Inhaled Corticosteroid Device Market
By Types;
Beclomethasone Dipropionate, Budesonide, Fluticasone Inhaler Powder and MometasoneBy Distribution Channel;
Hospital Pharmacies, Retail Pharmacies and Online PharmaciesBy Indication;
Asthma, Chronic Obstructive Pulmonary Disease (COPD) and OthersBy End-Users;
Hospitals, Clinics and Respiratory Care CenterBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Inhaled Corticosteroid Device Market Overview
Inhaled Corticosteroid Device Market (USD Million)
In the year 2024, the Inhaled Corticosteroid Device Market was valued at USD 663.46 million. The size of this market is expected to increase to USD 930.38 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.9%.
Inhaled Corticosteroid Device Market
*Market size in USD million
CAGR 4.9 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 4.9 % |
Market Size (2024) | USD 663.46 Million |
Market Size (2031) | USD 930.38 Million |
Market Concentration | High |
Report Pages | 391 |
Major Players
- Plumage Therapeutics LLP
- Pearl Therapeutic Inc
- Teijin LTD
- Glaxos Advair
- Amgen Inc
- Kos Pharmaceutical
- Teva Pharmaceutical
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Inhaled Corticosteroid Device Market
Fragmented - Highly competitive market without dominant players
Rising Demand for Respiratory Care Solutions
The inhaled corticosteroid (ICS) devices is experiencing significant growth, largely due to the increasing burden of chronic respiratory conditions like asthma and chronic obstructive pulmonary disease (COPD). Inhaled corticosteroids represent a major share—over 40%—of the global respiratory treatment landscape, playing a central role in long-term disease management. Improved awareness of respiratory health and greater access to early diagnostic tools are further driving the need for reliable and effective inhalation therapies.
Technological Integration in Drug Delivery
The development of ICS devices has progressed significantly, with a notable shift towards smart, connected delivery systems. Today, nearly 25% of newly released inhalers feature digital enhancements such as dose tracking, adherence reminders, and Bluetooth connectivity. These innovations not only improve patient adherence but also support personalized treatment regimens, contributing to better clinical outcomes and higher device utilization rates.
Innovation focused on ease of use has become essential in driving patient engagement and long-term compliance. Research indicates that around 30% of users abandon inhaler use due to complexity or misuse, highlighting the importance of intuitive device design. Manufacturers are responding with simplified mechanisms, reduced inhalation effort requirements, and ergonomic designs that cater to a broader range of users—including children, older adults, and first-time patients.
Regulatory Focus on Inhalation Therapies
Regulatory bodies are increasingly prioritizing the safety, sustainability, and efficiency of inhalation-based therapies. With nearly 15% of new filings now addressing environmental concerns such as eco-friendly propellants and recyclable materials, the market is shifting towards greener, more compliant device solutions. Updated treatment guidelines and regulatory backing for ICS-based maintenance therapies are accelerating innovation and creating favorable conditions for market expansion.
Investment Trends and Competitive Landscape
The market is being reshaped by increased investment in research and strategic partnerships between pharmaceutical and medical device companies. In the past two years, over 20% of market participants have expanded their ICS portfolios through acquisitions, product launches, and digital health integrations. The push toward smart drug-device combinations and individualized treatment platforms is expected to maintain upward momentum and foster strong competitive differentiation in the years ahead.
Inhaled Corticosteroid Device Market Key Takeaways
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Inhaled corticosteroids remain a cornerstone in respiratory treatment, accounting for well over 40 % of the global therapeutic landscape, underscoring their pivotal role in managing chronic conditions like asthma and COPD.
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Rapid growth is fuelled by rising prevalence of respiratory ailments alongside enhanced awareness and earlier diagnosis, boosting demand for inhalation therapies.
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The market structure shows high concentration: just a handful of key players dominate, signaling fierce competition and strategic importance of brand leadership.
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Product innovation is gaining ground, with the introduction of dual-action therapies combining bronchodilators and corticosteroids to streamline treatment and reduce exacerbations.
