Pulmonary/ Respiratory Drug Delivery

Pulmonary/ Respiratory Drug Delivery

Global Pulmonary / Respiratory Drug Delivery Market to Reach $66 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Pulmonary / Respiratory Drug Delivery estimated at US$47.6 Billion in the year 2020, is projected to reach a revised size of US$66 Billion by 2027, growing at a CAGR of 4.8% over the analysis period 2020-2027. Metered Dose Inhalers, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$28.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Dry Powder Inhalers segment is readjusted to a revised 5.5% CAGR for the next 7-year period.

The U.S. Market is Estimated at $13.8 Billion, While China is Forecast to Grow at 4.4% CAGR

The Pulmonary / Respiratory Drug Delivery market in the U.S. is estimated at US$13.8 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$11.6 Billion by the year 2027 trailing a CAGR of 4.4% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Nebulizers Segment to Record 4.7% CAGR

In the global Nebulizers segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$9.8 Billion in the year 2020 will reach a projected size of US$13.7 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 42 Featured) -

• 3M Company
• AstraZeneca PLC
• Boehringer Ingelheim International GmbH
• Cipla Ltd.
• GlaxoSmithKline PLC
• Merck & Co., Inc.
• Novartis AG
• Omron Corporation
• Sunovion Pharmaceuticals, Inc.
• Teva Pharmaceutical Industries Ltd.

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