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Worldwide COPD and Asthma Devices Market 2017- Strategy Resources, Manufacturers,Supply and Forecasts 2023

Global Market Research Report on COPD and Asthma Devices Market 2017 is a professional and in-depth complete study on the current state of the COPD and Asthma Devices worldwide.

 

Deerfield Beach, FL -- (SBWIRE) -- 04/03/2017 -- The world COPD and asthma devices market is expected to reach $41,355.2 million by 2022. The major factors driving the market growth include increasing awareness for respiratory diseases, such as asthma and emphysema, and rising incidence of respiratory diseases caused due to cigarette consumption. The growth of the market would be boosted due to increase in healthcare expenditure, growth in the use of automation in healthcare industry, and rapid adoption of advanced medical solutions. Currently, most of healthcare practitioners and pulmonary diseases specialists prefer a combination of a drug and a device, for instance inhaler and nebulizer, owing to its fast and effective outcome. However, the market growth could be hindered due to high cost associated with nebulizers, side effects occurring due to excessive dosage, and lack of awareness regarding drug inhalation.

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COPD and asthma devices, also known as pulmonary drug delivery devices, are used as a permanent treatment or rescue therapy for respiratory diseases and other related ailments. It is the most advanced mode of drug administration in which the drug is directly delivered to the lungs to provide a systemic effect. COPD and asthma have significant shares in the global respiratory diseases market. According to the Global Initiative for Asthma (GINA), around 300 million people across the world suffer from asthma every year. COPD, being the 3rd leading cause for death, led to the death of 3 million people in 2013. Thus, a variety of drug-delivery protocols, such as oral and parenteral delivery, are developed for the treatment of COPD and asthma. However, the pulmonary drug delivery system is the most effective treatment option as compared to the other conventional methods.

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The COPD and asthma devices market is segmented based on product type and geography.

By Product Types

Inhalers
Drug powder inhalers (DPIs)
Metered dose inhalers (MDIs)
Soft mist inhalers (SMIs)
Nebulizers
Compressor nebulizers
Ultrasonic nebulizers
Mesh nebulizers

By Geography

North America

U.S.
Canada
Mexico

Europe

UK
Germany
France
Italy
Russia
Others

Asia-Pacific

India
China
Japan
Australia
Others

LAMEA

Brazil
Argentina
Colombia
Saudi Arabia
Turkey
Others

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