Global Inhalable Drugs Market Size, Trends, and Growth Opportunity, By Product Type (Aerosol, Dry Powder Formulation, Spray), By Application (Respiratory Diseases, Non-Respiratory Diseases), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.
Report ID : IR1001980 | Industries : Healthcare | Published On :June 2024 | Page Count : 205
Global Inhalable Drugs Market Size, Trends, and Growth Opportunity, By Product Type (Aerosol, Dry Powder Formulation, Spray), By Application (Respiratory Diseases, Non-Respiratory Diseases), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and Forecast till 2030.
Global Inhalable Drugs Market
The Global Inhalable Drugs Market was valued at USD 29 billion in 2022 and is expected to expand to USD 40.32 billion in 2030 at a CAGR of 4.21% during the forecast period 2023-2030.
Inhalable Drugs are medicines that on breathing directly enter the lungs as an essential part of treatment for the lungs. Various combinations of inhaled drugs are used to cure many respiratory and non-respiratory diseases.
Market Drivers
The rising incidence of respiratory diseases such as Chronic Obstructive Pulmonary Disease (COPD), asthma, and cystic fibrosis and non-respiratory diseases like diabetes and Parkinson’s disease act as major factors for the growing market during the forecast period.
The growing advancements in inhalable drugs and inhalation therapy as systemic availability of drugs, convenience over invasive methods, minimal toxicities, and improved drug interactions propelling the growth of the market. Additionally, the rising geriatric population also boosts market growth.
Market Restraints
The stringent government regulation due to the presence of various alternative therapies hinders the growth of the inhalable drugs market.
COVID-19 Impact on Inhalable Drugs Market
The outbreak of covid-19 shows a positive impact on the market as inhalable drugs are used to treat respiratory which increases the demand for inhalable drugs to control covid-19 cases and drive market growth during a pandemic.
Impact of Russia Ukraine War on the Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the inhalable drugs market:
Disruptions in the supply chain: Many Inhalable Drugs manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting inhalable drug production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for inhalable drugs in the region.
Market Segmentation
The Global Inhalable Drugs Market is segmented on the basis of Product Type, Application, and Region. On the basis of Product Type, it is segmented into Aerosol, Dry Powder Formulation, and Spray. Based on Application, it is segmented into Respiratory Diseases, Non-Respiratory Diseases. Based on Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Regional Analysis
North America is likely to dominate the market over the forecast period owing to the availability of advanced products and increasing awareness programs by the government in this region.
Asia Pacific is also anticipated to witness substantial growth during the forecast period due to the growing healthcare infrastructure and rising patient awareness regarding inhalable drugs.
Key Players
Various key players are listed in this report such as AstraZeneca, Vectura Group plc, Avalyn Pharma, Mylan NV, Quotient Sciences, EffRx Pharmaceuticals SA, GlaxoSmithKline Plc, Merck & Co Inc, TFF PHARMACEUTICALS INC, Catalent Inc, IRISYS LLC, Teicos Pharma Ltd, Nelson Laboratories LLC, Intertek Group plc, Mundipharma International, Pharmaxis Ltd, Boehringer Ingelheim International GmbH, Cipla Inc.
Market Taxonomy
By Product Type
• Aerosol
• Dry Powder Formulation
• Spray
By Application
• Respiratory Diseases
• Non-Respiratory Diseases
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Inhalable Drugs Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Inhalable Drugs Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Inhalable Drugs Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Inhalable Drugs Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.3 Global Inhalable Drugs Market Share Analysis, By Product Type
5.3 Global Inhalable Drugs Market Size and Forecast, By Product Type
5.3.1 Aerosol
5.3.2 Dry Powder Formulation
5.3.3 Spray
6 Global Inhalable Drugs Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Inhalable Drugs Market Share Analysis, By Application
6.3 Global Inhalable Drugs Market Share Analysis, By Application
6.3.1 Respiratory Diseases
6.3.2 Non-Respiratory Diseases
7 Global Inhalable Drugs Market, By Region
7.1 Global Inhalable Drugs Market Share Analysis, By Region
7.2 Global Inhalable Drugs Market Share Analysis, By Region
8 North America Inhalable Drugs Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Inhalable Drugs Market Share Analysis, By Product Type
8.3 North America Inhalable Drugs Size and Forecast, By Application
8.4 North America Inhalable Drugs Market Size and Forecast, By Country
8.4.1 U.S
8.4.2 Canada
8.4.3 Mexico
9 Europe Inhalable Drugs Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Inhalable Drugs Market Share Analysis, By Product Type
9.3 Europe Inhalable Drugs Market Size and Forecast, By Application
9.4 Europe Inhalable Drugs Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Inhalable Drugs Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia-Pacific Inhalable Drugs Market Size and Forecast, By Product Type
10.3 Asia-Pacific Inhalable Drugs Market Size and Forecast, By Application
10.4 Asia-Pacific Inhalable Drugs Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Inhalable Drugs Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Inhalable Drugs Market Size and Forecast, By Product Type
11.3 Latin America Inhalable Drugs Market Size and Forecast, By Application
11.4 Latin America Inhalable Drugs Market Size and Forecast, By Country
11.4.1 Brazil
11.4.2. Rest of Latin America
12 Middle East Inhalable Drugs Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Inhalable Drugs Market Share Analysis, By Product Type
12.3 Middle East Inhalable Drugs Market Size and Forecast, By Application
12.4 Middle East Inhalable Drugs Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1. AstraZeneca
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2. Vectura Group plc
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3. Avalyn Pharma
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4. Mylan NV
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5. Quotient Sciences
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6. EffRx Pharmaceuticals SA
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7. GlaxoSmithKline Plc
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8. Merck & Co Inc
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9. TFF PHARMACEUTICALS INC
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10. Catalent Inc
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
14.11. IRISYS LLC
14.11.1 Overview
14.11.2 Offerings
14.11.3 Key Financials
14.11.4 Business Segment & Geographic Overview
14.11.5 Key Market Developments
14.11.6 Key Strategies
14.12. Teicos Pharma Ltd
14.12.1 Overview
14.12.2 Offerings
14.12.3 Key Financials
14.12.4 Business Segment & Geographic Overview
14.12.5 Key Market Developments
14.12.6 Key Strategies
14.13. Nelson Laboratories LLC
14.13.1 Overview
14.13.2 Offerings
14.13.3 Key Financials
14.13.4 Business Segment & Geographic Overview
14.13.5 Key Market Developments
14.13.6 Key Strategies
14.14. Intertek Group plc
14.14.1 Overview
14.14.2 Offerings
14.14.3 Key Financials
14.14.4 Business Segment & Geographic Overview
14.14.5 Key Market Developments
14.14.6 Key Strategies
14.15. Mundipharma International
14.15.1 Overview
14.15.2 Offerings
14.15.3 Key Financials
14.15.4 Business Segment & Geographic Overview
14.15.5 Key Market Developments
14.15.6 Key Strategies
14.16. Pharmaxis Ltd
14.16.1 Overview
14.16.2 Offerings
14.16.3 Key Financials
14.16.4 Business Segment & Geographic Overview
14.16.5 Key Market Developments
14.16.6 Key Strategies
14.17. Boehringer Ingelheim International GmbH
14.17.1 Overview
14.17.2 Offerings
14.17.3 Key Financials
14.17.4 Business Segment & Geographic Overview
14.17.5 Key Market Developments
14.17.6 Key Strategies
14.18. Cipla Inc
14.18.1 Overview
14.18.2 Offerings
14.18.3 Key Financials
14.18.4 Business Segment & Geographic Overview
14.18.5 Key Market Developments
14.18.6 Key Strategies