Product Code: GVR-4-68039-993-1
Smart Inhalers Market Growth & Trends:
The global smart inhalers market size is expected to reach USD 53.3 billion by 2030, based on a new report by Grand View Research, Inc., expanding at a CAGR of 19.3% from 2022 to 2030. The rising prevalence of chronic respiratory diseases (CRDs) such as asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis, and lung disorders is contributing to the growth of the market. According to the European Respiratory Society Congress, COPD is expected to affect over 480 million people in 2022 across the globe.
COVID-19 has increased the demand for smart inhalers due to the rising penetration of cutting-edge digital devices and solutions for respiratory and pulmonary care. Furthermore, in the post-pandemic era, it is expected that the adoption of smart inhalers will increase as healthcare providers are focusing on connected medical devices to ensure that patients receive better and more enhanced care, regardless of the circumstance.
Furthermore, a growing number of businesses are incorporating digital technologies into their products to improve the efficiency of medication and the management of asthma and COPD. In addition, in April 2022, Aptar Pharma, a key market player, introduced HeroTracker Sense, a novel digital chronic respiratory e-health solution that converts a traditional metered dose inhaler into a smart inhaler. Furthermore, a study of the Adherium Smart inhaler also revealed that smart inhaler users experienced several beneficial medical outcomes, including fewer hospitalizations, improved medication adherence, and a decreased need for doctor visits.
Smart Inhalers Market Report Highlights:
- Based on type, the metered dose inhalers (MDIs) segment held the largest share of over 60.0% in 2021. MDIs are the most preferred inhalers used to treat CRDs. The dry powdered inhalers (DPIs) segment is expected to register the fastest growth rate of 18.6% over the forecast period owing to the convenience of its mechanism, which makes it easier to use for medicine delivery
- Based on indication, the COPD segment held the largest share of over 50.0% in 2021 due to the high prevalence of COPD as it affects 200 million people globally. The asthma segment is anticipated to grow at the fastest rate of 18.3% over the forecast period owing to the rising number of hospitalizations for asthma, particularly in young children
- Based on distribution channel, the hospital pharmacies segment held the largest share of over 40.0% in 2021. The elderly population frequently receives hospital care for CRDs, and they consider purchasing medication from hospital pharmacies. The retail pharmacies segment is anticipated to grow at a rate of 19.2% over the forecast period due to the quick expansion and modernization of the existing pharmacies to increase market penetration
- Based on end-use, the hospitals segment accounted for the largest share of over 50.0% in 2021 as hospitals are a crucial distribution channel between pharmaceutical companies and patients. The home care settings segment is anticipated to grow at the fastest rate of 20.2% over the forecast period due to the growing preference among older patients, rising costs of healthcare, and the convenience offered by the treatments at home
- In 2021, North America dominated the market with a share of over 45.0% owing to the rising prevalence of CRDs in the region. In the U.S., more than 25 million people suffer from asthma. Asia Pacific is expected to expand at the fastest rate of 21.2% during the forecast period owing to rising incidence rates of COPD and asthma in developing nations such as China and India
Table of Contents
Chapter 1 Report Scope and Objectives
- 1.1 Market Segmentation & Scope
- 1.2 Regional Scope
- 1.2.1 Estimates And Forecast Timeline
- 1.3 Objectives
- 1.3.1 Objective - 1
- 1.3.2 Objective - 2
- 1.3.3 Objective - 3
