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Global Asthma Spacers Market 2019-2023

  • Published: Dec 2018
  • Pages: 108
  • SKU: IRTNTR30493
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The global asthma spacers market size will grow by USD 297.72 million during 2019-2023. This report offers an analysis of the market based on distribution channel (hospitals and retail pharmacies and online stores) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including ALLERGAN, Cipla, Koninklijke Philips, LUPIN, and Medical Developments International.

Below are some of the key findings from the asthma spacers market research report

Asthma Spacers Market

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Global asthma spacers industry overview

The key driver for the global asthma spacers market is the growing demand for respiratory care. Allergy, pollution, and smoking can result in several respiratory diseases such as obstructive airway diseases like asthma, COPD, and cystic fibrosis. Though COPD is not curable, medical and physical treatments are available to relieve symptoms. The aerosol therapy helps in relieving symptoms by enabling drug delivery directly into the lower airways for either topical or systemic effect. Healthcare practitioners and pharmacists recommend asthma spacers to patients taking Inhaler therapy for uncontrolled asthma and COPD, as these devices improve hand-breath coordination while reducing the side effects of inhaled medication.

The increase in online retailing is identified as one of the key trends in the global asthma spacers market. Owing to the ease of shopping offered by online shopping, this trend has significantly increased. Besides, the prices offered by online stores are usually lower when compared with retail stores because of low overhead costs. Both domestic and international vendors sell their products on online portals such as eBay and Amazon. This helps in the promotion and enhancement of their brands. The factors such as the rising Internet penetration and increase in adoption of digital products such as tablets, smartphones, and laptops support online sales. Online retailing also helps in reaching a large customer base. During the forecast period, with the increasing use of asthma spacers, the rise in online retail of these products will facilitate the growth of the global asthma spacers market. The increase in online retailing coupled with the growing demand for respiratory care will drive the global asthma spacers market to grow at a CAGR of over 4% during the forecast period.

Top asthma spacers companies covered in this market research report

The asthma spacers market is moderately fragmented with companies focusing on engaging in strategic alliances for offering product differentiation and expanding their geographic presence. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this asthma spacers industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.

The report offers a complete analysis of various companies including:

  • ALLERGAN
  • Cipla
  • Koninklijke Philips
  • LUPIN
  • Medical Developments International

Asthma spacers market segmentation based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies, the Americas will account for the highest growth of this market throughout the forecast period. Owing to the advanced healthcare facilities, rising healthcare spending, and the presence of various government-driven programs including Medicare and Medicaid, the region is likely to dominate the asthma spacers market

Asthma spacers market segmentation based on distribution channel

  • Hospital and retail pharmacies
  • Online stores

The hospital and retail pharmacies segment will account for the highest growth in the market. Owing to the factors including the introduction of premium medicines coupled with the emergence of professionalized pharmacy chains, the demand for asthma spacers is likely to surge over the next few years. Additionally, the report also provides an accurate prediction of the contribution of the various distribution channel segments to the growth of the asthma spacers market size.

Key highlights of the global asthma spacers market for the forecast years 2019-2023:

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the asthma spacers market during the next five years
  • Precise estimation of the global asthma spacers market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the asthma spacers industry across the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details on the factors that will challenge the growth of asthma spacers companies

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL

  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Hospital and retail pharmacies  - Market size and forecast 2018-2023
  • Online stores - Market size and forecast 2018-2023
  • Market opportunity by distribution channel

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • Americas - Market size and forecast 2018-2023
  • EMEA - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing strategic alliances
  • Increase in online retailing
  • Growing initiatives toward respiratory diseases

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • ALLERGAN
  • Cipla
  • Koninklijke Philips
  • LUPIN
  • Medical Developments International

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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