.
The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Inhaled Nitric Oxide market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.
The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.
In terms of COVID 19 impact, the Inhaled Nitric Oxide market report also includes the following data points:
● COVID19 Impact on Inhaled Nitric Oxide market size
● End-User/Industry/Application Trend, and Preferences
● Government Policies/Regulatory Framework
● Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
● Opportunity in Inhaled Nitric Oxide market
Segmental Analysis
Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Inhaled Nitric Oxide Market:
o Neonatal Respiratory Treatment
o Chronic Obstructive Pulmonary Diseases
o Acute Respiratory Distress Syndrome
o Others
Market Segment By Application with the focus on market share, consumption trend, and growth rate of Inhaled Nitric Oxide Market:
o Delivery Systems
o Gas
For more information: https://evolvebi.com/product/inhaled-nitric-oxide-market-analysis-and-global-forecast-2021-2028-with-covid-impact-analysis/
Key Region/ Countries Covered
● North America (US, Canada, Mexico)
● Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
● Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
● Rest of the World (the Middle East & Africa and South America)
Asia-Pacific is a growing market for respiratory therapy and also the top destination for patients want to get proper and affordable respiratorycare and therapies & equipment especially with nations like India and China having millions of people suffering from chronic obstructive pulmonary disease (COPD).
The competitive market has emerged because of technological advancements in respiratory therapy equipments such as continuous positive airway pressure device (CPAP) along with the development of nitric oxide system used to treat any kind of lung disease related problems such as neonatal jaundice, persistent pulmonary hypertension of the newborn (PPHN), ventilation support used in cases or condition where there was hypoxic selective or sustained hypoxia resulting from circulatory insufficiency.
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging the pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool – EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from fortune’s global 2000 companies.
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