TechNavio recognizes the following companies as the key players in the Global Pulmonary Drug Delivery Systems Market: 3M Drug Delivery Systems, AstraZeneca plc, GlaxoSmithKline plc, Novartis AG.
Commenting on the report, an analyst from TechNavio’s team said: “The Global Pulmonary Drug Delivery Systems market is highly fragmented with a large number of vendors having significant market shares. These vendors range from large corporations producing a broad range of advanced and premium pulmonary drug delivery systems on a worldwide scale to small and medium-sized companies that concentrate on a single product line in a specific geographic region. Further, there is strong competition from cheaper private label products also. The leading vendors are presently working on low profit because of strong competition. Moreover, there is severe pricing pressure, which leads to a reduction in vendors’ profit margins. Thus, intense competition is a major challenge faced by the market, and it is expected to pose a strong challenge to the market growth during the forecast period. ”
According to the report, one of the major drivers is the increasing prevalence of lung-related or respiratory diseases such as asthma and COPD across the globe. It is estimated that around 300 million people are suffering from asthma. This influences the market for pulmonary drug delivery inhalation devices.
Further, the report states that one of the most important challenges is the intense competition among vendors, which reduces profit margins of vendors.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are AkelaPharma Inc., Alkermes Inc., Aradigm Corp., Dainippon Sumitomo PharmaCo. Ltd., Baxter International Inc., ChiesiFarmaceuticiS.p.A., Consort Medical plc, ,Graceway Pharmaceuticals LLC, Oriel Therapeutics Inc., SkyePharmaplc, Valois SAS, and Vectura Group plc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-pulmonary-drug-delivery-systems-…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Pulmonary Drug Delivery Systems Market 2012-2016
