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The global smart inhalers market is driven by the growing occurrence of breathing disorders and diseases like asthma and chronic obstructive pulmonary disease, along with the increasing technological developments in the market. The markets in regions like the Asia Pacific are set to exhibit lucrative growth due to an increase in the number of vendors tapping the region's unexplored economies. In conjunction with this, the increasing expenditure on healthcare infrastructure and IT development in emerging countries would positively affect the market in this region. Europe is most likely to see substantial growth in the coming years owing to higher product demand from developing countries within the region, such as the United Kingdom, France, and Germany.
The growing technological developments, along with rising M&A activities, are expected to influence the market positively. In the historical period, AstraZeneca (OTCMKTS: AZNCF) and Adherium, two of the key players in the market, formed a digital health partnership to collaborate on the technology used in smart inhalers. Such collaborations are expected to aid the market growth.
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The major players in the global smart inhalers market are Adherium Limited, AstraZeneca PLC, Boehringer Ingelheim group, Cohero Health, Inc., GlaxoSmithKline plc, Novartis International AG, OPKO Health, Inc., ResMed Inc. (Propeller Health), Teva Pharmaceutical Industries Limited, and Vectura Group plc, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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