Latin America Smart Inhalers Market Research Report - Segmented By Product Type, Disorder, End-user and Country (Mexico, Brazil, Argentina, Chile and Rest of Latin America) - Industry Analysis, Size, Share, Trends, COVID-19 Impact & Growth Forecast (2024 to 2029)

Updated On: January, 2024
ID: 5832
Pages: 145

Latin America Smart Inhalers Market Size (2023 to 2028)

The size of the Latin America smart inhalers market was worth USD 11.41 million in 2023 and is estimated to be growing at a CAGR of 68.53% to reach USD 155.11 million by 2028.

The rise in the number of people suffering from various respiratory diseases is undoubtedly a significant factor in increasing the market's growth rate. Also, the trend towards adopting new technologies in the medical sector is elevating the Latin American smart inhalers market demand. Growing awareness among individuals over the availability of various devices through campaigns and digital advertisements is propelling the growth rate of this market to the extent. Smart inhalers are explicitly designed with appropriate medicines where the users are highly benefited and extend the market's size eventually.

Growing support from the It sector in developing various features for the inhalers like attaching sensors on the clip of the device where a physician can get complete details of the usage of the inhaler and promotes to do several treatments, and this is propelling the demand of the smart inhalers market in Latin America.

This research report on the Latin American smart inhalers market has been segmented and sub-segmented into the following categories:

By Product Type: 

  • Nebulizers
  • Inhalers

By Disorder: 

  • Chronic Obstructive Pulmonary Disease
  • Asthma
  • Others

By End-user: 

  • Patients
  • R&D
  • Others

By Country: 

  • Mexico
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America

Regionally, the Brazilian smart inhalers market is expected to account for the most significant share in the Latin American market, owing to the quick adoption of advanced technologies and innovative devices in favor of the end-users. Growing economy from the past few years is also impacting the growth of the smart inhalers market towards positive. In addition, rising incidences of asthma and chronic obstructive pulmonary diseases in this country are straight fuelling the market's growth rate.

The smart inhalers market in Argentina is forecasted to have a lucrative CAGR during the forecast period. The growing tendency to develop new devices in pharmaceutical companies is magnifying the demand for the smart inhalers market. Besides, increasing investments in healthcare centers by both government and non-government organizations are likely to bolster the market's growth rate.


A few of the key participants in the Latin American Smart Inhalers Market profiled in this report are Vectura Group plc, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Boehringer Ingelheim GmbH, AstraZeneca plc, Adherium Limited, Cohero Health, LLC, Propeller Health, GlaxoSmithKline plc and OPKO Health, Inc.

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