The Pulmonary Drug Delivery Systems Market, estimated at USD 37.57 Bn in 2025, is expected to exhibit a CAGR of 4.6% and reach USD 51.47 Bn by 2032.
The industry is witnessing significant growth driven by rising demand for advanced, reliable, and cost-effective medical devices across diagnostic, therapeutic, and monitoring applications. Rapid advancements in device design, digital health integration, and adoption of minimally invasive technologies are reshaping the competitive landscape. Furthermore, supportive regulatory frameworks, increasing healthcare investments, and the growing focus on patient-centric care are expected to create new growth avenues for market players.
Increasing inorganic growth strategies such as collaboration by key market players to expand its product portfolio is expected to drive market growth over the forecast period. For instance, in September 2025, Bilim Pharmaceuticals, a Turkish company manufacturing and marketing pharmaceutical drugs, H&T Presspart, a global provider of respiratory drug-delivery devices and components to the pharmaceutical sector, and Hovione Technology, a pharmaceutical specialist in the development of innovative pulmonary device technology, announced collaboration to support Bilim Pharmaceutical’s launch in the Turkish market of Ventofor Combi Fix, a formulation of Budesonide Formoterol for Asthma and COPD management, delivered by the PowdAir Plus Dry Powder Inhaler (DPI).
Global Pulmonary Drug Delivery Systems Market– Impact of Coronavirus (COVID-19) Pandemic
The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China) in the last months of 2025 as "coronavirus disease 2025" or COVID-19. This virus spread quickly and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.
COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries, such as India, China, Brazil, and others faced problems with regard to the transportation of drugs from one place to another.
COVID-19 had a positive impact on the global pulmonary drug delivery systems market, as pulmonary drug delivery systems were used for the treatment of COVID-19 patients. For instance, according to the data provided by the National Library of Medicine in October 2025, Pulmonary drug delivery was the preferred route of administration for treatment of lung diseases especially in asthma and chronic obstructive pulmonary disease (COPD) and COVID-19 respiratory infection. Pulmonary drug delivery provide the chance of lowering dose, reducing adverse effects, and increasing the alveolar concentration. The demand for pulmonary drug delivery systems was increased during COVID-19 pandemic thus COVID-19 pandemic has positive impact on global pulmonary drug delivery systems.
Global Pulmonary Drug Delivery Systems Market: Key Developments
In June 2025, United Therapeutics Corporation, a public benefit corporation, announced that the U.S. Food and Drug Administration (FDA) has approved Tyvaso DPI (treprostinil) inhalation powder for the treatment of pulmonary arterial hypertension and pulmonary hypertension associated with interstitial lung disease to improve exercise ability. Tyvaso DPI is one of the easiest ways for patients to administer a prostacyclin, delivering the proven efficacy of treprostinil through a small inhaler that fits in the palm of the patient’s hand
In May 2025, Lonza, a global manufacturing partner to the pharma, biotech and nutrition industries, announced it will invest in additional inhalation capabilities. The investment will fund the build-out of an additional inhalation testing capacity at the Tampa (US) site specialized in development, clinical, and commercial manufacturing of small molecule-based therapies targeting respiratory diseases and disorders, such as cancer, asthma, and chronic obstructive pulmonary disease (COPD).