The North America smart inhalers market is expected to reach US$ 3,749.90 Mn in 2027 from US$ 503.91 Mn in 2018. The market is estimated to grow with a CAGR of 25.7% from 2019-2027.
The growth of the market is driven by the factors such as, growing geriatric population rising prevalence of COPD and asthma, along with rising awareness regarding the medical condition. However, the market is likely to get impacted due to risks associated with cyber threats limited knowledge regarding the use of smart inhalers.
The cases of asthma and COPD has been increasing across the globe at a significant rate. During recent years, there has been rise in the number of smokers as well as air pollution in developed as well as developing countries. Asthma is a non-communicable disease categorized by recurrent attacks of breathlessness and wheezing, which differ in severity and frequency from person to person. While an asthma attack occurs, the lining of the bronchial tubes swells, affecting the airways to narrow, hence limiting the flow of air into and out of the lungs. Recurrent asthma symptoms frequently lead to feeling of daytime fatigue, sleeplessness, reduced activity levels and school and work absence. As per estimates provided by the WHO, there are currently 235 million people suffering from asthma across the globe. As per the Centers for Disease Control and Prevention (CDC), the number of adults above 18 years of age currently having asthma are approximately 19 million in the United States, accounting for almost 7.7% of the total adult population.
Similarly, there has been rising prevalence of COPD across the North America. Chronic obstructive pulmonary disease (COPD) is a progressive fatal lung disease that leads to breathlessness, leading to predisposes then exacerbations and later causes serious illness. As per the Global Burden of Disease Study report, a prevalence of around 251 million cases of COPD were recorded globally during the year 2016. It is estimated that globally approximately 3.17 million deaths were caused due to COPD during the year 2015, accounting for almost 5% of all deaths in 2015. The prevalence of COPD has been high in developed nations during the recent years. For instance, COPD is recognized as the third leading cause of death by disease in the United States. Approximately, 11 million individual are diagnosed with COPD. Hence, the rising prevalence of respiratory conditions such as asthma and COPD is anticipated to fuel the growth of the smart inhalers market across the globe at an exponential rate.
US is expected to lead the market in the North America region because the US has presence of various associations which provide help in the field of lung diseases. For instance, American Lung Association conducts research activities, education and training as well as undertakes initiatives to offer better treatment and support for the patients suffering with respiratory conditions such as asthma, COPD, influenza, lung cancer, pneumonia, and pulmonary fibrosis among others. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the North America region during the forecast period.
Mexico Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
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NORTH AMERICA SMART INHALERS – MARKET SEGMENTATION
By Product
- Inhalers
- Nebulizers
By Disorder
- Asthma
- Chronic Obstructive Pulmonary Disease (COPD)
By End User
- Home-care Settings
- Hospitals & Clinics
By Geography
North America
- US
- Canada
- Mexico
Company Profiles
- GlaxoSmithKline plc
- Adherium Ltd.
- Vectura Group plc
- Novartis AG
- Findair Sp. z o. o.
- Cohero Health
- Crux Product Design Ltd
- Teva Pharmaceuticals
- 3M
- Amiko Digital Health Limited
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product, Disorder, End User, and Country
