ALBANY, N.Y., Aug. 17, 2021 /PRNewswire/ — The emergence of inhaled medication as one of the effective treatments for a wide range of respiratory diseases such as asthma and chronic obstructive pulmonary disease (COPD) will serve as a significant growth factor for the COPD drug delivery devices market during the forecast period of 2019-2027. The growing focus on product innovation in the COPD drug delivery devices market will also prove to be a prominent growth factor for the market.
COPD drug delivery devices are designed for taking the medicines through the inhalation process. Inhaled medication therapy is used for treating various diseases. The effectiveness of the inhaled medication therapy is high in COPD. Thus, these aspects help in boosting the growth prospects of the COPD drug delivery devices market.
Strong expertise with attention to detail makes our market research reports stand apart, Request a Report Sample here – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=74897
Transparency Market Research (TMR) has analyzed numerous aspects associated with the growth structure of the COPD drug delivery devices market. The TMR experts project the global market for COPD drug delivery devices to expand at a CAGR of 3.8% during the forecast period. The global COPD drug delivery devices market is expected to reach US$ 11 Bn by 2027.
The prevalence of COPD is increasing at a rapid rate around the world, due to the increase in the number of smokers and aging population. According to the statistics of the American Lung Association (ALA), approximately 24 million U.S. adults were living with COPD in 2018. These statistics highlight the rising prevalence of COPD. This aspect is likely to propel the global market.New product launches by the players in the COPD drug delivery devices market will also prove to be a game-changer for the market. Furthermore, quick approvals from regulatory authorities such as the Food and Drug Administration (FDA) will assure exponential growth.
Request for Analysis of COVID-19 Impact on COPD Drug Delivery Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=74897
Key Findings of Report
Initiatives, Campaigns Promoting Awareness about Treatment of COPD to Accelerate Market Growth
Many initiatives and campaigns are being conducted by government and non-government organizations to spread awareness about the importance of the COPD treatment. Initiatives such as dedicating a month for COPD awareness indirectly influence the global market. For instance, the U.S. COPD Coalition considers November as the National Chronic Obstructive Pulmonary Disease Awareness Month.
Digitalization of COPD Drug Delivery Devices to Drive Global Market
One of the prominent trends that will decide the growth trajectory of the COPD drug delivery devices market is digitization. The drug delivery segment is currently experiencing an avant-garde movement in terms of digital enhancements. The players in the COPD drug delivery devices market are concentrating on developing digital inhalers that assure accurate drug delivery. Stakeholders are striving to make products more patient-centric to ensure growth in revenue. These factors will have a profound impact on the growth of the COPD drug delivery devices market.
TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, ask for custom research here – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=74897
COPD Drug Delivery Devices Market: Growth Drivers
Some well-established players in the COPD drug delivery devices market are Teva Pharmaceutical Industries, Boehringer Ingelheim GmbH, Omron Corporation, GlaxoSmithKline plc, Merck & Co., Inc., and Novartis AG.
Purchase Premium Research Report on COPD Drug Delivery Devices Market –https://www.transparencymarketresearch.com/checkout.php?rep_id=74897<ype=S
Global COPD Drug Delivery Devices Market – Segmentation
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
Neonatal Intensive Care Respiratory Devices Market: High incidence rate of respiratory diseases in newborn babies and increase in incidence of preterm births and corresponding efforts to improve survival rates are likely to fuel the growth of the global market. Surge in government investment in health care infrastructure and strategic alliances among players to penetrate the emerging markets are expected to propel the market.
Metered Dose Inhalers Market: Rise in environmental triggers is anticipated to fuel demand for the metered dose inhalers market during the forecast period. Air pollution, rapid urbanization, rise in smoking population, and changing lifestyle has resulted in prevalence of asthma in urban regions of the world, thereby fueling market expansion.
About Us:
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Contact Us:
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com/
View original content:https://www.prnewswire.com/news-releases/rapid-digitalization-rise-in-awareness-regarding-copd-treatments-to-drive-copd-drug-delivery-devices-market-says-tmr-301356815.html
SOURCE Transparency Market Research
- Leading efficient care management for the elderly with unimpeded smartcare https://img.hankyung.com/pdsdata/pr.hankyung.com/uploads/2024/11/image01-1.png SEOUL, South Korea, Nov.…
- Attruby is the first and only approved product with aspecifying near-complete stabilization…
PALO ALTO, Calif., Nov. 22, 2024 /PRNewswire/ -- Aulisa® Medical USA, Inc., a leader in…
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2024) - DEFENCE THERAPEUTICS INC. (CSE: DTC) (OTCQB:…
3,250 InsuJet Starter Packs Being Delivered to Pharmacies Across CanadaToronto, Ontario--(Newsfile Corp. - November 22,…