UK Inhaler Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2025
UK inhaler market was valued at around $1.5 billion in 2018 and is anticipated to grow at a substantial rate of 1.0% during the forecast period. Inhalers are used for providing medication to the patients through lungs. These are used for treatment of patient from asthma attacks and other respiratory ailments. As the prevalence of asthma and other diseases increases across UK, the demand of inhalers is also expected to increase for treatment purposes. As per International Monetary Fund GDP of the country was $2.9 trillion in 2017. UK comprises of England, Scotland, Wales and Northern Ireland. Total population of the country in 2017 was 65 million, out of which about 18% are of geriatric population. Mortalities related to asthma and COPD are high in UK and due to these a significant investment by government and people can be forecast in the near future.
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The UK 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 UK 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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Furthermore, the market is characterized by the presence of
several manufacturers that are developing and providing inhaler to cater to a
wide range of customers within the region and across the globe. The major
players of the UK inhaler market include Boehringer Ingelheim International
GmbH, AstraZeneca PLC, GlaxoSmithKline PLC, Novartis AG, Teva Pharmaceuticals
Industries Ltd., Koninklijke Philips N.V., and Bespak. These players adopt
various strategies to capitalize on market growth opportunities. Mergers and
acquisitions, product launch, geographical expansion, partnerships, and
collaborations are the majorly adopted strategies by the market players.
UK 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
Company Profiles
·
3M Co.
·
Acorda Therapeutics, Inc.
·
Adamis Pharmaceuticals Corp.
·
Adherium Ltd.
·
AstraZeneca PLC
·
Bespak
·
Boehringer Ingelheim International GmbH
·
Chiesi Farmaceutici S.P.A.
·
GF Health
·
GlaxoSmithKline PLC
·
H&T Presspart Manufacturing Ltd.
·
Koninklijke Philips N.V.
·
Novartis AG
·
Omron Healthcare Inc.
·
ResMed Corp.
·
Pulmatrix Inc.
·
Savara, Inc.
·
Teicos Pharma Ltd.
·
Teva Pharmaceuticals Industries Ltd.
·
Vitalograph Ltd.
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