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Smart inhaler technologies featuring sensors and connectivity are steadily gaining traction, enhancing adherence, reducing waste, and aligning with digital health trends.
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Strong momentum continues in combination therapies within single devices, improving convenience while reinforcing long-term disease control strategies.
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The ongoing expansion of patient-centric care models, including remote monitoring and telehealth integration, positions inhaled corticosteroid devices at the forefront of digital respiratory management.
Inhaled Corticosteroid Device Market Recent developments
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In April 2024, Teva Pharmaceutical Industries Ltd. partnered with Launch Therapeutics, Inc. to advance TEV-248, an innovative inhaled therapy. This formulation combines a corticosteroid with a SABA to provide rapid relief while controlling inflammation in asthma patients. The alliance brings together Teva’s expertise in respiratory care and Launch Therapeutics’ late-stage development strengths, driving progress in advanced asthma treatment solutions.
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In July 2023, Hormosan Pharma GmbH, a subsidiary of Lupin, introduced Luforbec, a pressurized metered-dose inhaler for adults with asthma and COPD. This treatment combines an inhaled corticosteroid with a long-acting beta2-agonist, offering dual benefits of quick symptom relief and sustained disease control. The launch reflects Lupin’s strategy to strengthen its respiratory portfolio and meet rising demand for effective combination inhalers.
Inhaled Corticosteroid Device Market Segment Analysis
In this report, the Inhaled Corticosteroid Device Market has been segmented by Types, Indication, Applications, End-Users, and Geography.
Inhaled Corticosteroid Device Market, Segmentation by Types
The Inhaled Corticosteroid Device Market has been segmented by Types into Beclomethasone Dipropionate, Budesonide, Fluticasone Inhaler Powder, and Mometasone.
Beclomethasone Dipropionate
Beclomethasone Dipropionate continues to be a front-runner in the inhaled corticosteroid (ICS) device market, contributing to nearly 28% of global usage. Widely utilized in the treatment of asthma and COPD, this compound is especially favored for its affordability and proven therapeutic efficacy. Its presence is predominantly seen in pressurized metered-dose inhalers (pMDIs), which are particularly common in emerging economies due to their low production costs and ease of access.
Budesonide
Budesonide-based devices account for about 25% of the total market. Known for its fast-acting anti-inflammatory response and low risk of systemic side effects, Budesonide is a go-to option for long-term respiratory therapy. Available in both dry powder inhalers (DPIs) and nebulized forms, it effectively caters to a diverse patient base, including children and elderly individuals who may require gentler treatment forms.
Fluticasone Inhaler Powder
The Fluticasone Inhaler Powder segment dominates the market with an approximate 30% share, making it the most widely used ICS type globally. It is highly regarded for its potent anti-inflammatory action, user-friendly dosing schedule, and effectiveness in combination inhaler therapies. These features make it a preferred choice in developed healthcare markets, where patient adherence and clinical performance are key decision drivers.
Mometasone
Although Mometasone holds a smaller share at 17%, it is rapidly gaining popularity for its once-daily dosing and mild side effect profile. The compound’s increased acceptance in North America and European regions highlights a growing shift toward next-generation corticosteroids that prioritize both efficacy and patient convenience. As research advances, Mometasone is poised to become a strong competitor in the ICS landscape.
Inhaled Corticosteroid Device Market, Segmentation by Indication
The Inhaled Corticosteroid Device Market has been segmented by Indication into Asthma, Chronic Obstructive Pulmonary Disease (COPD), and Others.
Asthma
The asthma segment leads the inhaled corticosteroid (ICS) device market, capturing around 63% of the market share. Inhaled corticosteroids remain a vital component in asthma control, effectively reducing inflammation and minimizing the risk of acute asthma attacks. Their widespread acceptance across different severity levels of asthma contributes to strong global demand. Additionally, improved healthcare access and rising patient awareness are fueling the use of ICS devices in both developed and emerging regions.
