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Anti-Asthmatics And COPD Drugs Market Anticipated To Witness Robust Growth, Surpassing $107.01 Billion By 2029
The Anti-Asthmatics And COPD Drugs 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].What Is the Current Anti-Asthmatics And COPD Drugs Market Size and Its Estimated Growth Rate?
The market size for anti-asthmatics and COPD medications has seen substantial growth in recent times. Predicted to increase from $80.82 billion in 2024 to $86.11 billion in 2025, it forecasts a compound annual growth rate (CAGR) of 6.6%. Factors contributing to this growth during the historic period include a rising number of respiratory disease cases, an uptick in tobacco smoking incidence, global warming impacts, an aging population, emerging markets in new regions, advances in drug discovery techniques, and escalating healthcare spending.
The market for anti-asthmatics and COPD drugs is anticipated to demonstrate robust expansion in the immediate future, reaching a value of $107.01 billion by 2029 with a compound annual growth rate (CAGR) of 5.6%. The projected growth during this period can be credited to the surging use of e-cigarettes/vaping, escalating obesity rates, technological advancements, a substantial undiagnosed population, the application of anti-asthmatics and COPD drugs in treating COVID-19 patients, and a heightened intake of fatty foods. The forthcoming period will see major trends such as the creation of probiotic drugs for asthmatics, the development of anti-il-5 drugs to diversify business offerings, the launch of innovative products to solidify market standing and stay competitive, heightened investment in bioelectric medicine research, an emphasis on fostering collaborations, offering personalized treatments, and crafting combination drugs for improved efficacy, and harnessing biologics to meet increasing demand.
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How Are Emerging Segments Shaping the Anti-Asthmatics And COPD Drugs Market Landscape?
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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Which Growth Factors Are Influencing Anti-Asthmatics And COPD Drugs Market Expansion?
The anti-asthmatics and COPD drugs market is influenced by various changeable risk factors such as smoking, a sedentary lifestyle, and poor dietary choices. Despite a global decline in smoking rates, there are developing nations like China, India, Indonesia, and Nigeria where the prevalence of smoking is on the rise. For example, it is projected that by 2025, Indonesia will see an increase of 24 million tobacco smokers and Nigeria will see 7 million more. Also, China accounts for over 40% of total global cigarette consumption. Consumption of fat, which includes saturated fatty acids, a risk factor for Asthma and COPD, is more prevalent in wealthy countries like the USA and Europe. The World Health Organization has indicated that in developed nations, more than 35% of total energy needs are met through fats, compared to less than 20% in low-income countries and less than 25% in lower-middle-income countries.
Who Are the Dominant Players Across Different Anti-Asthmatics And COPD Drugs Market Segments?
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
What Are the Latest Developing Trends in the Anti-Asthmatics And COPD Drugs Market?
Leading enterprises in the anti-asthmatics and COPD drugs industry are developing novel items such as fixed dose combination (FDC) medication, specifically, Indacaterol plus Mometasone to bolster their profits in the market. The Breezhaler device delivers this once-daily fixed-dose compound, crafted for the continuous control of asthma in patients. In June 2022, for example, Glenmark Pharmaceuticals, an American pharmaceutical firm, released a unique fixed dose combination (FDC) medication, Indacaterol plus Mometasone, aimed at aiding patients suffering from unmanageable asthma in India. This drug, sold under the name Indamet, is available in three separate variants, all encompassing a steady dose of 150 mcg of Indacaterol, but varying doses of Mometasone: 80 mcg, 160 mcg, and 320 mcg.
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Which Geographic Regions Are Expected to Dominate the Anti-Asthmatics And COPD Drugs Market in the Coming Years?
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
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Anti-Asthmatics And COPD Drugs Market?
2. What is the CAGR expected in the Anti-Asthmatics And COPD Drugs Market?
3. What Are the Key Innovations Transforming the Anti-Asthmatics And COPD Drugs Industry?
4. Which Region Is Leading the Anti-Asthmatics And COPD Drugs Market?
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