Global Asthma Spacers Market is Forecast to Reach a Value of USD 3130 Million By 2030 with a Growing CAGR of 5.19% | Infinium Global Research

Infinium Global Research, a renowned market research firm, has recently unveiled a comprehensive report on the Global Asthma Spacers Market. This report provides a detailed analysis of various segments and sub-segments within both the global and regional asthma spacers market, shedding light on short-term and long-term market trends, and the influence of drivers, restraints, and macro indicators. The global asthma spacers market was valued at USD 2116.3 Million in 2022 and is expected to reach USD 3130 Million by 2030 and grow at a CAGR of 5.19% over the forecast period.

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Asthma spacers, typically tube-shaped and made of plastic, play a crucial role in delivering corticosteroid preventer medications for both children and adults. These devices reduce the risk associated with the side effects of high-dose preventer medicine, making them an essential tool for asthma management. With the World Health Organization estimating that 235 million people suffer from asthma globally, asthma is a common chronic breathing disease characterized by wheezing, coughing, chest tightness, and shortness of breath. As the prevalence of respiratory diseases, including asthma, chronic obstructive pulmonary disease (COPD), and other obstructive lung disorders continues to grow worldwide, the market for asthma spacers is experiencing significant growth. Metered dose inhalers (MDI), nebulizers, dry powder inhalers, and drug delivery devices are widely used in asthma management. Among these, metered-dose inhalers with a spacer have proven to be an effective method for managing asthma. Manufacturers are focusing on the development of technologically advanced spacer devices, offering new opportunities in the asthma spacers market.

North America accounts for the largest share of the global asthma spacers market, followed by Europe. The growth in North America is driven by the rising prevalence of asthma, increased adoption of asthma spacers, and substantial healthcare sector expenditure. Europe is expected to witness substantial growth in the asthma spacers market due to growing awareness of the benefits of using asthma spacers with metered dose inhalers. The Asia-Pacific region is anticipated to exhibit the highest CAGR in the asthma spacers market, primarily due to a large population affected by asthma.

Leading players in the global asthma spacers market include Trudell Medical International, GlaxoSmithKline Plc., CONMED Corporation, PARI Respiratory Equipment, Inc., Koninklijke Philips N.V., Medical Developments International, AstraZeneca, and Merck & Co., Inc.

Asthma is a significant chronic disease affecting an estimated 235 million people globally. It imposes a substantial burden on health, leading to premature death and reduced quality of life. In the United States alone, about one in 12 people (approximately 25 million) has asthma, and this number appears to be on the rise. Lifestyle changes, including diet and activity, have been linked to an increase in chronic diseases. Obesity is a contributing factor to the rising prevalence of asthma. Inhaled steroids are the preferred controller medication for people with asthma, and spacers improve medication inhalation. The ease of administering aerosolized medication using metered-dose inhalers has driven the adoption of asthma spacers. The growing prevalence of asthma is anticipated to drive demand in the asthma spacers market.

Asthma is among the most significant non-communicable diseases, affecting approximately 26 million Americans with an annual cost of $56 billion. Drug inhalation is a common mode of administering medications used in asthma management and obstructive airway diseases. Pressurized metered-dose inhalers (pMDIs) have become preferred pulmonary drug delivery methods due to their cost-effectiveness. pMDIs are used in conjunction with spacers to improve treatment efficiency, making medication inhalation easier for patients.

Various devices deliver medications directly to the airways for the treatment of chronic lung diseases, including asthma and COPD. Nebulizers are particularly effective in delivering asthma medications to infants, small children, and those who have difficulty using inhalers. However, the availability of substitutes has led customers to switch to other products, impacting the growth of the asthma spacers market. To address the challenges, companies are developing smaller, more portable versions of asthma spacers to make them more user-friendly and convenient.

The global asthma spacers market is categorized into product types such as Volumatic, AeroChamber, Inspirease, and OptiChamber. Distribution channels for asthma spacers include hospital pharmacies, e-commerce, and retail pharmacies.

The report on the global asthma spacers market provides valuable insights for investors, industry players, and stakeholders, offering a comprehensive overview of the market's dynamics and growth prospects.

