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Respiratory Inhaler Device Market Trends

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

Respiratory Inhaler Device Market Trends

Growth Drivers  

  • Rising Air Pollution

  • Growing Cases of Asthma
  • Increasing Patients with Chronic Obstructive Pulmonary Disease 

Challenges 

  • Associated Side-Effects

Respiratory Inhaler Device Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

CAGR

4.8%

Base Year Market Size (2023)

USD 37.07 billion

Forecast Year Market Size (2036)

USD 68.19 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)
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Browse Key Market Insights with Data Illustration:

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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