Global Asthma and COPD Drugs Market Industry Analysis, Size, Share and Growth Trends 2025
Summary - A new market study, titled “Global Asthma and COPD Drugs Market Research Report—Forecast till 2025” has been featured on WiseGuyReports.
The Global Asthma and COPD Drugs Market are anticipated to exhibit a CAGR of 7.90% to extend USD 43,444.72 Million during the review period. The market growth is propelled by the rising prevalence and occurrence of asthma and COPD around the globe. Asthma is a kind of inflammatory disorder that affects the lungs and makes breathing uneasy. Asthma is considered as one of the common chronic condition affecting many people across the world. COPD is an abbreviation of chronic obstructive pulmonary disease in which occurs due to uncontrolled asthma which becomes worse letter; an umbrella term used for a group of respiratory diseases such as emphysema and chronic bronchitis.
Market Segmentation
Global Asthma and COPD Drugs Market have been categorized into disease, product, route of administration, and distribution channel. The market, based on disease, has been bifurcated into asthma and COPD.
On the basis of the product segment, asthma and COPD drugs market has been divided into long-term asthma control medications and quick-relief medications. The long-term asthma control medications are again divided into combination drugs, anticholinergics, inhaled corticosteroids, long-acting beta-agonists, theophylline, and others. The combination drugs are subcategorized into Seretide/Advair, Symbicort, Relvar/Breo Ellipta, Flutiform, Dulera, and Others. Anticholinergics are further sub-categorized into Spiriva and others. The Inhaled corticosteroids are further divided into Pulmicort, Flovent, Qvar, and others.
The quick-relief medications have been again segmented into short-acting beta-agonists, oral & intravenous corticosteroids, ipratropium bromide (Atrovent), and others. Short-acting beta-agonists have been again bifurcated into Proair and Ventolin.
Global asthma and COPD drugs market, based on the route of administration, has been categorized into oral, inhaled, and others. Based on the distribution channels category, global asthma and COPD drugs market has been segregated into retail pharmacies, hospital pharmacies, and online pharmacies.
Regional Analysis
Geographically, the Global Asthma and COPD Drugs Market have been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.
The Americas are likely to lead global asthma and COPD drugs market followed by Europe. The regional market growth is been driven by the rising patient population suffering from asthma and COPD, the increasing health expenditure per person and the growing demand for advanced treatment options. The US contributes the largest market share in the regional market.
The European market for asthma and COPD drugs is evaluated to be the second-largest market of the world during the review period owing to the increasing prevalence of asthma and COPD. The increasing awareness of asthma and COPD in Europe is expected to expand the growth of the regional market.
Asia-Pacific is evaluated to be the rapid-growing market because of the rising awareness of COPD and asthma and high prevalence of asthma and COPD in the region
Key Players
The Prominent Players in the Global Asthma and COPD Drugs Market are GlaxoSmithKline plc (UK), AstraZeneca (UK), Boehringer Ingelheim International GmbH (Germany), and Chiesi Farmaceutici SpA (Italy).
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