Germany Smart Inhalers Market Analysis


  • Type: Common Disease Area
  • Published : April 2021
  • Region: Europe
  • Country: Germany
  • Report ID : 2189

  • Format: PPT, PDF

Germany Smart Inhalers Market: Segmented by Product Type, Disorder, & End-User – Growth, Trends, and Forecasts (2019 – 2028)

SKU: 2189 Categories: ,

Report Overview

Germany’s Smart Inhalers market size stood at around USD XX.X billion in 2019 and is projected to reach USD XX billion by 2028, exhibiting a CAGR of greater than 62% during the forecast period.

Germany Smart Inhalers market is positioned top in holding the highest shares of the European market by owing to the launch of innovative products with the help of the latest technologies. The growing tendency to improve healthcare services is leveraging the demand of the market. Also, government investments in developing new devices in the medical sector are elevating the growth rate of the German smart inhalers market.

Recent developments include collaboration between Novartis and Qualcomm, acquisition of Inspiro Medical by Opko Health, and acquisition of Gecko Health by Teva Pharmaceuticals for manufacturing smart inhalers. These developments aim to manufacture smart inhalers, as well as devices with inbuilt smart inhalers, which will positively increase the market revenue soon, and competition among the manufacturers will increase. Thus, the smart inhalers market is a very lucrative market and is expected to provide multiple opportunities for both consumers as well as manufacturers.

Market Drivers

The rise in the incidence of respiratory diseases is majorly driving the growth of the market. The growing focus on the development of new devices in the medical sector is straight, elevating the demand for the smart inhalers market. These devices are beneficial for physicians to track their patient’s inhale usage, which is additionally accelerating the growth rate of the market. Furthermore, the growing prevalence of effective treatment procedures and improving the quality of drugs is promoting the growth rate of the market.

The surge in the occurrence rate of COPD and cystic fibrosis is predicted to fuel market growth. The easy availability of the devices in pharmaceutical stores and in online stores is expanding the size of the market. Smart inhalers are very accurate and promote the best treatment for patients who have asthma and chronic obstructive pulmonary diseases.

Additionally, the rise in air pollution, which causes disorders like asthma and COPD, the inclination of patients towards digitalized medical devices, increasing aging population are further accelerating the market growth. Rising awareness about medication, increasing investments in R&D of medical devices, new product innovations in the pharmaceutical industry, and the technological advancements in the pharma-medical devices industry are some additional factors that are driving the market.

1. Germany Smart Inhalers Market Overview……………………………
A. Market Size
2. Market Drivers………………………………….………….
A. Incidence of respiratory diseases
B. Easy availability
C. Rising awareness
D. Increasing investments
3. Smart Inhalers Market Segmentation…………………………………
A. By Product Type
a. Nebulizers
b. Inhalers
B. By Disorder
b. Asthma
C. By End-User
a. Patients
b. R&D
c. Others
4. Smart Inhalers Major Products Market Share………………………………
A. Market Analysis, Insights and Forecast – By Revenue
5. Competitive Landscape…………………………………………………………………
A. Major Players
B. Products in Pipeline
6. Key Company Profiles…………………………………………………………………..
A. Boehringer Ingelheim International GmbH, Company overview, Product & Services, Strategies & Financials
B. Novartis Company overview, Product & Services, Strategies & Financials
7. Healthcare Policies and Regulatory Landscape……………………………
A. Policy changes and Reimbursement scenario
8. Factors Driving Future Growth…………………………………………………
A. New Trends and Developments
B. Future Opportunities
9. Potential Market Opportunities………………………………………..
A. Current Market Opportunities
B. Future Market Opportunities
10. Conclusion

Segmentation based on product type:

The German smart inhalers market is segmented by product type as

    • Nebulizers
    • Inhalers

Inhalers can be further bifurcated into metered-dose inhalers and dry powder inhalers. Metered-dose inhalers maintain the amount of dosage used per inhalation for medication whereas dry powder inhalers deliver medications such as corticosteroids directly to the lungs and are breath-activated.

Segmentation based on disorder:

The German smart inhalers market is segmented by disorder as

    • Chronic Obstructive Pulmonary Disease (COPD)
    • Asthma
    • Others

The asthma segment accounted for the highest share, owing to rise in prevalence of people suffering from respiratory diseases such as bronchitis, asthma, and other chronic obstructive pulmonary diseases, whereas COPD is expected to be the fastest-growing segment during the forecast period that would largely affect the smart inhalers market growth.

Segmentation Based on end-user:

The German smart inhalers market is segmented by end-users as

    • Patients
    • R&D
    • Others

The market for smart inhalers is growing for all the segments provided.

Major Players

Some of the major players of the Market are Vectura Group plc, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Boehringer Ingelheim GmbH, AstraZeneca plc, Adherium Limited, Cohero Health, Novartis, LLC, Propeller Health, GlaxoSmithKline plc and OPKO Health, Inc. Boehringer Ingelheim International GmbH, in Feb 2020, announced that the CHMP accepted a recommendation, which granted marketing authorization for the treatment of SSc-ILD in adults.

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

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Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
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Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

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The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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