The Business Research Company’s Inhalable Drugs Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Inhalable Drugs Global Market Report 2023 evaluates inhalable drugs market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global inhalable drugs market is expected to grow from $31.20 billion in 2022 to $33.29 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The inhalable drugs market is expected to reach $42.76 billion in 2027 at a CAGR of 6.5%.
The increasing prevalence of respiratory diseases is expected to propel the growth of the inhalable drug market going forward. Respiratory diseases are medical conditions that affect the respiratory system, which includes the lungs, bronchi, trachea, larynx, pharynx, and nasal passages. Inhalable drugs are a crucial and effective treatment option for several respiratory disorders as they deliver medication directly to the lungs. For instance, in June 2023, according to the Australian Institute of Health and Welfare, an Australia-based government agency, there were approximately 6,551 deaths or 135 deaths per 100,000 population caused by respiratory chronic conditions in Australia in 2021, representing 27.1% of all deaths. Furthermore, chronic obstructive pulmonary disease (COPD) accounted for 2.6% of underlying-cause respiratory deaths, respectively. Therefore, the increasing prevalence of respiratory diseases will drive the future inhalable drug market.
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The inhalable drugs market segments in the report are:
1) By Product: Aerosol, Dry Powder Formulation, Spray
2) By Distribution Channel: Hospital Pharmacy, Pharmacy Stores, Other Distribution Channels
3) By Application: Respiratory Diseases, Non-Respiratory Diseases
4) By End Users: Adults, Pediatric, Geriatric
The table of contents in TBRC’s inhalable drugs market report includes:
- Executive Summary
- Inhalable Drugs Market Characteristics
- Inhalable Drugs Market Trends And Strategies
- Inhalable Drugs Market – Macro Economic Scenario
- Inhalable Drugs Market Segmentation.
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- Global Inhalable Drugs Market Competitive Benchmarking
- Global Inhalable Drugs Market Competitive Dashboard
- Key Mergers And Acquisitions In The Inhalable Drugs Market
- Inhalable Drugs Market Future Outlook and Potential Analysis
- Appendix
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