Asthma and Copd Devices Market - Forecast(2022 - 2027)

Report Code: HCR 84738 Report Format: PDF + Excel

Asthma and Copd Devices Market Overview

The Asthma and Copd Devices Market size is forecast to reach $41.6 billion by 2026, growing at a CAGR of 4.9% during the forecast period 2021-2026. Asthma and Chronic obstructive pulmonary disease drug delivery systems are used as rescue therapy or permanent therapy for respiratory and other diseases. Copd and asthma are the inflammatory lung disorder that cause difficulty in a blockage and in breathing in the airways of the lungs. Asthma is a respiratory disease that blocks the airways of lungs. It is a condition in which airways become narrow, inflamed, and produce extra mucus that makes it difficult to breathe and it is the most common chronic respiratory condition. Inhalers & nebulizers are the two types of products of it. Increasing incidences of asthma and the increasing activities of the government organizations in creating awareness are the major factors driving the growth of the market. Increasing advancements in the asthma device technologies and increasing need for rescue meditation is set to further enhance the overall market developments of the Asthma and Copd Devices Market for the period 2021-2026.

Asthma and Copd Devices Market Report Coverage

The report: “Asthma and Copd Devices Market Forecast (2021-2026)”, by Industry ARC, covers an in-depth analysis of the following segments of the Asthma and Copd Devices Market.

By Product Type: Inhalers, and Nebulizers.
By Indication: Asthma, and Copd.
By End User: Hospitals, Clinics, and Homecare.
By Geography: North America (U.S., Canada, Mexico), Europe (Germany, United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, and New Zealand, and Rest of Asia Pacific), South America (Brazil, Argentina, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Takeaways

  • North America dominated the Asthma and Copd Devices Market in 2020 owing to the increasing adoption of inhalers, and increasing incidences of asthma. The Asthma and Copd Devices Market scope for different regions will be provided in the final report.
  • Increasing government initiatives and increasing demand for drug delivery system is likely to aid the market growth of the Asthma and Copd Devices Market report.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be Asthma and Copd Devices Market report.
  • Increasing price competition and high cost of asthma treatment devices is poised to create the hurdles for the Asthma and Copd Devices Market. 

Asthma and Copd Devices Market Revenue Share, By Geography, 2020(%)

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Asthma and Copd Devices Market Analysis – By Product Type

Inhalers held the largest share in the Asthma and Copd Devices Market in 2020 and is estimated to grow at a CAGR 5.4% during the forecast period 2021-2026. This is attributed to the increasing adoption of metered dose inhalers and soft mist inhalers. There is an increasing demand for inhalers and increasing respiratory disorders. Inhalation route is more effective and fast method for delivering medication to respiratory system. With the increase in pollution is increasing the number of suffering from chronic obstructive pulmonary disease and asthma. People are exposing directly to poor quality of air. Inhalers are estimated to register the higher CAGR over the period 2021-2026.

Asthma and Copd Devices Market Analysis – By Indication

Asthma held the largest share in the Asthma and Copd Devices Market in 2020 and is estimated to grow at a CAGR 5.8% during the forecast period 2021-2026. This is owing to the increasing developments of advanced asthma devices. Asthma is a condition in which airways narrow and it tends to produce extra mucus.  Increasing exposure to air pollution is also increasing the growth of the segment. Asthma are estimated to register the higher CAGR over the period 2021-2026.

Asthma and Copd Devices Market Analysis – By Geography

North America dominated the Asthma and Copd Devices Market with a major share of 38.2% in 2020. This is owing to the increasing adoption of nebulizers and large pool of patients. Increasing incidences from respiratory diseases, increase in healthcare expenditure, increasing awareness of COPD along with increasing demand for asthma devices is also increasing the growth of the market in this region.

However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2021-2026 owing to the increasing awareness regarding the treatment of Copd and increasing active smokers along with the increasing demand for drug delivery devices.

Asthma and Copd Devices Market Drivers

Increasing Incidences of Respiratory Diseases

Increasing incidences of respiratory diseases is also increasing the growth of the Asthma and Copd Devices Market. Respiratory diseases produces problematic symptoms, life threatening conditions, and health complications. COPD is a chronic respiratory disease that is caused owing to the irritation and damage in the lungs. In this the inflamed airways contracts & expands and it generates excess mucus. Respiratory diseases suffers cough and have difficulty while breathing during an attack. Thus, increasing the growth of the Asthma and Copd Market during the forecast period 2021-2026. 

Increasing Technological Advancement

Increasing technological advancement is also increasing the growth of the Asthma and Copd Devices Market. This is owing to the increasing advancements in the advance portable inhalation technology and increasing incidences of the respiratory diseases. Asthma and COPD devices are used as a rescue therapy or permanent treatment for respiratory diseases and is the most advanced mode of administration of the drug. It is directly delivered to lungs. Thus, increasing the growth of the Asthma and Copd Market during the forecast period 2021-2026.

Asthma and Copd Devices Market Challenges

Increasing Price Competition and High Cost of Asthma Treatment

Some of the factors that are set to impede the growth of the Asthma and Copd Devices Market are increasing price competition and high cost of asthma treatment. Lack of reimbursement support, high cost of devices, increasing environmental concerns, and lack of material quality is also set to hinder the growth of the market during the forecast period 2021-2026.

Asthma and Copd Devices Market Landscape

Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Asthma and Copd Devices Market. In 2020, the Asthma and Copd Devices Market share is consolidated by the top ten players present in the market. The Asthma and Copd Devices Market, top 10 companies are Smith’s Group PLC, GF Health Products, Boehringer Ingelheim International GmbH, 3M Company, Glaxo SmithKline Plc, Philips and AstraZeneca PLC among others.

