Lower Respiratory Tract Therapeutics Market 2026 - AbbVie, Boehringer Ingelheim, Sanofi, Pfizer, Merck, GSK, Roche, AstraZeneca

The global lower respiratory tract therapeutics market is estimated to reach a market value of USD XX billion by 2026 from an initial market value of USD XX billion in 2018. The global lower respiratory tract therapeutics market is forecasted to grow at a CAGR of 6.34% in the forecasted period 2019-2026.

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Growing awareness about the lower respiratory tract diseases, increasing strategic alliances between the companies for the development of lower respiratory tract drugs, self-medication using the over the counter drugs, increasing usage of biologics, and growing patient awareness campaigns and programs by government, companies, and NGO's are some of the key trends in the lower respiratory tract therapeutics market.

Market Dynamics
Increasing prevalence of lower respiratory tract diseases, increasing product approvals, growing allergies due to environmental pollution, growing emergence of MDR-TB and XDR-TB strains, increasing usage of tobacco and growing older population and presence large number of patients among older population are some of the key factors driving the growth of the market. Limited diagnostic procedures for tuberculosis, high adverse effects in usage of drugs, growing patent expiries, increasing preference for complementary and alternative drugs, and high cost of the drugs are some of the key factors restraining the growth of the lower respiratory tract therapeutics market.

Segmentation by Drug Type

By Disease type, asthma therapeutics market
account for the largest share in the lower respiratory tract market. The asthma drugs market is estimated to grow at slower pace in the forecasted period growing at a CAGR of XX% in the forecasted period 2018-2022. Patent expiry of products and growing acceptance of generic drugs is limiting the growth of the respiratory tract therapeutics market. The Tuberculosis market currently in the growth stage with the market estimated to reach the maturity stage by the end of the forecasted period. The Tuberculosis market is currently dominated by the generic drugs with Lupin, Sanofi, Pfizer, Sandoz being some of the major companies in the industry.

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Product Pipeline Analysis of Selected Asthma Drugs
o Company Name Drug Stage Of Development
o AstraZeneca AD 7594 Phase II
o Novartis QAW039 Phase III
o Sanofi/Regeneron Pharmaceuticals
Dupilumab (REGN668) Phase III
o Theron Pharmaceuticals TRN-157 Phase II
o SAMA Pharmaceuticals SA09012 Phase II

Segmentation by Geography
North America accounts for the largest market share in the 2017 with the market being dominated by the United States. Large unmet needs for the market are providing large scope for the development of the market. Europe has the second largest market share with Northern and Western countries mostly being affected by the lower respiratory tract diseases. European Asthma Research and Innovation Partnership aims to reduce 25% of the asthma deaths in Europe by 2023 and 50% of the deaths by 2033 with the project being funded by European Commission. India, China, Brazil, and Australia market are growing at a higher rate while United States, Italy, Germany, Japan, and Spain market are growing at a slower rate but contribute to the largest market revenue in 2017.

Competitive Landscape
The lower respiratory tract therapeutics market is a highly competitive market with Asthma market being consolidated market while tuberculosis market being fragmented market. Companies in the industry are focusing on launching novel products into the market with partnerships being the most adopted strategy by the major companies in the industry.
Scope of the Report

Segmentation by Disease Type
o Asthma
o Chronic obstructive pulmonary disease (COPD)
o Pnuemonia
o Bronchitis
o Tuberculosis

Segmentation by Drug Class
o Antibiotics
o Antibacterial
o Antiviral
o Non-steroidal anti-inflammatory drug
o Cough Suppressant
o Nasal decongestant
o Nasal decongestant

Segmentation by Distribution Channel
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies

The report also covers the key factors impacting the market, Porter 5 Forces, Market Share Analysis, Price tren Product mapping in excel for the key products of all major market players

Target Audience:
o Equipment Suppliers/ Buyers
o Service Providers/ Buyers
o Industry Investors/Investment Bankers
o Education & Research Institutes
o Research Professionals
o Emerging Companies
o Manufacturers

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