Market Research Report
Pulmonary Drug Delivery Systems Market by Product, Application (Asthma, Chronic Obstructive Pulmonary Diseases, and Cystic Fibrosis), and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021--2030
|Pulmonary Drug Delivery Systems Market by Product, Application (Asthma, Chronic Obstructive Pulmonary Diseases, and Cystic Fibrosis), and Distribution Channel : Global Opportunity Analysis and Industry Forecast, 2021--2030|
Published: December 1, 2021
Allied Market Research
Content info: 255 Pages
Delivery time: 2-3 business days
The global pulmonary drug delivery systems market was valued at $49782.76 million in 2020, and is estimated to reach $ 91,128.61 million by 2030, growing at a CAGR of 6.08% from 2021 to 2030.
Targeted drug delivery system (TDDS) is a system of directing the drug directly into its targeted body site. Pulmonary drug delivery system (PDDS) is a type of targeted drug delivery system in which medicine is administered by inhalation method. PDDS has an advantage of quick onset of action over any other route of administration and plays an important role in asthma and chronic obstructive pulmonary disease (COPD). PDDS is a special type of device that is known as Aerosol. It is a pressurized dosage form containing one or more drugs which upon actuation emit a fine dispersed liquid and/or solid materials in gaseous medium. By device, PDDS is divided into nebulizer, metered dose inhaler, and dry powder inhaler.
The growth of the global pulmonary drug delivery market is driven by the rise in air pollution, and technical advancements. Furthermore, the rise in smoking culture is responsible for the increase in the number of COPD patients. Furthermore, air pollution causes inflammation of the bronchi & lungs, which is likely to enhance the market growth during the forecast period. According to the World Health Organization (WHO), in 2018, 9 out of 10 people inhale air that contain high levels of pollutants and an alarming death of 7 million people by ambient (outdoor) and household air pollution was noted. Pulmonary drug delivery has the advantage of quick onset time, which provides immediate relief in acute pulmonary spasms and COPD, emphasizing the importance of PDDS. The global PDDS market is expected to grow as it can be an alternative and effective targeted drug delivery option in the case of COVID-19. However, the high price of a pulmonary drug delivery system can limit the market growth. As per reports of CDC, the total treatment cost for asthma is $7 billion and For COPD is $5 billion, 2020.
The pulmonary drug delivery market is segmented on the basis of product, application, distribution channel, and region. By product, the market is divided into dry powder inhaler, metered dose inhaler, and nebulizer. The dry powder inhaler segment is further bifurcated into single dose inhaler and multi dose inhaler. The metered dose inhaler segment is further divided into manually-actuated pressurized inhaler and breath-actuated pressurized inhaler. The nebulizers segment is further classified into jet nebulizer, ultrasonic wave nebulizer, and vibrating mesh nebulizer.
By application, it is classified into asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis, and others. By distribution channel, it is categorized into retail pharmacies, hospital pharmacies, and e-commerce. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
By Distribution Channel