Aerosol Delivery Devices Market is segmented By Product Type (Dry Powder Inhaler, Metered Dose Inhal...
Market Size in USD Bn
CAGR5.5%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 5.5% |
Market Concentration | Medium |
Major Players | Novartis AG, AstraZeneca, GlaxoSmithKline plc, Teva Pharmaceutical Industries Ltd., CHIESI Farmaceutici S.p.A. and Among Others |
The Global Aerosol Delivery Devices Market is estimated to be valued at USD 35.77 Bn in 2025 and is expected to reach USD 52.03 Bn by 2032, growing at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2032.
The market has been witnessing steady growth over the past few years due to rising prevalence of respiratory diseases such as asthma and COPD. The demand for devices such as metered dose inhalers and dry powder inhalers has increased substantially driven by the growing cases of respiratory disorders worldwide caused by factors including increasing pollution levels, rising smoking rates and aging population. Additionally, technological advancements in aerosol delivery devices focusing on therapeutic efficacy and patient comfort coupled with increasing healthcare expenditures in emerging nations are also contributing to the market expansion. However, availability of alternative routes of drug administration and issues with inhaler technique may hamper the strong growth momentum of this market during the forecast period.