Inhalable Drugs Market Size to Cross USD 41.5 Billion by 2026

A report by Acumen Research and Consulting estimated that the Inhalable Drugs Market will surpass $41.5 billion by 2026, representing an average annual growth rate of 6.4 percent from 2019 to 2026.

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In 2018, North America held the large number of market share for inhalable drugs market and the region is projected to maintain its dominance over the forecast period. The region is primarily gaining growth owing to the easy availability of advanced products. According to the Centers for Disease Control and Prevention (CDC), more than 25 million Americans have asthma, which includes 7.7 percent adult and 8.4 percent children. The asthma disease is increasing, since the 1980's in all sex and age. In addition, in 2017, an average of 10 Americans have died from asthma which is approximately 3,564 people.

Furthermore, Asia Pacific is expected to be the fastest-growing market over the forecast period. The increasing disposable income along with the rising awareness among individuals about the advance technologies for the treatment of diseases is supporting the regional market growth. In addition, the increasing governmental support for the development of healthcare infrastructure in the region is further propelling the market value.

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Based on type, the dry powder formulation segment held the major share in the global inhalable drugs market in 2018. The emerging expertise in dry powder formulation of potent drugs is enabling cheap and simple development which is favoring the market growth. For instance, Glenmark Pharmaceuticals signed an agreement in 2018 to commercialize Tiotropium Bromide dry powder inhaler in the Europe region to treat patients with chronic obstructive pulmonary disease (COPD).

Respiratory diseases accounted for the major share in the inhalable drugs market in the year 2018. The segment is primarily gaining growth owing to the rising prevalence of respiratory diseases. According to the WHO, the top 10 causes of death across the globe include lung cancer, COPD, tuberculosis, and lower respiratory infections. The favorable government initiatives, good reimbursement policies, and the increasing cases of tobacco smoking are favoring the segment growth. The increasing awareness program is further supporting the segment growth. For instance, In 2016, Mylan N.V. has organized chronic obstructive pulmonary disease (COPD) Awareness Month to spread awareness about various treatments including inhaled and other bronchodilators along with their different dosage forms.

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Some of the leading competitors are AstraZeneca, Sanofi, Vectura, Mylan, GlaxoSmithKline, Mundipharma, Boehringer Ingelheim International GmbH, Cipla Inc. and Others. Inhalable drug companies have announced mergers and acquisitions to expand their position in the inhalable drug industry. Major players are also moving into new regions or advanced technologies. For instance, MannKind Corporation developed and commercialized FDA approved Afrezza, an inhalation powder for diabetes patients in 2019.

Some of the key observations regarding inhalable drugs industry include:

• GlaxoSmithKline Plc or gsk, a British drugmaker has announced that its three in one drug named Trelegy has met the main goal of asthma, which is expected to boost the lung medicines division of the company that was prior hit by the generic competition.
• In 2019, Breath Therapeutics a private company has announced the initiation of global Phase 3 trials for the treatment of Bronchiolitis Obliterans Syndrome (BOS).
• In 2019, Cipla Limited has launched first extra-fine particle inhaler developed in India named Niveoli. It is India's first extrafine ICS-LABA combination hydrofluoroalkane inhaler.
• In 2019, The European Medicines Agency (EMA) Committee for Medicinal Products for Human Use (CHMP) has approved the inhaled form of levodopa for the intermittent treatment of episodic motor fluctuations in Parkinson's disease (PD).
• EffRx Pharmaceuticals and Pharmaxis have signed an agreement in 2019 to commercialize Bronchitol (mannitol) in Switzerland for the treatment of cystic fibrosis (CF). In addition, according to the Swiss Society for Cystic Fibrosis (CFCH), around 1,000 people were affected by CF in Switzerland.
• TFF Pharmaceuticals Inc. has announced the initiation of Phase 1 Clinical Trial of inhaled Voriconazole in the year 2019 for the treatment of Invasive Pulmonary Aspergillosis.
• Alaxia joined iABC, a European consortium in 2019 to speed up the development of ALX-009. ALX-009 is an investigational inhaled antibiotic for multi-drug resistant lung infections in cystic fibrosis patients.

