The Future of theSmart Hospital Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theSmart Inhalers Market?
The increasing incidence of chronic respiratory diseases (CRDs) is anticipated to propel the smart inhaler market’s expansion. Chronic respiratory diseases (CRDs) include various long-lasting ailments that impact the airways and other lung components. Through monitoring usage and offering reminders for forgotten doses, smart inhalers assist in managing chronic respiratory diseases like asthma and COPD, ensuring regular medication use for symptom relief and outbreak prevention. For example, the National Health Survey conducted by the Australian Bureau of Statistics in 2022 showed that approximately 8.5 million Australians, equivalent to 34% of the population, are afflicted with chronic respiratory diseases. Among these, around 2.8 million people (11%) suffer from asthma, characterized by wheezing and breathlessness due to inflammation of the airways. Furthermore, it is estimated that about 638,000 individuals (2.5%) have chronic obstructive pulmonary disease (COPD), a condition marked by constant airflow restrictions leading to severe breathing problems. Both these diseases pose notable health challenges, interrupting everyday activities and reducing the overall quality of life. Thus, the surge in chronic respiratory diseases (CRDs) is stimulating the growth of the smart inhaler market.
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#How Does the ProjectedSmart Inhalers Market Growth Compare Over the Forecast Period?
The market size for smart inhalers has experienced significant growth in the recent past. From 2024 to 2025, it is projected to expand from $1.65 billion to $1.81 billion, reflecting a compound annual growth rate (CAGR) of 10.1%. This growth during the historical period can be ascribed to the rise in medical adherence, heightened focus on healthcare centered around the patient, and an escalating demand for integrated healthcare devices.
In the coming years, the smart inhalers market is anticipated to experience rapid expansion. The market is forecasted to grow to $2.66 billion by 2029, with a compound annual growth rate (CAGR) of 10.1%. The expected growth during the forecast period could be related to the increasing occurrence of chronic respiratory diseases (CRDs), a higher demand for home healthcare, and more widespread use of digital healthcare solutions. Key trends predicted during the forecast period involve the technological progress in smart inhalers, the application of big data analytics, the use of chip-on-sensors, and advancements in sensor technology.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theSmart Inhalers Market?
The smart inhaler market is witnessing innovation as major firms strive to develop advanced technologies like digital respiratory health solutions in order to reach a broader clientele, boost sales, and increase income. Digital respiratory health solutions are tech platforms aimed at managing respiratory health issues digitally. For example, in February 2022, US-based pharma service firm, Aptar Pharma, launched HeroTracker Sense, a unique digital respiratory health solution. This particular solution is an add-on device that enhances regular metered-dose inhalers (MDIs) into intelligent connected healthcare devices. It is tailored for global patients struggling with chronic respiratory conditions such as asthma, chronic obstructive pulmonary disease, cystic fibrosis, and COVID-19 related conditions. This new-generation MDI add-on device aims to improve patient life quality. By attaching to an MDI canister, the HeroTracker Sense includes advanced capabilities such as sensors for monitoring inhalation coordination, flow rate, and duration. It provides data via a complementary app, offering medication reminders stamped with date and time, and environment alerts like temperature and humidity. This device is devised to improve patient compliance with prescribed treatments by enabling informed and compliant medication usage.
Who Are the Key Market Players Influencing the Growth of the Corn and Smart Inhalers Industry?
Major companies operating in the smart inhalers market are Novartis AG, AstraZeneca Plc, GlaxoSmithKline Plc., 3M Health Care Limited, Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Berry Global Group Inc., Aptar Group Inc., Lupin Limited, Findair Sp.Z.o.o., OPKO Health Inc., Nemera France SAS, Vectura Group Limited, Propeller Health, Inspiro Medical Ltd., Biocorp Production, Cohero Health Inc., Pneuma Respiratory Inc., Amiko Digital Health Limited, Cognita Labs LLC, AireHealth Inc., Adherium Ltd., Zeolr Technologies Pvt Ltd., H&T Presspart Manufacturing Ltd.
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Which Key Market Segments Comprise the Smart Inhalers Market and Drive Its Revenue Growth?
The smart inhalers market covered in this report is segmented –
1) By Type: Dry Powdered Inhalers (DPIs), Metered Dose Inhalers (MDIs)
2) By Indication: Asthma, Chronic Obstructive Pulmonary Disease (COPD), Other Indications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
4) By End-User: Hospitals, Homecare Settings, Other End-Users
Subsegments:
1) By Dry Powdered Inhalers (DPIs): Single-Dose DPIs, Multi-Dose DPIs
2) By Metered Dose Inhalers (MDIs): Conventional MDIs, Smart MDIs With Connectivity Features
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Which Regions Are Emerging as Leaders in the Smart Inhalers Market?
North America was the largest region in the smart inhalers market in 2024. The regions covered in the smart inhalers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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