Dry Powder Inhaler Market Overview
Dry powder inhaler is referred to a device that helps to deliver medication to the lungs in the form of dry powder. Dry powder inhaler is widely used to treat respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD) and others. Dry powder inhaler is very easy and convenient way to deliver medicine into human being.
Market Size and Forecast
The global dry powder inhaler market is expected to grow at a robust growth over the forecast period i.e. 2017-2024. Further, the market of dry powder inhaler is riding on the back of various factors such as growing prevalence of respiratory diseases such as asthma and others. Moreover, rising demand for advanced healthcare devices for the treatment of chronic diseases is envisioned to boost the demand for dry powder inhaler.
Download Research Study with Latest Advancements & Application:
On the basis of application, the global dry powder inhaler market is segmented into asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis, cardiovascular disease, diabetes and others. Moreover, asthma segment captured the largest market of overall dry powder inhaler market in 2016. Likely, this growth of asthma segment is attributed to the growing asthma affected population.
In terms of regional platform, North America is expected to capture the largest share of the global dry powder inhaler market as they are early adopters of advance healthcare technologies. Additionally, U.S. is anticipated to be the major contributor towards the growth of dry powder inhaler market owing to increasing research and development activities related to healthcare devices. Moreover, presence of major key players of dry powder inhaler such as Mannkind Corporation is believed to flourish the growth of dry powder inhaler market in North America region.
Europe region accounted the second largest market of dry powder inhaler in terms of revenue in 2016. Moreover, increasing asthma patients and rising government healthcare investment are the factors propelling the growth of dry powder inhaler market in Europe region. Asia-Pacific region is expected to showcase a highest CAGR over the forecast period due to emerging economies nations such as China and India. Moreover, Japan and China are the dominating country in this region owing to growing geriatric population and rising disposable income of the population.
The major key players for dry powder inhaler market are as follows:
Mannkind Corporation, Cipla Inc., Hovione FarmaCiencia SA, GlaxoSmithKline Plc., Meda Pharmaceuticals Inc., 3M Company, AstraZeneca Plc., Vectura Group Plc., Teicos Pharma Ltd, Teva Pharmaceutical Industries, Scope and Context AND OTHERS
Our in-depth analysis segmented the global dry powder inhaler market in the following segments:
Chronic Obstructive Pulmonary Disease (COPD)
Hospitals & Clinics
Get Complete Access of Study Report:
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
Phone: +1 313 462 0609