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
US, Canada
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
2. North America Smart Inhalers Market Market – Key Takeaways
3. North America Smart Inhalers Market – Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 North America Smart Inhalers Market – By Product
3.2.2 North America Smart Inhalers Market – By Disorder
3.2.3 North America Smart Inhalers Market – By End User
3.2.4 North America Smart Inhalers Market – By North America Region
3.3 Pest Analysis
4. North Americasmart Inhalers Market – Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Increasing Levels of Air Pollution as well as Rise in the Smoking Habits
4.1.2 Rising Prevalence of Asthma and COPD Across the North America
4.1.3 Growing Geriatric Population
4.2 Key Market Restraints
4.2.1 Risks Associated with Cyber Threats
4.2.2 Limited Knowledge Regarding the Use of Smart Inhalers
4.3 Key Market Opportunity
4.3.1 Growth in the North America Healthcare Market
4.4 Future Trend
4.4.1 Increasing Acceptance of Mobile Health Technology
4.5 Impact Analysis
5. Smart Inhalers Market – North America Analysis
5.1 North America Smart Inhalers Market Revenue Forecasts And Analysis
5.2 Performance Of Key Players
6. Smart Inhalers Market Analysis And Forecasts To 2027 – Product
6.1 Overview
6.2 North America Smart Inhalers Market Share By PRODUCT 2018 & 2027 (%)
6.3 Inhalers Market
6.3.1 Overview
6.3.2 Inhalers Market Revenue and Forecast to 2027 (US$ Mn)
6.4 Nebulizers Market
6.4.1 Overview
6.4.2 Nebulizers Market Revenue and Forecast to 2027 (US$ Mn)
7. Smart Inhalers Market Analysis And Forecasts To 2027 – Disorder
7.1 Overview
7.2 North America Smart Inhalers Market Share By Application 2018 & 2027 (%)
7.3 Asthma Diabetes
7.3.1 Overview
7.3.2 Asthma Market Revenue and Forecast to 2027 (US$ Mn)
7.4 CHRONIC OBSTRUCTIVE PULMONARY DISEASE Market
7.4.1 Overview
7.4.2 Chronic Obstructive Pulmonary Disease Market Revenue and Forecast to 2027 (US$ Mn)
8. Smart Inhalers Market Analysis And Forecasts To 2027 – End User
8.1 Overview
8.2 North America Smart Inhalers Market Share By End User 2018 & 2027 (%)
8.3 Hospitals & Clinics Market
8.3.1 Overview
8.3.2 Hospitals & Clinics Market Revenue and Forecast to 2027 (US$ Mn)
8.4 Home Care Settings Market
8.4.1 Overview
8.4.2 Home-Care Settings Market Revenue and Forecast to 2027 (US$ Mn)
9. Smart Inhalers Market Revenue And Forecasts To 2027 – North America Analysis
9.1 North America Smart Inhalers Market Revenue And Forecasts To 2027
9.1.1 North America Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.2 North America Smart Inhalers Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.1.3 North America Smart Inhalers Market Revenue And Forecasts to 2027, By Disorder (US$ Mn)
9.1.4 North America Smart Inhalers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.1.5 North America Smart Inhalers Market Revenue And Forecasts to 2027, By Country (%)
9.1.6 US Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.6.1 US Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.6.2 US Smart Inhalers Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.1.6.3 US Smart Inhalers Market Revenue And Forecasts to 2027, By Disorder (US$ Mn)
9.1.6.4 US Smart Inhalers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.1.7 Canada Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.7.1 Canada Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.7.2 Canada Smart Inhalers Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.1.7.3 Canada Smart Inhalers Market Revenue And Forecasts to 2027, By Disorder (US$ Mn)
9.1.7.4 Canada Smart Inhalers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9.1.8 Mexico Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.8.1 Mexico Smart Inhalers Market Revenue and Forecasts to 2027 (US$ Mn)
