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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's Respiratory Inhalers Market Insights and Forecast report 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 the Respiratory Inhalers Market report:
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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.
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, On December 07, 2020 , AireHealth, an innovative digital health company received 510(k) FDA clearance for its connected nebulizer.
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The Global Respiratory Inhalers market is projected to witness significant growth owing to the rising approval and launches of various technological products in the Respiratory Inhalers market. In addition, degrading air quality and rise in air pollution, growing awareness regarding inhalers and their use to control respiratory disorders, and an increase in smoking among the population across the globe would contribute to the rise in the Respiratory Inhalers market. In addition, rising efforts by key players to raise awareness regarding the use of inhalers in 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 areas due 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 that people severely affected with COVID-19 infection may develop respiratory illness as 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 administration across 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 the Respiratory Inhalers Market Analysis
Scope of the Respiratory Inhalers Market Report
Delveinsight Analysis: The Global Respiratory Inhalers market is expected to reach USD 47.83 billion by 2026 growing at a (Compound Annual Growth Rate) CAGR of 5.38% during the forecast period from 2021 to 2026.
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Respiratory Inhalers Market Report Introduction
Respiratory Inhalers Market Executive summary
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 Global Company Share Analysis – Key 3-5 Companies
Respiratory Inhalers Market Company and Product Profiles
9.4 CHIESI Farmaceutici S.p.A.
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