The Inhalable Drugs Global Market Report 2023, provides comprehensive information on the inhalable drugs market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Inhalable Drugs Global Market Report 2023, 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%.
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Product innovations are a key trend gaining popularity in the inhalable drug market. Major companies operating in the inhalable drug market are focused on advances in inhalable drugs to sustain their position in the market. For instance, in July 2022, DMV-Fonterra Excipients GmbH & Co. KG, a Germany-based pharma company, expanded its dry powder inhalation (DPI) portfolio with the launch of Lactohale 400. This new grade can be customized to meet specific pharmaceutical company needs and developed jointly with formulators to ensure patient outcomes. The extensive spectrum of lactose-based additives is intended to provide appropriate characteristics for various inhaled therapies. Lactohale 400 is a crushed, dry lactose type suited to DPI applications requiring high flow and cohesiveness. Its anhydrous nature sets it apart from commonly used lactose carriers and offers a different aerosolization performance than lactose monohydrate with the same particle size.
The inhalable drugs market is segmented:
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
North America was the largest region in the inhalable drugs market in 2022.
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
- Global Inhalable Drugs Market Size and Growth
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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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