By Infinium Global Research Aug, 2020
The Global Asthma Spacers Market is expected to grow at a CAGR of 3.68% between 2019 and 2025 in terms of value. The asthma spacer is usually made up of plastic and shaped like a tube. Asthma spacers are used by all children and adults for taking a corticosteroid preventer medication. Additionally, it is also by anyone taking a reliever medication. Spacers reduce the risk associated with the side effects of taking high doses of preventer medicine.
According to the World Health Organization, 235 million people suffer from asthma worldwide. Asthma is one of the common chronic breathing diseases. This disease is characterized by wheezing, coughing, chest tightness, and shortness of breath. Asthma starts from childhood but can be pick up in all ages of groups. The major factor such as the growing prevalence of respiratory diseases such as asthma, chronic obstructive pulmonary disease (COPD), obstructive lung disorders over the globe are boosting the market of asthma spacers Market. Metered-dose inhalers (MDI), nebulizers, dry powder inhalers, and Drug delivery devices are widely used for the management of asthma. Now a day’s metered-dose inhaler with a spacer is an effective method of managing asthma. Going further leading manufacturers are focusing on the development of technologically advanced spacer devices that can bring new opportunities to the asthma spacers Market.
Among the geographic, North America is accounted to be the largest share in the global asthma spacers market followed by Europe. The factors responsible for the growth of the market in this region are the rising prevalence of asthma diseases coupled with the adoption of asthma spacers and high expenditure in the healthcare sector. Europe is expected to witness substantial growth in the asthma spacers market during the forecast period. Rising awareness regarding the use of asthma spacers with metered-dose inhalers is expected to create decent demand for the asthma spacers in the Europe region during the forecast period. The Asia Pacific region is anticipated to grow with the highest CAGR in asthma spacers Market owing to a large number of asthmatic population.