Chapter 2 Methodology
- 2.1 Research Methodology
- 2.2 Information Procurement
- 2.2.1 Purchased Database
- 2.2.2 Gvr's Internal Database
- 2.2.3 Secondary Sources
- 2.2.4 Primary Research
- 2.3 Information or Data Analysis
- 2.3.1 Data Analysis Models
- 2.4 Market Formulation & Validation
- 2.5 Model Details
- 2.5.1 Commodity Flow Analysis (Model 1)
- 2.5.2 Volume Price Analysis (Model 2)
- 2.6 List of Secondary Sources
Chapter 3 Executive Summary
- 3.1 Market Outlook
- 3.2 Segment Outlook
- 3.2.1 type
- 3.2.2 Indication
- 3.2.3 distribution Channel
- 3.2.4 end-Use
- 3.2.5 Region
- 3.3 Competitive Insights
- 3.4 Smart Inhalers Market Outlook, 2021
Chapter 4 Market Variables, Trends & Scope
- 4.1 Market Lineage Outlook
- 4.1.1 Parent Market Outlook
- 4.1.2 Ancillary Market Outlook
- 4.2 Smart Inhalers Market Dynamics
- 4.2.1 Market Driver Analysis
- 4.2.2 Market Restraint Analysis
- 4.3 Smart Inhalers Market: Business Environment Analysis Tools
- 4.3.1 Porter's Five Forces Analysis
- 4.3.1.1 Threat Of New Entrants
- 4.3.1.2 Bargaining Power Of Suppliers
- 4.3.1.3 Bargaining Power Of Buyers
- 4.3.1.4 Competitive Rivalry
- 4.3.1.5 Threat Of Substitutes
- 4.3.2 Pestel Analysis
- 4.3.2.1 Political & Legal
- 4.3.2.2 Economic & social
- 4.3.2.3 Technological
- 4.3.2.4 Environmental
- 4.4 Penetration & Growth Prospect Mapping
- 4.5 Technology Trend Analysis
- 4.6 Regulatory Framework
- 4.7 Impact of COVID-19 on Smart Inhalers Market
Chapter 5 Smart Inhalers Market: Type Analysis
- 5.1 Smart Inhalers Type Market Share Analysis, 2021 & 2030
- 5.2 Smart Inhalers Type Market: Segment Dashboard
- 5.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the Type Segment
- 5.3.1 Dry Powdered Inhalers
- 5.3.1.1 Dry Powdered Inhalers (Dpis) Market, 2017 - 2030 (USD Million)
- 5.3.2 Metered Dose Inhalers
- 5.3.2.1 Metered dose inhalers (MDIs) market, 2017 - 2030 (USD Million)
Chapter 6 Smart Inhalers Market: Indication Analysis
- 6.1 Smart Inhalers Indication Market Share Analysis, 2021 & 2030
- 6.2 Smart Inhalers Indication Market: Segment Dashboard
- 6.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the Indication Segment
- 6.3.1 Asthma3
- 6.3.1.1 Asthma Market, 2017 - 20302017 - 20302017 - 2030 (USD Million)
- 6.3.2 Copd
- 6.3.2.1 Copd Market, 2017 - 2030 (USD Million)
- 6.3.3 Others
- 6.3.3.1 Others market, 2017 - 2030 (USD Million)
Chapter 7 Smart Inhalers Market: Distribution Channel Analysis
- 7.1 Smart Inhalers Distribution Channel Market Share Analysis, 2021 & 2030
- 7.2 Smart Inhalers Distribution Channel Market: Segment Dashboard
- 7.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the Distribution Channel
- 7.3.1 Hospitals Pharmacies
- 7.3.1.1 Hospitals Pharmacies Market, 2017 - 2030 (USD Million)
- 7.3.2 Retail Pharmacies
- 7.3.2.1 Retail Pharmacies Market, 2017 - 2030 (USD Million)
- 7.3.3 Online Pharmacies
- 7.3.3.1 Online pharmacies market, 2017 - 2030 (USD Million)
Chapter 8 Smart Inhalers Market: End-Use Analysis
- 8.1 Smart Inhalers end-use Market Share Analysis, 2021 & 2030
- 8.2 Smart Inhalers End-Use Market: Segment Dashboard
- 8.3 Market Size & Forecasts and Trend Analyses, 2017 to 2030 for the End-Use Segment
- 8.3.1 Hospitals
- 8.3.1.1 Hospitals Market, 2017 - 2030 (USD Million)
- 8.3.2 Homcare Settings
- 8.3.2.1 Homecare Settings Market, 2017 - 2030 (USD Million)
- 8.3.3 Others
- 8.3.3.1 Others market, 2017 - 2030 (USD Million)
Chapter 9 Smart Inhalers Market: Regional Analysis
- 9.1 Smart Inhalers Regional Market Share Analysis, 2021 & 2030
- 9.2 Regional Market Snapshot
- 9.3 North America
- 9.3.1 North America Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.3.2 U.S.
- 9.3.2.1 U.S. Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.3.3 Canada
- 9.3.3.1 Canada Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.4 Europe
- 9.4.1 Europe Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.4.2 U.K.
