Global Digital Dose Inhalers Market to Reach a Value of US$ 4.3 Bn by 2027, Growing at a CAGR of 10% from 2019 to 2027: Transparency Market Research
The impact of digital transformation on the healthcare industry has been stupendous. Use of digital dose inhalers has fostered improvements across the healthcare sector, generating fresh hope amongst medical practitioners and patients
ALBANY, New York, Feb. 5, 2020 /PRNewswire/ -- The healthcare industry is constantly on the lookout for new and improved technologies that can help toward enhancing the bar of medical wellbeing. Furthermore, the rising incidence of chronic diseases, especially amongst the younger population, has also caused radical changes in the approach of healthcare units. The industry has drifted away from its conservative approach to treatment, and has endorsed a more pragmatic, digitally-driven, and holistic healthcare framework. The use of digital dose inhalers in the healthcare industry stems from the aforementioned change in industrial propensities. The total volume of revenues within the global digital dose inhalers market is set to increase by leaps and bounds in the times to follow. The global digital dose inhalers market is poised to expand at a commendable CAGR of 10.0% over the period between 2019 and 2027, reaching a value of US$ 4.3 Bn by 2027. Besides, there is little contention about the development of new streams for revenue inflow in this market.
The tenets of development within the healthcare industry are enshrined in the success of research and development initiatives. Availability of research-based evidence to support the positive effects of using digital inhalers has aided market growth.
Rising incidence of asthma, especially amongst young adults and kids, has been at the forefront of market growth and maturity.
Based on the type of product, the demand for metered dose inhalers is gradually overtaking the demand for dry powder inhalers.
The importance of timely administration of doses has compelled the older population to resort to the use of digital dose inhalers.
Approvals from medical research institutes have helped in reconciling the growth dynamics of the market.
Global Digital Dose Inhalers Market: Demand Drivers
The use of digital dose inhalers shall gather momentum in the times to follow. These inhalers have helped users in understanding their daily dosage requirements, and has emerged as a panacea for them. Excessive dosage can be fatal for the users, thus, necessitating the use of devices that can measure and control dosage. The next decade is expected to witness the emergence of fresh demand within the global digital dose inhalers market. The following trends shall contribute to the growth of the global market:
Rising incidence of pulmonary diseases such as asthma and chronic obstructive pulmonary disease (COPD) is an important consideration for the vendors.
The focus on digital transformation and development of new-age devices within healthcare has been of value for the digital dose inhalers market.
Approvals from the Food and Drug Administration (FDA) have helped sellers of digital inhalers to capture a larger market share.
Gather pragmatic insights and fact-based inferences about the growth of the Digital Dose Inhalers Market (Product: Metered Dose Inhalers and Dry Powder Inhalers; Application: Asthma, COPD (Chronic Obstructive Pulmonary Disease), and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at:
Global Digital Dose Inhalers Market: Regional Analysis
North America has been at the forefront of market growth and maturity, majorly due to swift adoption of digital technologies in healthcare. The US has invested in new research initiatives, creating room for the inflow of fresh revenues into the global digital dose inhalers market.
Asia Pacific is expected to accumulate stellar revenues in the digital dose inhalers market. The high incidence of pulmonary disorders in the region has played a defining role in market growth.
Analyze digital dose inhalers market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea. Request a sample of the study,
The leading vendors in the global digital dose inhalers market are banking on their ability to provide accurate and errorless devices. In 2019, FDA approved Teva Pharmaceutical Industries' ProAir Digihaler meant to control asthma and COPD. Some of the other key vendors in the global digital dose inhalers market are GlaxoSmithKline plc. 3M, AptarGroup, Inc., Sensirion AG Switzerland, and Cipla Inc.
Digital Dose Inhalers Market by Product
Metered Dose Inhalers
Dry Powder Inhalers
Digital Dose Inhalers Market by Application
COPD (Chronic Obstructive Pulmonary Disease)
Digital Dose Inhalers Market by Region
Rest of Europe
Rest of Asia Pacific
Rest of Latin America
Middle East & Africa
Rest of Middle East & Africa
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