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South Korea Respiratory Drugs Market

ID: MRFR/Pharma/43768-HCR
200 Pages
Rahul Gotadki
October 2025

South Korea Respiratory Drugs Market Research Report By Drug Class (Short-Acting Beta2-Agonists (SABA), Long-Acting Beta2-Agonists (LABA), Inhaled Corticosteroids (ICS), Anticholinergics, Antihistamines, Vasodilators, Combination Drugs, Others), By Disease Type (Asthma, Chronic Bronchitis, Chronic Obstructive Pulmonary Disease (COPD), Pleural Effusion, Others), By Route of Administration (Inhalation, Enteral, Parenteral) and By Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies)- Forecast to 2035

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South Korea Respiratory Drugs Market Summary

As per MRFR analysis, the South Korea respiratory drugs market Size was estimated at 1431.0 USD Million in 2024. The South Korea respiratory drugs market is projected to grow from 1521.15 USD Million in 2025 to 2803.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 6.3% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The South Korea respiratory drugs market is experiencing a transformative shift towards preventive care and personalized medicine.

  • The market is witnessing an increased focus on preventive care, which is reshaping treatment paradigms.
  • Personalized medicine is emerging as a key trend, allowing for tailored therapies that enhance patient outcomes.
  • Digital health solutions are being integrated into respiratory care, facilitating better management and monitoring of conditions.
  • The growing prevalence of respiratory diseases and advancements in drug formulations are driving market expansion.

Market Size & Forecast

2024 Market Size 1431.0 (USD Million)
2035 Market Size 2803.0 (USD Million)
CAGR (2025 - 2035) 6.3%

Major Players

Pfizer (US), Boehringer Ingelheim (DE), GlaxoSmithKline (GB), AstraZeneca (GB), Novartis (CH), Teva Pharmaceutical Industries (IL), Sanofi (FR), Merck & Co. (US), Roche (CH)

South Korea Respiratory Drugs Market Trends

The respiratory drugs market in South Korea is currently experiencing notable growth, driven by an increasing prevalence of respiratory diseases and a rising awareness of health issues among the population. The government has been actively promoting initiatives aimed at improving respiratory health, which has led to a surge in demand for innovative therapies and treatments. Furthermore, advancements in pharmaceutical research and development are contributing to the introduction of new medications that target various respiratory conditions, enhancing patient outcomes. This evolving landscape suggests a robust future for the respiratory drugs market, as stakeholders adapt to changing healthcare needs and technological advancements. In addition, the regulatory environment in South Korea appears to be supportive of new drug approvals, which may facilitate quicker access to essential medications for patients. The collaboration between public health organizations and private sector companies is likely to foster innovation and improve the overall quality of care. As the respiratory drugs market continues to expand, it is essential for industry players to remain vigilant and responsive to emerging trends and consumer demands, ensuring that they can effectively meet the needs of patients and healthcare providers alike.

Increased Focus on Preventive Care

There is a growing emphasis on preventive measures in the respiratory drugs market, as healthcare providers and patients recognize the importance of early intervention. This trend is likely to lead to an increase in the use of inhalers and other preventive medications, which may help reduce the incidence of severe respiratory conditions.

Rise of Personalized Medicine

The respiratory drugs market is witnessing a shift towards personalized medicine, where treatments are tailored to individual patient profiles. This approach may enhance the effectiveness of therapies and improve patient adherence, as medications are designed to meet specific needs based on genetic and environmental factors.

Integration of Digital Health Solutions

The integration of digital health technologies into the respiratory drugs market is becoming more prevalent. Mobile applications and telehealth services are being utilized to monitor patient conditions and medication adherence, potentially leading to better health outcomes and more efficient management of respiratory diseases.

South Korea Respiratory Drugs Market Drivers

Impact of Environmental Factors

Environmental factors, including air pollution and allergens, are significantly influencing the respiratory drugs market. South Korea faces challenges related to air quality, with high levels of particulate matter and other pollutants contributing to respiratory issues. Studies indicate that poor air quality exacerbates conditions such as asthma and COPD, leading to increased medication usage. As the population becomes more aware of the health implications of environmental factors, there is a growing demand for effective respiratory treatments. This trend is likely to drive the respiratory drugs market, as healthcare providers and patients seek solutions to mitigate the effects of environmental triggers on respiratory health.

