The Smart Inhalers Market globally is projected to expand with a 42.8 percent CAGR approximately while earning revenues worth $1636.1 million by the end of the forecast period.
Smart Inhaler is a part of new age digital technology which is designed to improve the disease management in the respiratory diseases. Smart Inhalers are basically the respiratory inhalers equipped with a digital sensor. The sensor installed in the inhaler tracks the data such as the dosage timing, monitors the use of the inhaler, and schedules the next dosage. Smart Inhalers can generate alerts for the daily dosage for the user using the smart devices connected to the sensors via Bluetooth.
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Global Smart Inhalers Market – Key Players
Adherium Limited (New Zealand), AstraZeneca (England), Cohero Health (USA), GlaxoSmithKline (U.K.), Gecko Health Innovations Inc (USA), Inspiro Medical Ltd., and Propeller Health (USA) are some of the prominent players at the forefront of competition in the Global Smart Inhalers Market and are profiled in MRFR Analysis.
Latest Industry News
Smart Inhaler company Adherium has received 510, 000 clearance for over-the-counter sales of its inhaler monitoring device for AstraZeneca’s Symbicort aerosol inhaler. This device is called the SmartTouch for Symbicort.
Amiko Digital Health has landed Conformité Européene (CE) Mark approval for its Respiro sensors. The platforms that will use Respiro are Chiesi’s Nexthaler, GlaxoSmithKline’s Ellipta inhalers, and Teva’s Spiromax. The Respiro system can record the usage of an inhaler at the time of access. It can pass that information in real-time to a patient’s phone and onto its portal. Patients, doctors, and researchers can access and analyze the information to gain insights into the results and impact of therapy, along with possibilities to improve a regimen.
Global Smart Inhalers Market – Key Finding
- The Smart Inhalers global market and is expected to reach $1636.1 million by 2022.
- Dry Powder Inhalers hold the largest share of the market.
- North America holds the largest market share of 54.3% of smart inhalers market and is anticipated to reach $888.4 million by the end of forecast period.
- Globally, Asia-Pacific the fastest growing region and expected to grow at the rate of 55.3% during the forecast period.
Global Smart Inhalers Market – Segments
Smart Inhalers Market has been segmented on the basis of type which comprises of dry powder inhaler, and metered dose inhaler. On the basis of application, market is segmented into Asthma, COPD, and others. On the basis of end user, market is segmented into hospitals & clinics, respiratory care center, and others.
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Global Smart Inhalers Market – Regional Analysis
Globally North America is the largest market for Smart Inhalers which is anticipated to reach $888.4 million by 2023. Europe is the second-largest market in 2016 which is valued at $57.4 million. Furthermore Asia pacific market is expected to be the fastest growing market and is projected to grow at a CAGR of 55.3% during the forecast period from 2016-2022. Smart inhalers market in rest of world is expected to rise after 2019.
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