The Respiratory Inhalers market is anticipated to surge due to various factors such as the escalating burden of various respiratory disorders such as asthma attacks, COPD, among others, and the growing adoption of digital technologies by the leading pharmaceutical giants to provide better solutions for the management of respiratory disorders are some of the factors expected to impel the global Respiratory Inhalers market in the forthcoming years.
LAS VEGAS, March 17, 2022 /PRNewswire/ -- DelveInsight'sRespiratory Inhalers Market Insights and Forecastreport provides the current and forecast Respiratory Inhalers Market, upcoming innovation in the devices, individual market shares, challenges, drivers and barriers, market trends, and key competitors in the Respiratory Inhalers Market.
Some of the salient features from theRespiratory Inhalers Marketreport:
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Respiratory Inhalers Overview
Respiratory Inhalers are portable devices used to deliver medications for obstructive airway diseases such as Chronic Obstructive Pulmonology Disorders (COPD), asthma, among others into the airways. Inhaled pharmacologic therapies are the cornerstone of treatment and prevention for patients suffering from asthma and COPD. The inhalers provide the benefit of avoiding the systemic exposure of drugs and are delivered topically into the airways leading to local efficacy within the lungs in comparison to oral or parenteral formulations. Generally, respiratory inhalers are of four types: pressurized metered-dose inhalers (pMDIs), dry powder inhalers (DPIs), slow mist inhalers (SMIs), and nebulizers.
Respiratory Inhalers Market Insight
Among all the regions, North America is expected to occupy a major share in the overall Respiratory Inhalers market during the forthcoming years. This domination is owing to the increasing prevalence of COPD in the region. Additionally, increase in adoption of technologically advanced Respiratory Inhalers, growing product launches associated with inhalers in the region, presence of well-established healthcare facilities, and rising government initiatives to raise awareness regarding respiratory disorders and their proper management in the region, as well as the presence of key Respiratory Inhalers companies are expected to escalate the Respiratory Inhalers market.
For instance, OnDecember 07, 2020, AireHealth,an innovative digital health company received 510(k) FDA clearance for its connected nebulizer.
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Respiratory Inhalers Market Dynamics
The Global Respiratory Inhalers market is projected to witness significant growth owing to therising approvalandlaunches of various technological productsin the Respiratory Inhalers market. In addition,degrading air qualityandrise in air pollution,growing awareness regarding inhalersand their use to control respiratory disorders, and anincrease in smoking among the population across the globewould contribute to the rise in the Respiratory Inhalers market. In addition,rising efforts by key playerstoraise awareness regarding the use of inhalersin controlling various obstructive airway diseases are also expected to rise the adoption of Respiratory Inhalers among the patient population thereby bolstering the Respiratory Inhalers market during the forecasted period. Moreover,decreasing air quality in industrialized areasdue to increasing air pollution is also a key factor propelling the Respiratory Inhalers market.
The COVID-19 pandemic had a limited effect on the Respiratory Inhalers market. During the initial phase of the pandemic due to the implementation of stringent nationwide lockdown, various healthcare facilities were disrupted. However, it is estimated thatpeople severely affected with COVID-19 infection may develop respiratory illnessas an after effect which will surge the demand for Respiratory Inhalers among the COVID recovering patients. Also, various clinical trials are ongoing at present to study the efficacy of asthma inhalers on COVID-19 patients. Furthermore, the launch of vaccines and their administrationacross the globe will normalize the Respiratory Inhalers market situation in the post-pandemic situation.
To gain a better understanding of the COVID-19 impact on Respiratory Inhalers, get a snapshot of theRespiratory Inhalers Market Analysis
Scope of theRespiratory Inhalers Market Report
Delveinsight Analysis:The Global Respiratory Inhalers market is expected to reachUSD 47.83 billionby 2026 growing at a(Compound Annual Growth Rate) CAGR of 5.38%during the forecast period from 2021 to 2026.
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Table of Contents
Respiratory Inhalers Market Report Introduction
Respiratory Inhalers Market Executive summary
Regulatory and Patent Analysis
Respiratory Inhalers Market Key Factors Analysis
Respiratory Inhalers Market Porter's Five Forces Analysis
COVID-19 Impact Analysis on Respiratory Inhalers Market
Respiratory Inhalers Market Layout
Respiratory Inhalers Market Global Company Share Analysis – Key 3-5 Companies
Respiratory Inhalers Market Company and Product Profiles
9.1 Novartis AG
9.3 GlaxoSmithKline plc
9.4 CHIESI Farmaceutici S.p.A.
9.6 Zydus Cadila
9.7 Teva Pharmaceutical Industries Ltd.
9.9 Koninklijke Philips N.V.
9.10 PARI GmbH
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