Press release
Budesonide Inhaler Market 2022 to cross US$ 8.24 Billion with 5.8% CAGR by 2027 | Pfizer Inc., Cipla Limited,
Budesonide Inhaler Market โ InsightsBudesonide is a medication that is used to prevent symptoms of asthma. It is a corticosteroid or steroid (cortisone-like medicine). The medication prevents inflammation in the lungs to reduce the severity of asthma attack. Inhaled budesonide may be used with other asthma medicines such as bronchodilators, which are used to open up narrowed breathing passages in the lungs. Budesonide is available in several forms such as powders, suspensions, and tablets. In powder form, the medication can be inhaled by mouth using an inhaler. In suspension form, it is inhaled by mouth, using a special jet nebulizer (machine that turns medication into a mist, which can be inhaled). Some of the trade names under which budesonide is sold include Pulmicort, Rhinocort, and Entocort.
The global budesonide inhaler market was valued at US$ 5.25 billion in 2017 and is expected to exhibit a CAGR of 5.8% over the forecast period (2018-2026).
Increasing number of launches in generic version of budesonide inhaler is expected to drive growth of the budesonide inhaler market
Increasing number of launches in generic version of budesonide inhaler is a major driving factor, which is expected to drive growth of the budesonide inhaler market growth over the forecast period. For instance, in 2016, Nephron Pharmaceuticals Corporation (Nephron) launched generic Budesonide Inhalation Suspension in the U.S. Nephron has licensed the Abbreviated New Drug Application from Apotex, Inc. Budesonide inhalation suspension is the generic version of Pulmicort Respules that is manufactured by AstraZeneca LP. Nephron is responsible for manufacturing, marketing, and distribution of Budesonide.
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ง๐ ๐๐๐ญ ๐ ๐ฅ๐๐ญ ๐๐๐ ๐๐๐๐ ๐๐ ๐
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/promo/buynow/2551
Budesonide Inhaler Market - Restraints
The major restraining factor for budesonide inhaler market growth include side effects exhibited by budesonide such as runny or stuffy nose, sneezing, coughing, sore throat, dry throat, nosebleed, nausea, vomiting, diarrhea, stomach pain, white patches or sores inside the mouth or on lips, headache, hoarseness, voice changes, or bad taste in the mouth. For instance, according to the Product Monograph of Pulmicort Turbuhaler from AstraZeneca Canada Inc. of 2017, side effects can be observed in 2 to 4% population, who are under the treatment of Pulmicort Turbuhaler (budesonide). Some adverse effects include respiratory infection, rhinitis, ear infection, otitis media, and viral infection, which can be observed in less than 3% population.
Budesonide Inhaler Market - Regional Insights
On the basis of region, the global budesonide inhaler market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is expected to hold a dominant position in the global budesonide inhaler market over the forecast period, owing to increasing regulatory approvals of budesonide inhaler. For instance, in November 2017, Cipla Ltd. received final approval for its Abbreviated New Drug Application (ANDA) for Budesonide Inhalation Suspension, 0.25mg/2mL, 0.5mg/2mL, and 1mg/2mL from the U.S. Food and Drug Administration (FDA) to market a generic version of AstraZeneca's Pulmicort Respules. It is indicated for the maintenance treatment of asthma and as prophylactic therapy in children 12 months to 8 years of age.
๐๐จ ๐๐๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ฌ๐ญ ๐๐จ๐ฏ๐ข๐๐๐ ๐๐ฆ๐ฉ๐๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ @ https://www.coherentmarketinsights.com/insight/request-sample/2551
Asia Pacific is expected to witness a rapid growth in the budesonide inhaler market during the forecast period. This is attributed to the presence of major companies such as Cipla Limited, Lupin Limited, Takeda Pharmaceutical Company Ltd., Manus Aktteva Biopharma LLP, Lunan Better Pharmaceutical, Synmosa Biopharma Corporation, and Shanghai Sine Pharmaceutical Laboratories Co. Ltd. in emerging economies such as China, India, and Japan.
