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Strong Growth Ahead: Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Size To Grow At Arecord 6% Cagr By 2029
The Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Size Expected to Be by 2034?
The Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
How Big Is the Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Size Expected to Be by 2034?
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What Are the Emerging Segments Within the Chronic Obstructive Pulmonary Disease (COPD) Treatment Market?
The chronic obstructive pulmonary disease (COPD) treatment market covered in this report is segmented -
1) By Drug Class: Combination Therapy, Bronchodilators, Corticosteroids, Phosphodiesterase Type 4 Inhibitor, Mucokinetics, Other Drug Classes
2) By Type: Chronic Bronchitis, Emphysema
3) By End-User: Hospitals, Clinics, Homecare Settings
Subsegments:
1) By Combination Therapy: Long-Acting Beta-Agonists (LABA) + Inhaled Corticosteroids (ICS), Long-Acting Muscarinic Antagonists (LAMA) + LABA, Triple Therapy (LAMA + LABA + ICS)
2) By Bronchodilators: Short-Acting Beta-Agonists (SABA), Long-Acting Beta-Agonists (LABA), Long-Acting Muscarinic Antagonists (LAMA)
3) By Corticosteroids: Inhaled Corticosteroids (ICS), Oral Corticosteroids, Injectable Corticosteroids
4) By Phosphodiesterase Type 4 Inhibitor: Roflumilast, Other PDE4 Inhibitors
5) By Mucokinetics: Expectorants, Mucolytics
6) By Other Drug Classes: Antibiotics, Antivirals, Antifungal Agents
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What Long-Term Drivers Are Shaping Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Trends?
The growth of the chronic obstructive pulmonary disease (COPD) treatment market is anticipated to be driven by the escalating incidence of lung disease. Lung disease, a condition that inhibits the proper functioning of the lungs, comes in many forms, including asthma, COPD, and lung cancer. The primary role of COPD treatment is to manage lung disease by slowing its progression, mitigating its symptoms, and preventing lung damage with the use of inhalers and medications. For example, the global initiative for Chronic obstructive lung disease (GOLD), a US-based non-profit organization, reported in September 2022 that COPD leads to 3.2 million deaths per year and impacts an estimated 200 million people worldwide. Furthermore, in 2022, asthma was found to have affected 262 million individuals across the globe, a statistic expected to grow in the coming years. The LUNGevity Foundation, another US-based non-profit organization, projects that 127,000 Americans will die annually from lung cancer by the year 2023. Consequently, the climbing prevalence of lung disease is fuelling the expansion of the chronic obstructive pulmonary disease (COPD) treatment market.
Who Are the Top Competitors in Key Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Segments?
Major companies operating in the chronic obstructive pulmonary disease (COPD) treatment market include Almirall S.A., AstraZeneca plc, Boehringer Ingelheim International GmbH, F. Hoffmann-La Roche Ltd., GlaxoSmithKline plc, Novartis AG, Teva Pharmaceutical Industries Ltd., Astellas Pharma Inc., Abbott Laboratories, Chiesi Farmaceutici S.p.A, Mylan N.V., Orion Corporation, Sunovion Pharmaceuticals Inc., Dr. Reddy's Laboratories Ltd., Circassia Group PLC, Kyowa Kirin Co. Ltd., Sanofi S.A, Theravance Biopharma Inc., Verona Pharmaceuticals plc, Alcon Laboratories Inc., Amgen Inc., Apotex Inc., Aurobindo Pharma Limited, Biocon Limited, Biogen Inc., Bristol-Myers Squibb Company, Cipla Limited, Eli Lilly and Company, Glenmark Pharmaceuticals Limited, Hikma Pharmaceuticals plc, Lupin Limited, Meda AB, Mundipharma International Limited, Pfizer Inc.
What Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Trends Are Gaining Traction Across Different Segments?
One notable trend emerging in the chronic obstructive pulmonary disease (COPD) treatment market is the emphasis on product innovation. Major firms that dominate the COPD treatment market are striving to remain relevant by creating unique products. As an example, GlaxoSmithKline plc (GSK), a pharmaceutical and biotechnology organization based in the UK, introduced Trelegy Ellipta (fluticasone furoate, umeclidinium, and vilanterol) to the Indian market in April 2022. This medication is the first single-inhaler triple treatment (SITT) for COPD patients in India. Trelegy Ellipta is designed for use as a preventative and treatment measure for symptoms associated with COPD in people who are 18 or older. It operates comparably to natural corticosteroid hormones by interacting with receptors on specific immune cell types, suppressing immune system activity. Furthermore, it assists in reducing lung airway inflammation, improving breathing.
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Which Regions Are Becoming Hubs for Chronic Obstructive Pulmonary Disease (COPD) Treatment Market Innovation?
North America was the largest region in the chronic obstructive pulmonary disease (COPD) treatment market in 2024.Asia-Pacific is expected to be the global chronic obstructive pulmonary disease (COPD) treatment market report during the fastest-growing region in the forecast period. The regions covered in the chronic obstructive pulmonary disease (COPD) treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Chronic Obstructive Pulmonary Disease (COPD) Treatment Market?
2. What is the CAGR expected in the Chronic Obstructive Pulmonary Disease (COPD) Treatment Market?
3. What Are the Key Innovations Transforming the Chronic Obstructive Pulmonary Disease (COPD) Treatment Industry?
4. Which Region Is Leading the Chronic Obstructive Pulmonary Disease (COPD) Treatment Market?
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