The asthma spacers market is projected to grow at a CAGR of 3.23% to reach US$2.395 billion by 2023, from US$1.979 billion in 2017. Growing prevalence of Asthma, chronic respiratory disease around the globe is considered as one of the key factor driving the growth of the market. According to World Health Organization nearly 235 million people suffer from asthma in the world and over 80% of the deaths occur in low and middle income countries. Increase in preference of minimally invasive procedure and technological advancement in the biotechnology and healthcare also fuels up the growth of the market. Moreover increasing healthcare awareness and rising disposable income in developing countries widens up the scope of growth for the asthma spacers market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Asthma Spacers value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Asthma Spacers market.
Major industry players profiled as part of the report are Pari Gmbh, GlaxoSmihKline plc, Lupin, Cipla, Clement Clarke and Medical Development International among others
The Asthma Spacers market has been analyzed through following segments:
By Product Type
By Distribution Channel
Middle East and Africa
United Arab Emirates