Dublin, March 21, 2023 (GLOBE NEWSWIRE) -- The "Global Smart Inhalers Market (2023-2028) by Product Type, Indication, Distribution Channel, and Geography, Competitive Analysis, Impact of Covid-19, Impact of Economic Slowdown & Impending Recession with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Smart Inhalers Market is estimated to be USD 185.01 Mn in 2023 and is expected to reach USD 399.42 Mn by 2028, growing at a CAGR of 16.64%.
Market Dynamics
Drivers
- Increasing Prevalence of People Suffering from Asthma
- Increasing Adoption of Digitally Improved Products
- Easy Availability of Products on Online and Offline Channels
Restraints
- Higher Cost Associated with the Development of Smart Inhalers
Opportunities
- Growing Collaborations Between Manufacturers and Software Companies
Challenges
- Lack of Information Regarding the Symptoms of COPD and Asthma
Market Segmentations
The Global Smart Inhalers Market is segmented based on Product Type, Indication, Distribution Channel, and Geography.
- By Product Type, the market is classified into Inhalers and Nebulizers.
- By Indication, the market is classified into Asthma and COPD.
- By Distribution Channel, the market is classified into Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa, and Asia-Pacific.
Competitive Quadrant
The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
The report presents a detailed Ansoff matrix analysis for the Global Smart Inhalers Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
The analyst analyses the Global Smart Inhalers Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Smart Inhalers Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model, PESTLE Analysis, and the Ansoff Matrix. In addition, the impact of COVID-19 and the impact of economic slowdown & impending recession on the market are also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.
Key Topics Covered:
1 Report Description
2 Research Methodology
3 Executive Summary
4 Market Dynamics
5 Market Analysis
6 Global Smart Inhalers Market, By Product Type
7 Global Smart Inhalers Market, By Applications
8 Global Smart Inhalers Market, By Distribution Channel
9 Americas' Smart Inhalers Market
10 Europe's Smart Inhalers Market
11 Middle East and Africa's Smart Inhalers Market
12 APAC's Smart Inhalers Market
13 Competitive Landscape
14 Company Profiles
15 Appendix
Companies Mentioned
- 3M Company
- Adherium Ltd.
- Agilent Technologies, Inc.
- AptarGroup, Inc.
- AstraZeneca PLC
- C.H. Boehringer Sohn AG & Co. KG
- Cohero Health, Inc.
- Findair Sp. z o. o.
- Glenmark Pharmaceuticals Ltd.
- GSK PLC
- H&T Presspart Manufacturing Ltd.
- Inspiro Medical Ltd.
- Novartis Ag
- OMRON Healthcare Europe B.V.
- OPKO Health, Inc.
- PARI GmbH
- Reciprocal Labs Corp.
- Sensirion Ag
- Teva Pharmaceutical Industries Ltd.
- Vectura Group PLC
- Zeolr Technologies Pvt. Ltd.
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