Press release
Asthma Drugs Market Expands at 5.2% CAGR Through 2032 | Top Major Companies likes -AstraZeneca, GSK plc, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Regeneron Pharmaceuticals, Inc., Sanofi, Amgen Inc.
The Global Asthma Drugs Market reached US$ 25.72 billion in 2024 and is expected to reach US$ 37.62 billion by 2032, growing at a CAGR of 5.2% during the forecast period 2025-2032.Asthma Drugs Market is comprehensively covered in the DataM Intelligence report, which offers critical data, industry trends, and market intelligence. The study delves into the competitive environment, assessing leading players on their product portfolios, pricing, financial health, strategic growth initiatives, and geographic expansion.
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Asthma drugs are medications used to prevent and manage the symptoms of asthma by reducing airway inflammation, relaxing bronchial muscles, and improving breathing. These include quick-relief inhalers like bronchodilators for acute attacks, and long-term control medications such as corticosteroids, leukotriene modifiers, and biologics. Proper use of asthma drugs helps minimize flare-ups, improve lung function, and enhance patients' quality of life.
Major players in the Asthma Drugs market
The prominent players in Asthma Drugs market research report are: AstraZeneca, GSK plc, Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Regeneron Pharmaceuticals, Inc., Sanofi, Amgen Inc., Covis Pharma, and Camber Pharmaceuticals, Inc.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Asthma Drugs Market Key Development
→ In January 2024, AstraZeneca launched AIRSUPRA (albuterol/budesonide) in the U.S. by prescription, following FDA approval for as-needed treatment and prevention of asthma symptoms and attacks in adults aged 18 and older.
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Asthma Drugs Market Segments
By Drug Class: Inhaled Corticosteroids, Leukotriene Modifiers, Long-Acting Beta Agonists (LABAs), Quick-Relief Medications, Combination Inhalers, Biologics, Others
By Route of Administration: Inhalation, Oral, Others
By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
The Asthma Drugs industry is experiencing rapid growth, driven by advancements in medical technologies, increased demand for innovative therapies, and a rising focus on patient-centered care. As these sectors evolve, the need for comprehensive market analysis becomes crucial to understand trends, regulatory changes, and emerging opportunities.
Regions Covered:
The global Asthma Drugs Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
This Report Covers:
✔ Go-to-market Strategy.
✔ Neutral perspective on the market performance.
✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, Market Access, and other significant analysis, as well as development status.
✔Customized regional/country reports as per request and country level analysis.
✔ Potential & niche segments and regions exhibiting promising growth covered.
✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).
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