Chronic Obstructive Pulmonary Disease (COPD)
The COPD segment accounts for approximately 31% of the ICS device market. These devices play a critical role in managing chronic inflammation and reducing the frequency of exacerbations in COPD patients. ICS treatments are commonly paired with long-acting bronchodilators, particularly for individuals with frequent flare-ups. The increase in global aging populations and higher prevalence of smoking-related respiratory issues are driving the growth of this segment.
Others
Comprising around 6% of the market, the "Others" segment includes treatments for non-asthmatic eosinophilic bronchitis, allergic rhinitis, and other off-label applications of ICS. While relatively small, this segment has emerging potential thanks to advances in clinical research and expanded therapeutic applications. Increased physician comfort with prescribing ICS for niche conditions could stimulate gradual growth in this area.
Inhaled Corticosteroid Device Market, Segmentation by End-Users
The Inhaled Corticosteroid Device Market has been segmented by End-Users into Hospitals, Clinics, and Respiratory Care Center.
Hospitals
The hospital leads the inhaled corticosteroid (ICS) device market in terms of end-user distribution, holding a commanding 48% share. Hospitals are key centers for managing acute respiratory episodes and for initiating treatment in asthma and COPD patients. The presence of expert healthcare staff, advanced facilities, and comprehensive patient management systems supports higher adoption of ICS devices. Furthermore, hospitals often set the tone for long-term treatment adherence, especially when devices are prescribed upon discharge or during routine inpatient care.
Clinics
Accounting for roughly 33% of the market, clinics are becoming increasingly important in the ICS device ecosystem. With easier access and faster service delivery, clinics are a go-to option for patients experiencing early or less severe respiratory symptoms. Their growing role in preventive care and chronic disease management makes them a vital point of ICS distribution. The shift towards ambulatory care models continues to boost this segment, especially in regions emphasizing cost-effective healthcare.
Respiratory Care Centers
The respiratory care centers segment, though smaller at around 19%, plays a crucial role in the long-term management of chronic lung diseases. These centers offer specialized services, including therapy customization, inhaler technique training, and routine follow-up, making them valuable for high-risk patients. As public and private investment in specialized healthcare grows, respiratory care centers are poised to gain a stronger foothold in the ICS market.
Inhaled Corticosteroid Device Market, Segmentation by Geography
In this report, the Inhaled Corticosteroid Device Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Inhaled Corticosteroid Device Market Share (%), by Geographical Region, 2024
North America
North America remains the frontrunner in the inhaled corticosteroid (ICS) device market, commanding nearly 37% of the total share. The region is supported by a robust healthcare infrastructure, high awareness of respiratory diseases, and favorable reimbursement frameworks. With established pharmaceutical giants and a well-informed patient base, the adoption of ICS therapies is consistently high in countries like the U.S. and Canada.
Europe
Holding a significant 28% share, Europe is a mature market for inhaled corticosteroid devices. Widespread adoption of standardized treatment guidelines for asthma and COPD, combined with government-led initiatives promoting preventive care, drive the segment. Technological advancements and the region’s aging demographic further reinforce demand for ICS-based inhalation treatments, particularly in countries such as Germany, France, and the UK.
Asia Pacific
The Asia Pacific market, accounting for around 22%, is witnessing substantial growth driven by rising urbanization, pollution levels, and improved healthcare accessibility. Increased diagnosis of chronic respiratory conditions in countries like India, China, and Japan has led to higher adoption of ICS devices. With healthcare reforms and awareness programs gaining traction, the region is expected to show the fastest growth between 2021 and 2031.
Middle East, Africa, and Latin America
Representing a combined 13% of the global market, the Middle East, Africa, and Latin America regions face barriers such as economic limitations and limited access to respiratory care. Despite this, the market is expanding gradually due to improving infrastructure and international health partnerships. As awareness grows and affordability increases, the use of ICS therapies is expected to rise moderately across these emerging markets.