Advancements in Drug Formulations

Innovations in drug formulations are significantly influencing the respiratory drugs market. The development of novel inhalation devices and targeted delivery systems enhances the efficacy of respiratory medications. For instance, the introduction of dry powder inhalers and nebulizers has improved drug absorption and patient compliance. Additionally, the emergence of biologics and biosimilars offers new treatment options for patients with severe asthma and other respiratory conditions. These advancements not only improve therapeutic outcomes but also stimulate market growth by attracting investments in research and development. The South Korean pharmaceutical industry is increasingly focusing on creating advanced formulations that cater to the specific needs of patients, thereby driving the respiratory drugs market forward.

Rising Awareness of Respiratory Health

There is a growing awareness of respiratory health among the South Korean population, which is positively impacting the respiratory drugs market. Public health campaigns and educational initiatives have increased knowledge about the importance of managing respiratory conditions. This heightened awareness encourages individuals to seek medical advice and treatment, leading to an uptick in prescriptions for respiratory medications. Moreover, the rise of health-conscious consumers is driving demand for preventive measures and treatments. As more people recognize the significance of respiratory health, the market for respiratory drugs is expected to expand, fueled by the increasing number of patients seeking effective therapies.

Growing Prevalence of Respiratory Diseases

The rising incidence of respiratory diseases in South Korea is a primary driver for the respiratory drugs market. Conditions such as asthma and chronic obstructive pulmonary disease (COPD) are becoming increasingly common, affecting a significant portion of the population. Recent statistics indicate that approximately 5.5 million individuals in South Korea suffer from asthma, while COPD prevalence is estimated at around 3.5 million. This growing patient base necessitates the development and availability of effective respiratory drugs, thereby propelling market growth. Furthermore, the aging population, which is more susceptible to respiratory ailments, contributes to the demand for innovative therapies. As healthcare providers focus on improving patient outcomes, the respiratory drugs market is likely to expand, driven by the need for effective management of these chronic conditions.

Government Initiatives and Healthcare Policies

Government initiatives aimed at improving respiratory health are playing a crucial role in shaping the respiratory drugs market. South Korea's healthcare policies emphasize the importance of managing chronic respiratory diseases through early diagnosis and effective treatment. The government has implemented various programs to promote awareness and education regarding respiratory health, which in turn drives demand for respiratory medications. Furthermore, funding for research and development in the pharmaceutical sector is increasing, leading to the introduction of new drugs and therapies. As a result, the respiratory drugs market is likely to benefit from these supportive policies, which aim to enhance healthcare access and improve patient outcomes.

Market Segment Insights

By Drug Class: Inhaled Corticosteroids (Largest) vs. Combination Drugs (Fastest-Growing)

In the South Korea respiratory drugs market, inhaled corticosteroids (ICS) capture the largest market share, primarily due to their effectiveness in managing chronic respiratory diseases such as asthma and COPD. They are widely prescribed and have established themselves as the standard treatment, accounting for a significant portion of the market. Following ICS, combination drugs are gaining traction, as they offer the convenience of multiple therapeutic effects in a single inhaler, appealing to patients' needs for simplicity and adherence to treatment regimens. The growth trends in this segment are largely driven by increased awareness and diagnosis of respiratory conditions, alongside a growing aging population that is more prone to chronic respiratory diseases. Moreover, combinations of drugs, particularly those that combine corticosteroids with long-acting bronchodilators, are becoming increasingly popular due to their synergistic effects. This trend is anticipated to continue, with ongoing innovations in drug formulations and delivery systems that enhance patient compliance and treatment outcomes.

Inhaled Corticosteroids (Dominant) vs. Combination Drugs (Emerging)

Inhaled corticosteroids (ICS) have established themselves as the dominant therapeutic class in the South Korea respiratory drugs market. They are preferred for their ability to reduce inflammation and control symptoms in chronic obstructive pulmonary disease (COPD) and asthma patients. Their long-standing presence in treatment guidelines and their proven efficacy make them a staple in respiratory therapy. On the other hand, combination drugs are emerging as a key player due to their ability to deliver multiple types of medications simultaneously, enhancing patient adherence to treatment. This segment's growth is fueled by patient demand for more effective and user-friendly solutions, making combination therapies a focal point for pharmacological innovation.

