The Global Respiratory Inhaler Device Market Accounted for USD 30 Billion in 2015
The global respiratory inhaler device market is segmented into product such as dry powder inhaler (DPI), metered dose inhaler (MDI) and nebulizer. Additionally, nebulizer segment is sub-segmented into compressed air nebulizer, ultrasonic nebulizer and mesh nebulizer. Further, metered dose inhaler (MDI) captured the largest segment in 2015, accounting for 70% of the global revenue. Further, the growth of this segment is attributed to increasing number of population affected respiratory diseases such as asthma. Moreover, continuous advancement in inhaler devices is also believed to spur the growth respiratory inhaler device market. Global respiratory inhaler device market is expected to register a significant CAGR of 4.3% over the forecast period i.e. 2016-2023. Moreover, the global respiratory inhaler device market is anticipated to reach at noteworthy revenue by 2023. The market is expected to expand on the back of rising occurrence of population affected with respiratory diseases ...