Germany dry powdered inhaler market is anticipated to grow at a substantial rate of around 3.7% during the forecast period. Germany is one of the key economies of the European region in terms of revenue generation and future opportunities for the dry powdered inhaler market. Major factors that augment the growth of the dry powdered inhaler market in the country include the significant prevalence of respiratory diseases such as asthma and COPD coupled with increasing geriatric population and growing focus towards the development of therapeutics to treat respiratory diseases.
According to the International Monetary Fund, in 2017, the population of the country was about 80 million and the share of the geriatric population is around 21%. Major companies working in the field of respiratory drug and device industry. Ingelheim based Boehringer Ingelheim International GmbH collaborated with Weill Cornell Medicine in February 2017. The collaboration aims to find new treatment approaches for chronic pulmonary diseases. The three-year collaboration aimed to develop novel treatments that could stop and decrease the progression of COPD.
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Germany dry powdered inhaler market is segmented based on type, application, and end-user. Based on the type, preventive, reliever, and long-acting bronchodilators dry powdered inhalers are analyzed. The preventive dry powdered inhaler segment led the global dry powdered inhaler market in 2018. Preventive inhalers are most widely used in the treatment of asthma in children and adults. These inhalers do not entail side effects for long-term use, and exceptionally decreases the possibility of an asthma exacerbation. The preventive inhalers further reduce the airways swelling and hence, are recommended for regular use by the physician. Some of the preventive inhalers available in the market include Budesonide and Fluticasone. Moreover, based on the application, the market has been classified into asthma and COPD diseases. In addition, based on the end-user, homecare and hospitals and clinics have been analyzed.
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Germany Dry Powdered Inhaler Market Segmentation
By Type
· Preventive Inhaler
· Reliever Inhaler
· Long Acting Bronchodilators Inhaler
By Application
· Asthma
· Chronic Obstructive Pulmonary Disease (COPD)
By End-User
· Homecare
· Hospitals and Clinics
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
