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Digital Dose Inhalers - Global Strategic Business Report

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    Report

  • 507 Pages
  • April 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 5303006

Global Digital Dose Inhalers Market to Reach $7.2 Billion by 2030

The global market for Digital Dose Inhalers estimated at US$3.2 Billion in the year 2023, is projected to reach a revised size of US$7.2 Billion by 2030, growing at a CAGR of 10.6% over the analysis period 2023-2030.

Metered Dose Inhalers, one of the segments analyzed in the report, is projected to record 10% CAGR and reach US$4.4 Billion by the end of the analysis period. Growth in the Dry Powder Inhalers segment is estimated at 11.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 13.2% CAGR

The Digital Dose Inhalers market in the U.S. is estimated at US$1.4 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$669.8 Million by the year 2030 trailing a CAGR of 13.2% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 8.9% and 9.4% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 10.2% CAGR.

Exciting New Report Features

  • Full access to influencer engagement stats
  • Free access to digital archives & research platform. The proprietary platform is fully enabled to unlock creativity and market knowledge of domain experts worldwide in a cohesive and collaborative manner. The state-of-art tools bring world class market perspectives while protecting participants` privacy and identity. Numbers, statistics and market narrative in the report are based on fully curated insights shared by domain experts and influencers in this space.
  • Opportunity to engage with interactive questionnaires that come with real-time data simulator tools & bespoke report generation capabilities
  • Full client access to peer collaborative and interactive platform for cross-enterprise smart exchange of ideas
  • Complimentary report updates for one year
  • Competitor coverage with global market shares of major players
  • Player market presence analysis (Strong/Active/Niche/Trivial) across multiple geographies
  • Access to curated YouTube video transcripts of domain experts/influencer interviews, podcasts, press statements and event keynotes

What to Expect from the Global Economy in 2024

Edgy geopolitics, and economic instability caused by monetary policy tightening and ensuing higher interest rates will create a tumultuous landscape for 2024. Several factors will continue to exert pressure on the path to recovery including hostilities in the Middle East and increasingly common climate disasters. Among the risks, several positives are also taking shape such as growing signs of disinflation and easing of anxiety over stubborn inflation, supply chain normalization and price moderation despite volatility in energy costs. Elections across several G21 jurisdictions, notably in India and the United States, will have potential ramifications for capital flows and investment strategies. While India emerges as a compelling destination in the global investment landscape, U.S, based tech firms will continue to dominate, fueled by a dynamic ecosystem of talent and capital. Tech opportunities in Silicon Valley and beyond remain attractive for investors seeking high-growth prospects supported largely by a resilient albeit slowing domestic economy and conducive regulatory environment. Europe will continue to battle tight monetary policy and recession risks with U.K. having the most challenging outlook and running the greatest risk of recession in 2024. China remains a wild card with hope for growth in the country underpinned by government spending and improvements in consumer spending. The volatile environment will offer both opportunities and challenges for investors and businesses alike. Embracing volatility as a catalyst for growth together with agility and strategic foresight in navigating investment decisions will remain important for survival.

Select Competitors (Total 53 Featured)

  • Beximco Pharmaceuticals Ltd.
  • 3M Company
  • AstraZeneca PLC
  • Boehringer Ingelheim International GmbH
  • Cipla Ltd.
  • Chiesi Farmaceutici SpA
  • AptarGroup, Inc.
  • Bespak Europe Ltd.
  • Berry Global, Inc.
  • BIOCORP
  • Adherium (NZ) Limited
  • Amiko Digital Health Limited
  • Aerami Therapeutics
  • Cognita Labs
  • AireHealth, LLC

