Global Asthma & Copd Therapies Market Set To Grow To $43.1bn By 2021
10 August 2018
Visiongain has launched a new pharma report Global Asthma & COPD Therapies Market 2017-2027: Bronchodilator Monotherapy, Anticholinergics, Short-acting Beta-Agonists (SABAs), Long-acting Beta-Agonists (LABAs), Long-acting Muscarinic Antagonists (LAMAs), Anti-Inflammatory Drugs, Corticosteroids, Anti-Leukotrienes, Monoclonal Antibodies, Combination Drugs
The asthma & COPD market is maturing with generic competition looming for Advair, Symbicort, Spiriva and other leading drugs. However, novel drugs such as monoclonal antibodies for severe asthma and combination drugs are expected to drive growth in certain segments of the market. Phenotyping of asthma and COPD patient groups, telehealth and advances in inhaler design will also drive growth in 2016-2027.
The lead analyst of the report commented “For the overall asthma and COPD market, expansion into the BRIC and other emerging markets will be of high importance in the years to come, in particular as the US and European markets become saturated and experience slow growth due to patent expiry, generic competition and low healthcare budgets.
The market benefits from increasing prevalence of respiratory diseases, coupled with the high economic cost of those diseases. The industry will also have more biologics and synthetic anti-inflammatory agents for both asthma and COPD, as companies look to identify and offer treatments for multiple patient sub-groups.”
Leading companies featured in the report include GSK, Boehringer Ingelheim, AstraZeneca, Novartis, Merck , Roche and Teva.
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