Overview

Smart Inhalers Market Introduction

Global Smart Inhalers Market is estimated to value over USD 1.5 billion by 2027 end and register a CAGR of over 58% during the forecast period 2020 to 2027

 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
  • 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

$3450

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What you get


  • Excel Dataset

  • Infographics

  • PDF Report

  • Market Overview

  • PowerPoint Presentation

What's included


  • Consumer Perception and Procurement

  • Competitive Analysis

  • What’s Next

  • Market Data Forecast

  • Risks and Opportunity Assessment

  • Market Trends and Dynamics