Asthma Drugs Market Size Worth $34.13Bn, Globally, by 2028 at 5% CAGR - Exclusive Report by The Insight Partners

The asthma drugs market is projected to reach US$ 34,136.10 million in 2028 from US$ 24,239.17 million in 2021; it is estimated to grow at a CAGR of 5.0 % during 2021-2028.

The latest study on the Asthma Drugs Market offers a comprehensive analysis of the key strategies, business models and market shares of the most notable players in this market. The study offers an in-depth analysis of key persuasive factors, revenue market figures, segmental data, regional data and country-wise data. This study can be described as the most extensive literature that encompasses all aspects of the evolving asthma drug market.

Asthma is a lung disease that affects people of all ages. It produces wheezing and makes breathing difficult. Exposure to an allergy or irritant, infections, exercise, emotional stress, and other conditions are all potential triggers. When the symptoms of asthma become unbearable, an asthma attack ensues. Attacks can happen out of nowhere and range from mild to life-threatening. Asthma is managed with rescue inhalers to treat symptoms and controller inhalers that prevent symptoms. Severe cases may require longer-acting inhalers that keep the airways open (formoterol, salmeterol, tiotropium) and inhalant steroids.

Asthma medication comes in several forms, including tablets, injections, liquids, and inhalers, and it falls into two groups, such as bronchodilators and anti-inflammatories.

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The key players profiled in this study includes

• AstraZeneca
• TEVA PHARMACEUTICAL INDUSTRIES LTD.
• GlaxoSmithKline plc
• Boehringer Ingelheim International GmbH
• Merck & Co., Inc.
• Koninklijke Philips NV
• Sanofi
• Pfizer Inc.
• Novartis AG
• Abbott
• Route of Administration-Based Insights

Based on route of administration, the asthma drugs market is segmented into inhaled, prefilled syringe/vials, and others. The inhaled segment held the largest share of the market in 2021 and is expected to hold a significant share during the forecast period. However, the prefilled syringe/vials segment is expected to register the highest CAGR from 2021 to 2028.

Distribution Channel-Based Insights
Based on distribution channel, the asthma drugs market is segmented into online pharmacies, hospital pharmacies, and retail pharmacies. The retail pharmacies segment is expected to hold the largest share of the market during the forecast period. However, the online pharmacies segment is expected to register the highest CAGR during 2021-2028.

The state-of-the-art research on Asthma Drugs Market, which is a detailed analysis of business space inclusive of the current market trends, competitive background, and size of the market. Encircling one or more parameters among analysis of the product, application potential, and global and regional growth strategies.

Speaking about this research report in particular, it includes:

• Five Major Regions(North America, Europe, Asia Pacific, Middle East &Africa, South & Central America)
• Market Information For 10 Years(2017 & 2018 - Historic Years, 2021 - Base Year and 2020-2028 Forecast Period)
• Key Industry Dynamics including factors that are Driving the Market, Prevailing Deterrent, Potential Opportunities as Well as Future Trends.
• Ten Company Profiles(these are not just Major Players but a Mix of Leading, Emerging Players, Market Disruptors, Niche Market Players, etc.)
• Industry Landscape Analysis
• Analysis of COVID-19 Impact on this market at Global and Regional Level.

A thoroughgoing evaluation of the market restrains included in the report which represents the difference to drivers of the market and gives scope for strategic insights and developments. The research study has amalgamated the growth analysis of different aspects that enhance the market growth scenario. It constitutes key market drivers, restraints and trends that transform the market in either a positive or negative manner.
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The Table of Content for Asthma Drugs Market research study includes:
Introduction
Key Takeaways
3. Research Methodology
4. Asthma Drugs Market Landscape
5. Asthma Drugs Market - Key Market Dynamics
6. Asthma Drugs Market - Global Market Analysis
7. Asthma Drugs Market - Revenue And Forecasts to 2028 -Type
8. Asthma Drugs Market - Revenue And Forecasts to 2028 - Type of Product
9. Asthma Drugs Market - Revenue And Forecasts to 2028 - Service
10. Asthma Drugs Market - Revenue And Forecasts to 2028 - Geographical Analysis
11. Impact of Covid-19 Pandemic on Global Asthma Drugs Market
12. Industry Landscape
13. Asthma Drugs Market, Key Company Profiles
14. Appendix
15. List of Tables
16. List of Figures

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