Key Companies Covered in the Inhaled Nitric Oxide Market Research are Air Liquide S.A, Bellerophon Therapeutics, Inc., BOC Healthcare, Beyond Air, Inc, Halma Plc, Linde Plc, Novoteris, LLC, VERO Biotech LLC, and Nu-Med Plus. and other key market players.
The global inhaled nitric oxide market was valued at $634.4 million in 2019 and is estimated to reach $1,180.98 million by 2027, registering a CAGR of 8.1% from 2020-2027.
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Nitric oxide (iNO) is selective pulmonary vasodilation and is delivered to the patient via mechanical ventilation after dilution with an oxygen/air mixture nitric oxide delivery system. Nitric oxide is a gas available in 100 ppm and 800 ppm concentrations depending on the treatment. Further, clinical trials evaluating the use of inhaled nitric oxide for numerous indications are ongoing. The potential therapeutic role of inhaled nitric oxide in adults remains uncertain at this time and FDA-approved indications are restricted to pediatric practice.
As nitric oxide exists as a gas, it can be easily administered for inhalation and is classified in the pharmacotherapeutic group. It relaxes the vascular smooth muscle by activating guanylate cyclase and increases intracellular levels of cGMP, which then leads to vasodilation and increased oxygenation. Nitric oxide is used together with a breathing machine (ventilator) and other agents to treat newborn (term and near-term) babies with respiratory failure that is caused by pulmonary hypertension.
The market growth is driven due to factors such as increase in the prevalence of diseases in the newborn such as persistent pulmonary hypertension, and neonatal hypoxic respiratory failure (HRF). However, rise in number of patients with chronic obstructive pulmonary disease (COPD), and acute respiratory distress syndrome (ARDS) boost the growth of the inhaled nitric oxide market. However, high cost of treatment and strict government regulations for various applications hamper the market growth.
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Conversely, ongoing R&D activities leading to new application areas in the healthcare industry are expected to provide lucrative opportunities for the expansion of the global market in the near future.
The global inhaled nitric oxide market is segmented into application, and region. By applications, the market is divided into neonatal respiratory treatment, chronic obstructive pulmonary disease (COPD), acute respiratory distress syndrome (ARDS), and others (tuberculosis treatment). Region-wise, the market is analyzed across North America, Europe, Asia-Pacific and rest of world.
Asia Pacific is expected to be a growing region shortly on account of the number of highest live birth per 1000 people and the rise in prevalence of respiratory distress syndrome, neonatal jaundice, and hypoxic respiratory failure associated with persistent pulmonary hypertension of the newborn (PPHN). The competitive market formed due to the emergence of local providers of nitric oxide therapy systems contributes toward the growth of the Asia-Pacific market.
KEY BENEFITS FOR STAKEHOLDERS
– This report entails a detailed quantitative analysis of the current market trends from 2019 to 2027 to identify the prevailing opportunities.
– The inhaled nitric oxide market size and estimations are based on comprehensive analysis of the key developments in the industry.
– In-depth analysis based on region assists to understand the regional market and the strategic business planning.
– The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the market.?
KEY MARKET SEGMENTS
By Application
– Neonatal Respiratory Treatment
– Chronic Obstructive Pulmonary Disease (COPD)
– Acute Respiratory Distress Syndrome (ARDS)
– Others (Tuberculosis Treatment)
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By Region
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o France
o UK
o Italy
o Rest of Europe
– Asia-Pacific
o Japan
o Australia
o Rest of World
Table of Content:
- Market Definition and Overview
- Research Method and Logic
- Market Competition Analysis
- Product and Service Analysis
- Strategies for Company to Deal with the Impact of COVID-19
- Market Segment by Type, Historical Data and Market Forecasts
- Market Segment by Application, Historical Data and Market Forecasts
- Market by by Region, Historical Data and Market Forecasts
- Market Dynamic Analysis and Development Suggestions
Key Benefits for Industry Participants & Stakeholders
- The Market Research allows the investors to understand the market size, dynamics, risks, and opportunities in the industry.
- The market research report provides market sizing and forecast over major currencies – USD, EUR, JPY, GBP, and CHF.
- This Market Research Report helps to forecast the revenues and analyze the market trends based on region, product type, and end-use.
- The Market analysis of the market share of the can prove beneficial in terms of profit to the industry’s participants and stakeholders.
Key Questions Answered in the Market Report
- Which Manufacturing Technology is used for Market? What Developments Are Going on in That Technology?
- Which Trends Are Causing These Developments? Who Are the Global Key Players in This Market?
- What are Their Company Profile, Their Product Information, and Contact Information?
- What Was Global Status of Market? What Was Capacity, Production Value, Cost and PROFIT of Market?
- What Is Current Market Status of market Industry? What’s Market Competition in This Industry, Both Company, and Country Wise?
- What’s Market Analysis of Market by Taking Applications and Types in Consideration?
- What Are Projections of Global Market Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit?
- What Will Be Market Share Report, Supply and Consumption? What about Import and Export?
- What Is Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
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