By Disease Type: Asthma (Largest) vs. Chronic Obstructive Pulmonary Disease (COPD) (Fastest-Growing)

The South Korea respiratory drugs market displays a significant distribution among various disease types, with Asthma holding the largest share due to its prevalence and the increasing awareness of treatment options. Chronic Obstructive Pulmonary Disease (COPD) follows as a notable segment, reflecting a growing patient base driven by factors such as urban air pollution and smoking rates that contribute to respiratory issues. In recent years, the market has seen a shift towards innovative therapies and personalized medicine, particularly for COPD as it emerges as the fastest-growing segment. Factors driving this growth include an aging population, advances in inhalation technologies, and increased healthcare spending dedicated to chronic respiratory diseases. The transition towards more effective treatment regimens is expected to further boost market growth in these segments.

Asthma (Dominant) vs. Chronic Bronchitis (Emerging)

Asthma remains the dominant segment within the South Korea respiratory drugs market, characterized by a strong therapeutic pipeline and wide availability of inhalers and corticosteroids designed to manage this chronic condition. The high incidence of asthma among the youth population underscores the sustained demand for effective management solutions. Conversely, Chronic Bronchitis is emerging as a significant segment due to rising awareness and diagnosis rates. Though historically overshadowed by Asthma and COPD, its increasing prevalence, particularly among older adults, has prompted greater focus from pharmaceutical companies and healthcare providers. With ongoing research into targeted treatments, this segment is poised to experience notable growth in the coming years, tapping into the expanding respiratory care market.

By Route of Administration: Inhalation (Largest) vs. Parenteral (Fastest-Growing)

In the South Korea respiratory drugs market, the distribution of market share among the different routes of administration reveals inhalation as the dominant segment. This segment enjoys significant preference among healthcare professionals and patients due to its efficacy in delivering medications directly to the lungs, resulting in quicker therapeutic effects. Parenteral route follows as a less common choice, but it is rapidly gaining traction in the market. Enteral administration remains a minor player as compared to its counterparts. The growth trends within the route of administration segment are being influenced by several key factors. Advances in inhalation technologies, including nebulizers and inhalers, are enhancing patient compliance and outcomes. Meanwhile, the parenteral segment is experiencing a surge due to its effectiveness in delivering biologics and monoclonal antibodies for respiratory conditions. Furthermore, the increasing prevalence of respiratory diseases is driving demand across all routes, with inhalation establishing strong brand loyalty among users and medical practitioners.

Inhalation (Dominant) vs. Parenteral (Emerging)

Inhalation has emerged as the dominant route of administration in the South Korea respiratory drugs market, primarily due to its targeted drug delivery method that maximizes the therapeutic effect while minimizing systemic side effects. Devices like metered-dose inhalers and nebulizers have revolutionized patient management in respiratory disorders, fostering high adherence rates. On the other hand, the parenteral route represents an emerging trend characterized by its potential to deliver complex biologics that are often more effective for severe respiratory conditions. With innovations focused on improving safety, convenience, and efficacy, parenteral administration is quickly positioning itself as a viable alternative, especially in hospital settings where quick action is critical.

By Distribution Channel: Retail Pharmacies (Largest) vs. Online Pharmacies (Fastest-Growing)

In the South Korea respiratory drugs market, the distribution of market share is notably tilted towards retail pharmacies, which dominate the landscape due to their accessibility and established relationships with customers. Hospital pharmacies follow, providing crucial support in clinical settings, while online pharmacies are gaining traction among tech-savvy consumers seeking convenience and home delivery options. The growth trends suggest a shift towards online pharmacies, driven by the rising adoption of e-commerce and the need for contactless purchasing, especially post-pandemic. However, retail pharmacies remain key players, supported by strong consumer trust and comprehensive service offerings. As healthcare evolves, a hybrid model incorporating both established and emerging channels is likely to shape future market dynamics.

