Inhaled Nitric Oxide (Ino) Market Share Current and Future Industry Trends, 2020-2025
Category: #business  By Partha Ray  Date: 2020-07-01
  • share
  • Twitter
  • Facebook
  • LinkedIn

Inhaled Nitric Oxide (Ino) Market Share Current and Future Industry Trends, 2020-2025

As per the report titled ‘Global Inhaled Nitric Oxide (iNO) Market a Analysis By Product Type, Application (ARDS, PPHN, Others), By Region, By Country (2020 Edition): Market Insights, COVID-19 Impact, Competition and Forecast (2020-2025)’, available with Market Study Report LLC, global inhaled nitric oxide (iNO) market was worth USD 830.8 million in 2019 and is expected to witness significant gains through 2027.

The findings of the report claim that the spike in the demand for inhaled nitric oxide (iNO) from the healthcare sector, in tandem with its broadening application area owing to ongoing R&D activities are favoring industry expansion. Besides, elevated risk of respiratory disease due to increasing air pollution levels, along with rising burden of diseases such as respiratory tract infections, chronic obstructive pulmonary diseases, tuberculosis, and bronchial asthma among the ever-growing geriatric population serves as major growth impetus for the industry, cites the report.

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2752219/

Innovative technologies like Beyond Aira’s LungFit devices, that is a simple plasma arc discharge-based technology free of cylinders, are expected to play a key role in shaping the industry growth in the coming future. In addition, rise in healthcare expenditure, development of new hospitals, significant research funds, and inclination towards branded treatment & drugs will foster the industry growth in the years to come.

Based on the product terrain, inhaled nitric oxide industry is categorized into 99.92% purity, 99.99% purity, and others, wherein the former segment is expected to show robust growth over the forecast duration.

From the regional perspective, global inhaled nitric oxide market is divided into North America, Europe, and Asia Pacific. The report claims that North American market will continue to display strong growth trends over the estimated timeframe, owing to a huge consumer base and increase in investments in R&D activities by the prominent players in the region.

Key players operating in global inhaled nitric oxide (iNO) market are Novoteris LLC, NU-MED Plus, Inc., Beyond Air Inc., VERO Biotech LLC, Linde Plc (Praxair Inc.), Air Liquide S.A., and Mallinckrodt Pharmaceuticals.

Questions & Answers: Global Inhaled Nitric Oxide (iNO) Market

Q1: What are the key growth markers of global inhaled nitric oxide industry?

A: Broadening application area owing to ongoing R&D activities, elevated risk of respiratory diseases owing to increasing air pollution levels, along with rising burden of these diseases among the ever-growing geriatric population are among the major factors driving the industry growth.

Q2: How is North America inhaled nitric oxide market contributing to the overall industry valuation?

A: Presence of a huge consumer base and increase in investments in R&D activities by the prominent players in the region are drafting a favorable scenario for the overall industry growth.  

Q3: How much was the global inhaled nitric oxide market valued in 2019?

A: Global inhaled nitric oxide (iNO) market was worth USD 830.8 million in 2019.

Q4: Which companies formulate the competitive terrain of global inhaled nitric oxide market?

A: Key players operating in global inhaled nitric oxide (iNO) market are Novoteris LLC, NU-MED Plus, Inc., Beyond Air Inc., VERO Biotech LLC, Linde Plc (Praxair Inc.), Air Liquide S.A., and Mallinckrodt Pharmaceuticals.

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

  • share
  • Twitter
  • Facebook
  • LinkedIn


About Author

Partha Ray    

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

...

Read More

More News By Partha Ray

Fluorochemical Market Trends- Industry Analysis, Share, Growth, Product, Top Key Players and Forecast 2024
Fluorochemical Market Trends- Industry Analysis, Share, Growth, Product, Top Key Players and Forecast 2024
By Partha Ray

According to the research report titled ‘Global Fluorochemical Market (Value, Volume): World Market Review By Product Type, By Application, By End User Industry (2019 Edition): Opportunities and Forecast (2019-2024) - By Country, available with...

Colorants Market by Size, Growth, Opportunity and Forecast to 2024
Colorants Market by Size, Growth, Opportunity and Forecast to 2024
By Partha Ray

According to the research report titled ‘Global Colorants Market - Analysis By Product Type, Source, End-User Industry, By Region, By Country (2019 Edition): Opportunities and Forecast (2019-2024)’, available with Market Study Report LLC,...

Cigarette Market Size, Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2024
Cigarette Market Size, Share, Growth, Trend, Demand, Top Players, Opportunities and Forecast to 2024
By Partha Ray

As per the report titled ‘Global Cigarette Market (Value, Volume) - Analysis By Price, Market Share, Distribution Channel, By Region, By Country (2020 Edition): Market Insight, Competition and Forecast (2019-2024)-.’, available with Marke...