The global inhaled nitric oxide delivery systems market size is estimated to reach USD 434.2 million by 2028 registering a CAGR of 6.9%, according to a new report by Grand View Research, Inc. A rise in the cases of respiratory failure among neonates, increased pollution levels leading to lung diseases in adults, need for quick treatment response, and reduced complications are the factors driving the adoption of inhaled nitric oxide therapy. The presence of several small-scale manufacturers and research initiatives undertaken by major players to prove treatment efficacy against the SARS-CoV-2 virus further enhances market growth.
Safe and effective treatment regimen, a rapid offset of action, reduced toxicity, high concentration of drug at the target organ, avoidance of systemic adverse reaction, and reduced dose of medication are some of the advantages of INO over other medications. This leads to the improved adoption of INO, potentially driving the market growth. Market leaders like Mallinckrodt Pharmaceuticals are providing fundings to conduct clinical trials of INO therapy to treat complications in COVID-19 patients. Such initiatives are said to boost the market growth during the forecasted period.
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The pediatric type segment accounted for the largest revenue share in 2023 due to the rising usage of INO therapy on account of its efficacy and reduced complications
The Hypoxic Respiratory Failure (HRF) application segment held the largest revenue share in 2023
Hospitals was the largest revenue-generating segment in 2023 owing to the presence of funds and well-established infrastructure in this end-user setting
Asia Pacific was the largest regional market in 2023 due to the growing pediatric population, rise in the cases of respiratory diseases, and presence of local manufacturers of disposables
Grand View Research has segmented the global inhaled nitric oxide delivery systems market report based on type, application, product, end use and region:
Inhaled Nitric Oxide Delivery Systems Type Outlook (Revenue, USD Million, 2016 - 2028)
Pediatric
Adult
Inhaled Nitric Oxide Delivery Systems Application Outlook (Revenue, USD Million, 2016 - 2028)
Hypoxic Respiratory Failure (HRF)
Acute Hypoxemic Respiratory Failure (AHRF)
Others
Inhaled Nitric Oxide Delivery Systems Product Outlook (Revenue, USD Million, 2016 - 2028)
Disposables
System
Inhaled Nitric Oxide Delivery Systems End-user Outlook (Revenue, USD Million, 2016 - 2028)
Hospitals
Ambulatory Centers
Clinics
Inhaled Nitric Oxide Delivery Systems Regional Outlook (Revenue, USD Million, 2016 - 2028)
North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
Thailand
South Korea
Australia
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in Inhaled Nitric Oxide Delivery Systems Market
Mallinckrodt Pharmaceuticals
Getinge AB
VERO Biotech
Linde plc
Beyond Air, Inc.
SLE Ltd.
Bellerophon Therapeutics
Air Liquide Healthcare
Circassia Pharmaceuticals
International Biomedical
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