- 9.4.2.1 U.K. Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.4.3 Germany
- 9.4.3.1 Germany Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.4.4 France
- 9.4.4.1 France smart inhalers market, 2017 - 2030 (USD Million)
- 9.4.5 Italy
- 9.4.5.1 Italy Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.4.6 Spain
- 9.4.6.1 Spain Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.4.7 Russia
- 9.4.7.1 Russia smart inhalers market, 2017 - 2030 (USD Million)
- 9.5 Asia Pacific
- 9.5.1 Asia Pacific Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.5.2 Japan
- 9.5.2.1 Japan Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.5.3 China
- 9.5.3.1 China Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.5.4 India
- 9.5.4.1 India Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.5.5 Australia
- 9.5.5.1 Australia Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.5.6 South Korea
- 9.5.6.1 South Korea Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.5.7 Singapore
- 9.5.7.1 Singapore Smart inhalers market, 2017 - 2030 (USD Million)
- 9.6 Latin America
- 9.6.1 Latin America Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.6.2 Brazil
- 9.6.2.1 Brazil Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.6.3 Mexico
- 9.6.3.1 Mexico Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.6.4 Argentina
- 9.6.4.1 Argentina Smart Inhalers market, 2017 - 2030 (USD Million)
- 9.7 Middle East and Africa (MEA)
- 9.7.1 MEA Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.7.2 South Africa
- 9.7.2.1 South Africa Smart Inhalers Market, 2017 - 2030 (USD Million)
- 9.7.3 Saudi Arbia
- 9.7.3.1 Saudi Arbia smart inhalers market, 2017 - 2030 (USD Million)
- 9.7.4 UAE
- 9.7.4.1 UAE smart inhalers market, 2017 - 2030 (USD Million)
Chapter 10 Competitive Analysis
- 10.1 Recent Developments & Impact Analysis, By Key Market Participants
- 10.2 Company Profiles
- 10.2.1 H&T PRESSPART MANUFACTURING LTD.
- 10.2.1.1 Company overview
- 10.2.1.2 Financial performance
- 10.2.1.3 Product benchmarking
- 10.2.1.4 Strategic initiatives
- 10.2.2 PERSONAL AIR QUALITY SYSTEMS PRIVATE LIMITED
- 10.2.2.1 Company overview
- 10.2.2.2 Financial performance
- 10.2.2.3 Product benchmarking
- 10.2.2.4 Strategic initiatives
- 10.2.3 COHERO HEALTH INC.
- 10.2.3.1 Company overview
- 10.2.3.2 Financial performance
- 10.2.3.3 Product benchmarking
- 10.2.3.4 Strategic initiatives
- 10.2.4 COGNITA LABS
- 10.2.2.1 Company overview
- 10.2.2.2 Financial performance
- 10.2.2.3 Product benchmarking
- 10.2.2.4 Strategic initiatives
- 10.2.4 ADHERIUM LIMITED
- 10.2.4.1 Company overview
- 10.2.4.2 Financial performance
- 10.2.4.3 Product benchmarking
- 10.2.4.4 Strategic initiatives
- 10.2.5 AMIKO DIGITAL HEALTH LIMITED
- 10.2.5.1 Company overview
- 10.2.5.2 Financial performance
- 10.2.5.3 Product benchmarking
- 10.2.5.4 Strategic initiatives
- 10.2.6 TEVA PHARMACEUTICALS INDUSTRIES LTD.
- 10.2.6.1 Company overview
- 10.2.6.2 Financial performance
- 10.2.6.3 Product benchmarking
- 10.2.6.4 Strategic initiatives
- 10.2.7 PROPELLER HEALTH
- 10.2.7.1 Company overview
- 10.2.7.2 Financial performance
- 10.2.7.3 Product benchmarking
- 10.2.7.4 Strategic initiatives
- 10.2.8 NOVARTIS AG
- 10.2.8.1 Company overview
- 10.2.8.2 Financial performance
- 10.2.8.3 Product benchmarking
- 10.2.8.4 Strategic initiatives
- 10.2.9 PNEUMA RESPIRATORY, INC.
- 10.2.9.1 Company overview
- 10.2.9.2 Financial performance
- 10.2.9.3 Product benchmarking
- 10.2.9.4 Strategic initiatives
- 10.2.10 3M HEALTH CARE LIMITED
- 10.2.10.1 Company overview
- 10.2.10.2 Financial performance
- 10.2.10.3 Product benchmarking
- 10.2.10.4 Strategic initiatives
- 10.2.11 FINDAIR SP. Z O.O.
- 10.2.11.1 Company overview
- 10.2.11.2 Financial performance
- 10.2.11.3 Product benchmarking
- 10.2.11.4 Strategic initiatives
- 10.2.12 AIREHEALTH, INC.
- 10.2.12.1 Company overview
- 10.2.12.2 Financial performance
- 10.2.12.3 Product benchmarking
- 10.2.12.4 Strategic initiatives