Asthma & COPD Market

Asthma & COPD Market by Drug Class (Bronchodilators [Long Acting Beta-2 Agonists, Short Acting Beta-2 Agonists, and Anti-cholinergic Agents], Anti-inflammatory Drugs [Oral and Inhaled Corticosteroids, Phosphodiesterase Type-4 Inhibitors, Leukotriene Antagonists, and Others], Monoclonal Antibodies, and Combination Drugs) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028.

  • Report ID: HC-1952
  • Author: Growth Market Reports
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  • No. Of Pages: 160
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The global asthma & COPD market size is expected to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the rising frequency of asthma & COPD cases globally.

Asthma refers to a chronic respiratory disease condition in which the airways of lung are blocked due to inflammation, mucus production, or tightening of muscles. Some of the common symptoms of asthma are shortness of breath, chest pain, wheezing while exhaling (common sign of asthma in children), and problems while sleeping due to shortness of breath, coughing or wheezing, which can get worse because of viral attack on respiratory system such as a flu or cold. Chronic obstructive pulmonary disease (COPD) is a persistent obstruction of airflow in the lungs, which produces symptoms such as tiredness, chronic cough, abnormal sputum, chest infections, breathlessness or shortness of breath, ankle swelling, and loss of weight.

Asthma & COPD Market Key Takeaways

Changes in environmental conditions due to pollution, the number of asthma & COPD are rising over the years. As per the World Health Organization (WHO) 2021 factsheet, COPD is the third biggest health issue responsible for 3.20 million death in 2019 globally. This havoc was mainly faced by the people of developing or underdeveloped countries as the mortality rate was extremely high, which was around 80% of the total deaths occurred. As per the 2018 report published by the Global Initiative for Chronic Obstruction Disease, the annual death rate of COPD is anticipated to be around 4 million people by 2030 globally. According to a report by WHO, around 260 million people suffered from asthma and caused 461000 deaths in 2019. The most common chronic disease in children is asthma.

A substantial rise in number of the geriatric population worldwide is a key factor for increasing asthma cases over the years. Based on the World Ageing 2020 statistics, there were around 730 million people of age 65 years or above suffering from asthma in 2020 globally and the number is projected to reach 1.4 billion by 2050. Additionally, factors such as increasing expansion of new factories, increasing road traffic due to growing number of vehicles, and environment degradation are responsible for pollution. This is a major reason for causing asthma worldwide. Meanwhile, the COVID-19 pandemic had also positively impacted the market as the patients with asthma or COPD were at higher risk of getting contracted with the virus. Most of the patients having asthma or COPD are recommended to be hospitalized as the coronavirus easily attacked these patients in a short period of time.

Market Trends, Drivers, Restraints, and Opportunities

  • Rising smoking habits among a large number of the global population and inactive lifestyle are key reasons for high disease cases globally. This is expected to bolster the market growth.
  • Development of novel technology and introduction of personalization of medicine for the treatment of asthma along with strong pipeline for drugs are propelling the market revenue.
  • Improving healthcare facilities and rising public awareness along with high disposable income of people in emerging economies are boosting the market expansion.
  • High cost of treatment and drugs for asthma & COPD along with long duration of the disease treatment are major factors that hinder the market growth.
  • Strict government guidelines for the approval of asthma & COPD drugs, side effects of drugs, and patent expiry of the drugs act as key restraints to the market growth.

Scope of the Report

The report on the global asthma & COPD market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Asthma & COPD Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Drug Class (Bronchodilators [Long Acting Beta-2 Agonists, Short Acting Beta-2 Agonists, and Anti-cholinergic Agents], Anti-inflammatory Drugs [Oral and Inhaled Corticosteroids, Phosphodiesterase Type-4 Inhibitors, Leukotriene Antagonists, and Others], Monoclonal Antibodies, and Combination Drugs)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

AstraZeneca PLC; Novartis AG; GlaxoSmithKline plc; Merck & Co.; Verona Pharma plc,; Regeneron Pharmaceuticals, Inc.; and Boehringer Ingelheim GmbH

