Global Respiratory Inhalers Market is expected to reach by USD 7,841.3 million by 2023.
Global Respiratory Inhalers Market is expected to reach USD 33,572.9 Million by 2023 at a CAGR of 6.1% during the forecast period.
Pune, India – June 29, 2017 /MarketersMedia/ —
Introduction
Respiratory inhalers are the devices which are used to control the respiratory conditions by directly inhaling the drug into the respiratory tract. Respiratory inhalers are used to assist a patient encountering breathing problems resulting from respiratory disorders such as fibrosis, asthma, COPD and ARDS and others.
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Globally, On the basis of application, COPD will be the fastest growing application segment growing at a CAGR of 6.5% from 2017 to 2023, as the number of COPD patients is on the rise and patients need a concrete treatment method to counter the disease. Moreover, many awareness programs and campaigns have been started in the last few years in the developing regions such as Asia-Pacific and Middle East & Africa.
Key Findings
1) Metered Dose Inhalers will be the fastest growing product segment growing at a CAGR of 6.5% from 2017 to 2023
2) COPD will be the fastest growing Application segment growing at a CAGR of 6.5% from 2017 to 2023
3) North America held the largest market share of 35.1% in 2016, while Asia-Pacific is expected to register fastest growth of 6.7% CAGR during the forecast period.
4) Asia-Pacific market is expected to reach by USD 7,841.3 million by 2023.
Key Players for Global Respiratory Inhalers Market:
The leading market players in the global respiratory inhalers market include Adherium Limited, AstraZeneca PLC, Boehringer Ingelheim GmbH, Chiesi Farmaceutici S.p.A., GlaxoSmithKline PLC, Propeller Health, and Teva Pharmaceutical Industries Ltd.
Target Audience
1) Medical devices manufacturers
2) Medical devices distributors
3) Pharmaceutical companies
4) Hospitals & Clinics
5) Potential investors
6) Key executive (CEO and COO) and strategy growth manager
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Release ID: 212626
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