Smart Inhalers Market Investment Feasibility, Share, Demand and Forecast to 2025

Posted by rahul kumar on August 23rd, 2019

Market Trends:

Global Smart Inhalers Market Is anticipated to reach USD 1.63 billion with expanding CAGR of 42% Till 2022.  Asthma ranks third in the list of causes for hospitalization among children. The disease is witnessing an exponentially increasing burden. According to the World Health Organization (WHO), 235 million presently have asthma. It is a respiratory disease characterized by breathlessness. The spiraling number of patients have intensified the need for digital transformation in inhaler technology.

Other diseases such as COPD are also anticipated to fuel the demand for smart inhalers in the years to come. The problems of air pollution are projected to intensify the burden of respiratory diseases. Thus, the market players are focusing on leveraging developments in the sensor technology for capitalizing on the growing patient population. Furthermore, the demand for effective diagnostics is also projected to catapult the smart inhalers market on upward trajectory.

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Smart Inhalers Market Segmentation:

Global Smart Inhalers Market has been segmented by type, application and end user

By type, the Global Market has been segmented into dry powder inhaler and metered dose inhaler.

Based on application, the market has been segmented into Asthma, COPD, and others.

Based on end user, the global is segmented into respiratory care center, hospitals & clinics, and others.

Smart Inhalers Market Regional Analysis:

By region, the Global Smart Inhalers Market has been segmented into North America, Asia Pacific, Europe, and the Rest of the World (RoW). North America is anticipated to account for the dominant share of the market and scale valuation of USD 888.4 Mn by 2022. Europe, on the other hand, stands at the second spot and was valued at USD 57.4 Mn in 2016.

Asia Pacific is anticipated to strike a CAGR of 55.3% across the assessment period. It is likely to become the fastest growing regional segment in the forthcoming years. The smart inhalers market in the Rest of the World (RoW) is projected to expand at moderate CAGR during the forecast period.

Smart Inhalers Market Competitive Dashboard:

The Top key players operating in the Global Smart Inhalers Market and profiled in this MRFR report are

  • Inspiro Medical
  • Gecko Health Innovations Inc.
  • Propeller Health
  • Adherium
  • Cohero Health
  • AstraZeneca
  • GlaxoSmithKline

Industry News:

In December 2018

Teva Pharmaceutical Industries Ltd., a pharmaceutical company, received the U.S. Food and Drug Administration (FDA) approval for ProAir Digihaler inhalation powder, the first smart inhaler with built-in sensors connected to a mobile application.

In July 2018

Adherium, a global leader in digital health technologies, has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for over the counter sales of its smart inhaler, Hailie sensor.

Table of Content:

  • Report Prologue
  • Market Introduction
  • Research Methodology
  • Drivers
  • Restraints
  • Opportunities
  • Macroeconomic Indicators
  • Trends & Assessment
  • Market Factor Analysis
  • Porter’s Five Forces Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Buyers
  • Threat of New Entrants
  • Threat of Substitutes
  • Intensity of Rivalry
  • Value Chain Analysis
  • Investment Opportunities
  • Global Smart Inhalers Market, by Type
  • Global Smart Inhalers Market, by Application
  • Global Smart Inhalers Market, by End User
  • Global Smart Inhalers Market, by Region
  • Company Landscape
  • Company Profiles
  • MRFR Conclusion
  • Appendix
  • List of Tables
  • List of Figures

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rahul kumar

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rahul kumar
Joined: May 31st, 2019
Articles Posted: 88

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