Retail Pharmacies (Dominant) vs. Online Pharmacies (Emerging)

Retail pharmacies are the dominant force in the South Korea respiratory drugs market, leveraging their extensive networks and customer loyalty to maintain a competitive edge. They stock a wide range of respiratory medications and provide personalized consultations, which enhances patient experiences. Conversely, online pharmacies are emerging as a significant player, appealing to younger consumers who prefer the convenience of digital shopping. They benefit from lower operational costs and a broad reach, allowing them to offer competitive pricing and home delivery services. The evolution of both segments highlights the importance of adapting to consumer preferences, with retail pharmacies focusing on service excellence while online platforms prioritize convenience.

Get more detailed insights about South Korea Respiratory Drugs Market

Key Players and Competitive Insights

The respiratory drugs market in South Korea is characterized by a dynamic competitive landscape, driven by increasing prevalence of respiratory diseases and a growing demand for innovative therapies. Major players such as Pfizer (US), Boehringer Ingelheim (DE), and AstraZeneca (GB) are actively engaged in enhancing their market presence through strategic initiatives. Pfizer (US) focuses on innovation, particularly in developing biologics and biosimilars, while Boehringer Ingelheim (DE) emphasizes partnerships to expand its portfolio in respiratory treatments. AstraZeneca (GB) is leveraging its strong research capabilities to introduce novel therapies, thereby shaping a competitive environment that prioritizes innovation and patient-centric solutions.

Key business tactics within this market include localizing manufacturing and optimizing supply chains to enhance efficiency and responsiveness. The competitive structure appears moderately fragmented, with several key players exerting influence over market dynamics. This fragmentation allows for a diverse range of products and therapeutic options, catering to varying patient needs and preferences.

In October 2025, Pfizer (US) announced a collaboration with a local biotech firm to develop a new inhalation device aimed at improving drug delivery for asthma patients. This strategic move is likely to enhance Pfizer's competitive edge by integrating advanced technology into its product offerings, thereby addressing a critical need in the market. The collaboration underscores the importance of local partnerships in driving innovation and meeting specific regional demands.

In September 2025, Boehringer Ingelheim (DE) launched a new digital health platform designed to support patients with chronic obstructive pulmonary disease (COPD). This initiative reflects a growing trend towards digitalization in healthcare, enabling better patient management and adherence to treatment regimens. By investing in digital health solutions, Boehringer Ingelheim positions itself as a leader in patient engagement, which is increasingly vital in the respiratory drugs market.

In August 2025, AstraZeneca (GB) expanded its manufacturing capabilities in South Korea, focusing on the production of biologics for respiratory diseases. This expansion not only enhances AstraZeneca's operational capacity but also aligns with the rising demand for biologic therapies in the region. The strategic investment indicates a commitment to meeting local market needs while reinforcing AstraZeneca's position as a key player in the respiratory sector.

As of November 2025, current competitive trends in the respiratory drugs market include a pronounced shift towards digitalization, sustainability, and the integration of artificial intelligence (AI) in drug development. Strategic alliances are increasingly shaping the landscape, fostering innovation and enhancing supply chain reliability. Moving forward, competitive differentiation is likely to evolve from traditional price-based competition to a focus on technological advancements and innovative solutions that address patient needs more effectively.

Key Companies in the South Korea Respiratory Drugs Market market include

Industry Developments

The South Korea Respiratory Drugs Market is experiencing significant developments, particularly with advancements in treatment options and the rising demand for effective respiratory therapies. Companies such as Yuhan Corporation and Samsung Bioepis are focusing on innovative drug formulations targeting respiratory conditions, which aligns with the increasing prevalence of asthma and COPD in the region. Merger and acquisition activity has been noted, with Daewoong Pharmaceutical acquiring a local biotech firm in June 2023 to enhance its research capabilities in respiratory treatments.

Additionally, the collaboration between Hanmi Pharmaceutical and MediBloc aims to leverage digital health technologies for better patient management in respiratory care, further enhancing the market landscape. Growth in market valuation has been significant, driven by an increased investment in RD and the introduction of biosimilars by Celltrion and SK Biopharmaceuticals, which are changing the competitive landscape and fostering healthier competition in the market. The overall market dynamics indicate a robust growth trajectory as healthcare investments prioritize respiratory disease management, ensuring that leading companies continue to expand their portfolios and strengthen their market positions in South Korea.

