The Global Asthma Inhaler Market has been evaluated as steadily growing market and expected that the market will reach high growth figures. Asthma inhalers are the devices which are used to control the respiratory conditions by directly inhaling the drug into the respiratory tract. Asthma is a chronic disease of the airways of lungs that causes difficulty in breathing. In Asthmatic patients, the inside wall of the airways are swollen or inflamed. The inflammation results in the temporary narrowing of the airways carrying oxygen to the lungs. This causes asthmatic symptoms such as shortness of breath, coughing, wheezing, and chest tightness. Asthma, in severe cases can cause inability to talk. Asthma is an incurable illness. Asthma is being treated with the help of the oral drugs and other therapies. However, the respiratory inhalers have completely changed the way Asthma is treated. With the use of respiratory inhalers, asthma can be managed in a better way and the number of people with reduced symptoms or with controlled symptoms has increased. Some examples of the inhalers that are used for the Asthma management are Symbicort, Relvar, and Atimos Modulite among others. According to the Forum of International Respiratory Societies, young children and infants were especially susceptible to respiratory diseases. Around 9.0 million children under the age of 5 years die per year and the common thing in them is the presence of lung diseases.
Asthma Inhaler Device Market Segments:
Global Asthma inhaler device market has been segmented on the basis of device typewhich comprise ofMetered-Dose Inhaler, MDI with a Spacer, Dry-Powder Inhaler and others. On the basis of technology; market is segmented into manually operated inhaler devices, digitally operated inhaler devices and others. On the basis of end users; market is segmented hospital, clinics, retailers and others.
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Key Players for Asthma Inhaler Device Market:
Some of the key players in this market are:GSK, Merck & Co., Inc. (US), 3M (US), Aristopharma Ltd. (Dhaka), SRS PHARMACEUTICALS PVT. LTD. (India), Intas Pharmaceuticals Ltd (India) and others.
Asthma Inhaler Device Industry Updates:
Feb, 2017 BI received expantion of FDA approval of the use of Tiotropium Respimat for treatment of Asthma in Children. With this approval, company will be able to sell the product inside the United States.
Jan, 2017 AstraZeneca announced that on 25 January 2017 the US Food and Drug Administration (FDA) granted six months of paediatric exclusivity for Symbicort (budesonide/formoterol) Inhalation Aerosol. Symbicort is approved in the US to treat asthma in patients 12 years and older and for the maintenance and treatment of COPD in adults, the company is expecting larger market share with the product launch.
Global Asthma Inhaler Device Market – Regional Analysis:
Depending on geographic region, Globally North America is the largest market for Asthma Inhalers. Currently there are around 6.4% of American suffering from COPD in U.S. and around 5.4 million people suffering from asthma in U.K. This major growth is attributed to the popularity of the dry powder inhalers among population due to its several advantages over Metered Dose Inhalers and other types of inhalers.
Europe is the second-largest market for asthma inhalers. It is observed that almost 70% of the child’s death occurred per year due to respiratory disorders are due to these sudden attacks hence rescue medication or rescue inhalers can serve better to save lots of lives per year.
Asia pacific region is expected to be fastest growing region in respiratory Inhaler market. Middle East & Africa is expected to have limited but steady growth in the market. These countries with the advancement of technology are expected to show large number of cases of asthma and other respiratory disease which remain unnoticed currently.
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Major TOC Asthma Inhaler Device Market:
1 Report Prologue
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
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7 Middle East & Africa Kinesio Tape Market, By Application
8 Middle East & Africa Kinesio Tape Market, By End User
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