Inhaled Nitric Oxide Market to Reach $1.6 billion, Globally, by 2032 at 7.7% CAGR: Allied Market Research

PORTLAND, Ore., April 23, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Inhaled Nitric Oxide Market by Application (Neonatal Respiratory Treatment, Chronic Obstructive Pulmonary Disease, Acute Respiratory Distress Syndrome, and Others): Global Opportunity Analysis and Industry Forecast, 2023-2032". According to the report, the inhaled nitric oxide market was valued at $0.8 billion in 2022, and is estimated to reach $1.6 billion by 2032, growing at a CAGR of 7.7% from 2023 to 2032.

Request Sample of the Report on Inhaled Nitric Oxide Market Forecast - https://www.alliedmarketresearch.com/request-sample/3020

Prime Determinants of Growth

The inhaled nitric oxide market has experienced significant growth owing to high adoption of Inhaled nitric oxide for the treatment of pulmonary disorders in newborns. In addition, rise in the prevalence of respiratory diseases is also expected to actively contribute to the growth of the market. Furthermore, high research and development activities to explore the therapeutic effects of inhaled nitric oxide are expected to present significant opportunities for growth in the market.

Report coverage & details

Report Coverage	Details
Forecast Period	2022-2032
Base Year	2022
Market Size in 2022	$0.8 billion
Market Size in 2032	$1.6 billion
CAGR	7.7 %
No. of Pages in Report	179
Segments covered	Application and Region
Regional scope	North America, Europe, Asia-Pacific, and LAMEA
Country scope	U.S., Canada, Mexico, France, Germany, Italy, UK, rest of Europe, Japan, Australia, rest of Asia-Pacific, Latin America, and Middle East and Africa
Drivers	High adoption of the inhaled nitric oxide for management of pulmonary disorders in the infants and newborns.
	Rise in prevalence of the respiratory disorders.
	Advancements in healthcare infrastructure.
Opportunities	High research and development activities for inhaled nitric oxide.
Restraints	High cost of inhaled nitric oxide.

2023 Recession Impact Analysis

• The global recession had a significant impact on the inhaled nitric oxide market. The economic uncertainty has negatively impacted the new investments and funding for research and development activities in the market. Furthermore, the financial distress has resulted in lower healthcare spendings, which highly impact the high-cost treatment such as inhaled nitric oxide.
• However, the inhaled nitric oxide market is expected to recover owing to high adoption of inhaled nitric oxide for the treatment of respiratory functioning complications in newborns.
• Want to Explore More, Connect to our Analyst- https://www.alliedmarketresearch.com/connect-to-analyst/3020

The neonatal respiratory treatment segment to maintain its leadership status throughout the forecast period

By application, the neonatal respiratory treatment segment held the highest market share in 2023, accounting for more than nine-tenths of the inhaled nitric oxide market revenue, owing to rise in the prevalence of respiratory complications in newborns and surge in the incidence of preterm births. Furthermore, majority of the inhaled nitric oxide products are approved for the treatment of pulmonary complications in newborns.

North America to maintain its leadership status throughout the forecast period

By region, North America held the highest market share in 2023, accounting for more than nine-tenths of inhaled nitric oxide market revenue. This is attributed to the surge in research and development activities, well-developed healthcare infrastructure, and rise in the number of preterm births.

However, Asia-Pacific is expected to register a noteworthy CAGR during the forecast period, owing to surge in the prevalence of respiratory diseases, rise in the geriatric population, and increase in disposable income.

For Purchase Inquiry- https://www.alliedmarketresearch.com/purchase-enquiry/3020

Leading Market Players: -

• Air Liquide S.A.
• Linde PLC
• Mallinckrodt Plc
• Vero Biotech LLC
• Sol Group
• Air Water Inc.
• Chemix Specialty Gases and Equipment
• Nippon Sanso Holdings Corporation
• Chengdu Taiyu Industrial Gases Co. Ltd.
• Sichuan Salman Chemical Products Co. Ltd.

The report provides a detailed analysis of these key players in the inhaled nitric oxide market. These players have adopted different strategies such as joint venture and patent to increase their market share and maintain dominant shares in different regions. The report is valuable in highlighting business performance, operating segments, product portfolio, and strategic moves of market players to showcase the competitive scenario.

AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) Offered by Allied Market Research:

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

Get an access to the library of reports at any time from any device and anywhere. For more details, follow the link: https://www.alliedmarketresearch.com/library-access

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Toll Free: [phone]
Int'l: [phone]
UK: [phone]
Hong Kong: [phone]
India (Pune): [phone]
Fax: [phone]
[e-mail]
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/inhaled-nitric-oxide-market-to-reach-1-6-billion-globally-by-2032-at-7-7-cagr-allied-market-research-302124075.html