RESCUE INHALER MARKET ANALYSIS

Rescue Inhaler MarketSize and Trends

The Rescue Inhaler Market size is expected to reach US$ 27.9 billion by 2030, from US$ 15.5 billion in 2023, at a CAGR of 8.8% during the forecast period. Rescue inhalers, also known as reliever inhalers, provide quick relief from acute asthma attacks and exacerbations of other respiratory conditions like chronic obstructive pulmonary disease (COPD). Rescue inhalers help relax the airway muscles and rapidly ease breathing difficulties within a few minutes. The key growth drivers of the market include the rising burden of respiratory diseases such as asthma and COPD, growing geriatric population, increasing healthcare expenditure, and technological advancements. The rescue inhaler market is segmented by product type, indication, patient type, dosage form, end user, and region. By product type, the metered dose inhaler segment accounts for the largest market share owing to the compact size, fast action, and easier technique.

Rescue Inhaler Market Trends

• Increasing adoption of smart/digital inhalers: A major trend stimulating the growth of the rescue inhaler market is the rising adoption of smart/digital inhaler devices integrated with technology. Smart inhalers can track medication usage, monitor technique errors, and share data with physicians for better disease insights. Companies like Propeller Health and Adherium provide sensor-enabled rescue inhalers that use mobile apps to provide audio/visual feedback to patients. Smart inhalers can improve technique and medication adherence. Market leaders are capitalizing on this trend by launching newer digitally enhanced rescue inhaler models. The growing consumer preference for smart respiratory devices is a key trend fostering market growth.
• Growing demand for portable nebulizers: There has been an increase in the demand for portable handheld nebulizer devices for self-administration of rescue medication. Conventional table-top nebulizers restrict mobility making them unsuitable for home use. However, portable nebulizers are more convenient and easy to use. These devices provide fast relief from acute attacks and are ideal for emergency purposes. Key manufacturers are focusing on miniaturization and improvements in battery life. With rising preference for home treatment, the market for rescue medication nebulizers is estimated to expand significantly.
• Rising awareness about respiratory diseases: Expanding public health efforts aimed at improving awareness regarding respiratory conditions are driving the adoption of rescue inhalers. Various private and public organizations conduct education programs to provide information on disease management and inhaler technique. Knowledge about the optimal use of controller and rescue medication enhances patient compliance. Social media campaigns also help in dissipating information to wider audiences. Activities during World Asthma Day and COPD Awareness month celebrated in November also boost awareness. With improving understanding about respiratory illness, patients are able to better utilize rescue inhalers.
• Increasing online sales: The availability of rescue inhalers through e-commerce channels and online pharmacies has improved access to these products. Online platforms offer convenience and affordable prices that drive consumer preference. Major players have tightened their digital presence by collaborating with prominent e-pharmacies and using targeted online marketing. The adoption of online medicine ordering escalated during the COVID-19 pandemic owing to quarantines and social distancing norms. Market entrants are likely to harness the scope of digital commerce to boost rescue inhaler sales.