Press release
Smart Inhalers Market Internationally expected to reach $1636.1 million by 2022
The report titled “Smart Inhalers Market -Forecast to 2022″ intends to provide in-depth analysis resulting from both quantitative and qualitative analysis by Market Research Future. It includes research targeted at prospective growth opportunities alongside with present market a holistic scenarios. The report takes view of the market, imbibing the client’s point of view thereby making it a valuable guide in the quest to reap the huge market opportunities.Smart Inhalers are a part of new age digital technology which is designed to improve the disease management in the respiratory diseases. Smart Inhalers are basically the respiratory inhalers equipped with a digital sensor. The sensor tracks the data such as the dosage timing, monitors the use of the inhaler, and schedules the next dosage. Smart Inhalers can generate alerts for the daily dosage for the user using the smart devices connected to the sensors via Bluetooth. Wide variety of benefits ranging from improving medication adherence to reducing hospital admissions, which makes smart inhalers the next big thing of respiratory care segment. Globally the market for smart inhalers is increasing rapidly. Globally the market for Smart Inhalers is expected to grow at the rate of about 42.8% from 2016 to 2022.
Smart Inhalers Market Key Finding:
The Smart Inhalers Global Market and is expected to reach $1636.1 million by 2022.
Dry Powder Inhalers hold the largest share of the market.
North America holds the largest market share of 54.3% of Smart Inhalers Market and is anticipated to reach $888.4 million by the end of forecast period.
Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 55.3% during the forecast period.
Key Players for Smart Inhalers Market:
Some of the key players in this market are: Adherium, AstraZeneca, Cohero Health, GlaxoSmithKline, Gecko Health Innovations Inc., Inspiro Medical, and Propeller Health.
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Smart Inhalers Market has been segmented on the basis of type which comprises of dry powder inhaler, and metered dose inhaler. On the basis of application, market is segmented into Asthma, COPD, and others. On the basis of end user, market is segmented into hospitals & clinics, respiratory care center, and others.
Regional Analysis of Smart Inhalers Market:
Globally North America is the largest market for Smart Inhalers which is anticipated to reach $888.4 million by 2023. Europe is the second-largest market in 2016 which is valued at $57.4 million. Furthermore Asia pacific market is expected to be the fastest growing market and is projected to grow at a CAGR of 55.3% during the forecast period from 2016-2022. Smart Inhalers Market in rest of world is expected to rise after 2019.
Reports TOC:
1 Market Introduction
1.1 Definition
1.2 Scope of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.4.1 Assumptions
1.4.2 Limitations
1.5 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.1.1 Advantage over Conventional Inhalers
3.1.2 Improve Adherence
3.1.3 Technological Advancements Worldwide
3.1.4 Extensive Use of Smart Computing Devices
3.1.5 Prevalence of Respiratory Disorders
3.2 Restraints
3.2.1 High Price of Smart Inhalers
3.2.2 Limited Availability of These Products in Some Regions
3.2.3 Data Security Concern Related To Security Devices
3.2.4 Regulating Government Policies
3.3 Opportunities
3.3.1 Expansion in Developing Countries
3.3.2 Partnering With Big Pharmaceutical Giants
3.3.3 New Product, Innovative Products
4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power of Suppliers
4.1.2 Bargaining Power of Buyers
4.1.3 Threat of New Entrants
4.1.4 Threat of Substitutes
4.1.5 Intensity of Rivalry
5 Global Smart Inhalers Market, By Type
5.1 Introduction
… Toc Continued
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Inhalers Market Analysis-Growth Projections
The Inhalers Market is expected to register a CAGR of 5.3% from 2025 to 2031
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Market leaders and key company profiles
3M
Agilent Technologies
GlaxoSmithKline
Novartis
Propeller Health
Boehringer Ingelheim
BESPAK
AstraZeneca
Cohero Health
Segments Covered By Devices
Metered Dose Inhalers
Dry Powder Inhalers
Nebulizers
Nasal Inhalers
By Type
Preventive Inhalers
Reliever Inhalers
Long-Acting Bronchodilators Inhalers
By Application
Asthma
Chronic Obstructive Pulmonary Diseases
Others
By End User
Home Care
Hospitals and Clinics
Others
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