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession; Living with COVID-19, the New Normal
  • Stagflation and Risk of Recession: New Challenges Emerge for the Global Market
  • World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2021, 2022, 2023 and 2024
  • COVID-19 Healthcare Emergency Highlights Critical Significance of Digital Dose Inhalers
  • Ongoing Studies Exploring Use of Inhalers-based Therapies to Treat COVID-19
  • COVID-19 Pandemic Pushes Patient Compliance Linked with Inhaler-based Drug Regime
  • Pandemic Accelerates Transition to pMDIs with VHCs
  • Research Shows Asthma Drug to be Effective in Treating COVID-19
  • Competitive Scenario
  • Digital Dose Inhalers - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Market Prospects and Outlook: High Prevalence of Respiratory Diseases Keeps Digital Dose Inhalers Market in Hale & Hearty Condition
  • World Digital Dose Inhalers Market by Application (2024 & 2030): Percentage Breakdown of Sales for Asthma, COPD, and Other Applications
  • Salient Growth Drivers
  • Analysis by Product: Metered Dose Inhalers Occupy Commanding Share
  • World Digital Dose Inhalers Market by Product (2024 & 2030): Percentage Breakdown of Sales for Metered Dose Inhalers, and Dry Powder Inhalers
  • Analysis by Type of Medication: Branded Medications Segment Hold Major Share
  • World Digital Dose Inhalers Market by Type of Medication (2024 & 2030): Percentage Breakdown of Sales for Branded, and Generic
  • Regional Analysis: North America to Retain Leadership Position in Digital Dose Inhalers Market
  • Developed Regions Account for Lion's Share of World Digital Dose Inhalers Market: Percentage Breakdown of Sales for Developed and Developing Regions (2024 & 2030)
  • Global Market for Digital Dose Inhalers - Geographic Regions Ranked by % CAGR (Sales) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Europe, Canada, and Japan
  • An Introduction to Digital Dose Inhalers - Smart Aids to Manage Dose Delivery for Respiratory Conditions
  • Digital Inhaler Health Platforms
  • Metered Dose Inhalers (MDI)
  • Dry Powder Inhalers (DPI)
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Digital Inhalers: A Significant Leap Forward for Respiratory Disease Management
  • Asthma & Respiratory Management as Twin Goals for Digital Technology
  • Respiratory Care Domain Perfectly Ripe for Adoption of Digital Devices
  • Healthcare Market Enjoys Striking Leap Forward with Increasing Influx of IoT
  • Global IoT Market (In US$ Billion) by Industry for the Years 2018 and 2023E
  • Number of Connected Medical Devices in Million: 2018-2025
  • Digital Dose Inhaler Technology Sees Proliferation of IoT
  • Advantages of the IoT-Enabled Digital Dose Inhaler
  • Market to Gain from Ongoing R&D Emphasis on Advanced Treatments for Pulmonary Diseases
  • Established Role of Inhaler Therapy in Respiratory Care Augurs Well
  • Growing Prevalence of Asthma Provides the Perfect Platform for Market Expansion
  • Role of Respiratory Inhalers in Asthma
  • Asthma Rescue Inhalers Medications
  • Asthma Long-Term Medications
  • Rising Prevalence of Asthma in Children Supports Growth
  • Asthma Prevalence in the US by Age
  • Asthma Prevalence in the US by Gender
  • Asthma Prevalence in the US by Race/Ethnicity
  • Slew of Smart Digital Technology & Tools for Asthma Care
  • Mounting Burden of COPD Drives Demand for Digital Dose Inhaler Technology
  • COPD Stats
  • Global Prevalence of COPD: Percentage of Men and Women Affected by Age Group
  • Prevalence Percentage of COPD, Asthma, and Allergic Rhinitis for Select Countries
  • Global Cost of Respiratory Therapy by Disease (2023E): Percentage Breakdown of Therapy Costs for Asthma, Chronic Obstructive Pulmonary Disease (COPD), Idiopathic Pulmonary Fibrosis, and Others
  • Dry Powder Inhalers Set to Make Big Gains
  • Green Thumbs Up with Rising Uptake of Dry Powder Inhalers
  • Metered Dose Inhalers Continue to Exhibit Sustained Growth Momentum
  • Smart Inhalers Come to the Fore
  • Smart Inhalers Strike Right Chord with Medication Adherence Application
  • Artificial Intelligence Plays Significant Role in Automation and Improving Outcomes
  • Global Healthcare Artificial Intelligence Market by Application: 2023E
  • Artificial Intelligence to Add Sophistication to Inhaler Technology
  • New HME Method to Augment Inhaler Technology
  • 3D Printing Seeks Role in Inhaler Manufacturing
  • Rise in Air Pollution Levels Trigger Demand for Respiratory Devices and Inhalers
  • Global Indoor Air Pollution Related Fatalities by Health Condition (In %) for 2023E
  • World Ranking of Most Polluted Countries
  • Percentage Share Breakdown of Global Deaths Linked to Air Pollution
  • Ranking of Global Number of Deaths by Risk Factor
  • Uptrend in Healthcare Spending to Result in Improved Opportunities
  • World Healthcare Expenditure (In US$ Billion) for the Years 2017, 2019, 2021 & 2023
  • Healthcare Costs as a % of GDP by Country for the Years 2020 & 2023
  • Vulnerability of Growing Geriatric Population to Respiratory Diseases Enhances Prospects for Digital Inhalers
  • Elderly Healthcare Expenditure as a % of GDP
  • Global Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
  • Life Expectancy at Age 60 and 80 Years - (2010-2015), (2020-2025) & (2045-2050)
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Digital Dose Inhalers Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
  • Table 2: World Recent Past, Current & Future Analysis for Digital Dose Inhalers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 3: World Historic Review for Digital Dose Inhalers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 4: World 16-Year Perspective for Digital Dose Inhalers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
  • Table 5: World Recent Past, Current & Future Analysis for Metered Dose by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 6: World Historic Review for Metered Dose by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 7: World 16-Year Perspective for Metered Dose by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 8: World Recent Past, Current & Future Analysis for Dry Powder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 9: World Historic Review for Dry Powder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 10: World 16-Year Perspective for Dry Powder by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 11: World Recent Past, Current & Future Analysis for Branded by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 12: World Historic Review for Branded by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 13: World 16-Year Perspective for Branded by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 14: World Recent Past, Current & Future Analysis for Generic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 15: World Historic Review for Generic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 16: World 16-Year Perspective for Generic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 17: World Recent Past, Current & Future Analysis for Asthma by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 18: World Historic Review for Asthma by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 19: World 16-Year Perspective for Asthma by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 20: World Recent Past, Current & Future Analysis for COPD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 21: World Historic Review for COPD by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 22: World 16-Year Perspective for COPD by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
  • Table 23: World Recent Past, Current & Future Analysis for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
  • Table 24: World Historic Review for Other Applications by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
  • Table 25: World 16-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Digital Dose Inhalers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)
CANADA
JAPAN
  • Digital Dose Inhalers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)
CHINA
EUROPE
  • Digital Dose Inhalers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)
FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE
ASIA-PACIFIC
  • Digital Dose Inhalers Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)
AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Beximco Pharmaceuticals Ltd.
  • 3M Company
  • AstraZeneca PLC
  • Boehringer Ingelheim International GmbH
  • Cipla Ltd.
  • Chiesi Farmaceutici SpA
  • AptarGroup, Inc.
  • Bespak Europe Ltd.
  • Berry Global, Inc.
  • BIOCORP
  • Adherium (NZ) Limited
  • Amiko Digital Health Limited
  • Aerami Therapeutics
  • Cognita Labs
  • AireHealth, LLC

Table Information