Asthma and COPD Drug Market Expected to Reach USD 26,965.5 Million Globally in 2017: Transparency Market Research

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• Publié par: transparency-market-research
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• Langue: English

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Asthma and COPD Drug Market Expected to

Reach USD 26,965.5 Million Globally in 2017:

Transparency Market Research

PR Newswire

ALBANY, New York, June 18, 2012

ALBANY, New York

,

June 18, 2012

/PRNewswire/ --

According to a new market report published by Transparency Market Research

(http://www.transparencymarketresearch.com) "

Asthma and COPD Drug

Market - Global Industry Analysis, Market Size, Share, Trends, Growth

and Forecasts, 2010 - 2017

", the global asthma and COPD market was

worth

USD 25,102.3 million

in 2010, which is expected to reach

USD 26,965.5

million

in 2017 with a CAGR of 1.03% over the forecasted period (2010 - 2017).

Asthma drug segment dominated the overall asthma and COPD market at

USD

14,509.1 million

in 2010. The COPD segment was estimated to be worth

USD

10,593.2 million

in 2010, which is expected to reach

USD 12,619.8 million

in

2017.

Browse the full report

athttp://www.transparencymarketresearch.com/asthma-and-copd-

market.html

In the next five years, the global asthma and COPD drug market is expected to

grow slowly, primarily because of expiry of patents of leading drug brands and

price erosion in the market. However, by 2017, few novel drugs are expected

to enter the asthma and COPD market, which will drive future growth. The

existing asthma and COPD market is mainly driven by increasing patient

population. The other factors that will drive the market include long term use of

asthma and COPD drugs, increase in disposable income and improved access

to medical care facilities in emerging economies.

The asthma market is witnessing intense competition due to the increased

entry of inhaled corticosteroids, combinational therapies, and beta-agonists. It

is expected that Advair, Symbicort and Singulair would be the leading drugs of

the global asthma and COPD market, while Merck, GlaxoSmithKline, and

AstraZeneca will continue to be the market leaders till the patents on their

drugs expire in the coming years.

The opportunities in the asthma and COPD market is huge as many companies

are focusing on contract manufacturing outsourcing (CMO) and large players

have entered this market with new product development. Increase in

awareness about the benefits of timely diagnosis for asthma and COPD and

availability of healthcare equipment for the detection of asthma and COPD in

rural areas will further boost the market and growth opportunities for market

players.

In

China

, growth in urbanization and change in lifestyle has projected sharp

increase in occurrence of asthma in the recent years. The occurrence of

asthma symptoms is higher in urban areas as compared to rural areas. Air

pollution and smoking are the most important factors which have led to the

rapid increase in asthma and COPD patients in

China

.

The report presents detailed analysis and forecast for the global asthma and

COPD market based on the following segmentation:

Product Types

Bronchodilators

Short Acting Bronchodilators

Long Acting Bronchodilators

Anticholinergics

Anti-Inflammatories

Inhaled Corticosteroids

Anti-Leukotriene

Monoclonal Antibodies

Combination Therapies

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sources and various tools and techniques to gather, and analyze information.

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experts, so that it always reflects the latest trends and information. With a

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