Global Asthma and COPD Drugs Market: Information by Disease (COPD and Asthma), Product (Long-Term Asthma Control Medications, Quick Relief Medications), Route of Administration (Oral, Inhaled), Distribution Channel (Retail Pharmacies, Hospital Pharmacies, Online Pharmacies) and Region (Americas, Europe, Asia-Pacific, Middle East & Africa) - Forecast till 2027

Market Overview

Global Asthma And COPD Drugs Market is expected to register a CAGR of 7.90% to reach USD 43,444.72 Million by 2025. Asthma is a type of inflammatory disease that affects the lungs and makes breathing difficult. Asthma is one of the common chronic condition affecting many people across the globe. COPD or chronic obstructive pulmonary disease is an umbrella term used for a group of respiratory diseases such as emphysema and chronic bronchitis.

Market Dynamics

The increasing prevalence & incidence rate of asthma and COPD and a strong product pipeline is expected to drive the market growth. According to a report published by the Asthma and Allergy Foundation of America in June 2019, 1 in 13 Americans has asthma. Moreover, it also stated that more than 11.4 million people who have asthma experienced at least one asthma attack in 2017. The rapidly changing lifestyle and high R&D expenditure are also anticipated to drive the market growth.

Global Asthma and COPD Drugs Market, by Distribution Channel, 2018 & 2025 (USD Million)  

Source: MRFR Analysis

Segmentation

Global Asthma And COPD Drugs Market has been segmented by disease, product, route of administration, and distribution channel. The market, based on disease, has been bifurcated into asthma and COPD.

Based on product, asthma and COPD drugs market has been segregated into long-term asthma control medications and quick-relief medications. The long-term asthma control medications are further segmented into combination drugs, anticholinergics, inhaled corticosteroids, long-acting beta-agonists, theophylline, and others. The combination drugs are further segregated into Seretide/Advair, Symbicort, Relvar/Breo Ellipta, Flutiform, Dulera, and Others. Anticholinergics is further sub-segmented into Spiriva and others. Inhaled corticosteroids are further segmented into Pulmicort, Flovent, Qvar, and others.

The quick-relief medications have been further segmented into short-acting beta-agonists, oral & intravenous corticosteroids, ipratropium bromide (Atrovent), and others. Short-acting beta-agonists have been further segregated into Proair and Ventolin.

Global asthma and COPD drugs market, based on the route of administration, has been segmented into oral, inhaled, and others. On the basis of the distribution channels, global asthma and COPD drugs market has been segmented into retail pharmacies, hospital pharmacies, and online pharmacies.

Asia-Pacific Asthma and COPD Drugs Market Share, 2018 (%)  

Source: MRFR Analysis

Regional Analysis

The Global Asthma and COPD Drugs Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.

The Americas is likely to dominate global asthma and COPD drugs market. This can be attributed to the rising patient population suffering from asthma and COPD in the region. According to the American Academy of Allergy Asthma & Immunology, in 2016, approximately 8.3% of children in the US had asthma. Moreover, the rising health expenditure per person and increasing demand for advanced treatment options are also expected to drive market growth.

The European market for asthma and COPD drugs is estimated to be the second-largest during the review period. The growing awareness of asthma and COPD in Europe is expected to boost the growth of the regional market. For instance, in April 2017, the “United Action for Allergy and Asthma” was launched in Europe to raise awareness regarding asthma in the continent. Additionally, the prevalence of asthma and COPD is also increasing in Europe, which is further fueling the market growth.

Asia-Pacific is estimated to be the fastest-growing market owing to the rising awareness regarding COPD and asthma in the region. This is evident from the launch of a campaign by Koninklijke Philips in May 2019, for raising awareness of asthma in India on World Asthma Day. Moreover, the high prevalence of asthma and COPD is also positively affecting the market growth.

Key Players

The Prominent Players in the Global Asthma and COPD Drugs Market are GlaxoSmithKline plc (UK), AstraZeneca (UK), Boehringer Ingelheim International GmbH (Germany), and Chiesi Farmaceutici SpA (Italy).

Some of the key strategies followed by players operating in global asthma and COPD drugs market were collaborations, acquisition, product approval & launch, and expansion.

