North America Respiratory Inhalers Market, is Projected to Grow at a CAGR of 6.3% and is Expected to Reach US$ 11,949.4 Million by 2023

North America Respiratory Inhalers market, is projected to grow at a CAGR of 6.3% and is expected to reach US$ 11,949.4 million by 2023. In North America Respiratory Inhalers market, United States accounted for the largest market share in 2016.

Globally, North America Respiratory Inhalers market is the largest market. The North America market comprises of two main countries United States, and Canada. United States captures approximately 75% of the North American market share. Canada is the country which is expected to grow at the highest growth rate during the forecasted period of 2017 to 2023.

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U.S. accounts for the largest market share of North America respiratory inhalers market. This large share is majorly due to, tobacco smoke which is a key factor in the development and progression of COPD. Apart from this, genetic factors and respiratory infections also play a role. COPD was considered the third leading cause of death in U.S. in 2014, with almost 6.4% of Americans diagnosed with the disease. Currently most of the inhalers are sold in North America with very less contribution from other regions. Certain measures are taken by the government in U.S. such as “Tobacco Control Act” to reduce tobacco smoke to prevent children from these respiratory disorders. Moreover, the technological advancements in the inhaler devices, adoption of smart inhalers by the population and increasing demand for home health are the major factors driving the growth of the market in the North American region.

North America Respiratory Inhalers market statistical report published by Market Research future contains a brief overview of North America Respiratory Inhalers market on the basis of inhaler types, products, applications and end users in the region. By country, the market has been segmented as United States, and Canada. United States commands largest share and is expected to grow continuously during the forecasted period of 2017-2023. The report analyzed the North America Respiratory Inhalers market and present systematic data of market share on the basis of segments and countries, and its growth rate for 2014 to 2017, along with forecast till 2023.

Key Questions Answered In This Report:

What will the market size and what will the growth rate be?

What is driving this market?

What are the key market trends?

What are the challenges to market growth?

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Market Research future through this report aims to provide understanding of the North America Respiratory Inhalers market on the basis of segments & countries, and also assists identification of ongoing trends along with anticipated growth during the forecasted period. For this report, extensive primary research was conducted to gain a deeper insight of the market performance. Various industry experts and Key Opinion Leaders (KOLs) were contacted and interviewed to get an idea of North America Respiratory Inhalers market.

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