The US asthma spacers market was valued at US$ 472.92 million in 2019 and is projected to reach US$ 702.27 million by 2027; it is expected to grow at a CAGR of 5.3% during 2020-2027.
The US asthma spacers market growth is mainly attributed to factors such as increasing prevalence of respiratory conditions and growing awareness regarding the benefits of spacers.
A Latest intelligence report published by The Insight Partners with title “US Asthma Spacers Market Outlook to 2027. A detailed study accumulated to offer Latest insights about acute features of the US Asthma Spacers Market. This report provides a detailed overview of key factors in the US Asthma Spacers Market and factors such as driver, restraint, past and current trends, regulatory scenarios and technology development. A thorough analysis of these factors including economic slowdown, local & US reforms and COVID-19 Impact has been conducted to determine future growth prospects in the US market.
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Our expert team is consistently working on updated data and information on the key player’s related business processes that value the market. For future strategies and predictions, we provide a special section regarding the COVID-19 situation.
Major Players in US Asthma Spacers Market Report Include:
- Cipla Inc.
- PARI GmbH
- Koninklijke Philips N.V.
- HAAG-STREIT GROUP
- Laboratoire ProtecSom
- Monaghan Medical Corporation
- Koo Medical Equipment
- Teleflex Incorporated
US ASTHMA SPACERS MARKET SEGMENTATION
Asthma Spacers Market – By Product
Asthma Spacers Market – By Distribution Channel
Asthma causes swellings in airways passages, resulting in narrowing of airways to the lungs, further causing trouble in breathing, tightness in the chest, and wheezing and other associated indications. Chronic obstructive pulmonary disease (COPD) also causes obstructions in airflow. The causes of these conditions are unclear; however, genetic factors, environmental conditions, overweight conditions, and smoking are considered as major risk factors leading to asthma and the COPD. Respiratory conditions are common across the US. The prevalence of conditions such as asthma, COPD, chronic bronchitis, and emphysema is continually increasing in the US.
High incidence of asthma represents the possibility of increased adoption of inhalers, which will eventually drive the US asthma spacers market during the forecast period. For instance, according to a study published by the Asthma and Allergy Foundation of America, 1 in 13 suffers from asthma in the US. Further, according to the National Health Interview Survey, 2018, 13.6% of the population suffers from asthma in the US. Moreover, according to a study published by the American Lung Association, in 2019, ~16.4 million people in the US were suffering from chronic obstructive pulmonary disorders.
Government authorities and healthcare institutions are implementing various programs to increase the awareness regarding asthma to prevent mortality due to the disease. The National Asthma Control Program (NACP) launched by the Centers for Disease Control and Prevention (CDC) is working continually to increase awareness regarding asthma and curb the disease impact. The program is dedicated toward conducting asthma surveillance and research. Such programs are projected to boost the adoption of inhalers, which are, in turn, anticipated to drive the US asthma spacers market during the forecast period.
In the last section of the report, the companies responsible for increasing the sales in the US Asthma Spacers Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the US market and their influence on the future growth of the market have also been presented through this study.
Comprehensive overview of parent market & substitute market
Changing market dynamics in the industry (COVID & Economic Impact Analysis)
In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
Recent industry trends and development activity
Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Points Covered in Table of Content of US Asthma Spacers Market:
- Key Takeaways
- Research Methodology
- US Asthma Spacers Market Landscape
- US Asthma Spacers Market – Key Market Dynamics
- US Asthma Spacers Market – Market Analysis
- US Asthma Spacers Market – Revenue and Forecasts to 2027 – Product Type
- US Asthma Spacers Market – Revenue and Forecasts to 2027 – Application
- US Asthma Spacers Market – Revenue and Forecasts to 2027 – Compound
- US Asthma Spacers Market Revenue and Forecasts to 2027 – Geographical Analysis
- Industry Landscape
- US Asthma Spacers Market, Key Company Profiles
Key questions answered:
Who are the Leading key players and what are their Key Business plans in the US Asthma Spacers Market?
What are the key concerns of the five forces analysis of the US Asthma Spacers Market?
What are different prospects and threats faced by the dealers in the US Asthma Spacers market?
What possible measures players are taking to overcome and stabilize the situation?
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