9.1.8.2 Mexico Smart Inhalers Market Revenue And Forecasts to 2027, By Product (US$ Mn)
9.1.8.3 Mexico Smart Inhalers Market Revenue And Forecasts to 2027, By Disorder (US$ Mn)
9.1.8.4 Mexico Smart Inhalers Market Revenue And Forecasts to 2027, By End User (US$ Mn)
10. Smart Inhalers Market– Industry Landscape
10.1 Overview
10.2 Comparative Company Analysis
10.3 Growth Strategies Done By The Companies In The Market, (%)
10.4 Organic Developments
10.4.1 Overview
10.5 Inorganic Developments
10.5.1 Overview
11. Smart Inhalers Market–Key Company Profiles
11.1 Glaxosmithkline Plc.
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Financial Overview
11.1.4 Product Portfolio
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Adherium Limited
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Financial Overview
11.2.4 Product Portfolio
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Novartis AG
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Financial Overview
11.3.4 Product Portfolio
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 Vectura Group Plc
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Financial Overview
11.4.1 Product Portfolio
11.4.2 SWOT Analysis
11.4.3 Key Developments
11.5 Cohero Health, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Financial Overview
11.5.4 Product Portfolio
11.5.5 SWOT Analysis
11.5.6 Key Developments
11.6 Crux Product Design Ltd
11.6.1 Key Facts
11.6.2 Business Description
11.6.3 Financial Information
11.6.4 Product Portfolio
11.6.5 SWOT Analysis
11.6.6 Key Developments
11.7 Findair Sp. Z O. O.
11.7.1 Key Facts
11.7.2 Business Description
11.7.3 Financial Overview
11.7.4 Product Portfolio
11.7.5 SWOT Analysis
11.7.6 Key Developments
11.8 Teva Pharmaceutical Industries Ltd.
11.8.1 Key Facts
11.8.2 Business Description
11.8.3 Financial Overview
11.8.4 Product Portfolio
11.8.5 SWOT Analysis
11.8.6 Key Developments
11.9 3m
11.9.1 Key Facts
11.9.2 Business Description
11.9.3 Financial Overview
11.9.4 Product Portfolio
11.9.5 SWOT Analysis
11.9.6 Key Developments
11.10 Amiko Digital Health Limited
11.10.1 Key Facts
11.10.2 Business Description
11.10.3 Financial Overview
11.10.4 Product Portfolio
11.10.5 SWOT Analysis
11.10.6 Key Developments
12. Appendix
12.1 About The Insight Partners
12.2 Glossary Of Terms
LIST OF TABLES
Table 1. Total Number Of Persons Aged 60 Years Or Above In North America, 2017 & 2050
Table 2. North America Smart Inhalers Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 3. North America Smart Inhalers Market Revenue And Forecasts To 2027, By Disorder (US$ Mn)
Table 4. North America Smart Inhalers Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 5. US Smart Inhalers Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 6. US Smart Inhalers Market Revenue And Forecasts To 2027, By Disorder (US$ Mn)
Table 7. US Smart Inhalers Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 8. Canada Smart Inhalers Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 9. Canada Smart Inhalers Market Revenue And Forecasts To 2027, By Disorder (US$ Mn)
Table 10. Canada Smart Inhalers Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 11. Mexico Smart Inhalers Market Revenue And Forecasts To 2027, By Product (US$ Mn)
Table 12. Mexico Smart Inhalers Market Revenue And Forecasts To 2027, By Disorder (US$ Mn)
Table 13. Mexico Smart Inhalers Market Revenue And Forecasts To 2027, By End User (US$ Mn)
Table 14. Organic Developments Done By Companies
Table 15. Inorganic Developments Done By Companies
Table 16. Glossary Of Terms, Smart Inhalers Market
LIST OF FIGURES
Figure 1. US Smart Inhalers Market, Revenue (US$ Mn), 2018 & 2027
Figure 2. North America Smart Inhalers Market By Product, Market Share (%), 2018
Figure 3. North America Smart Inhalers Market By Disorder, Market Share (%), 2018
Figure 4. North America Smart Inhalerss Market By End User, Market Share (%), 2018
Figure 5. Smart Inhalers Market Segmentation
Figure 6. Smart Inhalers Market Segmentation, By Region
Figure 7. North America Pest Analysis
Figure 8. North America Smart Inhalers Market Impact Analysis Of Driver And Restraints
Figure 9. North America Smart Inhalers Market – Revenue Forecasts And Analysis –2018- 2027
Figure 10. Market Positioning Of Key Player In North America Smart Inhalers Market
Figure 11. North America Smart Inhalers Market Share By Product 2018 & 2027 (%)
Figure 12. Inhalers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 13. Nebulizers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 14. North America Smart Inhalers Market Share By Application 2018 & 2027 (%)
Figure 15. Asthma Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 16. Chronic Obstructive Pulmonary Disease Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 17. North America Smart Inhalers Market Share By End User 2018 & 2027 (%)
Figure 18. Hospitals & Clinics Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 19. Home-Care Settings Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 20. North America Smart Inhalers Market REVENUE Overview, By Country, 2018 (US$ MN)
Figure 21. North America Smart Inhalers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 22. North America Smart Inhalers Market Revenue And Forecasts To 2027, By Country (%)
Figure 23. US Smart Inhalers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 24. Canada Smart Inhalers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 25. Mexico Smart Inhalers Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 26. Comparative Company Analysis
Figure 27. Growth Strategies Done By The Companies In The Market, (%)
The List of Companies
- GlaxoSmithKline plc
- Adherium Ltd.
- Vectura Group plc
- Novartis AG
- Findair Sp. z o. o.
- Cohero Health
- Crux Product Design Ltd
- Teva Pharmaceuticals
- 3M
- Amiko Digital Health Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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