Insights on the North American Inhaler Market to 2019 | Industry Statistics, Emerging Demands, Forecast to 2025
North American inhaler market was $7.2 billion in 2018 and is anticipated to grow at a substantial rate of 1.8% during the forecast period. North American inhaler market has the highest contribution in the global inhaler market. The major factors that are contributing significantly in the market growth include rising air pollution, growing geriatric population, and high healthcare expenditure. The US and Canada are the major economies of North America. The rising prevalence of chronic respiratory diseases, increasing geriatric population, and technological advancement are the major factors augmenting the growth of inhaler market in North America region. The increasing demand for inhaler due to increasing COPD and asthma patients in the US have endorsed the approval of cohesive reimbursement policies in the US, is further fueling the growth of the market. The US is the major market due to greater healthcare expenditure and higher prevalence rate of respiratory diseases.
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The North American inhaler market is
segmented on the basis of device, type, application, and end-user. On the basis
of device, the market is sub-segmented into metered dosed inhaler, dry powdered
inhaler, and nebulizer. The dry powder inhaler is estimated to have largest
market share in the North American inhaler market due to providing easy
inhalation solution. Whereas, the market for metered dose inhaler is estimated
to be the fastest growing at a CAGR during the forecast period owing to
innovations and collaborations by the companies for the development of metered
dosed inhaler. Based on the type, preventive, reliever, and long acting
bronchodilators inhaler are analyzed. Moreover, on the basis of application,
the market has been classified into asthma and COPD diseases. In addition,
based on the end-user, homecare and hospitals and clinics have been
analyzed.
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North American Inhaler Market Segmentation
By Device
·
Metered Dose Inhaler
·
Dry Powder Inhaler
·
Nebulizer
By Type
·
Preventive Inhaler
·
Reliever Inhaler
·
Long Acting Bronchodilators Inhaler
By Application
·
Asthma
·
Chronic Obstructive Pulmonary Disease (COPD)
By End-User
·
Homecare
·
Hospitals and Clinics
Regional Analysis
·
US
·
Canada
Company Profiles
·
3M Co.
·
Acorda Therapeutics, Inc.
·
Adamis Pharmaceuticals Corp.
·
Adherium Ltd.
·
Aradigm Corp.
·
AstraZeneca PLC
·
Boehringer Ingelheim International GmbH
·
Drive Devilbiss Healthcare LLC
·
GlaxoSmithKline PLC
·
Koninklijke Philips N.V.
·
Manta Devices LLC
·
Novartis AG
·
Omron Healthcare Inc.
·
ResMed Corp.
·
Pulmatrix Inc.
·
Savara, Inc.
·
Sunovion Pharmaceuticals
·
Teva Pharmaceuticals Industries Ltd.
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