According to the research report titled, ‘Global Inhalers and Nebulizers Market Size study, by Product (Inhalers and Nebulizers), by Indication (Asthma and COPD), by Distribution Mode (Hospital Pharmacies, Online Pharmacies, and Retail Pharmacies) and Regional Forecasts 2021-2027’, available with MarketStudyReport, global inhalers and nebulizers market is anticipated to amass notable gains during 2021-2027.
 

Increasing prevalence of respiratory diseases and rising healthcare expenditure in developed nations like U.S. and U.K. are propelling the growth of global inhalers and nebulizers market.  According to Statista, the overall healthcare spending as percentage of GPD in the United States is projected to increase from 18.2% in 2021 to 19.7% by 2028.
 

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For the unversed, inhalers and nebulizers are medical devices which are used in the treatment of respiratory ailments like COPD and asthma. Rising number of smokers, surging air pollution, technological advancements, and growing adoption of these devices are thus, augmenting the overall industry outlook.
 

On the contrary, availability of alternatives and rising concerns associated with the side effects of these medical devices are likely to hamper the remuneration scope pf the marketplace in the ensuing years.
 

In terms of product, global inhalers and nebulizers market is split into inhalers and nebulizers, whereas, bifurcation based on indication includes asthma and COPD.
 

Moreover, by distribution mode, the market is classified into online pharmacies, hospital pharmacies, and retail pharmacies.
 

Regionally speaking, North America presently holds a substantial market share owing to rising occurrences of respiratory diseases, technological innovations, and growing geriatric population.
 

Meanwhile, Asia Pacific market is poised to showcase lucrative expansion trends during 2021-2027 accreditable to surging personal disposable income, rising prevlance of diseases, and favorable government policies to increase healthcare spending in the region.
 

Novartis International AG, Koninklijke Philips N.V., Haiden Technology Pvt. Ltd., Glenmark Pharmaceuticals Limited, Dr Trust, DeVilbiss Healthcare LLC, Cohero Health LLC, C.H. Boehringer Sohn AG & Ko. KG, Beurer GmbH, and The 3M company are the leading players defining the competitive hierarchy of global inhalers and nebulizers market.
 

The mentioned companies are adopting various strategies like product launches, R&D investments, mergers & acquisitions, partnerships, and collaboration deals among others to strengthen their position in the overall market.