Monday, 31 October 2022

Digital Dose Inhalers Market to Explore Emerging Trends of Coming Years

Global Digital Dose Inhalers Market: Introduction

Transparency Market Research delivers key insights on the global digital dose inhalers market. In terms of revenue, the global digital dose inhalers market is estimated to expand at a CAGR of ~ 10% during the forecast period, owing to numerous factors, regarding which, TMR offers thorough insights and forecasts in the digital dose inhalers market report.

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Digital dose inhalers possess advanced features that aid in the treatment of respiratory diseases such as asthma and COPD (chronic obstructive pulmonary disease). Digital dose inhalers detect inhaler use and also transmit data. These inhalers contain sensors that record when the medication is being administered. They are Bluetooth-enabled, and can therefore be paired wirelessly with a tablet, smartphone, or computer, in order to enable automatic transfer of data from the digital dose inhaler.

In this market report, TMR proposes that, the dry powder inhalers segment of the digital dose inhalers market is anticipated to expand at a high CAGR during the forecast period. Dry powder inhalers are drug delivery devices that are used to deliver the dry powder formulation of an active drug for systemic or local effects through a pulmonary route. Dry powder inhalers are utilized to deliver the drug directly deep into the lungs via through respiration. Furthermore, dry powder inhalers do not require coordination between actuation and inhalation, and they are increasingly being explored as devices for systemic drugs delivery.

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In terms of application, the asthma segment held a leading share of the global digital dose inhalers market in 2018. According to WHO, currently, around 235 million people suffer from asthma. It is considered to be a common disease among children. Surge in the incidences of asthma and increasing combination of genetic predisposition with environmental exposure to inhaled substances and particles can irritate the airways or provoke allergic reactions. Increase in geriatric population, pollution, allergens, occupational hazards, number of respiratory disease cases, tobacco consumption, and patient population are expected to drive the digital dose inhalers market. Additionally, technological features, including advanced features such as detection of inhaler usage and transmission of data comprising dose counters, and spray technology boost the digital dose inhalers market. Furthermore, technologies in digital dose inhalers include sensors and recording of medication intake time and also inclusion of wireless Bluetooth technology, accompanied with applications on digital devices such as smartphones, tablets, and computers, leads to increased patient adherence to medication and better outcomes. This, in turn, drives the digital dose inhalers market.

However, growing awareness regarding the adverse effects of chlorofluorocarbons employed as a propellant in metered dose inhalers and incidences of drug irritation are key factors that are estimated to hamper the growth of the digital dose inhalers market.

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Global Digital Dose Inhalers Market: Prominent Regions

North America accounts for a key share of the global digital dose inhalers market. The digital dose inhalers market in the region is likely to expand in the near future, due to rapid increase in the geriatric and population, and surge in extensive research and development to provide more advanced and efficient products. Furthermore, the digital dose inhalers market in Asia Pacific is projected to expand at a rapid pace during the forecast period, due to the increasing geriatric population, increasing prevalence of respiratory diseases, growing urbanization, and increasing pollution and allergens. The digital dose inhalers market in the Middle East and Latin America is expected to expand at a moderate pace in the near future.

Key players operating in the global digital dose inhalers market are emphasizing on approvals from government bodies for new digital dose inhalers, launching more advanced digital dose inhalers constituting novel technologies, thereby providing superior products in the digital dose inhalers market.

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Global Digital Dose Inhalers Market: Key Players

Key players operating in the global digital dose inhalers market include Novartis AG, AstraZeneca, Glenmark, GlaxoSmithKline plc., Teva Pharmaceutical Industries Ltd, 3M, Sensirion AG Switzerland, AptarGroup, Inc., Cipla Inc., and H&T Presspart Manufacturing Ltd.

Global Digital Dose Inhalers Market: Segmentation

Digital Dose Inhalers Market by Product

  • Metered Dose Inhalers
  • Dry Powder Inhalers

Digital Dose Inhalers Market by Application

  • Asthma
  • COPD (Chronic Obstructive Pulmonary Disease)
  • Others

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Transparency Market Research Inc.
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USA – Canada Toll Free: 866-552-3453
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Friday, 28 October 2022

Stem Cells Market Growth Trends, Current Demand and Development Report 2021-2028

Stem Cells Market: Introduction

According to the report, the global stem cells market was valued at US$ 11.73 Bn in 2020 and is projected to expand at a CAGR of 10.4% from 2021 to 2028. Stem cells are defined as specialized cells of the human body that can develop into various different kinds of cells. Stem cells can form muscle cells, brain cells and all other cells in the body. Stem cells are used to treat various illnesses in the body.