Inhaled Corticosteroid Device Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Inhaled Corticosteroid Device Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing Demand for Asthma and COPD Management
- Technological Advancements in Inhalation Devices
- Growing Awareness About Inhaled Corticosteroid Therapy
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Emphasis on Preventive Healthcare Strategies - The rising global shift toward preventive healthcare is a key factor driving demand in the Inhaled Corticosteroid Device Market. With chronic respiratory diseases like asthma and COPD on the rise, healthcare systems are emphasizing long-term disease control to reduce acute flare-ups and costly hospital visits. Inhaled corticosteroids serve as a cornerstone in prevention-focused treatment plans by minimizing airway inflammation and preventing symptom escalation.
Growing awareness of the effectiveness of maintenance inhalation therapy is accelerating the use of ICS delivery devices. These devices support early-stage intervention, enhance patient adherence, and help reduce the overall burden of chronic illness. As healthcare models increasingly favor proactive care over reactive treatment, the market for inhaled corticosteroid devices is positioned for sustained growth.
Restraints
- Safety Concerns Related to Corticosteroid Use
- Competition from Alternative Treatment Options
- Limited Reimbursement Coverage
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High Development Costs and Manufacturing Complexity - The high cost of development and the technical challenges of manufacturing inhaled corticosteroid devices remain key restraints for the market. Designing efficient delivery systems involves complex formulation techniques, device engineering, and rigorous safety evaluations to ensure consistent drug performance and targeted lung deposition. These processes lead to substantial research and development expenses and longer timeframes for market entry.
On the production side, the need for sterile conditions, high-precision components, and continuous quality monitoring increases operational costs and logistical demands. Such complexity limits accessibility for smaller manufacturers and can result in higher product pricing, which affects affordability and widespread adoption, especially in low- and middle-income regions. These factors continue to challenge the scalability and global reach of advanced corticosteroid inhalation devices.
Opportunities
- Development of Novel Corticosteroid Formulations
- Targeted Drug Delivery Systems for Respiratory Conditions
- Strategic Partnerships and Collaborations
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Focus on Personalized Medicine and Precision Inhalation Therapy - The increasing integration of personalized medicine into respiratory care is creating strong growth potential for the Inhaled Corticosteroid Device Market. By tailoring corticosteroid delivery to individual patient characteristics such as disease progression, lung capacity, and treatment response, healthcare providers can achieve better clinical outcomes with fewer side effects. This patient-centric approach is reshaping how chronic conditions like asthma and COPD are managed.
The emergence of smart inhaler technologies is further enabling precision therapy by offering real-time tracking of inhalation patterns, dosage adherence, and device usage. These digital tools provide valuable insights that help physicians adjust treatment plans in a data-informed manner. As a result, patients benefit from more accurate dosing, reduced exacerbations, and improved disease control.
Precision inhalation therapy also plays a key role in minimizing systemic exposure, making it especially beneficial for pediatric, geriatric, and high-risk populations. Advances in device engineering such as optimized particle size and controlled flow mechanisms are supporting more targeted and effective drug delivery to the lungs, enhancing both safety and efficacy.
With the healthcare industry moving toward more tailored and efficient treatment models, the fusion of inhaled corticosteroid devices with personalized care technologies is expected to drive innovation and long-term market expansion. Companies that focus on adaptive, data-supported inhalation systems are likely to gain a competitive edge in this evolving landscape.
Inhaled Corticosteroid Device Market Competitive Landscape Analysis
Inhaled Corticosteroid Device Market is witnessing intense competition as established players and emerging companies adopt diverse strategies to strengthen their presence. With over 65% share held by top manufacturers, the market is shaped by continuous collaboration, partnerships, and merger activities, driving innovation and supporting sustainable growth across the respiratory care segment.
Market Structure and Concentration
The competitive environment is moderately consolidated, with a few large players holding nearly 60% of the market share. Smaller manufacturers contribute to niche product categories, while leading firms emphasize expansion through strategic alliances. This concentration encourages both technological advancements and streamlined supply chains that enhance market efficiency and competitiveness.
