Press release
Respiratory Drugs And Devices Market Size, Competitive Analysis, Share, Forecast- 2018-2023
Respiratory drugs and devices are used to treat respiratory diseases. Major respiratory diseases are asthma, COPD, Bronchitis, and cystic fibrosis. The respiratory drug and device market is anticipated to grow at a CAGR of 7% during the forecast period. As compared to respiratory medical devices, the market of drug is far larger which is driving the overall market. North America is leading the drug market globally. It is due to significant market of patented and branded generic drugs in the region. Around 67%-69% of total market is of respiratory drugs in 2018. Companies such as Astrazeneca, Chiesi Farmaceutici, Merck, Novartis, Roche, Teva, are significantly contributing to the drug market. These companies have more than 50% of the total drug market globally.To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/respiratory-drugs-devices-market
Factors that are augmenting the market include predominance of chronic respiratory diseases such as asthma, COPD and so on, overgrowing geriatric population, changing lifestyle activities among people and innovations and development of new products. Asthma is one of the major non-communicable diseases globally affect almost each major economy. As per WHO, about 235 million people have asthma related diseases globally. It is most common communicable disease in children however maximum mortalities are observed in elderly population. It is highly prevalent in high-income countries however developing economies share a large part of mortalities.
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Another major factor that is expanding respiratory drug and device market size is overgrowing geriatric population in the major economies of the globe. People of this age group are more prone to respiratory diseases such as Asthma and COPD. As per World Bank, in 2010, geriatric population were 7.6% in 2010 which was equal to 524 million and it has been increased to 8.4% in 2016. It is forecast that it will reach 1.5 billion in 2050 with a share of 16% of total population. More notable point is that, developed and technological advance economies have higher percentage of geriatric population as compare to developing economies & global average.
Moreover, as per Centre for Diseases Control and Prevention, about 11.5 million asthma attacks were observed in 2015 including 3 million in children in the US. As per Asthma UK, about 5.4 million people are suffering from asthma in the UK in 2016. Out of 5.4 million people, asthma is prevalent in 4.3 million adults and 1.1 million in children. As per WHO, India is estimated to have about 15-20 million asthma patients in 2017. It is also on high rise in China, as per Asia Asthma Development Board, there were about 36.7 patients of asthma per 100,000 people. There are more than 30 million people living with Asthma in the China. These facts and figures address the demand for respiratory drugs and devices; thereby, expanding the global market size.
Global Respiratory Drugs and Devices Market Segmentation
By Type
Drugs
Devices
Global Respiratory Drugs and Devices Market – Segment by Region
North America
US
Canada
Europe
Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Latin America
Middle East and Africa
COMPANY PROFILES
ASTRAZENECA
ADAMIS (ADMP)
ADS BIOTECHNOLOGY
AIR LIQUIDE
ALIOS BIOPHARMA INC.
ALUNG TECHNOLOGIES
ALVOGEN
ANAXSYS
APPLIED BIOCODE INC
APTIMMUNE BIOLOGICS INC
APTUIT
ARADIGM
AROS PHARMA APS
ARROW THERAPEUTICS, LTD.
AVITA MEDICAL
BAXTER INTERNATIONAL
BAYER AG
BEXIMCO PHARMACEUTICALS LTD
BIOMARCK PHARMACEUTICALS, LTD
BIOXYDYN LIMITED
BOEHRINGER INGELHEIM
CAPELLON PHARMACEUTICALS, LTD.
CHART INDUSTRIES
CHIESI FARMACEUTICI S.P.A
CIRCADIANCE
CIRCASSIA.
CIVITAS THERAPEUTICS, INC.
COMPUMEDICS LIMITED
COVIDIEN PLC
DAINIPPON SUMITOMO PHARMA CO., LTD.
DRAGER MEDICAL GMBH
EDIMER PHARMACEUTICALS
EDIXOMED LTD.
ENANTA PHARMACEUTICALS
FARON
FISHER AND PAYKEL HEALTHCARE CORP. LTD
GE HEALTHCARE LIMITED
GECKO HEALTH INNOVATIONS, INC.
GILBERT TECHNOLOGIES
GILEAD SCIENCES, INC.
GLAXOSMITHKLINE
GRIFOLS
H&T PRESSPART
HAMILTON MEDICAL AG
INVACARE CORPORATION
MERCK AND CO.
MERIDIAN BIOSCIENCE
METHAPHARM
MICROBOT MEDICAL
MYLAN
NABRIVA THERAPEUTICS
NEPHRON PHARMACEUTICALS CORPORATION
NOVABIOTICS
NOVALUNG
NOVARTIS AG
NOX MEDICAL
ONCOLYTICS BIOTECH
OPKO HEALTH
OREXO
ORION CORPORATION
OTSUKA PHARMACEUTICALS
OXAGEN LIMITED
OXEHEALTH
PALOBIOFARMA SL
PATARA PHARMA
PATHWAY THERAPEUTICS LTD
PEPTINNOVATE
PFIZER
PHARMAXIS
PHARMAXIS
PHILIPS HEALTHCARE
PIERIS PHARMACEUTICALS
PLAIR SA
PMD SOLUTIONS
PNEUMACARE LIMITED
PROPELLER HEALTH
PULMOTECT, INC.
REPLICOR
RESPEQ
RESPICARDIA
RESPIRATORY MOTION
ROCHE DIAGNOSTICS
SAVARA INC.
SIME DIAGNOSTICS LTD
SUNOVION PHARMACEUTICALS INC
SYNAIRGEN
SYNAPSE BIOMEDICAL
TAKEDA PHARMACEUTICAL COMPANY LIMITED,
TECHNO DRUGS LTD.
TEICOS PHARMA OY
TEIJIN PHARMA LTD.
TEVA PHARMACEUTICALS
TOTALCARE EHEALTH
VALEANT PHARMACEUTICALS
VAPOTHERM
VENTIRX PHARMACEUTICALS, INC.
VERONA PHARMA PLC
VERTEX PHARMACEUTICALS
VIDA THERAPEUTICS INC.
VIRIONHEALTH LIMITED
VIROBLOCK SA
VIROCLINICS BIOSCIENCES B.V.
WINDTREE THERAPEUTICS
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About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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Contact Person: Mr. Anurag Tiwari
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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