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Expected Growth in Asthma Treatment Market From 2018-2025: Trend, Analysis By Manufacturers, Regions, Type And Application | Global Manufacturer are AstraZeneca Plc., Philips Healthcare, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline Plc, Sunovion P

10-11-2018 12:35 PM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Expected Growth in Asthma Treatment Market From 2018-2025:

The Global Asthma Treatment Market anticipated to gain traction due to increasing prevalence of asthma cases with critical level of pollution. Asthma is a chronic lung disease which is identified with the symptoms such as shortness of breath, heavy coughing, wheezing, chest tightness, and coughing. Moreover, it is also identified with the indications such as bronchospasm and pulmonary airway obstruction. Asthma is generally caused by ecological or genetic factors or in some cases both factors are responsible for the allergy. Asthma generally starts in childhood and may affect to all age groups. Asthma caused due to allergens and the foreign materials which are harmful to the body. The asthma allergens create lung airway inflammation by making the airway sensitive to the allergic reaction resulting in shortness of breath.

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Air pollution is one most common type of allergen causing asthma. In addition, other allergens include pollens, tobacco smoke, chemical smoke, molds, house dust mites in carpets, bedding and furniture wastes, pet dander, and others. Patients with a family history of asthma and allergies are more probable cause to develop asthma. Asthma may get through various types. For instance, asthma caused by allergen is known as allergic asthma. Whereas, in some cases, healthy person can develop asthma and related symptoms during heavy physical activities or exercise. This condition is identified as exercise-induced asthma (EIA).

Global Asthma Treatment Market Taxonomy:

The global asthma treatment market is segmented on the basis of drug class, device type, route of administration, and geography.

On the basis of drug class, the global asthma treatment market is segmented into:

• Anti-inflammatory
• Bronchodilators
• Combination Therapy

On the basis of device type, the global asthma treatment market is segmented into:

• Inhalers
• Dry Powder
• Metered Dose
• Soft Mist
• Nebulizers

On the basis of route of administration, the global asthma treatment market is segmented into:

• Oral
• Inhaled
• Intravenous
• Subcutaneous

On the basis of geography, the global asthma treatment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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The investment in R&D to manufacturing Novel biologics diminishing the use of generic products

In terms of segmentation the drug class segment is estimated to dominate the global asthma treatment market. The high effectiveness of the designated drugs and the acceptance proportions of asthma therapies related to the dual-action treatment accounted for the major market share in comparison to other drugs. In addition, continuous efforts of market players to produce novel drugs is another major factor enhancing the global growth of drug class segment. For instance, combined products such as Lebrikizumab, and Duplimab are expected to launch the product pipeline including Cinqair, further propelling the growth of anti-allergenic and anti-inflammatory drugs by shrinking the usage of the generic drug.

Increasing asthma cases at the critical level typically in children to generate lucrative opportunities in North America.

On the basis of geography, North America is estimated to dominate the global asthma treatment market. Rising prevalence of asthma cases in U.S. and Canada and the growing demand for anti-inflammatory drugs to control the asthma is the factor for the major market share of North America. For instance, according to American Academy of Allergy Asthma & Immunology (AAAAI) 2015, of almost half of people had the asthma attack. Moreover, children affected by asthma have higher rates in comparison to adults. Moreover, increasing implementation of inhaled therapeutics, government support to provide better healthcare infrastructure, and increased responsiveness levels relating to economical treatment options are another factors for the major market shares in North America.

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Major key players in Asthma Treatment Market:

• AstraZeneca Plc
• Philips Healthcare
• Teva Pharmaceutical Industries Ltd.
• GlaxoSmithKline Plc
• Sanofi-Aventis SA
• CareFusion Corporation
• Sunovion Pharmaceuticals, Inc.
• Boehringer Ingelheim GmbH
• Roche Diagnostics
• Merck & Co., Inc.

About Polaris Market Research

Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.

We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.

Contact us-

Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com

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