Asthma and COPD Drug Market Overview
Global asthma and COPD drug market growth is driven by the increase in the incidence and prevalence of asthma and COPD, technological advancements, and a growing geriatric population. Asthma is a non-communicable, chronic inflammatory lung disorder of the airways. Airways hyper-responsiveness leads to recurrent episodes of wheezing, breathlessness, chest tightness, and cough. Chronic obstructive pulmonary disease (COPD) is characterized by airflow limitation that is not fully reversible.
Asthma and COPD Drug Market Dynamics
The asthma and COPD drug market is growing rapidly, driven by the development of new and innovative drugs, such as itepekimab, and the increasing prevalence of these diseases. However, the market faces some challenges, including strict government regulations and side effects associated with drugs.
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Technological advancements are anticipated to drive the growth of the market in the forecast period. Limitations of traditional treatments, such as the late onset of action and low efficacy, are projected to encourage the development of novel targeted drugs, thereby driving the market.
Asthma and COPD Drug Market Segment Analysis
By Diseases
- Asthma
- COPD
By Spectrum
- Combination Drugs
- Inhaled Corticosteroids (ICS)
- Short-Acting Beta Agonists (SABA)
- Long-Acting Beta Agonists (LABA)
- Leukotriene Antagonists (LTA)
- Anticholinergics
- Others
By Distribution Channel
- Online Pharmacy
- Retail Pharmacy
- Others
- Hospital Pharmacy
By Region
- North America
- South America
- Europe
- Asia Pacific
- Middle East and Africa
Major Companies Covered
AstraZeneca PLC, Boehringer Ingelheim GmbH, GlaxoSmithKline PLC, Novartis AG, Hoffmann-La Roche Ltd, Pfizer Inc., Grifols SA, Merck & Co. Inc., Sanofi SA, Sumitomo Dainippon Pharma Co. Ltd
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