Published on : Sep 20, 2019
Albany, New York, September 20, 2019: Inhaled medication has become the linchpin in the treatment of patients across a myriad of respiratory diseases, including chronic obstructive pulmonary disease and asthma. Nonetheless, inhalation therapy has become the cornerstone of treatment in patients with COPD, where anti-inflammatory drugs and bronchodilators are normally recommended by international strategy documents. Inhaled treatment has been preferred over oral therapy given inhalation leverages delivery of action molecules and reduces side-effects.
These insights are according to the intelligence report, titled, “Digital Dose Inhalers Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019-2027,” which has been freshly added to Market Research Hub’s (MRH) overarching repository.
Home monitoring applications have been propelled by interactive mobile telephone system (mHealth) for it has become a compelling tool to reinforce the self-management of asthma. Digital dose inhalers, as such, have been highly sought-after owing to its innate ability to offer detailed and objective data on patient adherence to treatment. Further, remote monitoring has led to the reduction of hospital visits and facilitated physicians to monitor patients more reliably.
Intelligent Delivery Systems Gain Traction
Soaring integration of microprocessors into inhaler devices has ramped up the expansion of intelligent delivery systems which help to assess a patient’s breathing patterns and facilitates with precise control of the drug dose delivered to the lungs. Accordingly, intelligent nebulizers are have soared in popularity.
The overarching technological development has brought a paradigm shift in inhalation therapy devices, including dry powdered inhaler, metered dose inhaler. Meanwhile, dry powdered inhaler segment will likely pip metered dose inhaler given the former negates the coordination between actuation and inhalation. As such, soaring demand for advanced features such as patient tracking and seamless data transfer has provided impetus to the digital dose inhalers market.
North America Set to Reign Supreme
North America is set to reign supreme as the region is buoyed by prevalence of sophisticated respiratory devices and surge in the prevalence of respiratory conditions. Meanwhile, stakeholders are eyeing Asia Pacific as a favorable investment destination with the region witnessing upsurge in demand for advanced respiratory devices, robustly expanding healthcare sector, to name a few.
Assessing a host of factors, in terms of share, market for digital dose inhalers is expected to expand at a CAGR of ~10% through 2027.
Digital Dose Inhalers Market: Report Synopsis
Quantitative and qualitative assessment exhort intelligence and overarching report on the digital dose inhalers market. Further, the report thoroughly delineates various aspects of the market that will potentially have considerable influence on the development of the digital dose inhalers market. As such, those aspects incorporate drivers, trends, restraints, and opportunities. Furthermore, the report elucidates segregation of the market that provides an exhaustive analysis on digital dose inhalers.
An insightful and deep-dive assessment of the competitive assessment of the digital dose inhalers market pins hope on Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis offers a pressing analysis on the potential strategies of the preeminent players in the digital dose inhalers market. In addition, the business strategies counts on company overview, product portfolio, SWOT analysis, key differentiation and recent development.
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