Market Segmentation

Market By Type

• Suspension Aerosol
• Solution Aerosol
• Dry Powder Formulation

Market By Application

• Respiratory diseases
• Asthma
• Chronic Obstructive Pulmonary Disease (COPD)
• Infectious Diseases
• Other respiratory diseases
• Non-respiratory diseases

Market By Geography

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Rest of Europe
• Asia-Pacific
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• Latin America
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
• GCC
• South Africa
• Rest of Middle East & Africa

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

- What is the overall structure of the market?

- What was the historical value and what is the forecasted value of the market?

- What are the key product level trends in the market?

- What are the market level trends in the market?

- Which of the market players are leading and what are their key differential strategies to retain their stronghold?

- Which are the most lucrative regions in the market space?

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TABLE OF CONTENT CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Pure Cashmere
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Inhalable Drugs Market By Type
1.2.2.1. Global Inhalable Drugs Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Inhalable Drugs Market Revenue Share By Type in 2018
1.2.2.3. Suspension Aerosol
1.2.2.4. Solution Aerosol
1.2.2.5. Dry Powder Formulation
1.2.3. Inhalable Drugs Market By Application
1.2.3.1. Global Inhalable Drugs Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Inhalable Drugs Market Revenue Share By Application in 2018
1.2.3.3. Respiratory diseases
1.2.3.3.1. Asthma
1.2.3.3.2. Chronic Obstructive Pulmonary Disease (COPD)
1.2.3.3.3. Infectious Diseases
1.2.3.3.4. Other respiratory diseases
1.2.3.4. Non-respiratory diseases
1.2.4. Inhalable Drugs Market By Geography
1.2.4.1. Global Inhalable Drugs Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Inhalable Drugs Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Inhalable Drugs Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Inhalable Drugs Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Inhalable Drugs Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Inhalable Drugs Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2018

CHAPTER 4. INHALABLE DRUGS MARKET BY TYPE
4.1. Global Pure Cashmere Revenue By Type
4.2. Suspension Aerosol
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Solution Aerosol
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Dry Powder Formulation
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. INHALABLE DRUGS MARKET BY APPLICATION
5.1. Global Pure Cashmere Revenue By Application
5.2. Respiratory diseases
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.2.3. Asthma
5.2.4. Chronic Obstructive Pulmonary Disease (COPD)
5.2.5. Infectious Diseases
5.2.6. Other respiratory diseases
5.3. Non-respiratory diseases
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA INHALABLE DRUGS MARKET BY COUNTRY
6.1. North America Inhalable Drugs Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Inhalable Drugs Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Inhalable Drugs Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE INHALABLE DRUGS MARKET BY COUNTRY
7.1. Europe Inhalable Drugs Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Inhalable Drugs Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC INHALABLE DRUGS MARKET BY COUNTRY
8.1. Asia-Pacific Inhalable Drugs Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Inhalable Drugs Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA INHALABLE DRUGS MARKET BY COUNTRY
9.1. Latin America Inhalable Drugs Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Inhalable Drugs Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST & AFRICA INHALABLE DRUGS MARKET BY COUNTRY
10.1. Middle East & Africa Inhalable Drugs Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East & Africa Inhalable Drugs Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. COMPANY PROFILE
11.1. AstraZeneca
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Sanofi
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Vectura
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Mylan
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. GlaxoSmithKline
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Mundipharma
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
11.7. Boehringer Ingelheim International GmbH
11.7.1. Company Snapshot
11.7.2. Overview
11.7.3. Financial Overview
11.7.4. Product Portfolio
11.7.5. Key Developments
11.7.6. Strategies
11.8. Cipla Inc.
11.8.1. Company Snapshot
11.8.2. Overview
11.8.3. Financial Overview
11.8.4. Product Portfolio
11.8.5. Key Developments
11.8.6. Strategies
11.9. Others
11.9.1. Company Snapshot
11.9.2. Overview
11.9.3. Financial Overview
11.9.4. Product Portfolio
11.9.5. Key Developments
11.9.6. Strategies

CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope The report is readily available and can be dispatched immediately after payment confirmation.

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