Top Growth Trends in the Asthma Drugs Market: Insights into Market Size and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Are the Primary Drivers Supporting the Market Growth of theAsthma Drugs Market?
The increasing incidence of asthma-related disorders is anticipated to boost the asthma drug industry’s expansion. Asthma is a chronic condition characterized by inflammation and swelling of the respiratory tract, causing airways to constrict, restricting air passage from the nose and mouth to the lungs. The rise in asthma incidents has triggered a wave of new asthma drugs being discovered to manage these health issues. For example, in April 2024, Asthma + Lung UK, a charity based in England that aids individuals with lung diseases, reported that in 2021, there were 1,146 asthma-related deaths in England. Unfortunately, this number rose to 1,236 in 2022, demonstrating a worrying increase in deaths linked with the disease over the year.
Get Your Free Sample Report Now – Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=11924&type=smp
#What is the Projected CAGR for the Asthma Drugs Market Size from 2025 to 2034?
Over the past few years, there has been a robust expansion in the asthma drugs market. This market is projected to escalate from a value of $23.96 billion in 2024 to reach $25.17 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.0%. The significant growth during the previous periods is due to environmental aspects, a rise in respiratory disorders, changes in lifestyles, and the development of healthcare infrastructure.
Anticipations for a solid upward trend in the asthma drugs market are high, as it is projected to reach a value of $31.98 billion in 2029 marking a compound annual growth rate (CAGR) of 6.2%. This escalated expansion during the forecast period is primarily ascribed to the increasing air pollution levels, growing elderly population, raised healthcare awareness, emerging trends of personalized medicine, and groundbreaking progress in biopharmaceuticals. The prominent and pivotal trends predicted for this period comprise therapies involving small molecules, home-centric asthma treatments, therapies guided by biomarkers, novel therapeutic advancements for severe asthma, and cooperative asthma researches.
You can Directly Purchase the Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=11924
What Are the Latest Innovations Influencing theAsthma Drugs Market?
Leading companies in the asthma drugs market are concentrating on developing innovative solutions like fixed-dose combination (FDC) drugs to improve treatment effectiveness and patient compliance. A fixed-dose combination (FDC) drug is a single-dosage medication that is comprised of two or more active components, such as a capsule, tablet, or inhaler. For example, Glenmark Pharmaceuticals, a company based in India, introduced Indamet, an FDC drug for individuals with uncontrolled asthma, in June 2022. This groundbreaking treatment combines Indacaterol, which is a long-term beta-agonist, and Mometasone Furoate, which is an inhaled corticosteroid, and it is available in a variety of strengths, including Indacaterol 150 mcg paired with Mometasone at 80 mcg, 160 mcg, and 320 mcg. Indamet is intended for once-daily usage and targets adolescents and adults who are 12 years of age and older.
Who Are the Major Industry Players Accelerating Growth in theAsthma Drugs Market?
Major companies operating in the asthma drugs market include Pfizer Inc., Roche Holding AG, Merck & Co. Inc., Bayer AG, Sanofi S.A., AstraZeneca PLC., GlaxoSmithKline PLC., Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd., Novartis International AG, Mylan N.V., Cipla Limited, Chiesi Farmaceutici S.p.A., Sun Pharmaceutical Industries Limited, Hikma Pharmaceuticals, Mundipharma International Limited, Lupin Limited, Glenmark Pharmaceuticals Limited, Hetero Drugs Limited, Alembic Pharmaceuticals Limited, Sunovion Pharmaceuticals Inc., Amphastar Pharmaceuticals Inc., Beximco Pharmaceuticals Ltd, Innoviva Inc., Vectura Group, Circassia Group PLC, Pulmatrix Inc., Atopix Therapeutics Limited
Order Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/asthma-drugs-global-market-report
Which Primary Segments of the Asthma Drugs Market Are Driving Growth and Industry Transformations?
The asthma drugs market covered in this report is segmented –
1) By Type Of Asthma: Allergic, Non-Allergic
2) By Asthma Trigger Type: Adult-Onset Asthma, Child-Onset Asthma, Cough-Induced Asthma, Exercise-Induced Asthma, Occupational Asthma, Nocturnal Asthma, Steroid-Resistant Asthma
3) By Therapy: Preventive, Curative
4) By Drug Class: Bronchodilators, Monoclonal Antibodies, Anti-Inflammatory Drugs, Combination Drugs
5) By End-User: Asthma Patients, COPD Patients
Subsegments:
1) By Allergic: Inhaled Corticosteroids (ICS), Leukotriene Receptor Antagonists (LTRAs), Monoclonal Antibodies
2) By Non-Allergic: Short-Acting Beta Agonists (SABAs), Long-Acting Beta Agonists (LABAs), Oral Corticosteroids
Gain Exclusive Market Insights—Customize Your Research Report Today for Fast Delivery!
https://www.thebusinessresearchcompany.com/customise?id=11924&type=smp
Which Regions Are Key Players in the Growth of the #What Are the Primary Drivers Supporting the Market Growth of theAsthma Drugs Market?# Market?
North America was the largest region in the asthma drugs market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the asthma drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Browse Through More Reports Similar to the Gobal Asthma Drugs Maret 2025, By The Business Research Company:
Drug Delivery Devices Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/drug-delivery-devices-global-market-report
Delivery Drones Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/delivery-drones-global-market-report
Drugs For Erectile Dysfunction Global Market Report 2024
About The Business Research Company:
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead in the game.
Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at [email protected]
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on:
