Overview

Smart Inhalers Market Introduction

The smart inhalers market is growth can be attributed to technological advancements in developing better smart inhaler systems and devices and an increased incidence of people suffering from chronic obstructive pulmonary diseases and asthma. Moreover, untapped market potential in developing economies with a dearth of healthcare amenities and an ever-increasing population is projected to provide profitable opportunities for themarket trends.

Nonetheless, higher smart inhaler development costs for COPD and asthma is projected to impede the market growth, due to its unaffordability in the developing economies when compared to the regular inhalers.

Based on the type of indication, the asthma segment accounts for the largest market share, due to the rise in the incidences of people suffering from respiratory diseases such as asthma, bronchitis and other diseases. COPD is projected to be the market segment with the fastest growth rate over the forecast period that would primarily affect the market growth, the high CAGR rate can be credited to increased adoption of smart inhalers and a rise in the incidence of COPD in the population globally for better treatment of the respiratory diseases. Furthermore, the factors attributing to the adoption of smart inhalers over regular inhalers provide better adherence to the monitoring and medication of the utilization of dose per intake.

Key market players include Adherium Ltd., AstraZeneca PLC, Boehringer Ingelheim Group, Cohero Health Inc., GlaxoSmithKline plc, Novartis International AG, OPKO Health Inc. ResMed Inc. (Propeller Health), Teva Pharmaceutical Industries Ltd., Vectura Group plc.

Smart Inhalers Market Segmentation:

By Product

Inhalers
Dry Powder Inhalers
Metered Dose Inhalers
Nebulizers

By Indication

Asthma
COPD

By Distribution Channel

Hospital Pharmacies
Retail Pharmacies
Online Pharmacies

By Region

North America
Europe
Asia Pacific
Latin America
Middle East & Africa

FutureWise Key Takeaways:

Growth Prospects
SWOT Analysis
Key Trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global smart inhalers market by product, by indication, by distribution channel and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
Evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financial and core competencies

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