Pulmonary Drug Delivery Systems Market Size & Share, by Product (Metered Dose Inhalers, Dry Powder Inhalers, Nebulizers, Accessories), Application (Asthma, Cystic Fibrosis, COPD, Allergic Rhinitis), Distribution Channel (Retail Pharmacies, Hospital Pharmacies, E-Commerce) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2025-2037

  • Report ID: 4410
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2025-2037

Pulmonary Drug Delivery Systems Market size was over USD 60.56 billion in 2024 and is set to reach USD 140.32 billion by the end of 2037, growing at around 6.8% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of pulmonary drug delivery systems is assessed at USD 63.81 billion.The growth of the market can be attributed to the surge in cases of asthma worldwide, coupled with increasing instances of pulmonary disorders, and growing funding from government and private organizations for better therapy management across the globe. People are now becoming more aware of these diseases and disorders, which is further expected to fuel the market over the forecast period. According to the World Health Organization, an estimated 262 million people suffered from asthma around the world in 2019 and it caused 455 000 deaths.

Global pulmonary drug delivery systems market trends such as, technological advancements in the pharmaceutical industry, increasing consumption of tobacco and smoking, backed by exposure to air pollution, along with development in drug delivery systems owing to growing health care spending are anticipated to fuel market growth during the forecast period. For instance, in February 2022, AptarGroup, Inc. launched HeroTracker Sense, a smart connected respiratory health device, that transforms a standard metered dose inhaler (pMDI) into a digital respiratory health tool. Hence, all these factors are anticipated to boost the market’s growth over the forecast period.


Pulmonary Drug Delivery Systems Market
Get more information on this report: Request Free Sample PDF

Pulmonary Drug Delivery Systems Sector: Growth Drivers and Challenges

Growth Drivers

  • Rising Prevalence of Chronic Respiratory Diseases as Air Pollution is Increasing - For instance, in 2019 chronic respiratory diseases accounted for more than 260,400 deaths in men and nearly 250,700 deaths in women in the United States. Chronic respiratory diseases such as obstructive pulmonary disease (COPD) and asthma are commonly treated with pulmonary devices that deliver medication to the respiratory tract, such as inhalers. These medications are used to prevent exacerbations of chronic conditions and to treat them. Thus, the rising prevalence of respiratory diseases is anticipated to propel the demand for pulmonary drug delivery devices during the forecast period.
  • Increase in the Number of Hospitals and Diagnostic Centers with Growing Awareness of People about Early Diagnosis - In the year 2021-22, Foreign Direct Investment (FDI) fund infusion into hospitals and diagnostic centers in India increased by 37% to USD 690 million.
  • Continuous Rise in COVID – 19 Cases Worldwide that Affected the Lungs of the People - For instance, the United States averaged nearly 30,000 new cases of COVID-19 every day in April 2022, 2% more than in previous weeks.
  • Increasing Air Pollutants Owing to Rising Industrialization and Urbanization - World Health Organization (WHO) statistics show that in 2018, 9 out of 10 people worldwide inhaled polluted air. There are about 7 million deaths each year from chronic obstructive pulmonary diseases caused by exposure to fine particles in polluted air across the globe.
  • Rise in Exports of Medical Appliances with Increasing Improvement and Advancements in Healthcare Sector - According to the statistics by the International Trade Center (Trademap), the global value of exports of medical appliances in the year 2021 was recorded to be USD 14,170,931 thousand, which was an increase from USD 12,754,842 thousand in the previous year.

Challenges

  • Presence of Alternative Drug Delivery Systems
  • Strict Government Regulations of Product Approval
  • Side Effects Related to Long Term Use of the Product- The change in humidity, airway geometry, mucociliary clearance, and alveolar macrophages are playing a major role in alterations of the devices and are the barriers to the effective functioning of the medications. The active principle of thermosensitive inhaled drugs can change owing to the temperature of the surrounding climate. Hence, it can restrain the pulmonary drug delivery systems market growth.

Pulmonary Drug Delivery Devices Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

6.8%

Base Year Market Size (2024)

USD 60.56 billion

Forecast Year Market Size (2037)

USD 140.32 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
Get more information on this report: Request Free Sample PDF

Pulmonary Drug Delivery Systems Segmentation

Application (Asthma, Cystic Fibrosis, COPD, Allergic Rhinitis)

The global pulmonary drug delivery systems market is segmented and analyzed for demand and supply by application into asthma, cystic fibrosis, COPD, allergic rhinitis, and others. Out of these segments, the COPD segment is estimated to gain the largest market share over the projected time frame. The growth of the segment can be attributed to the higher prevalence and severity of this disease, backed by the fact that the treatment for COPD is subsidized by government policies and non-governmental organizations that are increasingly providing COPD treatment worldwide. Chronic obstructive pulmonary disease (COPD) can be life-threatening that requires immediate medical attention. For instance, COPD prevalence worldwide was 10% in 2019, accounting for 390 million cases among people over 40 years. Therefore, these factors are anticipated to drive segment growth during the forecast period.

