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The Asthma Spacers Market Size is valued at USD 1.62 Billion in 2023 and is predicted to reach USD 2.69 Billion by the year 2031 at a 6.8 % CAGR during the forecast period for 2024-2031.
Spacers are a plastic tubes specifically designed to act as an interface between the pressurized metered-dose inhalers and patients. Spacers are also known as valved holding chanmber (VHC). The Spacers attaches to a pressurized metered-dose inhaler at one end and to the other end has mouthpiece to breathe through. The use of a spacer decreases the risk of drug underdose, minimizes oropharyngeal deposition and improves the amount of medication reaching to lungs. Spacers make pressurized metered dose inhalers (pMDI) comfortable to use by decreasing or eliminating the requirement for proper coordination between actuation and inhalation. The spacer helps proper delivery of drug by reducing the cold Freon effect. However, the benefits of spacers are offered at the cost of making pMDI system significantly large and less convenient. In general, spacers are categorized into Reverse-flow devices, Holding chambers, and Simple tube extensions to the actuator mouthpiece.
The asthma spacers market is segment based on brand, application, and geography. In terms of product the global market is segregated into Space Chamber Plus, A2A Spacer, Flo-Tone CR, Able Spacer, AeroChamber, Volumatic, Vortex, OptiChamber. High R&D activities and rising adoption rate for Spacer are the major factor that drives the growth of the market. The market players are highly active in delivering value products complying the customer need. The companies in the asthma spacers market invest considerably in research and development activities to develop highly advanced products. Increasing awareness about the new technology through multi-channel marketing and activities has led to an increase in demand for the new products.
Based on application, the market is segmented into hospital pharmacies, online pharmacies, and retail pharmacies. Based on geography, the global asthma spacers market has been segmented into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. In terms of revenue, Europe followed by North America is the major contributor for the global asthma spacers market. According to WHO report 2018, approximately 334 million are suffering from asthma. Various government initiatives and activities carried global organisations has raised healthcare accessibility deeper in the worldwide market.
Rising awareness about asthma treatment, growing market access to the drugs, increase in purchasing power of an individual are the key components fostering the asthma spacers market to propel substantially. Increasing research and development activities performed by industry players, has been fostering innovations in the product offerings. Due advancements in the product offerings have resulted in an increase in market demand for asthma spacers for respiratory treatment.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 1.62 Billion |
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Revenue Forecast In 2031 |
USD 2.69 Billion |
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Growth Rate CAGR |
CAGR of 6.8 % from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Billion and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Brand, By Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico ; France; Italy; Spain; South Korea; South East Asia |
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Competitive Landscape |
Monaghan Medical Corporation (Trudell Medical International), PARI GmbH, GSK plc, CONMED Corporation, Medical Developments International, Koninklijke Philips N.V, Lupin, Cipla Limited, Clement Clarke International (Flexicare (Group) Limited), Rossmax International Ltd., Laboratoire OptimHal-ProtecSom, KOO MEDICAL EQUIPMENT, AGPMED, Bird HealthCare |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Asthma Spacers Market Snapshot
Chapter 4. Global Asthma Spacers Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Asthma Epidemiology Analysis 2020
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Technology Advancement in Asthma Spacers
4.9. COVID 19 Impact on Asthma Industry
Chapter 5. Market Segmentation 1: Brand Scope Estimates & Trend Analysis
5.1. Brand Scope & Market Share, 2019 & 2031
5.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following Brand Scope:
5.2.1. Space Chamber Plus
5.2.2. AeroChamber
5.2.3. Volumatic
5.2.4. Vortex
5.2.5. OptiChamber
5.2.6. A2A Spacer
5.2.7. Flo-Tone CR
5.2.8. Able Spacer
5.2.9. DispozABLE Spacer
5.2.10. Others
Chapter 7. Market Segmentation 1: Distribution Channels & Trend Analysis
7.1. Distribution Channels & Market Share, 2019 & 2031
7.2. Market Size (Value & Volume) & Forecasts and Trend Analyses, 2019 to 2031 for the following Distribution Channels:
7.2.1. Hospital Pharmacies
7.2.2. Online Pharmacies
7.2.3. Retail Pharmacies
Chapter 8. Asthma Spacers Market Segmentation 3: Regional Estimates & Trend Analysis
8.1. North America
8.1.1. North America Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Brand Scope, 2024-2031
8.1.3. North America Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Distribution Channels, 2024-2031
8.1.4. North America Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts by country, 2024-2031
8.1.4.1. U.S.
8.1.4.2. Canada
8.2. Europe
8.2.1. Europe Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) Brand Scope, 2024-2031
8.2.3. Europe Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Distribution Channels, 2024-2031
8.2.4. Europe Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031
8.2.4.1. Germany
8.2.4.2. Poland
8.2.4.3. France
8.2.4.4. Italy
8.2.4.5. Spain
8.2.4.6. UK
8.2.4.7. Rest of Europe
8.3. Asia Pacific
8.3.1. Asia Pacific Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) Brand Scope, 2024-2031
8.3.3. Asia Pacific Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Distribution Channels, 2024-2031
8.3.4. Asia Pacific Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031
8.3.4.1. China
8.3.4.2. India
8.3.4.3. Japan
8.3.4.4. Australia
8.3.4.5. Rest of Asia Pacific
8.4. Latin America
8.4.1. Latin America Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) Brand Scope, 2024-2031
8.4.3. Latin America Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Distribution Channels, 2024-2031
8.4.4. Latin America Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) by country, 2024-2031
8.4.4.1. Brazil
8.4.4.2. Rest of Latin America
8.5. MEA
8.5.1. MEA Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Brand Scope, 2024-2031
8.5.3. MEA Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) estimates and forecasts Distribution Channels, 2024-2031
8.5.4. MEA revenue Asthma Spacers Market revenue (US$ Million) and volume (No. of Units) by country, (US$ Million) 2024-2031
8.5.4.1. South Africa
8.5.4.2. Rest of MEA
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles (Manufacturers)
9.2.1. Monaghan Medical Corporation (Trudell Medical International)
9.2.2. PARI GmbH
9.2.3. GSK plc
9.2.4. CONMED Corporation
9.2.5. Medical Developments International
9.2.6. Koninklijke Philips N.V
9.2.7. Lupin
9.2.8. Cipla Limited
9.2.9. Clement Clarke International (Flexicare (Group) Limited)
9.2.10. Rossmax International Ltd.
9.2.11. Laboratoire OptimHal-ProtecSom
9.2.12. KOO MEDICAL EQUIPMENT
9.2.13. AGPMED
9.2.14. Bird HealthCare
Global Asthma Spacer Market Outlook (Value (US$ Mn) & Volume (no. of units), By Brand
Global Asthma Spacer Market Outlook (Value (US$ Mn) & Volume (no. of units), By Distribution Channel
Global Asthma Spacer Market Outlook (Value (US$ Mn) & Volume (no. of units), By Region
Europe
North America
Asia Pacific
Latin America
Middle East & Africa
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
