The era of development is leading to
a hazardous increase in environmental pollution, which is giving birth to a
number of chronic respiratory diseases such as asthma and COPD and is resulting
in both physical and psychological suffering for the patients. The global
market for inhalation systems is growing rapidly because of increasing
respiratory problems and is expected to have a high growth rate during the
period from 2012 to 2018. The United States and Europe hold the maximum market
share because these are industrialized countries with more environmental
pollution.
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Some of the key drivers of this
market are industrialization which leads to pollution and chronic respiratory
problems, easy-to-use inhalation devices available in market, faster delivery,
a bigger area for absorbing, cost effectiveness, and technological
advancements. Some of the factors restraining the growth are difficulty in
standardizing dosages for patients, and technical issues in designing inhalers.
The market can be segmented on the basis of inhalation products into metered
dose inhalers, dry powder inhalers, and liquid droplet inhalers and
nebulizers.
Metered dose inhalers (MDI) use
pressurized gas to release the dose when they are activated by the patient.
MDIs constitute the largest market share among inhalation systems. Dry powder
inhalers are used for treating cystic fibrosis, a life threatening lung
disease. It constitutes the second largest product segment in the inhalation
systems market. North America and Europe currently lead the market for
inhalation systems followed by Asia-Pacific and Africa, but the market is
expected to expand rapidly in Asia and Africa due to an increase in diabetic
patients.
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