SAM asthma spacers market is segmented into Brazil, Argentina, and the rest of SAM. The disease burden in Latin American countries differs greatly from that in other areas, particularly in low- and middle-income countries. Non-communicable diseases (NCDs) are 13-16% points higher in Latin American countries (LAC) than in other regions, accounting for 66.7% of death. Chronic diseases have traditionally been treated in the region primarily using curative methods. Treatment for those chronic diseases tends to be overly expensive if it begins only at the secondary and tertiary levels of care, which necessitate hospitalization in both cases and, in the latter, the more intense use of new technology and expensive drugs.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South America asthma spacers market. The South America asthma spacers market is expected to grow at a good CAGR during the forecast period.
South America Asthma Spacers Market Segmentation
SAM asthma spacers market is segmented into product, distribution channel, and country. Based on product, the South America asthma spacers market is segmented into aerochamber, optichamber, volumatic, and inspirease. In 2022, the aerochamber is expected to hold the largest market share and is expected to witness the highest CAGR from 2022 to 2028. Based on distribution channel, the South America asthma spacers market is segmented into retail pharmacy, hospital pharmacy, and E-commerce. The retail pharmacy segment is expected to hold the largest share of the market in 2022. Based on country, the South America asthma spacers market is segmented into Brazil, Argentina, and the Rest of South America. Brazil held the largest market share in 2022.
Agaplastic, Cipla Inc., Koninklijke Philips N.V., Koo Medical Equipment, Lupin, Metall Zug, and Teleflex Incorporated are among the leading companies in the asthma spacers market in the region.