Smart Inhalers Market by Product (Dry Powder Inhaler (DPI), by Disease Indication (Asthma, Chronic Obstructive Pulmonary Disease (COPD), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Channel), by By Geography (North America, Europe, Asia-Pacific, Rest of the world) Forecast 2024-2032
The Smart Inhalers Market size was valued at USD 28.62 USD million in 2023 and is projected to reach USD 109.95 USD million by 2032, exhibiting a CAGR of 21.2 % during the forecast period. Smart inhalers are electronic devices installed with sensors to collect information on drug usage purposes and provide instant feedback to patients and medical practitioners in real time. These are the devices that help patients to better manage their respiratory conditions such as Asthma and COPD and to get the right insight into treatment use and adherence. As a result of the point-of-care monitoring, the patients will be instructed to take their medication regularly, monitor their inhaler use, and give information about respiratory health issues. They adopt Bluetooth or Wi-Fi technologies that enable them to connect with smartphones or smart pills, so this way patients can monitor their medicine intake and make notes for their healthcare providers. Besides that, they help upkeep treatment medication adhesion, reduce the prevalence of bronchial attack and COPD exacerbation and allow the patients to effectively handle their respiratory disorders. Undoubtedly, technology-based fitness devices and personalized healthcare become more and more popular, so the number of breathing illnesses is going to get noticeably higher.
The market report provides comprehensive coverage on:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 21.2% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 21.2% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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