Pulmonary Drug Delivery Devices Systems Market Scope And Analysis

  • Report Code : TIPHE100001256
  • Category : Life Sciences
  • No. of Pages : 150
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Pulmonary Drug Delivery Systems Market Analysis, Scope, and Growth by 2031

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Pulmonary Drug Delivery Systems Market Report Scope

Report Attribute Details
Market size in 2023 US$ 49.71 Billion
Market Size by 2031 US$ 73.14 Billion
Global CAGR (2023 - 2031) 4.9%
Historical Data 2021-2023
Forecast period 2023-2031
Segments Covered By Product
  • Dry Powder Inhalers
  • Nebulizers
  • Metered Dose Inhalers
By Indication
  • Asthma
  • Chronic Obstructive Pulmonary Diseases
  • Cystic Fibrosis
By Distribution Channel
  • Hospital Pharmacies
  • Retail Pharmacies
  • E-Commerce
By End User
  • Hospitals & Clinics and Homecare
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • AstraZeneca
  • GlaxoSmithKline Plc
  • Novartis AG
  • Koninklijke Philips NV
  • Boehringer Ingelheim International GmbH
  • Cipla Inc
  • OMRON Corp
  • PARI GmbH
  • Glenmark Pharmaceuticals
  • Industry Developments and Future Opportunities:

    The pulmonary drug delivery systems market report includes company positioning and concentration to evaluate the performance of competitors in the market. As per company press releases, below are a few initiatives taken by key players operating in the market:

    • In March 2021, PARI Pharma GmbH received the authorization of LAMIRA Nebulizer System for delivery of Insmed’s drug product ARIKAYCE (amikacin liposome inhalation suspension) in Japan. Insmed received approval for ARIKAYCE by Japan’s Ministry of Health, Labour, and Welfare in March 2021. The approval of ARIKAYCE in the country follows earlier approvals in the US and Europe.
    • In December 2020, the European Commission approved AstraZeneca’s Trixeo Aerosphere in the European Union for COPD. It is used in the treatment of adult patients suffering from moderate to severe COPD. Trixeo Aerosphere is a single-inhaler, fixed-dose triple-combination of formoterol fumarate, glycopyrronium bromide, with budesonide, and an inhaled corticosteroid, and delivered in a pressurized metered-dose inhaler.

    Competitive Landscape and Key Companies:

    The pulmonary drug delivery systems market forecast can help stakeholders plan their growth strategies. AstraZeneca, GlaxoSmithKline Plc, Novartis AG, Koninklijke Philips NV, Boehringer Ingelheim International GmbH, Cipla Inc., OMRON Corp., PARI GmbH, Glenmark Pharmaceuticals, and Gilbert Technologies are among the prominent players in the market. These companies focus on introducing new high-tech products, advancements in existing products, and geographic expansions to meet the growing consumer demand worldwide.