Pulmonary Drug Delivery Systems Market Set to Surpass $49.7 Billion by 2030, Report
Pulmonary Drug Delivery Systems Market was valued at $49.7 billion in 2020, and is estimated to reach $91.1 billion by 2030, growing at a CAGR of 6.08% from 2021 to 2030. Pulmonary drug delivery is a targeted drug delivery system which is precisely designed for the inhalation with the help of a device called Aerosol. It plays an important role in managing Asthma and COPD. On the basis of type the market is divided into nebulizer, metered dose inhaler, and dry powder inhaler. PDDS gives quick relief in obstructive pulmonary diseases and can be lifesaving in case of an asthmatic attack.
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
AstraZeneca plc
Boehringer Ingelheim GmbH
GlaxoSmithKline plc
Novartis AG
Koninklijke Philips N.V.
3M company
Janssen (Johnson & Johnson)
Clement Clarke International
Briggs Healthcare
Aerogen
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/2944
The global pulmonary drug delivery systems market is segmented into product, application, and distribution channel. On the basis of product, the market is divided into dry powder inhaler, metered dose inhaler, and nebulizer. The metered dose inhaler segment dominated the market in 2020, and this trend is expected to remain dominant during the forecast period, owing to the development of devices, increase in number of diagnostic centers, and rise in pulmonary diseases
On the basis of application, the market is classified into asthma, and chronic obstructive pulmonary disease. The asthma segment exhibited the highest growth in 2020, and this trend is expected to continue during the forecast period, owing to the rise in air pollution results in an increase in the pulmonary diseases, increase in diagnostic centers, and the government initiatives for treatment of pulmonary diseases
On the basis of distribution channel, the market is classified into retail pharmacies, hospital pharmacies, and e-commerce. The retail pharmacies segment acquired the top position in the market in 2020, and this trend is expected to continue during the forecast period, owing to an increase in number of retail pharmacies, network of pharmacy store, and the ease of purchase from retail pharmacies.
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The COVID-19 outbreak is anticipated to have a negative impact on the growth of the global pulmonary drug delivery systems market due to the implementation of lockdown in many countries. The COVID-19 pandemic has stressed the healthcare systems across the globe and has increased the need for the development of diagnostic instruments & treatment centers for people. The non-essential businesses are closed in many states such as university, restaurants, schools, shopping malls, and corporations. Thus, the COVID-19 pandemic is affecting the world, including the production and distribution of pharmaceuticals.
A huge number of clinics, hospitals across the globe, were restructured to increase the hospital capacity for the patients diagnosed with COVID-19, this may also lead to the growth of the hospitalized inhalation drug delivery market in future. The rise in number of hospitals will increase the diagnosis of disease. This has significantly contributed toward the growth of the global market.
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