Inhaler Sales Driving Global Respiratory Device Market

Carlson. “The market will also grow thanks to the shifting trend towards the use of home care products for the graying population across the globe.”

Respiratory market products include inhalers, nebulizers, sleep apnea equipment, oxygen therapy equipment, medical humidifiers, and respiratory measurement devices. Kalorama’s report also discovered the largest component of the market is respiratory inhalers and therapeutic pharmaceuticals, which account for roughly 77% of the total sales for the industry.

Devices that contain pharmaceuticals administered through an inhaler represent the largest volume of market sales. However, Kalorama notes that the dollar volume of inhalers should not mask the growth opportunities in other device categories.

“The lion’s share of the market is inhalers, but there are other devices that are going to drive revenue growth as well, and we detail these in the report,” added Carlson.

The report indicated that some industry areas will experience growth of 7%-9% over the next five years.

Kalorama Information is a leading publisher of market research in medical markets, including the biotechnology, diagnostics, medical device, and pharmaceutical industries.


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