Market Synopsis of Anti-Asthma Drugs Market
Asthma is a chronic lung disease characterized by hyper responsiveness of tracheobronchial smooth muscle to stimuli, resulting in narrowing and inflammation of air tubes, accompanied by increased secretion, swelling and build-up of tissue fluid. Symptoms include tight chest, wheezing, cough and may be limitation of activity due to difficulty in breathing.
Approximately, 300 million people suffer from asthma in 2015 and the figures are mounting which is blamed on increased pollution and unhealthy lifestyles. This has bloated the market to around USD 18.9 billion as of 2015 which is expected to reach USD 28.3 billion as of 2022, resulting in a CAGR of 5.94%. The factors favoring the growth of the market are growing awareness of the benefits of modern drug therapy, strong pipeline of anti-asthma drugs with some novel molecules, growth in patients due to increasing pollution and great potential of biologics which is anticipated to dominate the future market etc.
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Key Players for Global Anti-Asthma Drugs Market
GlaxoSmithKline plc., Merck & Co., Inc., AstraZeneca plc., F. Hoffmann-La Roche Ltd, Teva Pharmaceutical Industries, Novartis International AG, Boehringer Ingelheim, Sunovion Pharmaceuticals Inc.
Segments for Global Anti-Asthma Drugs Market
Global Anti-Asthma Drugs Market has been segmented on the basis of by type it comprises – allergic (extrinsic) and non-allergic (intrinsic) asthma, by trigger it comprises – child-onset asthma, adult-onset asthma, exercise-induced asthma, cough-induced asthma, occupational asthma, nocturnal asthma, steroid-resistant asthma, by therapy it comprises – reliever treatment and maintenance treatment, by drug class it comprises – bronchodilators (beta agonists, anti-cholinergics, xanthines), leukotriene antagonists, mast cell stabilizers, corticosteroids, monoclonal antibody and by route it comprises – oral, inhaled, intravenous, subcutaneous.
Regional Analysis for Global Anti-Asthma Drugs Market
Globally North America is the largest market for anti-asthma drugs. Europe is the second-largest market for anti-asthma drugs. The developing region especially Asia Pacific is accounting for major newer cases due to greater screening and better health care facilities distribution. However the developing regions market particularly Asia Pacific will be the fastest growing and will be the key to the future.
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Some Brief Table of Contents of Report
Chapter 1 Introduction
1.2 Scope Of Study
1.3 Research Objective
1.4 Assumptions & Limitations
1.5 Market Structure
Chapter 2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
Chapter 3 Market Dynamics
3.5 Macroeconomic Indicators
Chapter 4 Market Factor Analysis
4.1 Porter’s Five Forces Model
4.1.1 Bargaining Power Of Suppliers
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