US Asthma Spacers Market to Grow at a CAGR of 5.3% to reach US$ 702.27 Mn from 2019 to 2027

US Asthma Spacers Market Forecast to 2027 - COVID-19 Impact and Country Analysis By Product (Aerochamber, Optichamber, Volumatic, and Inspirease) and Distribution Channel (Retail Pharmacy, Hospital Pharmacy, and E-Commerce)

  • Report Code : TIPRE00013616
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 62
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The US asthma spacers market was valued at US$ 472.92 million in 2019 and is projected to reach US$ 702.27 million by 2027; it is expected to grow at a CAGR of 5.3% during 2020-2027.



The US asthma spacers market growth is mainly attributed to factors such as increasing prevalence of respiratory conditions and growing awareness regarding the benefits of spacers.

Asthma causes swellings in airways passages, resulting in narrowing of airways to the lungs, further causing trouble in breathing, tightness in the chest, and wheezing and other associated indications.  Chronic obstructive pulmonary disease (COPD) also causes obstructions in airflow. The causes of these conditions are unclear; however, genetic factors, environmental conditions, overweight conditions, and smoking are considered as major risk factors leading to asthma and the COPD. Respiratory conditions are common across the US. The prevalence of conditions such as asthma, COPD, chronic bronchitis, and emphysema is continually increasing in the US.

High incidence of asthma represents the possibility of increased adoption of inhalers, which will eventually drive the US asthma spacers market during the forecast period. For instance, according to a study published by the Asthma and Allergy Foundation of America, 1 in 13 suffers from asthma in the US. Further, according to the National Health Interview Survey, 2018, 13.6% of the population suffers from asthma in the US. Moreover, according to a study published by the American Lung Association, in 2019, ~16.4 million people in the US were suffering from chronic obstructive pulmonary disorders.

Government authorities and healthcare institutions are implementing various programs to increase the awareness regarding asthma to prevent mortality due to the disease. The National Asthma Control Program (NACP) launched by the Centers for Disease Control and Prevention (CDC) is working continually to increase awareness regarding asthma and curb the disease impact. The program is dedicated toward conducting asthma surveillance and research. Such programs are projected to boost the adoption of inhalers, which are, in turn, anticipated to drive the US asthma spacers market during the forecast period.

US Asthma Spacers Market Revenue and Forecast to 2027 (US$ Million)

US Asthma Spacers Market Revenue and Forecast to 2027 (US$ Million)
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US Asthma Spacers Market – MARKET SEGMENTATION

Asthma Spacers Market – By Product

  • Aerochamber
  • Optichamber
  • Volumatic
  • Inspirease

Asthma Spacers Market – By Distribution Channel

  • Retail Pharmacy
  • Hospital Pharmacy
  • E-Commerce

Company Profiles

  • Cipla Inc.
  • PARI GmbH
  • Koninklijke Philips N.V.
  • Lupin
  • HAAG-STREIT GROUP
  • Laboratoire ProtecSom
  • Monaghan Medical Corporation
  • Koo Medical Equipment
  • Agaplastic
  • Teleflex Incorporated





Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

The List of Companies - US Asthma Spacers Market

  1. Cipla Inc.
  2. PARI GmbH
  3. Koninklijke Philips N.V.
  4. Lupin
  5. HAAG-STREIT GROUP
  6. Laboratoire ProtecSom
  7. Monaghan Medical Corporation
  8. Koo Medical Equipment
  9. Agaplastic
  10. Teleflex Incorporated

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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