Feb 24, 2022   SOURCE: BusinessWire

Global Aerosol Delivery Devices Market 2022-2027 - Cumulative & Regional Data by Application and Distribution Channel for Dry Powder Inhalers, Metered Dose Inhalers, and Nebulizers - ResearchAndMarkets.com

The "Aerosol Delivery Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.

The global aerosol delivery devices market reached a value of US$ 41.45 billion in 2021. Looking forward, the market is projected to reach a value of US$ 60.14 billion by 2027 exhibiting a CAGR of 5.70% during 2022-2027.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

The global outbreak of the coronavirus disease (COVID-19) that leads to acute respiratory infections among patients represents one of the key factors driving the need for aerosol delivery devices. These devices assist in treating obstructive airway diseases at home and in healthcare settings.

Apart from this, the rising prevalence of chronic respiratory infections due to surging air pollution levels, allergens and occupational risks, and the increasing number of individuals who smoke tobacco and drink is propelling the market growth. Moreover, a considerable rise in the geriatric population, which is more vulnerable to developing serious health illnesses, is positively influencing the demand for portable inhalation devices that are convenient and economical.

Besides this, market players are developing novel aerosol delivery devices that help treat chronic inflammation and infection in the lungs and improve airway clearance in patients with cystic fibrosis (CF). Furthermore, they are offering mini ultrasonic nebulizers and inhalers through e-commerce channels that have automatic memory and are easy to use while traveling. This, in confluence with the escalating demand for personalized drug therapy and the increasing use of online channels for purchasing medical supplies, is driving the market.

Key Market Segmentation

This report provides an analysis of the key trends in each sub-segment of the global aerosol delivery devices market, along with forecasts at the global, regional and country level from 2022-2027. The report has categorized the market based on product, application and distribution channel.

Breakup by Product:

  • Dry Powder Inhalers
    • Single Dose Inhalers
    • Multi Dose Inhalers
  • Metered Dose Inhalers
    • Conventional Pressurized Inhalers
    • Soft Mist Inhalers
  • Nebulizers
    • Jet Nebulizers
    • Ultrasonic Wave Nebulizers
    • Vibrating Mesh Nebulizers

Breakup by Application:

  • Asthma
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Cystic Fibrosis
  • Non-Respiratory Diseases
    • Diabetes
    • Analgesia
    • Parkinson's Disease

Breakup by Distribution Channel:

  • Retail Pharmacies
  • Hospital Pharmacies
  • Online Stores

Breakup by Region:

  • North America
  • Asia-Pacific
  • Europe
  • Latin America
  • Middle East and Africa

Competitive Landscape

The competitive landscape of the industry has also been examined along with the profiles of the key players being:

  • 3M Company
  • Aerogen
  • GlaxoSmithKline plc
  • Johnson & Johnson
  • Koninklijke Philips N.V.
  • Merck & Co. Inc.
  • Metall Zug AG
  • Recipharm AB (publ)
  • Teva Pharmaceutical Industries Ltd.
  • Vectura Group plc

Key Questions Answered in this Report

  • How has the global aerosol delivery devices market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global aerosol delivery devices market?
  • What are the key regional markets?
  • What is the breakup of the market based on the product?
  • What is the breakup of the market based on the application?
  • What is the breakup of the market based on the distribution channel?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global aerosol delivery devices market and who are the key players?
  • What is the degree of competition in the industry?

For more information about this report visit https://www.researchandmarkets.com/r/co5wm2