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Table of Content

Chapter 1. Preface

1.1. Report Description

1.2. Research Methods

1.3. Research Approaches

Chapter 2. Executive Summary

2.1. Asthma Spacers Market Highlights

2.2. Asthma Spacers Market Projection

2.3. Asthma Spacers Market Regional Highlights

Chapter 3. Global Asthma Spacers Market Overview

3.1. Introduction

3.2. Market Dynamics

3.2.1. Drivers

3.2.2. Restraints

3.2.3. Opportunities

3.3. Porter's Five Forces Analysis

3.4. IGR-Growth Matrix Analysis

3.4.1. IGR-Growth Matrix Analysis by Product Type

3.4.2. IGR-Growth Matrix Analysis by Distribution Channel

3.4.3. IGR-Growth Matrix Analysis by Region

3.5. Value Chain Analysis of Asthma Spacers Market

Chapter 4. Asthma Spacers Market Macro Indicator Analysis

Chapter 5. Global Asthma Spacers Market by Product Type

5.1. Volumatic

5.2. Aerochamber

5.3. Inspirease

5.4. Optichamber

Chapter 6. Global Asthma Spacers Market by Distribution Channel

6.1. Hospital Pharmacy

6.2. E-commerce

6.3. Retail Pharmacy

Chapter 7. Global Asthma Spacers Market by Region 2023-2030

7.1. North America

7.1.1. North America Asthma Spacers Market by Product Type

7.1.2. North America Asthma Spacers Market by Distribution Channel

7.1.3. North America Asthma Spacers Market by Country

7.2. Europe

7.2.1. Europe Asthma Spacers Market by Product Type

7.2.2. Europe Asthma Spacers Market by Distribution Channel

7.2.3. Europe Asthma Spacers Market by Country

7.3. Asia-Pacific

7.3.1. Asia-Pacific Asthma Spacers Market by Product Type

7.3.2. Asia-Pacific Asthma Spacers Market by Distribution Channel

7.3.3. Asia-Pacific Asthma Spacers Market by Country

7.4. RoW

7.4.1. RoW Asthma Spacers Market by Product Type

7.4.2. RoW Asthma Spacers Market by Distribution Channel

7.4.3. RoW Asthma Spacers Market by Sub-region

Chapter 8. Company Profiles and Competitive Landscape

8.1. Competitive Landscape in the Global Asthma Spacers Market

8.2. Companies Profiles

8.2.1. Trudell Medical International

8.2.1.1. Overview

8.2.1.2. Company Snapshot

8.2.1.3. Financial Snapshot

8.2.1.4. Product Portfolio

8.2.1.5. Recent Developments

8.2.2. GlaxoSmithKline Plc.

8.2.2.1. Overview

8.2.2.2. Company Snapshot

8.2.2.3. Financial Snapshot

8.2.2.4. Product Portfolio

8.2.2.5. Recent Developments

8.2.3. CONMED Corporation

8.2.3.1. Overview

8.2.3.2. Company Snapshot

8.2.3.3. Financial Snapshot

8.2.3.4. Product Portfolio

8.2.3.5. Recent Developments

8.2.4. PARI Respiratory Equipment, Inc.

8.2.4.1. Overview

8.2.4.2. Company Snapshot

8.2.4.3. Financial Snapshot

8.2.4.4. Product Portfolio

8.2.4.5. Recent Developments

8.2.5. Koninklijke Philips N.V.

8.2.5.1. Overview

8.2.5.2. Company Snapshot

8.2.5.3. Financial Snapshot

8.2.5.4. Product Portfolio

8.2.5.5. Recent Developments

8.2.6. Medical Developments International

8.2.6.1. Overview

8.2.6.2. Company Snapshot

8.2.6.3. Financial Snapshot

8.2.6.4. Product Portfolio

8.2.6.5. Recent Developments

8.2.7. AstraZeneca

8.2.7.1. Overview

8.2.7.2. Company Snapshot

8.2.7.3. Financial Snapshot

8.2.7.4. Product Portfolio

8.2.7.5. Recent Developments

8.2.8. Merck & Co., Inc

8.2.8.1. Overview

8.2.8.2. Company Snapshot

8.2.8.3. Financial Snapshot

8.2.8.4. Product Portfolio

8.2.8.5. Recent Developments

Chapter 9. Appendix

9.1. Primary Research Findings and Questionnaire

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of asthma spacers.

=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.

=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.

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