Emerging Trends, Drivers and Challenges in the Asthma Spacers Market 2019-2023 | Technavio

Technavio has announced its latest market research report titled global asthma spacers market 2019-2023. (Graphic: Business Wire)

LONDON--()--The global asthma spacers market size is poised to grow by USD 297.72 million during 2019-2023, according to a new report by Technavio, progressing at a CAGR of over 4% during the forecast period.

Read the 108-page research report with TOC on "Asthma spacers Market Analysis Report by distribution channel (hospitals and retail pharmacies and online stores) and geography (the Americas, APAC, and EMEA) 2019-2023" at: https://www.technavio.com/report/global-asthma spacers-market-industry-analysis

The market is driven by the growing demand for respiratory care. Also, the increase in online retail is anticipated to further boost the growth of the market during the forecast period.

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The growing demand for respiratory care is expected to drive the growth of the global asthma spacers market. Allergy, pollution, and smoking can result in several respiratory diseases such as obstructive airway diseases such as asthma, COPD, and cystic fibrosis. Though COPD is not curable, medical and physical treatments are available to relieve symptoms. The aerosol therapy helps in relieving symptoms by enabling drug delivery directly into the lower airways for either topical or systemic effect. Healthcare practitioners and pharmacists recommend asthma spacers to patients taking Inhaler therapy for uncontrolled asthma and COPD as these devices improve hand-breath coordination while reducing the side effects of inhaled medication.

Owing to the ease of shopping offered by online shopping, this trend has significantly increased. Besides, the prices offered by online stores are usually lower when compared with retail stores because of low overhead costs. Both domestic and international vendors sell their products on online portals such as eBay and Amazon. This helps in the promotion and enhancement of their brands. Thus, the increase in online retail will drive the growth of the market.

To find out more about Asthma spacers Market Research 2019-2023, https://www.technavio.com/talk-to-us?report=IRTNTR30493

The report includes detailed profiles of the leading companies & prominent vendors of the market:

  • ALLERGAN
  • Cipla
  • Koninklijke Philips
  • LUPIN
  • Medical Developments International

Market Segmentation by Distribution Channel:

The Asthma Spacers Market can be broadly categorized into the following:

  • Hospital and retail pharmacies
  • Online stores

Key Regions for the Asthma Spacers Market:

Featuring a breakdown of region-wise market shares until 2019.

  • The Americas
  • APAC
  • EMEA

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

Related Reports on Healthcare are:

Respiratory Drugs Market – Global Respiratory Drugs Market by type (asthma, chronic obstructive pulmonary disease (COPD), allergic rhinitis, cystic fibrosis, idiopathic pulmonary fibrosis, and other respiratory disorders) and geography (the Americas, APAC, and EMEA).

Digital Dose Inhalers Market – Global Digital Dose Inhalers Market by product (metered dose and soft mist inhalers and dry powder inhalers) and geography (Asia, Europe, North America, and ROW).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Release Summary

The global asthma spacers market size is poised to grow by USD 297.72 million during 2019-2023, according to a new report by Technavio

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com