Severe Asthma Market to Progress Upto USD 7 Billion by 2032 | DelveInsight

The increase in the Severe Asthma market size is a direct consequence of the expected launch of potential therapies an increase in the diagnosed prevalent population of Severe Asthma and increasing demand for personalized therapies.

Severe Asthma Overview
Asthma is the most common chronic respiratory disease all over the globe. It affects the airways in the lungs, which become inflamed and narrowed due to various triggers, making it harder for air to flow out. It is a complex activity between airway inflammation and airway remodelling that results in airway hyper-responsiveness (AHR), which further leads to variable and excessive airway contraction. The characteristic Asthma symptoms include wheezing, shortness of breath, cough, a sensation of tightness in the chest, straining of neck and chest muscles, rapid breathing, and changes in heart rate.

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Regions covered in the report
• The United States
• EU5 (Germany, France, Italy, Spain, and the United Kingdom)
• Japan

Key highlights of the Severe Asthma Market
• As per DelveInsight's analysis, the Severe Asthma market size in the 7MM was valued at almost USD 6 Billion in 2021 and is anticipated to grow at a CAGR of 5% for the study period (2019-2032).
• Assessments as per DelveInsight's analysts indicate that Asthma diagnosed prevalence was more in adults than in pediatrics in the 7MM.
• The development of well-designed, randomized, controlled non-crossover trials with the potential benefits for Severe Asthma patients will drive the market growth in the forecast period. Also, approval and entry of new drugs will change the Severe Asthma market dynamics in the future.
• As per the assessment of DelveInsight, the total diagnosed prevalent (adult + pediatric) cases of Asthma in the 7MM was observed to be approximately 54 million cases in 2021. These cases are expected to increase by 2032.
• As per DelveInsight's estimates, among 7MM, the United States had the highest diagnosed cases of adult Asthma with almost 20 million cases in 2021.

Severe Asthma Epidemiology Segmentation in the 7MM
• Total Severe Asthma Diagnosed Prevalent (adult + pediatric) Cases
• Severe Asthma Severity-specific Diagnosed Prevalent Cases
• Severe Asthma Type-specific Diagnosed Prevalent Cases

Severe Asthma Market Outlook
The fundamental goal of Asthma therapy is to minimize airway inflammation and also reduce the Asthma symptoms that come with it. To limit the likelihood of exacerbation, guidelines-based care focuses on illness severity and selecting the right medicinal therapy. Inhaled corticosteroids are the most common chronic asthma treatment, but quick-relief (reliever) or rescue medications are frequently used to reduce acute Asthma symptoms. Short-acting beta-agonists (SABAs) relieve airway bronchoconstriction quickly and are indicated as a symptom-relieving rescue drug. If asthma still isn't under control, long-acting beta 2 agonists (LABA), montelukast, or theophylline are added. If Asthma symptoms and flare-ups persist, oral corticosteroids are prescribed.

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Severe Asthma Pipeline Therapies and Key Companies
• GSK3511294 (Depemokimab): GlaxoSmithKline
• PT010: AstraZeneca
• PT027: AstraZeneca and Avillion
• CSJ117: Novartis
• MRx-4DP0004: 4D pharma
• RG6173: Roche
• PRS-060/AZD1402: Pieris Pharma and AstraZeneca
• BSI-045B: Biosion
• AVTX-002: Avalo Therapeutics, and several others

Severe Asthma Market Dynamics
Severe Asthma market growth in the coming years is dependent on several factors such as an increase in the diagnosed prevalent population of Severe Asthma and increasing demand for personalized therapies. Also, the development of well-designed, randomized, controlled non-crossover trials with the potential benefits for patients will drive the Severe Asthma market growth in the forecast period. In addition to that, approvals and entry of new drugs will change the Severe Asthma market dynamics in the future. Several pharmaceutical giants are investigating drugs for Severe Asthma treatment with an improved diagnostic approach leading to a rise in the Severe Asthma market in the coming years.

Severe Asthma Treatment Market
On the other hand, a lack of effective specific treatments in non-eosinophilic asthma (NEA) can represent an orphan asthma endotype serving as a drawback in the Severe Asthma market growth. Other factors such as a high cost of treatment, limitations in diagnosis, incorrect inhaler techniques, and poor adherence to treatment can all be considered as potential barriers to the rise of the Severe Asthma market.

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Table of Content
1. Key Insights
2. Severe Asthma Report Introduction
3. Severe Asthma Market Overview at a Glance
4. Severe Asthma Market: Future Perspective
5. Executive Summary of Severe Asthma
6. Key Events
7. Disease Background and Overview
8. Epidemiology and Patient Population
9. Patient Journey
10. Severe Asthma Marketed Drugs
11. Severe Asthma Emerging Drugs
12. Severe Asthma: Seven Major Market Analysis
13. Key Opinion Leaders' Views
14. Severe Asthma Market Drivers
15. Severe Asthma Market Barriers
16. SWOT Analysis
17. Severe Asthma Unmet Needs
18. Reimbursement and Market Access
19. Appendix
20. DelveInsight Capabilities
21. Disclaimer
22. About DelveInsight

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