June 10, 2021
According to the report titled ‘Metered Dose Inhaler Devices Market Insights, Competitive Landscape and Market Forecast-2026’ available with Market Study Report LLC, global metered dose inhaler devices market is anticipated to showcase impressive growth trends over 2018-2026.
Rising pervasiveness of respiratory disorders namely pulmonary hypertension, chronic obstructive pulmonary diseases (COPD), and chronic respiratory diseases is primarily catalyzing the growth of global metered dose inhaler devices market. Also, rise in awareness in individuals for the latest respiratory devices that are superior as compared to regular treatments, coupled with recent surge of pharmaceutical and health care sectors are attributing to the market growth.
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For the unversed, a metered dose inhaler is a pressure-based device that uses compressive spray system to deliver medication. It assists people ailing from respiratory issues namely COPD, asthma, emphysema, and chronic bronchitis among others.
On the downside, high manufacturing cost of the device, and associated side effects of the drugs are acting as restraints for the overall industry scenario.
Based on dose, metered dose inhaler devices market is segmented into 50-80 doses, 100-160 doses, 170-200 doses, 200-250 doses, and 250-400 doses. In terms of application, the industry is bifurcated as chronic obstructive pulmonary disease (COPD), asthma, and others.
The research document goes on to provide specifics about industry share held by each segment, along with production & consumption graphs, and their revenue contribution over the forecast period. It also entails views of Key Opinion Leaders and Subject Matter Experts to offer holistic vision of the market dynamics, thereby enabling investors to take informed decisions.
Regionally, prevailing trends across nations like Japan, Germany, Spain, United Kingdom, France, and United States are studied in detailed, in order to define the growth trajectory of worldwide metered dose inhaler devices market.
The companies catering to metered dose inhaler devices market are Beximco Pharmaceuticals Ltd., Presspart Manufacturing, Anomatic Corporation, 3M Pharmaceuticals Pty Ltd., Cipla Limited, Midas Care Pharmaceuticals Pvt. Ltd., Intech Biopharm Ltd., Aristopharma Ltd., GlaxoSmithKline Pharmaceuticals Ltd., Swiss Pharmaceuticals (Pvt) Ltd., and BioCare Pharmaceuticals (M) Sdn Bhd.