Global Respiratory Inhaler Devices Market by Product Types, Technologies, Disease Indications, Distribution Channels, and Regions — Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2020–2026

The respiratory inhaler devices market was valued at approximately USD 32.6 billion in 2019 and is expected to reach around USD 41.2 billion by 2026, expanding at a CAGR of around 4% during the forecast period, between 2020 and 2026. The growth of the market is attributed to surging geriatric population across the globe. Additionally, increasing number of diseases such as asthma and COPD has fueled the growth of the market. However, lack of knowledge of the device usage is one of the primary factors hindering the growth of the market.

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Respiratory inhaler device is a medical device which is used by the patients suffering from breathing problems to regulate their breathing process. The breathing problems occur because of several diseases such as COPD, asthma, fibrosis, ARDS, and other diseases. These devices save lives of hundreds of million people across the globe.

The patients carry these devices because of several factors such as emission of harmful substances from factories and emission of carbon from vehicles which increases the air pollution. Additionally, increase in consumption of smoking and drinking is causes pulmonary diseases in human body. The inhaler devices are simple to use and trustworthy. These devices work for all the patients including complex cases.