Budesonide Inhaler Market - Competitive Landscape
Major Key Players in Markets are ๐ฃ๐ณ๐ถ๐๐ฒ๐ฟ ๐๐ป๐ฐ., ๐๐ถ๐ฝ๐น๐ฎ ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ, ๐๐๐ฝ๐ถ๐ป ๐๐ถ๐บ๐ถ๐๐ฒ๐ฑ, ๐๐ผ๐๐บ๐ผ ๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ฎ๐น๐, ๐ง๐ฎ๐ธ๐ฒ๐ฑ๐ฎ ๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ฎ๐น ๐๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐๐๐ฑ., ๐ ๐ฎ๐ป๐๐ ๐๐ธ๐๐๐ฒ๐๐ฎ ๐๐ถ๐ผ๐ฝ๐ต๐ฎ๐ฟ๐บ๐ฎ ๐๐๐ฃ, ๐๐ฏ๐ฏ๐ผ๐๐ ๐๐ฎ๐ฏ๐ผ๐ฟ๐ฎ๐๐ผ๐ฟ๐ถ๐ฒ๐, ๐๐๐ป๐ฎ๐ป ๐๐ฒ๐๐๐ฒ๐ฟ ๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ฎ๐น, ๐ก๐ผ๐๐ฎ๐ฟ๐๐ถ๐ ๐๐ป๐๐ฒ๐ฟ๐ป๐ฎ๐๐ถ๐ผ๐ป๐ฎ๐น ๐๐ (๐ฆ๐ฎ๐ป๐ฑ๐ผ๐), ๐ ๐๐น๐ฎ๐ป ๐ก.๐ฉ., ๐ฆ๐ธ๐๐ฒ๐ฝ๐ต๐ฎ๐ฟ๐บ๐ฎ, ๐๐๐๐ฟ๐ฎ๐ญ๐ฒ๐ป๐ฒ๐ฐ๐ฎ ๐ฃ๐น๐ฐ., ๐๐ต๐ถ๐ฒ๐๐ถ ๐๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ถ ๐ฆ.๐ฝ.๐, ๐ข๐ฟ๐ถ๐ผ๐ป ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป, ๐ฆ๐ฎ๐ป๐๐ฎ๐ฟ๐๐ ๐๐ป๐ฐ., ๐ฆ๐๐ป๐บ๐ผ๐๐ฎ ๐๐ถ๐ผ๐ฝ๐ต๐ฎ๐ฟ๐บ๐ฎ ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ถ๐ผ๐ป, ๐ฎ๐ป๐ฑ ๐ฆ๐ต๐ฎ๐ป๐ด๐ต๐ฎ๐ถ ๐ฆ๐ถ๐ป๐ฒ ๐ฃ๐ต๐ฎ๐ฟ๐บ๐ฎ๐ฐ๐ฒ๐๐๐ถ๐ฐ๐ฎ๐น ๐๐ฎ๐ฏ๐ผ๐ฟ๐ฎ๐๐ผ๐ฟ๐ถ๐ฒ๐ ๐๐ผ. ๐๐๐ฑ.
Detailed Segmentation:
โข Global Budesonide Inhaler Market, By Product Type:
o Inhalants
o Nebulizer
โข Global Budesonide Inhaler Market, By Dosage:
o Aerosols
o Dry Powder
o Suspension
o Spray
โข Global Budesonide Inhaler Market, By Strength:
o 0.25 mg
o 0.5 mg
o 1.0 mg
โข Global Budesonide Inhaler Market, By Distribution Channel:
o Hospital Pharmacy
o Retail Pharmacy
o Online Pharmacy
๐๐ฎ๐ฒ ๐๐จ๐ฐ ๐๐ง๐ ๐๐๐ญ ๐ ๐ฅ๐๐ญ ๐๐๐ ๐๐๐๐ ๐๐ ๐
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ก๐ข๐ฌ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ ๐๐๐๐๐ฌ๐ฌ ๐ ๐ฎ๐ฅ๐ฅ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง @ https://www.coherentmarketinsights.com/promo/buynow/2551
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