Brand and Channel Strategies
Major companies invest heavily in brand positioning and channel development, with distribution networks capturing almost 55% of total sales. Strong partnerships with healthcare providers and pharmacies support growth strategies, while digital platforms are increasingly leveraged to enhance reach. These brand-driven approaches ensure consistent patient engagement and improved adherence to inhaled corticosteroid therapies.
Innovation Drivers and Technological Advancements
Innovation remains central, with around 40% of new product launches integrating digital monitoring and smart inhaler technologies. Companies focus on technological advancements that improve precision drug delivery and patient compliance. Strategic collaboration with research organizations and device manufacturers further accelerates product pipeline growth, positioning innovation as a decisive factor for market leadership.
Regional Momentum and Expansion
Regional expansion strategies drive competition, with North America accounting for approximately 35% of the market, followed closely by Europe and Asia-Pacific. Local partnerships and mergers strengthen distribution in emerging economies. This regional momentum highlights the emphasis on expanding access, tailoring products to regional needs, and sustaining competitive advantage in high-growth areas.
Future Outlook
The future outlook of the inhaled corticosteroid device market reflects robust growth prospects, fueled by continued technological advancements and strong partnerships. Companies are expected to adopt collaborative strategies, with innovation-driven expansion shaping the market trajectory. With nearly 70% of firms planning investments in digital health integration, the competitive landscape is set for further transformation.
Key players in Inhaled Corticosteroid Device Market include :
- GlaxoSmithKline
- AstraZeneca
- Boehringer Ingelheim
- Novartis
- Pfizer
- Merck & Co.
- Sanofi
- Teva Pharmaceutical Industries
- Roche
- Mylan
- Cipla
- Johnson & Johnson
- Bayer
- Bristol-Myers Squibb
- Amgen
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Types
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Indication
- Market Snapshot, By End-Users
- Market Snapshot, By Region
- Inhaled Corticosteroid Device Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Asthma and COPD Management
- Technological Advancements in Inhalation Devices
- Growing Awareness About Inhaled Corticosteroid Therapy
- Emphasis on Preventive Healthcare Strategies
- Restraints
- Safety Concerns Related to Corticosteroid Use
- Competition from Alternative Treatment Options
- Limited Reimbursement Coverage
- High Development Costs and Manufacturing Complexity
- Opportunities
- Development of Novel Corticosteroid Formulations
- Targeted Drug Delivery Systems for Respiratory Conditions
- Strategic Partnerships and Collaborations
- Focus on Personalized Medicine and Precision Inhalation Therapy
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers
- Drivers, Restraints and Opportunities
- Market Segmentation
- Inhaled Corticosteroid Device Market, By Types, 2021 - 2031 (USD Million)
- Beclomethasone Dipropionate
- Budesonide
- Fluticasone Inhaler Powder
- Mometasone
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Inhaled Corticosteroid Device Market, By Distribution Channel, 2021 - 2031 (USD Million)
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Hospital Pharmacies
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Retail Pharmacies
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Online Pharmacies
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- Inhaled Corticosteroid Device Market, By Indication, 2021 - 2031 (USD Million)
- Asthma
- Chronic Obstructive Pulmonary Disease (COPD)
- Others
- Inhaled Corticosteroid Device Market, By End-Users, 2021 - 2031 (USD Million)
- Hospitals
- Clinics
- Respiratory Care Center
- Inhaled Corticosteroid Device Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Inhaled Corticosteroid Device Market, By Types, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- GlaxoSmithKline
- AstraZeneca
- Boehringer Ingelheim
- Novartis
- Pfizer
- Merck & Co.
- Sanofi
- Teva Pharmaceutical Industries
- Roche
- Mylan
- Cipla
- Johnson & Johnson
- Bayer
- Bristol-Myers Squibb
- Amgen
- Company Profiles
- Analyst Views
- Future Outlook of the Market