Smart Inhalers Market - Real Time Analysis & Forecast 2017 - 2025
Smart inhalers are increasingly becoming the preferred course of managing and treating respiratory diseases. An increasing number of companies are implementing digital technologies in their products to provide an enhanced way of managing asthma and chronic obstructive pulmonary disease (COPD), as well as improving the effectiveness of medication. A number of products are already available in the market and several new products are expected to receive approvals and hit the global market in the next few years.
The company Propeller Health (Madison, Wisc) has made inroads in the smart inhalers market through a new FDA-approved mobile platform that monitors and measures when patients take their medicines. The Propeller smart inhaler system includes sensors that are attached to an asthma inhaler, mobile applications, and an analytical system to help patients keep a track of their medication use. AstraZeneca has collaborated with the New Zealand-based company Adherium Limited that manufactures a line of medical devices named Smartinhaler. The Adherium products help the patient track the use of the prescribed medicine and provides audio and visual alerts to remind the patient about a missed dose.
Request Sample Copy of the Report @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=1241
Several other companies, including Gecko Health Innovations, Cohero Health, and Opko Health, are working on smart inhalers and the market is soon expected to become competitive in terms of product features and reliability. Looking at the high rate of prevalence of respiratory diseases among the world population and the constant rise in air pollution in developing economies, the demand for smart inhalers is expected to see an upward trend in the next few years.
Global Smart Inhalers Market: Overview
Smart inhalers refer to the futuristic devices that enable the easy tracking of the consumption amount/volume of medicines prescribed to asthma or chronic obstructive pulmonary disease (COPD) patients through inherent sensors or normal inhalers or nebulizers with clip-on sensors attached externally. Smart inhalers are garnering increased prominence across the globe owing to their many potential benefits over conventional devices, chiefly in terms of tracking drug intake with the help of digital data gathered from the sensor and alerting patients through timely notifications.
This report on the global smart inhalers market presents a detailed overview of the market’s present state of growth dynamics and includes several predictions regarding its scope of growth over the period between 2017 and 2025. The report segments the market on the basis of a number of criteria to give an expansive account of top areas of investment offered by the market. A geography-based analysis of the market is also presented to allow the reader a clear understanding of the most profitable regional markets.
Request TOC of the Report @ https://www.tmrresearch.com/sample/sample?flag=T&rep_id=1241
The report presents a detailed analysis of the key factors expected to have a significant influence on the overall growth prospects of the market in the future years, including growth drivers, restraints, challenges, trends, and opportunities. Forward-looking statements presented in the study are backed with vast qualitative and quantitative details about the market and its key segments.
Global Smart Inhalers Market: Drivers and Restraints
For asthma and COPD patients, inhalation is considered the most effective route of delivering medications in the fastest possible time to the respiratory system. Thus, asthma and COPD patients are prescribed with medications that can be delivered through specialized devices called inhalers. In order to mitigate the possibility of undergoing medical complications due to missed dose for an indication, smart inhalers have been devised.
These connectible devices alert patients about forgotten or missed dosages through notifications on a device connected with the smart inhaler, such as a mobile computing device. Rising awareness about this novel approach in the management of asthma and COPD is expected to be the key factor driving the global smart inhalers market in the next few years. The market for smart inhalers is also expected to be driven due to the rising incidences of respiratory disorders such as COPD and asthma, chiefly owing to rising levels of air pollution and the continuously rising number of smokers across the globe.
Get Discount @ https://www.tmrresearch.com/sample/sample?flag=D&rep_id=1241
However, factors such as the high cost of treatment of asthma and COPD, the non-availability of many product varieties, and limited availability of products across several regional markets are expected to hinder the overall growth prospects of the market to a certain extent. General data security concerns associated with connected devices is also expected to limit the adoption of smart inhalers to a certain extent.
Global Smart Inhalers Market: Regional and Competitive Dynamics
The global smart inhalers market is presently dominated by North America, which accounted for a dominant share in terms of revenue contribution to the global market in 2016. A significant rise in the patient-base of COPD and asthma, encouraging government initiatives, and high acceptance of innovative and advanced technology allow North America to take the lead in the global market. The extensive use of smart computing devices has also enabled the North America smart inhalers market to become an early adopter of smart inhalers. In the next few years, Asia Pacific is expected to emerge as one of the key regional markets for smart inhalers owing to a rising population of affluent patients, increasing expenditure on healthcare, and rising prevalence of respiratory disorders.
