The North American inhalable drug market is anticipated to grow at a CAGR of 2.8% during the forecast period (2020-2026). The key factor that drives the growth of the North American inhalable drug market includes the increased prevalence of respiratory and non-respiratory diseases across the region along with the presence of several local and multi-national players such as Johnsons and Johnsons, Novartis, Pfizer, and others. Besides, various awareness programs organized by the regional government in collaboration with key companies further accelerate the market growth in the country. Moreover, the availability of a wide range of approved products by the local and multi-national players also drives the market growth over the forecast period.
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The North American inhalable drug market has been segmented on the basis of the application and route of administration. Based on the application, the market is bifurcated into respiratory disease and non-respiratory diseases. The respiratory disease segment is likely to hold a significant share over the forecast period. Based on the route of administration, the market is segmented into the nasal inhalable drug and mouth inhalable drugs. The mouth segment is likely to contribute a significant share over the forecast period.
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North America Inhalable Drugs Market Segmentation
By Application
Respiratory Diseases
Non- Respiratory Diseases
By Route of Administration
Nasal
Mouth
Regional Analysis
US
Canada
Competitive Landscape
AstraZeneca Plc
Overview
AstraZeneca Plc in North America
AstraZeneca Plc in Inhalable Drugs Industry
Recent Developments
AptarGroup, Inc.
Bausch Health Companies Inc.
Boehringer Ingelheim International GmbH
Cipla Ltd.
GlaxoSmithKline Plc
Johnson & Johnson Services Inc.
Merck & Co., Inc.
Novartis International AG
Pfizer Inc.
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