Digital Dose Inhalers Global Strategic Research Report 2024: Market to Reach $7.2 Billion by 2030 - New HME Method to Augment Inhaler Technology
Dublin, April 05, 2024 (GLOBE NEWSWIRE) -- The "Digital Dose Inhalers - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
Global Digital Dose Inhalers Market to Reach $7.2 Billion by 2030
The global market for Digital Dose Inhalers estimated at US$3.2 Billion in the year 2023, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2023-2030.
The report presents an analysis of the global market for Digital Dose Inhalers, focusing on key product segments and regional dynamics. Metered Dose Inhalers (MDIs) emerge as the dominant product type, occupying a significant share of the market. Branded medications also hold a major share within the digital dose inhalers market.
Metered Dose Inhalers, one of the segments analyzed in the report, is projected to record 10% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Dry Powder Inhalers segment is estimated at 11.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 13.2% CAGR
Regional analysis highlights North America's leadership position, with developed regions contributing substantially to market sales compared to developing regions. The report ranks geographic regions by the percentage Compound Annual Growth Rate (% CAGR) for the period 2023-2030, emphasizing China, Asia-Pacific, and Europe among the top-ranking regions. An introduction to digital dose inhalers provides insights into their role as smart aids for managing dose delivery in respiratory conditions.
The Digital Dose Inhalers market in the U.S. is estimated at US$1.4 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$669.8 Million by the year 2030 trailing a CAGR of 13.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 9.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.
Additionally, recent market activity underscores the evolving landscape of digital dose inhalers, reflecting ongoing advancements and innovations in the industry.
MARKET OVERVIEW
Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
COVID-19 Healthcare Emergency Highlights Critical Significance of Digital Dose Inhalers
Ongoing Studies Exploring Use of Inhalers-based Therapies to Treat COVID-19
COVID-19 Pandemic Pushes Patient Compliance Linked with Inhaler-based Drug Regime
Pandemic Accelerates Transition to pMDIs with VHCs
Research Shows Asthma Drug to be Effective in Treating COVID-19
Competitive Scenario
Digital Dose Inhalers - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
Global Market Prospects and Outlook: High Prevalence of Respiratory Diseases Keeps Digital Dose Inhalers Market in Hale & Hearty Condition
World Digital Dose Inhalers Market by Application (2024 & 2030): Percentage Breakdown of Sales for Asthma, COPD, and Other Applications
Salient Growth Drivers
Analysis by Product: Metered Dose Inhalers Occupy Commanding Share
World Digital Dose Inhalers Market by Product (2024 & 2030): Percentage Breakdown of Sales for Metered Dose Inhalers, and Dry Powder Inhalers
Analysis by Type of Medication: Branded Medications Segment Hold Major Share
World Digital Dose Inhalers Market by Type of Medication (2024 & 2030): Percentage Breakdown of Sales for Branded, and Generic
Regional Analysis: North America to Retain Leadership Position in Digital Dose Inhalers Market
Developed Regions Account for Lion's Share of World Digital Dose Inhalers Market: Percentage Breakdown of Sales for Developed and Developing Regions (2024 & 2030)
Global Market for Digital Dose Inhalers - Geographic Regions Ranked by % CAGR (Sales) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
An Introduction to Digital Dose Inhalers - Smart Aids to Manage Dose Delivery for Respiratory Conditions
Digital Inhaler Health Platforms
Metered Dose Inhalers (MDI)
Dry Powder Inhalers (DPI)
Recent Market Activity
MARKET TRENDS & DRIVERS
Digital Inhalers: A Significant Leap Forward for Respiratory Disease Management
Asthma & Respiratory Management as Twin Goals for Digital Technology
Respiratory Care Domain Perfectly Ripe for Adoption of Digital Devices
Healthcare Market Enjoys Striking Leap Forward with Increasing Influx of IoT
Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2023E
Number of Connected Medical Devices in Million: 2018-2025
Digital Dose Inhaler Technology Sees Proliferation of IoT
Advantages of the IoT-Enabled Digital Dose Inhaler
Market to Gain from Ongoing R&D Emphasis on Advanced Treatments for Pulmonary Diseases
Established Role of Inhaler Therapy in Respiratory Care Augurs Well
Growing Prevalence of Asthma Provides the Perfect Platform for Market Expansion
Role of Respiratory Inhalers in Asthma
Asthma Rescue Inhalers Medications
Asthma Long-Term Medications
Rising Prevalence of Asthma in Children Supports Growth
Asthma Prevalence in the US by Age
Asthma Prevalence in the US by Gender
Asthma Prevalence in the US by Race/Ethnicity
Slew of Smart Digital Technology & Tools for Asthma Care
Mounting Burden of COPD Drives Demand for Digital Dose Inhaler Technology
COPD Stats
Global Prevalence of COPD: Percentage of Men and Women Affected by Age Group
Prevalence Percentage of COPD, Asthma, and Allergic Rhinitis for Select Countries
Global Cost of Respiratory Therapy by Disease (2023E): Percentage Breakdown of Therapy Costs for Asthma, Chronic Obstructive Pulmonary Disease (COPD), Idiopathic Pulmonary Fibrosis, and Others
Dry Powder Inhalers Set to Make Big Gains
Green Thumbs Up with Rising Uptake of Dry Powder Inhalers
Metered Dose Inhalers Continue to Exhibit Sustained Growth Momentum
Smart Inhalers Come to the Fore
Smart Inhalers Strike Right Chord with Medication Adherence Application
Artificial Intelligence Plays Significant Role in Automation and Improving Outcomes
Global Healthcare Artificial Intelligence Market by Application: 2023E
Artificial Intelligence to Add Sophistication to Inhaler Technology
New HME Method to Augment Inhaler Technology
3D Printing Seeks Role in Inhaler Manufacturing
Rise in Air Pollution Levels Trigger Demand for Respiratory Devices and Inhalers
Global Indoor Air Pollution Related Fatalities by Health Condition (In %) for 2023E
World Ranking of Most Polluted Countries
Percentage Share Breakdown of Global Deaths Linked to Air Pollution
Ranking of Global Number of Deaths by Risk Factor
Uptrend in Healthcare Spending to Result in Improved Opportunities
World Healthcare Expenditure (In US$ Billion) for the Years 2017, 2019, 2021 & 2023
Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
Vulnerability of Growing Geriatric Population to Respiratory Diseases Enhances Prospects for Digital Inhalers
Elderly Healthcare Expenditure as a % of GDP
Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050)
FOCUS ON SELECT PLAYERS(Total 53 Featured)
Beximco Pharmaceuticals Ltd.
3M Company
AstraZeneca PLC
Boehringer Ingelheim International GmbH
Cipla Ltd.
Chiesi Farmaceutici SpA
AptarGroup, Inc.
Bespak Europe Ltd.
Berry Global, Inc.
BIOCORP
Adherium (NZ) Limited
Amiko Digital Health Limited
Aerami Therapeutics
Cognita Labs
AireHealth, LLC
For more information about this report visit https://www.researchandmarkets.com/r/v0gibp
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