RESPIRATORY INHALERS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027
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REPORT DESCRIPTION Respiratory Inhaler Market - Overview Respiratory inhaler are used with a complementary spacer or holding chamber device in order to decrease deposition in the mouth and throat and to mitigate the need for precise synchronization of the start of inhalation with actuation of the device. Statistics: The global Respiratory Inhaler Market is estimated to account for US$ 32,921.8 Mn in terms of value and is expected to reach US$ 46,984.1 Mn by the end of 2027. Global Respiratory Inhaler Market: Drivers Increasing adoption of combination therapies such as triple combination therapy for Chronic Obstructive Pulmonary Disease (COPD) patients is expected to boost growth of the global Respiratory Inhaler Market over the forecast period. The demand for combined therapies is increasing due to associated benefits such as more reliable in complex patients, increased efficacy, and easy reimbursement policies associated with the therapy. Global Respiratory Inhaler Market: Opportunities Some devices with smart inhaler technology are capable to read environment pollution, in terms of air quality, and it may alert the patient on presence of triggers of asthma in the air. Browse Research Reports: https://www.coherentmarketinsights.com/marketinsight/respiratory-inhalers-market-227 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Global Respiratory Inhaler Market: Restraints Increasing adoption of respiratory inhaler devices has led to high demand for pulmonologist, physicians, and nurses to enable or ensure correct usage of inhalers and nebulisers and to provide adequate training to patients. However, lack of skilled pulmonologist and physicians, especially in developing regions is expected to hamper growth of the market to some extent.
Key Takeaways: The metered dose inhaler sub-segment in product type segment in the global Respiratory Inhaler Market was valued at US$ 22,360.9 Mn in 2018 and is expected to reach US$ 33,825.0 Mn by 2027 at a CAGR of 4.5% during the forecast period. Metered-dose inhaler delivers specific dose of medication in aerosol form. The metered-dose inhaler was the first marketed inhaler in 1950s and is still the most common inhaler used across the globe. Moreover, its low cost compared to other advanced inhalers such as dry powder inhaler and nebulizer, gives it a competitive advantage, especially in developing economies inducing India, China, and Brazil, where cost is one of the critical factors. The manually operated inhaler devices sub segment in the technology segment held dominant position in the global Respiratory Inhaler Market in 2018, accounting for 93.1% share in terms of value, followed by digitally operated inhaler devices. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/227 © Coherent market Insights. All Rights Reserved
REPORT DESCRIPTION Market Trends The market is witnessing increasing R&D related to proper use of inhaler device. For instance, in September 2018, researchers from University of Helsinki, Finland, reported investigation of non-verbal, demonstrational videos as a method of teaching inhaler naïve individuals how to use a dry powder inhaler (DPI). The market is also witnessing launch of devices to track usage pattern of metereddose inhalers (MDI). For instance, in November 2019, Lupin Ltd. launched a device – Adhero – to track usage pattern of metered-dose inhalers (MDI) by patients suffering from chronic respiratory diseases. Global Respiratory Inhaler Market: Competitive Landscape Major players operating in the global Respiratory Inhaler Market include, AstraZeneca plc., Beximco Pharmaceuticals Ltd., Boehringer Ingelheim GmbH, Cipla Ltd., GlaxoSmithKline plc., Koninklijke Philips N.V., Merck & Co., Inc., OMRON Healthcare Europe B.V., PARI Medical Holding, and Teva Pharmaceutical Industries Ltd.
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