Product (Metered Dose Inhalers, Dry Powder Inhalers, Nebulizers, Accessories)

The global pulmonary drug delivery systems market is also segmented and analyzed for demand and supply by product into metered dose inhalers, dry powder inhalers, nebulizers, and accessories. Amongst these segments, the nebulizers segment is expected to garner a significant share. Nebulizers are highly used for the treatment of asthma and other respiratory diseases. Nebulizers come in two types, ultrasonic and jet nebulizers. Jet nebulizers can compress air and oxygen passing by narrow orifice. Additionally, nebulizers are the traditional method to cure respiratory diseases, hence, people are more inclined to use nebulizers over other methods. Furthermore, high export and import volumes of nebulizers across the globe are also expected to propel the growth of the segment over the forecast period.

Our in-depth analysis of the global market includes the following segments:

                       By Product

  • Metered Dose Inhalers
  • Dry Powder Inhalers
  • Nebulizers
  • Accessories

                        By Application

  • Asthma
  • Cystic Fibrosis
  • COPD
  • Allergic Rhinitis
  • Others

                      By Distribution Channel

  • Retail Pharmacies
  • Hospital Pharmacies
  • E-Commerce

Want to customize this research report as per your requirements? Our research team will cover the information you require to help you take effective business decisions.

Customize this Report

Pulmonary Drug Delivery Systems Industry - Regional Synopsis

The North America pulmonary drug delivery systems market is projected to hold the largest market share by the end of 2037. The growth of the market can be attributed majorly to the increasing prevalence of lung diseases such as COPD, chronic bronchitis, and asthma in the region owing to heavy consumption of tobacco, cigarettes, exposure to air pollutants, genetic factors, and others. It was observed that in 2018, there were 8.9 million adults in the United States who experienced chronic bronchitis, or 3.5% of those over the age of 18 years. A surge in the air pollution and exposure to air pollutants in the region that results in a higher number of respiratory diseases in the population is estimated to expand the market’s size during the forecast period. As of 2021, nearly 65 million tons of pollution were estimated to be mixed in the atmosphere in the USA. Additionally, more than 62% of the Americans were noticed to be living in high air polluted areas at unhealthy levels making people sick. Furthermore, increasing healthcare spending, rising disposable income, the presence of major key players, changes in lifestyle, and growing demand for COPD therapeutics are factors anticipated to fuel the pulmonary drug delivery systems market growth in the region during the forecast period.

Research Nester
Pulmonary Drug Delivery Systems Market Size
Get more information on this report: Request Free Sample PDF

Companies Dominating the Pulmonary Drug Delivery Systems Landscape

    • Novartis AG
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Lupin Limited
    • Briggs Healthcare, Inc.
    • Boehringer Ingelheim International GmbH
    • Koninklijke Philips N.V.
    • Merck & Co., Inc.
    • 3M Company
    • AstraZeneca PLC
    • GSK plc
    • GF Health Products, Inc.

In the News

  • Novartis AG reported that a new treatment option for Japanese patients was approved by the Ministry of Health, Labour, and Welfare (MHLW). NSCLC with METex14 mutations can be treated with TabrectaTM (capmatinib, formerly INC280), an oral MET inhibitor. Tabrecta became the first-line approved treatment type for patients living with lung cancer advanced non-small cell lung cancer.

  • Lupin Limited launched Adhero, a smart inhaler tracking device designed to support the treatment of COPD patients and respiratory diseases. Adhero also provide therapy and assistance to the people living with chronic respiratory diseases. Additionally, Adhero is getting fame owing to the fact that inhalers are most convenient treatment methods for chronic respiratory diseases. 

Author Credits:  Radhika Pawar


  • Report ID: 4410
  • Published Date: Oct 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of pulmonary drug delivery systems is assessed at USD 63.81 billion.

The pulmonary drug delivery systems market size was over USD 60.56 billion in 2024 and is set to reach USD 140.32 billion by the end of 2037, growing at around 6.8% CAGR during the forecast period i.e., between 2025-2037. Rising prevalence of chronic respiratory diseases as air pollution is increasing will boost the market growth.

North America industry is anticipated to dominate majority revenue share by 2037, due to increasing prevalence of lung diseases such as COPD, chronic bronchitis, and asthma in the region.

The major players in the market include Novartis AG, Lupin Limited, Briggs Healthcare, Inc., Boehringer Ingelheim International GmbH, Koninklijke Philips N.V., Merck & Co., Inc., 3M Company, AstraZeneca PLC, GSK plc, GF Health Products, Inc.
Pulmonary Drug Delivery Systems Market Report Scope
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample