Smart Inhalers Market is expected to reach USD 1636.1 million by 2022 with a CAGR of 42.8%

Smart Inhalers market information, by type (Dry Powder Inhaler, And Metered Dose Inhaler), by application (Asthma, COPD, and others), by end user (Hospitals & Clinics, Respiratory Care Center, And Others) – Forecast to 2022

Market Highlights

Smart Inhalers are a part of new age digital technology which is designed to improve the disease management in the respiratory diseases. Smart Inhalers are basically the respiratory inhalers equipped with a digital sensor. The sensor tracks the data such as the dosage timing, monitors the use of the inhaler, and schedules the next dosage. Smart Inhalers can generate alerts for the daily dosage for the user using the smart devices connected to the sensors via Bluetooth. Wide variety of benefits ranging from improving medication adherence to reducing hospital admissions, which makes smart inhalers the next big thing of respiratory care segment. Globally the market for smart inhalers is increasing rapidly. Globally the market for Smart Inhalers is expected to grow at the rate of about 42.8% from 2016 to 2022.

Smart inhaler technology is quickly becoming one of the most valuable areas of pharmaceutical engagement in digital health. There has been rise in number of companies that are adopting this digital technology and opting to use it to enhance the management of lung disorders such as asthma and chronic obstructive pulmonary disorder (COPD), as well as improve the efficacy of the prescribed medications. Currently, the smart inhalers are being developed for the asthma and COPD, but the technology can be used in the treatment of other disorders such as bronchitis and cystic fibrosis in the near future.

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Major Key Players:

  • Adherium,
  • AstraZeneca,
  • Cohero Health,
  • GlaxoSmithKline,
  • Gecko Health Innovations Inc.,
  • Inspiro Medical,
  • Propeller Health.

Over the past 50 years, inhaler devices have revolutionized the respiratory care by delivering the medicines directly into the lungs and avoiding the adverse effects caused by the other modes of medication. However, there has been a point of concern for the doctors whether the patients are taking the medications correctly or not. Because, even if you have the most potent drug in the inhaler; if the patient does not take the medication correctly and on time, you will not see the desired effect of the drug.

Test the market data and market information presented through more than 115 market data tables and figures spread over 82 numbers of pages of the project report. Avail the in-depth TOC & market synopsis on “Smart Inhalers Market Research Report –Global Forecast to 2022.”

Regional Analysis:

Depending on geographic region, smart inhalers market is segmented into four key regions: North America, Europe, Asia Pacific, and Rest of World. Globally, North America is the largest market for smart inhalers. The North America market for smart inhalers is expected to grow at a CAGR 38.6% during the forecasted period. Europe is the second-largest market for smart inhalers which is expected to grow at a CAGR of 47.14%. Asia pacific region is expected to be fastest growing region in Smart Inhalers market.

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Segmentation:

Smart Inhalers market has been segmented on the basis of type which comprises dry powder inhaler, and metered dose inhaler. On the basis of application, market is segmented into Asthma, COPD, and others. On the basis of end user, market is segmented into hospitals & clinics, respiratory care center, and others.

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