China Inhaler Market Trends, Growth, Analysis, Future Scope and Forecast 2019-2025

China inhaler market was valued at around $2.2 billion in 2018 and is anticipated to grow at a substantial rate of 3.3% during the forecast period. High level of air pollution and significant number of smokers in China is boosting the demand for inhalers in the country. Additionally, rising geriatric population susceptible to asthma and COPD within the country is also driving the demand for inhalers. During June 2012 to May 2015, a survey was conducted by the Ministry of Health and Ministry of Science and Technology of China. About 51,000 citizens participated in the survey with 21,500 men and 29,500 women, according to which, it was estimated that about 100 million adults in 2015 had problem of COPD in the country. The prevalence is higher in men as compared to women. As per the estimation, there were 68.4 million men and 31.5 million women affected by COPD.

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The major players of the China inhaler market include Cipla Ltd., Gerresheimer AG, 3M Co., AstraZeneca PLC, Aradigm Corp., Adherium Ltd., GlaxoSmithKline PLC, Novartis AG, ResMed Corp., Teva Pharmaceuticals Industries Ltd., and others.

The China inhaler market is segmented on the basis of device, type, application, and end-user. On the basis of device, the market is sub-segmented into metered dosed inhaler, dry powdered inhaler, and nebulizer. The dry powder inhaler is estimated to have largest market share in the China inhaler market due to providing easy inhalation solution. Whereas, the market for metered dose inhaler is estimated to be the fastest growing at a CAGR during the forecast period owing to innovations and collaborations by the companies for the development of metered dosed inhaler. Based on the type, preventive, reliever, and long acting bronchodilators inhaler are analyzed. Moreover, on the basis of 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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Furthermore, the market is characterized by the presence of several manufacturers that are developing and providing inhaler to cater to a wide range of customers within the region and across the globe. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players. For instance, in July 2019, Cipla Ltd. announced joint-venture (JV) with China-based Jiangsu Acebright Pharma to make respiratory drugs in China. This JV will allow Cipla to expand its footprints in the country and further strengthen its revenue stream.

China Inhaler Market Segmentation

China Inhaler Market by Device

• Metered Dose Inhaler
• Dry Powder Inhaler
• Nebulizer

China Inhaler Market by Type

• Preventive Inhaler
• Reliever Inhaler
• Long Acting Bronchodilators Inhaler

China Inhaler Market by Application

• Asthma
• Chronic Obstructive Pulmonary Disease (COPD)

China Inhaler Market by End-User

• Homecare
• Hospitals and Clinics

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