Dry Powder Inhaler Market Analysis, By Product Type (Capsule-based Devices, Blister-based Devices, Reservoir/Cartridge-based Devices), By Application (Bronchitis, Chronic Obstructive Pulmonary Diseases (COPD), Asthma), By Sales Channel
The global dry powder inhaler market is expected to top US$ 1.3 Bn by 2031, rising at a CAGR of 7.2% through 2021-2031. The market is estimated to create an absolute $ opportunity of about US$ 458 Mn by 2031. Currently, dry powder inhaler sales account for more than 35% of the global inhaler market.
The dry powder inhaler device market is anticipated to expand significantly due to the rise in respiratory disorders such asthma, chronic obstructive pulmonary disease (COPD), emphysema, and bronchitis. The increased use of dry powder inhalers (DPI) around the world is largely due to rising respiratory disorders like asthma and chronic obstructive pulmonary disease, an increase in per capita healthcare spending, and rising air pollution levels, particularly in developing nations.
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The readability score of the Dry Powder Inhaler Demand report is good as it offers chapter-wise layout with each section divided into a smaller sections.
The report encompasses graphs and tables to show the entire assembling. Pictorial demonstration of the definite and estimated values of key segments is visually appealing to readers.
This Dry Powder Inhaler outlook report explicates on vital dynamics such as the drivers, restraints and opportunities for key players and competitive analysis of Dry Powder Inhaler along with key stakeholders as well as emerging players associated with the manufacturing of product.
Competitive Landscape:
The global market for dry powder inhaling devices is a fragmented one, imputing to the existence of many domestic and regional players. Mergers, expansion, acquisitions, and partnerships of companies, along with new product development as strategic approaches are being adopted by leading companies to upscale their market presence and create a large customer base.
Impact of COVID-19
A huge impact of the pandemic has been seen across different industries in the world. This impact has shaken the economy and caused a disturbance in the equilibrium.
The spread of coronavirus has been proved lethal for many across the globe. This pandemic has given way to several breathing concerns and respiratory issues that are more harmful for people already suffering from asthma, which is expected to increase demand for dry powder inhalers.
Also, breathlessness or shortness of breath is a common symptom among patients infected with COVID-19. This is likely to contribute to increasing sales of dry powder inhalers over the coming months and years.
Key Segments Covered:
· By Product Type
Capsule-based Devices
Blister-based Devices
Reservoir/Cartridge-based Devices
Others
· By Application
Bronchitis
Chronic Obstructive Pulmonary Diseases (COPD)
Asthma
Others
· By Sales Channel
Offline Channels
Hospital Pharmacies
Retail Pharmacies
Drug Stores
Other Sales Channels
Online Channels
· By Region
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East Africa
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Questionnaire answered in the Market outlook Report of Dry Powder Inhaler include:
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Dry Powder Inhaler Market , Global Dry Powder Inhaler Market , Dry Powder Inhaler Devices Market
Jun 29, 2023