Press release
Global Anti-Asthmatics And COPD Drugs Market to Reach $107.01 Billion by 2029, Growing at 5.6% CAGR
"Which drivers are expected to have the greatest impact on the over the anti-asthmatics and copd drugs market's growth?The market for anti-asthmatics and COPD drugs is influenced by adjustable risk factors such as tobacco use, sedentary lifestyle, and poor dietary choices. Although there's a worldwide decline in smoking rates, an upward trend is noted in developing nations like China, India, Indonesia, and Nigeria. For example, Indonesia and Nigeria are projected to have 24 million and 7 million more smokers respectively by 2025, and over 40% of global cigarette consumption occurs in China. There's a higher intake of fats, including saturated fatty acids, a risk factor for Asthma and COPD, in wealthier countries like the USA and Europe. The World Health Organization notes that fats contribute to over 35% of total energy in developed countries versus less than 20% in poorer nations and under 25% in lower-middle-income nations.
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What is the future CAGR of the anti-asthmatics and copd drugs market, and how will it impact industry expansion?
The market size of anti-asthmatics and COPD medications has seen considerable expansion in the past few years. Projected growth indicates an increase from $80.82 billion in 2024 to $86.11 billion in 2025, with a compound annual growth rate (CAGR) of 6.6%. This growth during the historic period is due to several factors including the rising prevalence of respiratory diseases, an increased rate of tobacco usage, impact of global warming, an ageing population, the advent of emerging markets, innovative techniques for drug discovery, and an overall increase in healthcare spending.
The market for anti-asthmatics and COPD drugs is set to experience a robust increase in the coming years, with projections estimating its worth at $107.01 billion by 2029, accompanied by a compound annual growth rate (CAGR) of 5.6%. Factors such as the rising popularity of e-cigarettes/vaping, an increase in obesity levels, technological advancements, a large undiagnosed population, and the utility of these drugs to treat COVID-19 patients, along with the heightened intake of fats, contribute to this growth during the forecast period. The primary trends likely to shape the forecast period include the creation of probiotic drugs for asthma, the development of anti-il-5 drugs to enhance companies' portfolios, the launching of innovative products to strengthen market positioning amidst fierce competition, increased investment in the development of bioelectric medicines, more collaborations, the provision of personalized treatments, the development of combination drugs for superior results, and the production of biologics to meet the growing demand for them.
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What are the most significant trends transforming the anti-asthmatics and copd drugs market today?
The major players in the anti-asthmatics and COPD drugs market are developing innovative products such as Fixed Dose Combination (FDC) drugs like Indacaterol plus Mometasone, aiming to boost their market profitability. This medication, delivered through the Breezhaler device, is designed as a daily FDC drug for continuous asthma management in patients. For example, Glenmark Pharmaceuticals, a pharmaceutical firm based in the US, introduced a new FDC drug, Indacaterol plus Mometasone, for patients with uncontrolled asthma in India in June 2022. This medication, promoted under the name Indamet, is available in three different variations, all of which contain a steady dose of 150 mcg of Indacaterol and varying doses of Mometasone in strengths of 80 mcg, 160 mcg, and 320 mcg.
Which key market segments comprise the anti-asthmatics and copd drugs market and drive its revenue growth?
The anti-asthmatics and COPD drugs market covered in this report is segmented -
1) By Drug Class: Bronchodilators, Anti-Inflammatory Drugs, Monoclonal Antibodies, Combination Drugs
2) By Distribution Channel: Hospital Pharmacies, General Pharmacies, Online Retailers
3) By End User: Asthma Patients, COPD Patients
4) By Therapy: Preventive, Curative
5) By Route Of Administration: Oral, Inhaled, Intravenous, Subcutaneous
6) By Age Group: Below 5, 5-14, 15-60, Above 60
Subsegments:
1) By Bronchodilators: Short-Acting Beta-Agonists (SABAs), Long-Acting Beta-Agonists (LABAs), Anticholinergics (Short-Acting And Long-Acting), Methylxanthines
2) By Anti-Inflammatory Drugs: Corticosteroids (Inhaled And Systemic), Leukotriene Modifiers, Phosphodiesterase-4 Inhibitors
3) By Monoclonal Antibodies: Anti-IgE Antibodies, Anti-IL-5 Antibodies, Anti-IL-4 Or IL-13 Antibodies
4) By Combination Drugs: Combination Bronchodilator Inhalers (LABA + LAMA), Inhaled Corticosteroid + Long-Acting Beta-Agonist (ICS + LABA)
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What regions are at the forefront of anti-asthmatics and copd drugs market expansion?
North America was the largest region in the anti-asthmatics and COPD drugs market in 2024. Middle East is expected to be the fastest-growing region in the global anti-asthmatics and COPD drugs market during the forecast period. The regions covered in the anti-asthmatics and COPD drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the leading players fueling growth in the anti-asthmatics and copd drugs market?
Major companies operating in the anti-asthmatics and COPD drugs market include GlaxoSmithKline plc, AstraZeneca plc, Boehringer Ingelheim GmbH, F. Hoffmann-La Roche Ltd., Novartis AG, Sanofi S.A., Chiesi Farmaceutici S.p.A., Teva Pharmaceutical Industries Limited, Merck & Co. Inc., Sumitomo Dainippon Pharma Co. Ltd., China National Pharmaceutical Group Co. Ltd. (Sinopharm), Shanghai Acebright Pharmaceuticals Group Co. Ltd., Jiangsu Hengrui Medicine Co. Ltd, Hanmi Pharmaceutical, Cipla Limited, Aurobindo Pharma Limited, KYORIN Holdings Inc., Nichi-Iko Pharmaceutical Co. Ltd., Otsuka Pharmaceutical Co. Ltd., Daewoong Pharmaceutical Co. Ltd, Shanghai Anovent Pharma, China Meheco Group Co. Ltd., Lupin Limited, ASGEN Pharmaceutical Co. Ltd, Abbott Laboratories, Pfizer, Vectura Group, Bristol Myers Squibb, Apotex Inc., EMS Pharma, Hypermarcas, Ache, Eurofarma, Bayer, Biolab Farmaceuticad, Cristalia, Libbs, Julphar, Neopharma, Adcock Ingram, Aspen Nigeria
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What Is Covered In The Anti-Asthmatics And COPD Drugs Global Market Report?
•Market Size Forecast: Examine the anti-asthmatics and copd drugs market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the anti-asthmatics and copd drugs market for a structured understanding.
•Key Players Overview: Analyze major players in the anti-asthmatics and copd drugs market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the anti-asthmatics and copd drugs market.
•Segment Contributions: Evaluate how different segments drive overall growth in the anti-asthmatics and copd drugs market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the anti-asthmatics and copd drugs market.
•Industry Challenges: Identify potential risks and obstacles affecting the anti-asthmatics and copd drugs market.
•Competitive Landscape: Review strategic developments in the anti-asthmatics and copd drugs market, including expansions, agreements, and new product launches.
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