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North America was the largest market for stem cells in 2020. The region dominated the global market due to substantial investments in the field, impressive economic growth, increase in incidence of target chronic diseases, and technological progress. Moreover, technological advancements, increase in access to healthcare services, and entry of new manufacturers are the other factors likely to fuel the growth of the market in North America during the forecast period.

Asia Pacific is projected to be a highly lucrative market for stem cells during the forecast period. The market in the region is anticipated to expand at a high CAGR during the forecast period. High per capita income has increased the consumption of diagnostic and therapy products in the region. Rapid expansion of the market in the region can be attributed to numerous government initiatives undertaken to improve the health care infrastructure. The market in Asia Pacific is estimated to expand rapidly compared to other regions due to shift in base of pharmaceutical companies and clinical research industries from developed to developing regions such as China and India. Moreover, changing lifestyles and increase in urbanization in these countries have led to a gradual escalation in the incidence of lifestyle-related diseases such as cancer, diabetes, and heart diseases.

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Technological Advancements to Drive Market

Several companies are developing new approaches to culturing or utilizing stem cells for various applications. Stem cell technology is a rapidly developing field that combines the efforts of cell biologists, geneticists, and clinicians, and offers hope of effective treatment for various malignant and non-malignant diseases. The stem cell technology is progressing as a result of multidisciplinary effort, and advances in this technology have stimulated a rapid growth in the understanding of embryonic and postnatal neural development.

Adult Stem Cells Segment to Dominate Global Market

In terms of product type, the global stem cells market has been classified into adult stem cells, human embryonic stem cells, and induced pluripotent stem cells. The adult stem cells segment accounted for leading share of the global market in 2020. The capability of adult stem cells to generate a large number of specialized cells lowers the risk of rejection and enables repair of damaged tissues.

Autologous Segment to Lead Market

Based on source, the global stem cells market has been bifurcated into autologous and allogenic. The autologous segment accounted for leading share of the global market in 2020. Autologous stem cells are used from one’s own body to replace damaged bone marrow and hence it is safer and is commonly being practiced.

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Regenerative Medicines to be Highly Lucrative

In terms of application, the global stem cells market has been categorized into regenerative medicines (neurology, oncology, cardiology, and others) and drug discovery & development. The regenerative medicines segment accounted for major share of the global market in 2020, as regenerative medicine is a stem cell therapy and the medicines are made using stem cells in order to repair an injured tissue. Increase in the number of cardiac diseases and other health conditions drive the segment.

Therapeutics Companies Emerge as Major End-users

Based on end-user, the global stem cells market has been divided into therapeutics companies, cell & tissue banks, tools & reagents companies, and service companies. The therapeutics companies segment dominated the global stem cells market in 2020. The segment is driven by increase in usage of stem cells to treat various illnesses in the body. Therapeutic companies are increasing the utilization of stem cells for providing various therapies. However, the cell & tissue banks segment is projected to expand at a high CAGR during the forecast period. Increase in number of banks that carry out research on stem cells required for tissue & cell growth and elaborative use of stem cells to grow various cells & tissues can be attributed to the growth of the segment.

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Regional Analysis

In terms of region, the global stem cells market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global stem cells market in 2020, followed by Europe. Emerging markets in Asia Pacific hold immense growth potential due to increase in income levels in emerging markets such as India and China leading to a rise in healthcare spending.

Competition Landscape

The global stem cells market is fragmented in terms of number of players. Key players in the global market include STEMCELL Technologies, Inc., Astellas Pharma, Inc., Cellular Engineering Technologies, Inc., BioTime, Inc., Takara Bio, Inc., U.S. Stem Cell, Inc., BrainStorm Cell Therapeutics, Inc., Cytori Therapeutics, Inc., Osiris Therapeutics, Inc., and Caladrius Biosciences, Inc.

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Global Stem Cells Market: Segmentation

Stem Cells Market, by Product

  • Adult Stem Cell
  • Human Embryonic Stem Cell
  • Induced Pluripotent Stem Cell
  • Others

Stem Cells Market, by Source

  • Autologous
  • Allogenic

Stem Cells Market, by Application

  • Regenerative Medicines
    • Neurology
    • Oncology
    • Cardiology
    • Others
  • Drug Discovery & Development

Stem Cells Market, by End-user

  • Therapeutics Companies
  • Cell & Tissue Banks
  • Tools & Reagents Companies
  • Service Companies

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Rohit Bhisey
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Websitehttps://www.transparencymarketresearch.com
Bloghttps://tmrblog.com
Email: sales@transparencymarketresearch.com

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