COVID-19 Impact Analysis on Pulmonary Drug Delivery Systems Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the pulmonary drug delivery systems market include AstraZeneca plc, Boehringer Ingelheim GmbH, GlaxoSmithKline plc, Novartis AG, Koninklijke Philips N.V., 3M Company, Actelion Pharmaceuticals Ltd (Janssen), Clement, Clarke International, Briggs Healthcare and Aerogen. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
An increase in air pollution, a rise in the prevalence of pulmonary diseases such as asthma and chronic obstructive pulmonary disease, an increase in the number of hospitals and diagnostic centers, a surge in funding from private and government organizations for the treatment of pulmonary diseases, and a rise in awareness about pulmonary health are driving the global pulmonary drug delivery systems market. Increased disposable income, social media impact, the benefits of toys and games on children's cognitive development, and the risk of obesity are all projected to drive market growth during the projection period. Furthermore, rising public awareness of the management and treatment of pulmonary diseases and increased hospitals and diagnostic centers are expected to provide lucrative opportunities for the global pulmonary drug delivery system market to expand during the forecast period. Furthermore, the existence of major manufacturers in the pulmonary drug delivery system and advancements in the treatment of pulmonary disorders are driving the market forward. However, during the projected period, high pricing associated with pulmonary medication delivery system devices and erroneous diagnosis of respiratory disorders will limit the market growth.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of pulmonary drug delivery systems. The growth and trends of pulmonary drug delivery systems industry provide a holistic approach to this study.
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Market Segmentation
This section of the pulmonary drug delivery systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product
· Dry Powder Inhaler (Single Dose Inhaler, Multi Dose Inhaler)
· Metered Dose Inhaler (Manually-Actuated Pressurized Inhaler, Breath-Actuated Pressurized Inhaler)
· Nebulizer (Jet Nebulizer, Ultrasonic Wave Nebulizer, Vibrating Mesh Nebulizer)
By Application
· Asthma
· Chronic Obstructive Pulmonary Disease (Copd)
· Cystic Fibrosis
· Others
By Distribution Channel
· Retail Pharmacies
· Hospital Pharmacies
· E-Commerce
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Pulmonary Drug Delivery Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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Increasing preference of pulmonary route of drug delivery, increasing technological developments in the form of smart/digital inhalers and rising incidences of respiratory diseases such as COPD, asthma, and cystic fibrosis.Global respiratory drug delivery market is projected to reach USD 52.37 Billion by 2021 from USD 36.10 Billion in 2016, at a CAGR of 6.5%.
Pulmonary/ Respiratory Drug Delivery Market by Formulation (Type (Solution, Suspension, Dry powder), Device Type (Metered dose, Dry Powder, Nebulizer)), Canister (Plain, Coated), End User (Hospitals, Homecare), Applications (COPD).Emerging markets such as India, China, & Japan and growth in online marketing channels are expected to offer lucrative growth opportunities for market players in the coming years.
On the other hand, factors such as regulatory issues and pricing pressures are the major factors restraining Respiratory Drug Delivery market growth.The pulmonary drug delivery market is segmented based on formulations, canister type, applications, end users, and regions.
On the basis of end user, the market is segmented into hospitals & clinics and homecare settings.
The hospitals & clinics segment dominated the market in 2016, this is attributed to the increasing incidence of diseases such as pneumonia and acute exacerbation of COPD (AECOPD) is driving the number of hospitalizations each year.Based on canister type, the Respiratory Drug Delivery Market is segmented into plain and coated canister.
The coated canister segment is expected to be the fastest growing market in canister type segments in the respiratory Drug Delivery Market during the forecast period.
