Smart Inhalers Market By Product Type (Inhalers, Metered Dose Inhalers, Dry Powder Inhalers, Nebulizers), By Application (COPD and Asthma), By Distribution Channel (Hospitals, Retail Pharmacies and Online Pharmacies) and Geography

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Smart Inhalers Market size was valued at USD 10.8 billion in 2022, growing at a CAGR of 19.2% during the forecast period 2023-29. Smart Inhalers Market type of advanced inhaler that is digitally connected to apps on a phone or tablet, allowing clinicians to better manage a patient's medical condition. Smart inhalers use Bluetooth technology to track inhaler usage, remind patients to take their prescription, and collect data to aid in care planning. Aside from respiratory disease treatment, the gadget also sends a smartphone notice when a patient reaches a high pollen or extremely polluted location, allowing the patient to select whether or not to enter the area. Smart inhalers include sensors that allow patients to automatically track how often they use their inhaler, eliminating the possibility of human error. Many countries' public health systems have been overburdened as a result of the COVID-19 crisis, highlighting the critical need for long-term investment in health systems. As the COVID-19 epidemic spreads, the healthcare industry's growth is projected to slow. The life sciences industry is booming thanks to rising demand for in vitro diagnostics products and increased research and development efforts around the world. However, sales in the medical technology and imaging industry are declining as a result of fewer procedures being performed and equipment procurement being delayed or postponed. In addition, after the pandemic, virtual consultations with healthcare specialists are likely to become the standard way of care delivery. Digital health will continue to grow in the coming years as telehealth transforms care delivery. Nowadays there are extensively available connected devices for asthma and COPD, particularly smart inhalers, which monitor and track drug use accurately. Smart inhalers are robust and accurate and respiratory inhalers currently available are inadequate for proper asthma and COPD care. Instead of simply offering incrementally better drugs, this scenario suggests that smart inhalers have new ways to deliver and enable patient self-management.

The Smart Inhalers Market Key Developments:
  • In 2019, collaboration between Novartis and Qualcomm, acquisition of Inspiro Medical by Opko Health, and acquisition of Gecko Health by Teva Pharmaceuticals for manufacturing smart inhalers.
  • In September 2017, Adherium has received approval from FDA for its new Symbicort inhaler monitoring device SmartTouch for the Symbicort aerosol inhaler from AstraZeneca.
  • In February 2017, Propeller Health collaborated with Novartis to develop a custom add-on sensor for the Breezhaler inhaler. In 2019, world's first smart inhaler was approved by FDA-Teva's ProAir Digihaler.

Smart Inhalers Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

19.2%

Largest Market

North America

Fastest Growing Market

Europe
Smart Inhaler Market Dynamics

The Global smart inhalers market is driven by growing prevalence of people suffering from asthma and copd and technological developments in the development of better smart inhalers devices and systems. Chronic respiratory diseases account for about 8.3% of the global chronic disease burden, contributing to more than 4 million deaths a year, according to figures from the WHO. COPD is believed to occur in over 210 million people worldwide, with about 300 million asthma patients expected. In addition, untapped consumer potential is expected to provide lucrative opportunities for market development in smart inhalers in emerging regions with more population and shortage of healthcare amenities, however higher costs associated with the production of smart inhalers for asthma and COPD are expected to hinder the growth of smart inhalers market due to its unaffordability in the developing countries.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup's details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market

Smart Inhalers Market Segmentation

By Product Type
  • Inhalers
  • Metered dose inhalers
  • Dry powder inhalers
  • Nebulizers
By Application
  • Asthma
  • COPD
Distribution channel
  • Hospitals
  • Retail pharmacies
  • Online pharmacies
Geography

North America

  • US
  • Canada

Europe

  • Germany
  • UK
  • France
  • Russia
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • India
  • Korea
  • Australia & New Zealand
  • Rest of APAC

South America

  • Brazil
  • Argentina
  • Columbia
  • Mexico
  • Rest of South America

Middle East and Africa

  • UAE
  • Egypt
  • Nigeria
  • South Africa
  • Rest of MEA

Frequently Asked Questions

2022 is the base year and 2029 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.

Smart Inhalers Market size was valued at USD 10.8 billion in 2022, growing at a CAGR of 19.2% from 2023-29.

1.Executive Summary
2.Global Smart Inhalers Market Introduction 
2.1.Global Smart Inhalers Market  - Taxonomy
2.2.Global Smart Inhalers Market  - Definitions
2.2.1.Product Type
2.2.2.Application
2.2.3.Distribution channel
2.2.4.Region
3.Global Smart Inhalers Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Smart Inhalers Market Analysis, 2018-2022 and Forecast 2023-2029
4.1.  Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Smart Inhalers Market  By Product Type, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
5.1. Inhalers
5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Metered dose inhalers
5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Dry powder inhalers
5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Nebulizers
5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Smart Inhalers Market  By Application, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
6.1. Asthma
6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. COPD
6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
7.Global Smart Inhalers Market  By Distribution channel, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
7.1. Hospitals
7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Retail pharmacies
7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Online pharmacies
7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8.Global Smart Inhalers Market  By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9.North America Smart Inhalers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
9.1. Product Type Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Inhalers
9.1.2.Metered dose inhalers
9.1.3.Dry powder inhalers
9.1.4.Nebulizers
9.2.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Asthma
9.2.2.COPD
9.3.  Distribution channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Hospitals
9.3.2.Retail pharmacies
9.3.3.Online pharmacies
9.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10.Europe Smart Inhalers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
10.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Inhalers
10.1.2.Metered dose inhalers
10.1.3.Dry powder inhalers
10.1.4.Nebulizers
10.2.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Asthma
10.2.2.COPD
10.3.  Distribution channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Hospitals
10.3.2.Retail pharmacies
10.3.3.Online pharmacies
10.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
10.4.7.
11.Asia Pacific (APAC) Smart Inhalers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
11.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Inhalers
11.1.2.Metered dose inhalers
11.1.3.Dry powder inhalers
11.1.4.Nebulizers
11.2.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Asthma
11.2.2.COPD
11.3.  Distribution channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Hospitals
11.3.2.Retail pharmacies
11.3.3.Online pharmacies
11.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12.Middle East and Africa (MEA) Smart Inhalers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
12.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Inhalers
12.1.2.Metered dose inhalers
12.1.3.Dry powder inhalers
12.1.4.Nebulizers
12.2.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Asthma
12.2.2.COPD
12.3.  Distribution channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Hospitals
12.3.2.Retail pharmacies
12.3.3.Online pharmacies
12.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13.Latin America Smart Inhalers Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million)
13.1. Product Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Inhalers
13.1.2.Metered dose inhalers
13.1.3.Dry powder inhalers
13.1.4.Nebulizers
13.2.  Application Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Asthma
13.2.2.COPD
13.3.  Distribution channel Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Hospitals
13.3.2.Retail pharmacies
13.3.3.Online pharmacies
13.4.  Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Adherium
14.2.2.AstraZeneca
14.2.3.Cohero health
14.2.4.GlaxoSmithKline
14.2.5.Gecko Health Innovations
14.2.6.Inspiro medical
14.2.7.Propeller Health
15. Research Methodology 
16. Appendix and Abbreviations 
  • Adherium
  • AstraZeneca
  • Cohero health
  • GlaxoSmithKline
  • Gecko Health Innovations
  • Inspiro medical
  • Propeller Health

Adjacent Markets