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Press Release
2008/09/10

Ban of CFC in Inhalers Spurs Product Innovation, Market Growth

New York, September 9, 2008 / Marketwire - The respiratory disposables and reusable respiratory accessories market is undergoing a dramatic change caused in part by a recent government regulation that bans the use of chlorofluorocarbon (CFC) in inhalers.

Asthma and chronic obstructive pulmonary disease (COPD) afflict about 181 million and 44.2 million people respectively worldwide and incidence rates continue to increase. Inhalers make up the lions share of the $36 billion market for respiratory devices, with 45% of the total, and are expected to enjoy a strong 9.8% growth rate through 2012, spurred in part by new product innovations following a ban on CFC-based inhalers.

More than 95% of inhalers contain ozone depleting CFC as a propellant. In order to abide by international environmental guidelines, the U.S. released a new policy in 2005 that CFCs must be removed from inhalers by December 31, 2008 and replaced with hydrofluoroalkane (HFA). All HFA inhalers had to undergo extensive clinical development and new drug applications to the FDA. These new non-CFC inhalers will not see generic competition until they begin coming off patent starting in 2010 and therefore cost about twice as much as CFC inhalers.

Compliance could be a blessing in disguise for inhaler companies," says Kalorama Informations analyst Joe Constance. "Until December 2007, companies with CFC-based products were allowed to market their product, so they have had sufficient time to take the necessary steps to shift towards HFA based products. And the companies did not need to make any significant changes in their manufacturing processes in order to abide by this new government regulation."

Inhaler equipment suppliers and pharmaceutical companies have been collaborating to face the phase-out and preparing themselves by installing the capabilities for HFA-based products in terms of stability testing and product compatibility tests.

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[Report]

Published by : Kalorama Information
Pub Time: 2008/08
Product Code : kl71142

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