Growing Prevalence of Chronic Respiratory Diseases to Help Growth of Global Pulmonary Drug Delivery Devices Market to Reach Valuation Worth US$47,452.8 Mn by 2027 End

Growing Prevalence of Chronic Respiratory Diseases to Help Growth of Global Pulmonary Drug Delivery Devices Market to Reach Valuation Worth US$47,452.8 Mn by 2027 End

PR Newswire

ALBANY, New York, May 14, 2020

- Increasing incidence of respiratory disorders have led to a large number of patient pool that is expected to provide ample opportunities for the overall development of the global pulmonary drug delivery devices market.

- In addition to this, constant technological developments and advancements happening in the medical sector are projected to offer a much deserved impetus to the overall market.

ALBANY, New York, May 14, 2020 /PRNewswire/ -- TMR has now published a new research report that talks about the working dynamics of the global pulmonary drug delivery market. The research report tried highlight the important growth factors, inhibiting factors, key segments, current geographical outlook, and the overall state of the vendor landscape of the global pulmonary drug delivery market.

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As per the research report, the global market for pulmonary drug delivery devices is projected to have a moderate CAGR of 2.7% for the given course of forecast period ranging from 2019 to 2027. Initially, the global market was valued at US$36,159.9 Mn in 2018. With the given rate of growth, the valuation of the global market is projected to rise up to US$47,452.8 Mn by the fall of 2027. The TMR research report on the global pulmonary drug delivery devices market expects the sale of units will be over 1,676 million by the end of 2026.

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Global Pulmonary Drug Delivery Devices Market – Key Takeaways

Explore a report with detailed research, incisive insights, and in-depth country levels estimations. Gain business intelligence on global Pulmonary Drug Delivery Devices Market (Product - Dry Powder Inhalers, Metered Dose Inhalers, Nebulizers; Application - Asthma, COPD, Cystic Fibrosis; Distribution Channel - Retail Pharmacies, Hospital Pharmacies, E-commerce) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027 https://www.transparencymarketresearch.com/report-toc/48993

Global Pulmonary Drug Delivery Devices Market – Key Driving Factors

Global Pulmonary Drug Delivery Devices Market – Key Restraining Factors

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Global Pulmonary Drug Delivery Devices Market – Regional Outlook

Analyze Global Pulmonary Drug Delivery Devices Market growth in 30+ countries including US, Canada, Germany, United Kingdom, France, Italy, Russia, Poland, Benelux, Nordic, China, Japan, India, and South Korea.

Global Pulmonary Drug Delivery Devices Market – Key Companies

Boehringer Ingelheim GmbH, Novartis AG, GlaxoSmithKline plc, AstraZeneca plc, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., MannKind Corporation, F. Hoffmann-La Roche Ltd., Mylan N.V., Omron Corporation, and 3M Healthcare are some of the key players in the global market.

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The global pulmonary drug delivery devices market has been segmented as follows:

Explore Transparency Market Research's award-winning coverage of the global Healthcare industry:

Respiratory Disorders Treatment Market – There is a growing demand for handheld devices capable of detecting biomarkers and molecules that deploy instant feedback on respiratory disorders. Hence, NOWA Innovations-a University of California, Irvine (UCI) startup, has introduced Unaresp™, a novel device that identifies inhaled medication concentrations and trains patients to correctly inhale medications. Such innovations are anticipated to boost the expansion of the respiratory disorders treatment market, where the market is expected to reach ~US$ 108 Bn by 2027.

Hospital acquired disease testing Market – As governments across the world grapple with the ongoing COVID-19 (coronavirus), the India Health Fund (IHF) is inviting applications from innovators to address respiratory and airborne infections through its nation-wide search, Quest 2020. Such initiatives are encouraging effective solutions addressing respiratory disorders treatment. Thus, governments in other countries such as the U.S., Italy, and Spain can take cues from such nation-wide initiatives that can help to control COVID-19.

Platelet-rich Plasma Market - According to the report, the global platelet-rich plasma market was valued at US$ 219.3 Mn in 2018 and is projected to expand at a CAGR of 11.4 % from 2019 to 2027. Increase in the number of orthopedic patients globally is considered a major factor fueling the growth of the global platelet-rich plasma market.

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