Respiratory Inhaler Device Market Share

  • Report ID: 202
  • Published Date: Sep 04, 2024
  • Report Format: PDF, PPT

Respiratory Inhaler Device Market Share

Regionally, the global respiratory inhaler device market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America is estimated to account for largest revenue share by 2036, on the back of presence of a highly established healthcare infrastructure. Furthermore, the Centers for Disease Control and Prevention states that chronic obstructive pulmonary diseases affect more than 15 million Americans. Owing to this, the global market is projected to witness remarkable growth during the forecast period. Apart from this, a report published by the National Center for Biotechnology Information states that 5% of adults suffer from acute bronchitis every year. A person suffering from bronchitis might receive a nebulizer breathing treatment which calms the inflation in the mucous membrane and allow the body to start to heal.

The Asia Pacific region is also estimated to witness significant growth during the forecast period on the back large number of people suffering from respiratory diseases.  Also, the data released by the WHO, countries such as, Bangladesh, India, and Pakistan are among the most polluted countries in the world, all exceeding WHO guidelines by 10 times. The increasing air pollution in the region is leading to severe respiratory diseases among the population, which is the reason the global respiratory inhaler device market is projected to witness significant growth during the forecast period.

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Respiratory-Inhaler-Device-Market-Share
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Author Credits:  Radhika Pawar


  • Report ID: 202
  • Published Date: Sep 04, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of respiratory inhaler device is estimated at USD 38.49 billion.

Respiratory Inhaler Device Market size was valued at USD 37.07 billion in 2023 and is likely to reach USD 68.19 billion by 2036, expanding at around 4.8% CAGR during the forecast period i.e., between 2024-2036. The rising cases of chronic obstructive pulmonary diseases will impel the market growth.

North America is estimated to account for largest revenue share by 2036, on the back of presence of a highly established healthcare infrastructure.

The major players in the market are Merck & Co., Inc., GlaxoSmithKline plc., Cipla Inc., and Koninklijke Philips N.V.
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