Smart Inhalers Market is expected to reach US$ 8,033 21 Mn with a CAGR of 25 5% from 2019-2027
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Smart Inhalers Market is expected to reach US$ 8,033 21 Mn with a CAGR of 25 5% from 2019-2027
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The Global Smart Inhalers Market is estimated to be USD 118.35 Mn in 2020 and is expected to reach USD 257.38 Mn by 2025, growing at a CAGR of 16.81%.
Market Dynamics
Key factors such as growth in respiratory disorders such as asthma and Chronic Obstructive Pulmonary Diseases (COPD) and growing acceptance towards digital healthcare equipment have driven the demand for the smart inhaler market. Similarly, the demand for real-time monitoring devices in the healthcare sector has additionally supported the growth of the market further.
However, the high cost of smart inhalers and the evident presence and utilization of manual inhalers poses to be a restraining factor to the growth of the market.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Insights on the Smart Inhalers Global Market to 2025 - Competitive Analysis and the Impact of COVID-19 - ResearchAndMarkets.com
April 16, 2021 GMT
DUBLIN (BUSINESS WIRE) Apr 16, 2021 The Global Smart Inhalers Market is estimated to be USD 118.35 Mn in 2020 and is expected to reach USD 257.38 Mn by 2025, growing at a CAGR of 16.81%. Key factors such as growth in respiratory disorders such as asthma and Chronic Obstructive Pulmonary Diseases (COPD) and growing acceptance towards digital healthcare equipment have driven the demand for the smart inhaler market. Similarly, the demand for real-time monitoring devices in the healthcare sector has additionally supported the growth of the market further.