European Respiratory Drug Market Size, Share, Trends, Sales, Supply, Demand, Analysis & Forecast to 2025
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The major players of the European respiratory drug market include AstraZeneca PLC, GlaxoSmithKline PLC, Novartis AG, F. Hoffmann-La Roche Ltd. and Teva Pharmaceuticals Industries Ltd.
The European respiratory drug market is segmented on the basis of route of administration, application, and end-user. Based on the route of administration, the market is classified into oral, injectable, and inhalable. Moreover, on the basis of application, the market has been classified into asthma and COPD diseases. The asthma disease application segment dominated the regional market in 2018 and is further estimated to follow the same trend over the forecast period. This is mainly due to the high prevalence of asthma in the economies of the region such as UK, Germany, France, and others. In addition, based on the end-user, homecare and hospitals and clinics have been analyzed.
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Furthermore, the market is characterized by the presence of several manufacturers that are developing and providing respiratory drug to cater to a wide range of customers within and outside the region. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players.
European Respiratory Drug Market Segmentation
European Respiratory Drug Market by Product
o Therapeutic Devices
o Diagnostic and Monitoring Devices
o Consumable and Accessories
European Respiratory Drug Market by End-User
o Hospitals and Clinics
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