Future Outlook

South Korea Respiratory Drugs Market Future Outlook

The Respiratory Drugs Market in South Korea is projected to grow at a 6.3% CAGR from 2024 to 2035, driven by increasing prevalence of respiratory diseases and advancements in drug formulations.

New opportunities lie in:

  • Development of personalized inhalation therapies for chronic conditions.
  • Expansion of telehealth services for respiratory drug management.
  • Investment in AI-driven drug discovery platforms for faster development cycles.

By 2035, the respiratory drugs market is expected to achieve substantial growth and innovation.

Market Segmentation

South Korea Respiratory Drugs Market Drug Class Outlook

  • Short-Acting Beta2-Agonists (SABA)
  • Long-Acting Beta2-Agonists (LABA)
  • Inhaled Corticosteroids (ICS)
  • Anticholinergics
  • Antihistamines
  • Vasodilators
  • Combination Drugs
  • Others

South Korea Respiratory Drugs Market Disease Type Outlook

  • Asthma
  • Chronic Bronchitis
  • Chronic Obstructive Pulmonary Disease (COPD)
  • Pleural Effusion
  • Others

South Korea Respiratory Drugs Market Distribution Channel Outlook

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

South Korea Respiratory Drugs Market Route of Administration Outlook

  • Inhalation
  • Enteral
  • Parenteral

Report Scope

MARKET SIZE 2024 1431.0(USD Million)
MARKET SIZE 2025 1521.15(USD Million)
MARKET SIZE 2035 2803.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 6.3% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled Pfizer (US), Boehringer Ingelheim (DE), GlaxoSmithKline (GB), AstraZeneca (GB), Novartis (CH), Teva Pharmaceutical Industries (IL), Sanofi (FR), Merck & Co. (US), Roche (CH)
Segments Covered Drug Class, Disease Type, Route of Administration, Distribution Channel
Key Market Opportunities Emerging biologics and personalized therapies are reshaping the respiratory drugs market landscape.
Key Market Dynamics Rising demand for innovative respiratory therapies drives competition and regulatory adaptations in the respiratory drugs market.
Countries Covered South Korea

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FAQs

What is the expected market size of the South Korea Respiratory Drugs Market in 2024?

The South Korea Respiratory Drugs Market is expected to be valued at 1.19 USD billion in 2024.

What is the projected market value for the South Korea Respiratory Drugs Market by 2035?

By 2035, the South Korea Respiratory Drugs Market is anticipated to reach a value of 3.0 USD billion.

What is the compound annual growth rate (CAGR) for the South Korea Respiratory Drugs Market from 2025 to 2035?

The CAGR for the South Korea Respiratory Drugs Market from 2025 to 2035 is expected to be 8.752 percent.

Which drug class is projected to account for the largest market share in 2024?

In 2024, Inhaled Corticosteroids (ICS) is projected to be the largest segment of the market, valued at 0.35 USD billion.

What will the market value of Short-Acting Beta2-Agonists (SABA) be in 2035?

The market value of Short-Acting Beta2-Agonists (SABA) is expected to reach 0.45 USD billion by 2035.

Who are the key players in the South Korea Respiratory Drugs Market?

Major players in the market include Daewon Pharmaceutical, Yuhan Corporation, and Celltrion among others.

What is the estimated market value of Antihistamines in 2024?

In 2024, the market value for Antihistamines is estimated to be 0.21 USD billion.

How much is the Long-Acting Beta2-Agonists (LABA) market expected to grow by 2035?

The Long-Acting Beta2-Agonists (LABA) market is expected to grow to 0.7 USD billion by 2035.

What market growth opportunity exists for Anticholinergics from 2024 to 2035?

The Anticholinergics segment is projected to grow from 0.2 USD billion in 2024 to 0.55 USD billion in 2035.

What are the challenges to anticipate in the South Korea Respiratory Drugs Market?

Challenges may include regulatory hurdles and competition from emerging therapies in the respiratory drugs sector.

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