Relevant Titles:

Respiratory Devices Market - Forecast(2021 - 2026)

Report Code: HCR 0369

Europe Nebulizers Market - Forecast(2021 - 2026)

Report Code: HCR 1217

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1. Asthma and Copd Devices Market- Overview
    1.1 Definitions and Scope
2. Asthma and Copd Devices Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Product Type
    2.3 Key trends by Indication
    2.4 Key trends by End User
    2.5 Key trends by Geography
3. Asthma and Copd Devices Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Asthma and Copd Devices Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Asthma and Copd Devices Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Asthma and Copd Devices Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes
7. Asthma and Copd Devices Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Asthma and Copd Devices Market – By Product Type(Market Size –$Million/$Billion)
    8.1 Inhalers
        8.1.1 Drug Powder Inhalers
        8.1.2 Metered Dose Inhalers
        8.1.3 Soft Mist Inhalers
    8.2 Nebulizers
        8.2.1 Compressor Nebulizers
        8.2.2 Ultrasonic Nebulizers
        8.2.3 Mesh Nebulizers
9. Asthma and Copd Devices Market – By Indication(Market Size –$Million/$Billion)
    9.1 Asthma
    9.2 Copd
10. Asthma and Copd Devices Market – By End User(Market Size –$Million/$Billion)
    10.1 Hospitals
    10.2 Clinics
    10.3 Home Care
11. Asthma and Copd Devices Market- By Geography(Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia & New Zealand
        11.3.6 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Asthma and Copd Devices Market- Entropy
13. Asthma and Copd Devices Market– Industry/Segment Competition Landscape Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Competition Matrix
        13.1.5 Best Practices for Companies
14. Asthma and Copd Devices Market– Key Company List by Country Premium Premium
15. Asthma and Copd Devices Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10  Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global MARKET SEGMENTATION Market 2019-2024 ($M)
1.1 By Product Market 2019-2024 ($M) - Global Industry Research
1.1.1 Inhaler Market 2019-2024 ($M)
1.1.2 Nebulizer Market 2019-2024 ($M)
1.2 By Indication Market 2019-2024 ($M) - Global Industry Research
1.2.1 Asthma Market 2019-2024 ($M)
1.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 ($M)
2.Global COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
3.Global MARKET SEGMENTATION Market 2019-2024 (Volume/Units)
3.1 By Product Market 2019-2024 (Volume/Units) - Global Industry Research
3.1.1 Inhaler Market 2019-2024 (Volume/Units)
3.1.2 Nebulizer Market 2019-2024 (Volume/Units)
3.2 By Indication Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Asthma Market 2019-2024 (Volume/Units)
3.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 (Volume/Units)
4.Global COMPETITIVE LANDSCAPE Market 2019-2024 (Volume/Units)
5.North America MARKET SEGMENTATION Market 2019-2024 ($M)
5.1 By Product Market 2019-2024 ($M) - Regional Industry Research
5.1.1 Inhaler Market 2019-2024 ($M)
5.1.2 Nebulizer Market 2019-2024 ($M)
5.2 By Indication Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Asthma Market 2019-2024 ($M)
5.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 ($M)
6.North America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
7.South America MARKET SEGMENTATION Market 2019-2024 ($M)
7.1 By Product Market 2019-2024 ($M) - Regional Industry Research
7.1.1 Inhaler Market 2019-2024 ($M)
7.1.2 Nebulizer Market 2019-2024 ($M)
7.2 By Indication Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Asthma Market 2019-2024 ($M)
7.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 ($M)
8.South America COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
9.Europe MARKET SEGMENTATION Market 2019-2024 ($M)
9.1 By Product Market 2019-2024 ($M) - Regional Industry Research
9.1.1 Inhaler Market 2019-2024 ($M)
9.1.2 Nebulizer Market 2019-2024 ($M)
9.2 By Indication Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Asthma Market 2019-2024 ($M)
9.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 ($M)
10.Europe COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
11.APAC MARKET SEGMENTATION Market 2019-2024 ($M)
11.1 By Product Market 2019-2024 ($M) - Regional Industry Research
11.1.1 Inhaler Market 2019-2024 ($M)
11.1.2 Nebulizer Market 2019-2024 ($M)
11.2 By Indication Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Asthma Market 2019-2024 ($M)
11.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 ($M)
12.APAC COMPETITIVE LANDSCAPE Market 2019-2024 ($M)
13.MENA MARKET SEGMENTATION Market 2019-2024 ($M)
13.1 By Product Market 2019-2024 ($M) - Regional Industry Research
13.1.1 Inhaler Market 2019-2024 ($M)
13.1.2 Nebulizer Market 2019-2024 ($M)
13.2 By Indication Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Asthma Market 2019-2024 ($M)
13.2.2 Chronic Obstructive Pulmonary Disease Market 2019-2024 ($M)
14.MENA COMPETITIVE LANDSCAPE Market 2019-2024 ($M)

LIST OF FIGURES

1.US Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
2.Canada Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
3.Mexico Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
4.Brazil Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
5.Argentina Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
6.Peru Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
7.Colombia Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
8.Chile Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
9.Rest of South America Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
10.UK Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
11.Germany Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
12.France Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
13.Italy Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
14.Spain Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
15.Rest of Europe Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
16.China Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
17.India Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
18.Japan Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
19.South Korea Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
20.South Africa Asthma And Copd Devices Market Revenue, 2019-2024 ($M)
21.North America Asthma And Copd Devices By Application
22.South America Asthma And Copd Devices By Application
23.Europe Asthma And Copd Devices By Application
24.APAC Asthma And Copd Devices By Application
25.MENA Asthma And Copd Devices By Application