Fluticasone Propionate Inhaler Market Trends | Market Size Set to Grow to $3780 Million by 2029

Fluticasone propionate inhaler is a medical device used to treat asthma. It is administered by inhalation, directly delivering the anti-inflammatory glucocorticoid fluticasone propionate to the respiratory tract, thereby exerting its preventive and therapeutic effects on asthma. Fluticasone propionate cream is suitable for various inflammatory and pruritic skin diseases that can be relieved by corticosteroids, and hospitals and clinics are the main application sites.
Overview of Market Development
Fluticasone propionate inhaler plays an important role in the treatment of asthma due to its direct action on target organs and relatively small side effects. In recent years, the global fluticasone propionate inhaler market has shown a fluctuating development trend. According to our research data, the global fluticasone propionate inhaler market size reached a nearly ten-year peak of $6072 million in 2016, and then experienced a continuous decline for five years starting in 2017, dropping to $3157 million in 2021, and gradually recovering in 2022, increasing to $3276 million in 2023.
According to our prediction, the global fluticasone propionate inhaler market size is estimated to be $3353 million in 2024, an increase of 2.36% compared to 2023, and is expected to continue to increase to 3780 million by 2029. The CAGR for 2024-2029 is estimated to be 2.43%.
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global fluticasone propionate inhaler market is extremely high. According to the data, the total revenue for fluticasone propionate inhalers of the top 3 companies in 2023 was $2997 million, with a total revenue share of 94.94%. The top three companies were GSK, Mylan, and Teva. In 2023, these three companies accounted for 76.91%, 15.25%, and 2.78% of the global market revenue for fluticasone propionate inhaler.

Global Fluticasone Propionate Inhaler Market Size Forecast and Competition Pattern Analysis  

Global Fluticasone Propionate Inhaler Market Size Forecast and Competition Pattern Analysis

Source: www.globalmarketmonitor.com
Segmented Market Analysis
From the perspective of product types, according to different spray metering specifications, fluticasone propionate inhalers can generally be divided into three categories: 60 metered spray inhalers, 120 metered spray inhalers and 150 metered spray inhalers. Among them, 120 metered spray inhalers dominate the market, and the market share is estimated to be 65.27% in 2024.
From an application perspective, the market for fluticasone propionate inhalers can be segmented into adult and children's markets based on the age groups of the users. Among them, the adult segment market dominates, and the application share is expected to reach 84.87% in 2024.
Global Fluticasone Propionate Inhaler Segment Market Size and Market Share Forecast in 2024


Market Size (Million USD)

Market Share

Segmented by Type

60 Metered Spray Inhalers

860

25.64%

120 Metered Spray Inhalers

2189

65.27%

150 Metered Spray Inhalers

305

9.09%

Segmented by Application

Children

507

15.13%

Adults

2846

84.87%

Source: www.globalmarketmonitor.com

For more industry information, please refer to our latest released "2023 Global Fluticasone Propionate Inhalers Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".

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