PUBLISHER: The Business Research Company | PRODUCT CODE: 1704631
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704631
Intelligent asthma monitoring devices are advanced technological tools that integrate sensors, connectivity features, and data analytics capabilities. These devices offer real-time monitoring, personalized insights, and timely alerts related to asthma symptoms and environmental triggers, aiming to assist both asthma patients and healthcare providers in managing the condition effectively.
The main types of products in intelligent asthma monitoring devices include wearable asthma monitoring devices, smart inhalers, dry powdered inhalers, and nebulizers. Wearable asthma monitoring devices are compact electronic devices worn to track and monitor asthma symptoms such as breathing rate and cough frequency, providing continuous real-time data for improved management. These devices utilize various technologies, including manually operated inhalers and digitally operated inhalers. They are utilized across various healthcare settings such as hospitals, clinics, retail pharmacies, online pharmacies, and others.
The intelligent asthma monitoring devices market research report is one of a series of new reports from The Business Research Company that provides intelligent asthma monitoring devices market statistics, including intelligent asthma monitoring devices industry global market size, regional shares, competitors with an intelligent asthma monitoring devices market share, detailed intelligent asthma monitoring devices market segments, market trends and opportunities, and any further data you may need to thrive in the intelligent asthma monitoring devices industry. This intelligent asthma monitoring device market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The intelligent asthma monitoring devices market size has grown strongly in recent years. It will grow from $1 billion in 2024 to $1.08 billion in 2025 at a compound annual growth rate (CAGR) of 8.5%. The growth in the historic period can be attributed to developments in guidelines for the diagnosis of asthma, a favorable regulatory environment, increasing approvals for asthma monitoring devices, a growing focus on preventive healthcare, and increased adherence to smart inhalers.
The intelligent asthma monitoring devices market size is expected to see strong growth in the next few years. It will grow to $1.48 billion in 2029 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period can be attributed to the surge in the occurrence of respiratory diseases, the increase in the geriatric population, urbanization and environmental pollution, the increase in the incidence of asthma cases, and the rising population across the globe. Major trends in the forecast period include collaborations between pharmaceutical companies and smart inhaler manufacturers, smartphone apps and mobile health solutions for asthma management, AI-powered algorithms, and machine learning for early prediction of asthma attacks, and integrating smart inhalers with digital health platforms.
The intelligent asthma monitoring device market is set to grow due to an increase in respiratory diseases. Respiratory diseases encompass a wide range of medical conditions affecting breathing organs and tissues, exacerbated by factors such as rising air pollution, smoking rates, urbanization, and an aging population. Intelligent asthma monitoring devices play a crucial role by providing real-time data on lung function and environmental triggers. This capability enables early symptom detection and personalized treatment adjustments, significantly enhancing management and quality of life for patients with respiratory diseases. For example, in 2022, the American Lung Association reported a rise in chronic obstructive pulmonary disease (COPD) cases among males, highlighting the market's growth driven by increased respiratory disease occurrences.
Leading companies in the intelligent asthma monitoring devices market are increasingly focusing on creating innovative solutions, such as app-based asthma management platforms, to gain a competitive advantage. An app-based asthma management platform is a mobile application designed to help users monitor their asthma symptoms by providing medication reminders and tracking peak flow. This platform offers personalized advice for improved asthma control and aims to enhance adherence to treatment plans. For example, in May 2023, CMI Health Inc., a U.S.-based medical equipment manufacturing company, introduced AsthmaGo. AsthmaGo is an app-based asthma management platform that empowers individuals with asthma to manage and monitor their condition from home. It connects with devices like the SpiroLink spirometer and OxyKnight oximeter, enabling real-time monitoring and data sharing with healthcare providers.
In February 2024, Aevice Health partnered with Jiva.ai to develop an AI-driven platform for predicting asthma exacerbations. This collaboration combines Aevice Health's smart stethoscope technology with Jiva.ai's AI platform, enabling remote monitoring and biomarker tracking to predict and manage asthma exacerbations effectively. Jiva.ai, based in the UK, specializes in no-code AI technology for healthcare applications, enhancing respiratory health management through predictive analytics and remote monitoring solutions.
Major companies operating in the intelligent asthma monitoring devices market are AstraZeneca plc, 3M Company, Boehringer Ingelheim International GmbH, Teva Pharmaceuticals Industries Ltd., ResMed Inc, Aptar Pharma Inc, OPKO Health Ltd, Sensirion AG, Vectura Group plc, Circassia Pharmaceuticals, Propeller Health, Vitalograph Ltd, Volansys Technologies Pvt Ltd, Amiko Digital Health Inc, Pneuma Respiratory Inc, Quvium, FindAir Sp. z o., Monitored Therapeutics Inc, Respiri Ltd, NuvoAir AB, Health Care Originals Inc, AEvice Health
North America was the largest region in the intelligent asthma monitoring devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intelligent asthma monitoring devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the intelligent asthma monitoring devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The intelligent asthma monitoring devices market consists of sales of smartwatches, fitness trackers, spirometers, and peak flow meters. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Intelligent Asthma Monitoring Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on intelligent asthma monitoring devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for intelligent asthma monitoring devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The intelligent asthma monitoring devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.