Some of the leading companies operating in the global smart inhaler market are Adherium, Teva Pharmaceutical Industries Ltd., Propeller Health, AstraZeneca plc, Boehringer Ingelheim GmbH, Adherium Limited, Vectura Group plc, Cohero Health, LLC, GlaxoSmithKline plc, Novartis AG, OPKO Health, Inc., and Propeller Health.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Inhalers Market - Real Time Analysis & Forecast 2017 - 2025 here
News-ID: 916285 • Views: 260
More Releases from TMR Research
Small Molecule Innovator CDMO Market Revenue, Growth Opportunities and Dynamic B …
Small Molecule Innovator CDMO Market - Overview The global small molecule innovator CDMO market is anticipated to expand at a promising rate from 2021 to 2031 (forecast period). Small molecules are still crucial in the development of novel medicines all around the world. Small molecule applications account for more than half of specialty sales, which is propelling the global pharmaceutical business, particularly in developed countries. GET A BROCHURE OF THE REPORT @
4K TV Market Industry Statistics, Overview, Trends and Forecast 2031
4K TV Market - Overview The rapidly growing smart entertainment technologies such as HD steaming has propelled the need for better television sets supporting and enhancing high resolution. 4K televisions can display 4096 x 2160 pixel resolution and has a wide variety of types as per their resolution levels, depending on the display resolution. GET A BROCHURE OF THE REPORT @ https://www.tmrresearch.com/sample/sample?flag=B&rep_id=8086 4K TVs are upgraded versions of Ultra high definition or full
Boxboard Packaging Market Analysis Trends, Growth Opportunities, Size, Type, Dyn …
Boxboard Packaging Market - Overview The growing demand for cardboard containers and boxes are considered prime factors augmenting the growth of the global boxboard packaging market. Boxboard or cardboard or corrugated cardboard is made of paper pulp and is specially engineered to work together and protect goods for storage and transportation purposes. Boxboard packaging is renewable and reusable and helps to save a lot of energy as it is environment-friendly. Such
Physiological Saline Market Analysis Key Trends and Size (Value and Volume) by 2 …
Physiological Saline Market - Overview The rising prevalence of various cancer types is a prime factor augmenting the growth of the global physiological saline market. It is a blend of compound constituents including sodium chloride and water. Saline has a place with the crystalloid group of drugs. Physiological saline has various purposes in medicine. It may be applied to the impacted piece of the skin for cleaning wounds, and skin scraped
More Releases for Smart
Heidelberg, May 28, 2019 – The dental group Young Innovations presents new products that increase efficiency and safety in the practice: The high-quality Galaxie Cassettes simplify the cleaning, sterilization and classification of hand instruments. A stable case made of electropolished stainless steel protects the equipment, the unique design reduces the contact points. A laser-cut pattern maximizes water through flow and increases efficiency in the RDG / thermal disinfector. Smooth rounded corners
A smart mirror is an ordinary mirror with additional features and functionalities, incorporating capabilities that are otherwise done manually or in some computing system other than the mirror. For instance, a mirror that can connect to a smartphone or the internet and offer some measure of user comfort. The computing features in smart mirrors enable them to connect to the Internet and smartphones, categorizing them as connected devices. Connected devices
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry. “The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to
Smart Watch: Purchase Drivers
ReportsWorldwide has announced the addition of a new report title Smart Watch: Purchase Drivers to its growing collection of premium market research reports. This ‘360 View Update’ assesses the current state of the smart watch market. It quantifies how consumers purchase, use, and think about both smart watches and traditional watches. Findings help smart watch manufacturers, traditional watch manufacturers, and app developers refine their business strategies at this pivotal time in
Smart Kitchen Appliances Market ( Smart Refrigerators, Smart Dishwashers, Smart …
The rising demand for smart kitchen appliances is linked to their premium design that offers better effectiveness and more comfort than their traditional counterparts. With energy efficiency at its core, the global market for smart kitchen appliances is expected to surge at a robust pace in the near future.In a report titled “Smart Kitchen Appliances Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022,” Transparency
By 2050, the world's population is expected to reach nine billion, with over two thirds of people living in cities. On Tuesday, December 9, ICT and sustainability experts will convene at the German Center for Research and Innovation (GCRI) in New York to discuss future solutions for urban systems. NEW YORK (December 3, 2014) – Urbanization, globalization, demographic and climate change are continually placing higher demands on our cities. How will