Pulmonary Drug Delivery Systems Market Share

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.