Digital dose inhalers offer controlled dosing and connected care features which is anticipated to drive their higher adoption over conventional inhalers for treating respiratory diseases. A digital dose inhaler incorporates medication, a microprocessor and connective technology to deliver the right medication to patients with respiratory disorders in a controlled and connected manner.
The global digital dose inhaler market is estimated to be valued at US$ 64.33 Bn in 2024 and is expected to exhibit a CAGR of 19 % over the forecast period 2024 to 2031.
Key Takeaways
Key players operating in the Digital Dose Inhaler Market Demand are 3M, AstraZeneca, GLENMARK PHARMACEUTICALS LTD., Novartis AG, Sensirion AG, Propeller Health, OPKO Health, Inc., Teva Pharmaceutical Industries Ltd., BEXIMCO Pharmaceuticals, GSK plc., Mundhipharma International, Honeywell International Inc., Veranex, Cognita Labs. Digital dose inhalers offer several advantages over conventional inhalers such as controlled dose administration, connected features for monitoring medication use and respiratory health status, which is creating many opportunities for players in the market. Major players are focusing on partnerships, new product launches and geographical expansion activities to leverage these opportunities. For instance, Propeller Health recently partnered with GSK to integrate its platform with GSK’s Ellipta inhalers to improve medication adherence.
Key opportunities in the digital dose inhaler market include drug-device combination approvals from regulatory bodies, integration of digital connectivity and analytics features by pharmaceutical companies, and adoption of digital therapeutics approach. The digital dose inhaler market is witnessing significant growth in developed regions such as North America and Europe. However, players are also exploring opportunities in other emerging markets such as Asia Pacific and Latin America through partnerships with local players.
Market drivers:
- Growing incidences of respiratory diseases such as asthma and COPD worldwide
- Ability to monitor medication use and respiratory health in real-time using digital connectivity features
- Improved treatment outcomes with controlled and connected digital dose administration
Market restraints:
- Higher costs of digital dose inhalers compared to conventional inhalers
- Operational and usability challenges for elderly patients
- Regulatory uncertainties over digital dosing and data integration features
Segment Analysis
The digital dose inhaler market can be segmented based on product type, technology, distribution channel, and end user. Dry powder inhalers sub segment dominates the product type segment as dry powder inhalers are more widely used across the globe compared to metered dose inhalers. By technology, the connected inhalers sub segment is dominating as connected inhalers help monitor patients medication intake and provide physicians with valuable insights on patients medication usage patterns. The online pharmacy sub segment dominates the distribution channel segment as online pharmacies provide easy accessibility and doorstep delivery of digital dose inhalers. The asthma sub segment dominates the end user segment as asthma is highly prevalent respiratory condition affecting millions worldwide.
Global Analysis
Regionally, North America dominates the global digital dose inhaler market and is expected to continue its dominance over the forecast period. Higher healthcare spending, presence of advanced healthcare infrastructure, widespread awareness about digital technologies, and presence of major players in the region drives the North American market. Europe is the second largest market globally. However, Asia Pacific region is expected to witness highest growth rate during the forecast period attributable to rising respiratory disease burden, increasing healthcare spending, growingadoption of digital health technologies, and expansion efforts by leading players in emerging economies of the region.
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