• In April 2019, Boehringer Ingelheim invested USD 117.46 million (EUR 105 million) for expanding its production sites in Dortmund and Ingelheim for the manufacturing of its respiratory products

• In August 2018, The European Commission approved Nucala (mepolizumab) for the treatment of pediatric patients who have severe eosinophilic asthma in the European region. This approval will help to meet the high unmet need of the European population, as the severity of the disease is high among the children and adolescents compared to adults. Also, the region has a very limited option to treat severe asthma in children

• In May 2017, AstraZeneca collaborated with Pieris Pharmaceuticals for the development and commercialization of Anticalin-based inhaled treatments for respiratory diseases, including asthma

Market Segmentation

Global Asthma and COPD Drugs Market, by Disease

• Asthma


• COPD

Global Asthma and COPD Drugs Market, by Product

• Long-Term Asthma Control Medications
  
  
  
  • Combination Drugs
    
    
    
    • Seretide/Advair
    
    
    • Symbicort
    
    
    • Relvar/Breo Ellipta
    
    
    • Flutiform
    
    
    • Dulera
    
    
    • Others
    
    
    
    
  
  
  • Anticholinergics
    
    
    
    • Spiriva
    
    
    • Others
    
    
    
    
  
  
  • Inhaled Corticosteroids
    
    
    
    • Pulmicort
    
    
    • Flovent
    
    
    • Qvar
    
    
    • Others
    
    
    
    
  
  
  • Long-Acting Beta Agonists
    
    
    
    • Theophylline
    
    
    • Others
    
    
    
    
  
  
  
  


• Quick-Relief Medications
  
  
  
  • Short-Acting Beta Agonists
    
    
    
    • Proair
    
    
    • Ventolin
    
    
    
    
  
  
  • Oral and Intravenous Corticosteroids
  
  
  • Ipratropium Bromide (Atrovent)
  
  
  • Others
  
  
  
  

Global Asthma and COPD Drugs Market, by Route of Administration

• Oral


• Inhaled


• Others (Intravenous, Subcutaneous)

Global Asthma and COPD Drugs Market, by Distribution Channel

• Retail Pharmacies


• Hospital Pharmacies


• Online Pharmacies

Global Asthma and COPD Drugs Market, by Region

• Americas
  
  
  
  • US
  
  
  • Mexico
  
  
  • Rest of Americas
  
  
  
  

• Europe
  
  
  
  • Germany
  
  
  • UK
  
  
  • Russia
  
  
  • Rest of Europe
  
  
  
  

• Asia-Pacific
  
  
  
  • China
  
  
  • Thailand
  
  
  • Rest of Asia-Pacific
  
  
  
  

• Middle East & Africa
  
  
  
  • Saudi Arabia
  
  
  • Rest of Middle East & Africa
  
  
  
  

Available Additional Customizations

• Additional Company Profiles


• Pfizer Inc.


• Teva Pharmaceutical Industries Ltd


• Merck & Co. Inc.


• Grifols S A


• Novartis AG


• Cipla Inc.


• Abbott


• Astellas Pharma


• Hoffmann-La Roche Ltd


• Glenmark Pharmaceuticals


• Competitive Landscape

Intended Audience

• Pharmaceutical companies


• Contract research organizations


• Research & development organizations


• Academic institutes

Report Scope:

Report Attribute/Metric	Details
Market Size	USD 43,444.72 Million
CAGR	7.90% (2020-2027)
Base Year	2019
Forecast Period	2020-2027
Historical Data	2018
Forecast Units	Value (USD Million)
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
Segments Covered	Disease, Product, Route of Administration and Distribution Channel
Geographies Covered	North America, Europe, Asia-Pacific, and Rest of the World (RoW)
Key Vendors	GlaxoSmithKline plc (UK), AstraZeneca (UK), Boehringer Ingelheim International GmbH (Germany), and Chiesi Farmaceutici SpA (Italy
Key Market Opportunities	The increasing prevalence & incidence rate of asthma and COPD and a strong product pipeline is expected to drive the market growth
Key Market Drivers	Rapidly changing lifestyle High R&D expenditure

Frequently Asked Questions (FAQ) :

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