Market Segment Insights

Combination drugs segment is expected to grow at a rapid pace

Based on drug class, the global asthma & COPD market is divided into bronchodilators, anti-inflammatory drugs, monoclonal antibodies, and combination drugs. The bronchodilators segment includes long acting beta-2 agonists, short acting beta-2 agonists, and anti-cholinergic agents. The anti-inflammatory drugs segment is further classified into oral and inhaled corticosteroids, leukotriene antagonists, phosphodiesterase type-4 inhibitors, and other anti-inflammatory drugs. The combination drugs segment dominated the global market in 2019 representing more than 55.7% of the global market share in terms of revenue and is expected to grow at a rapid pace in the coming years. The combination therapy of drugs include Symbicort by AstraZeneca and Advair by GlaxoSmithKline, which are most successful commercialization treatment drugs against asthma & COPD. These drugs are considered to be less side effects and better efficacy.

Asthma & COPD Market By Drug Class

North America is projected to contribute a major market share

In terms of regions, the global asthma & COPD market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is projected to contribute a major market share during the projected period owing to rising development of advanced technological diagnostics, high research and development activities, and proper healthcare infrastructure in the region. However, the market of Europe is expected to hold a substantial market share in the coming years owing to wide awareness of asthma treatment and early adoption of advanced technology of diagnostic devices in the region.

On the other hand, the market of Asia Pacific is anticipated to expand at an impressive CAGR during the forecast period owing to rising cases of asthma and high pollution level in the region due to rapid urbanization. Moreover, growing awareness of asthma treatment and demographic changes in emerging nations such as India and China play a crucial role for the regional market expansion.

Asthma & COPD Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Asthma & COPD Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Asthma & COPD Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Asthma & COPD Market - Supply Chain
  4.5. Global Asthma & COPD Market Forecast
     4.5.1. Asthma & COPD Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Asthma & COPD Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Asthma & COPD Market Absolute $ Opportunity
5. Global Asthma & COPD Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Asthma & COPD Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Asthma & COPD Demand Share Forecast, 2019-2026
6. North America Asthma & COPD Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Asthma & COPD Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Asthma & COPD Demand Share Forecast, 2019-2026
7. Latin America Asthma & COPD Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Asthma & COPD Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Asthma & COPD Demand Share Forecast, 2019-2026
8. Europe Asthma & COPD Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Asthma & COPD Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Asthma & COPD Demand Share Forecast, 2019-2026
9. Asia Pacific Asthma & COPD Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Asthma & COPD Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Asthma & COPD Demand Share Forecast, 2019-2026
10. Middle East & Africa Asthma & COPD Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Asthma & COPD Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Asthma & COPD Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Asthma & COPD Market: Market Share Analysis
  11.2. Asthma & COPD Distributors and Customers
  11.3. Asthma & COPD Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. AstraZeneca PLC Novartis AG GlaxoSmithKline plc Merck & Co. Verona Pharma plc, Regeneron Pharmaceuticals, Inc.  
Segments Covered in the Report
The global asthma & COPD market has been segmented on the basis of

Drug Class
  • Bronchodilators
    • Long Acting Beta-2 Agonists
    • Short Acting Beta-2 Agonists
    • Anti-cholinergic Agents
  • Anti-inflammatory Drugs
    • Oral and Inhaled Corticosteroids
    • Phosphodiesterase Type-4 Inhibitors
    • Leukotriene Antagonists
    • Others
  • Monoclonal Antibodies
  • Combination Drugs
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • AstraZeneca PLC
  • Novartis AG
  • GlaxoSmithKline plc
  • Merck & Co.
  • Verona Pharma plc,
  • Regeneron Pharmaceuticals, Inc.
  • Boehringer Ingelheim GmbH

Key players competing in the global asthma & COPD market are AstraZeneca PLC; Novartis AG; GlaxoSmithKline plc; Merck & Co.; Verona Pharma plc; Regeneron Pharmaceuticals, Inc.; and Boehringer Ingelheim GmbH.

Asthma & COPD Market By Key Players

 

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