Respiratory Drug Delivery Formulation Market Outlook, Opportunity and Forecast, 2019-2026embed
The pulmonary route of drug delivery is most effective in recent times for treatment of respiratory diseases as it enables to target drug delivery directly to lung both for local and systemic treatment.
Respiratory Drug Delivery Formulation Market - GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2018-2026 REPORT DESCRIPTION Respiratory Drug Delivery Formulation Market – Overview As per the Global Asthma Network, 2014, asthma affects nearly 334 million people worldwide, thus increase in prevalence and incidence of respiratory diseases has led to increase in demand for the respiratory drug delivery formulations. Pharmaceutical manufacturers are focused on increasing access to affordable medications to provide novel options to patients and pharmacists, thereby addressing the limited availability of respiratory drug delivery formulations, which in turn is expected to augment market growth. For instance, in August, 2017, Teva Pharmaceuticals announced that the U.S. FDA approved its QVAR RediHaler inhalation aerosol used for the maintenance treatment of asthma as a prophylactic therapy in patients aged 4 years and older. Furthermore, in December 2018, Teva Pharmaceuticals received U.S. FDA approval for its ProAir Digihaler device, a digital inhaler that uses sensors to connect to mobile app. It is indicated for the treatment of bronchospasm in people with reversible obstructive airway disease. Moreover, rising prevalence of various infectious diseases, including respiratory tract infections, is expected to drive growth of the respiratory drug delivery formulation market in the near future. For instance, according to a study published in the Lancet Global Health Journal, in 2016, an estimated 55.3 million cases of chronic obstructive pulmonary disease were observed in India. REPORT DESCRIPTION Respiratory Drug Delivery Formulation Market Taxonomy: On the basis of formulation type: Solution Aerosol Suspension Aerosol On the basis of device type: Metered Dose Inhaler Dry Powder Inhaler On the basis of canister type: Plain Canister Coated Canister On the basis of application: Chronic Obstructive Pulmonary Disease (COPD) Asthma Cystic Fibrosis Get Request a Sample Copy @ https://www.coherentmarketinsights.com/insight/request-sample/2649 REPORT DESCRIPTION Respiratory Drug Delivery Formulation Market – Key Players Teva Pharmaceutical Industries Ltd GlaxoSmithKline AstraZeneca plc Merck and Co., Inc Omron Corporation Novartis AG Boehringer Ingelheim GmbH Sunovion Pharmaceuticals Inc, Hovione Catalent Pharma Solutions Aphios Corporation Get More Inf @ https://www.coherentmarketinsights.com/ongoing-insight/respiratory-drug-delivery-formulation-market-2649 ABOUT COHERENT MARKET INSIGHTS Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. 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