Bronchodilators Market: Current Analysis and Forecast (2021-2027)

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Emphasis on Indication (Asthma, Chronic Obstructive Pulmonary Disease (COPD), Others); Drug Type (Beta-Adrenergic Bronchodilators, Anticholinergic Bronchodilators, Phosphodiesterase Inhibitor, Combination Drugs, Others); Route of Administration (Oral, Injection, Inhaler) and Region/Country

Pages:

140

Table:

38

Figure:

96

Report ID:

UMHE211564

Geography:

Clear
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Report Description
Table of content
Research Methodology

Report Description

Bronchodilators Market 2
Bronchodilators Market 2

Global Bronchodilators market is expected to register a CAGR of around ~5% over the period of 2021-2027. Bronchodilators are drugs that open up (dilate) the breathing passages by relaxing the bronchial smooth muscle. They make breathing easier for people with asthma or other lung conditions. Thus, the increase in the number of patients with respiratory disorders, and the treatment of various diseases such as asthma, chronic obstructive pulmonary disease, and others. The geriatric population is more vulnerable to respiratory disorders such as chronic obstructive pulmonary disease (COPD) and asthma. For instance, as per the data published by the Centers for Disease Control and Prevention (CDC), in 2019, around 4,069,278 Americans aged above 65 years were living with asthma. Since bronchodilators play a vital role in maintaining optimal airflow within the lungs of these patients, this is likely to boost the demand for bronchodilators in near future. Moreover, the development of advanced bronchodilators by major companies and the diagnostics industry owing to the presence of well-established market players and frequent product launches in the region. For instance, in July 2020, EVA Pharma launched ‘Inhalex’, the first Egyptian medication for COPD with a 24-hour lasting effect. This product launch is projected to reduce the cost of the treatment of COPD patients to half. 

Abbott Laboratories, AstraZeneca plc., Boehringer Ingelheim International GmbH, GlaxoSmithKline Plc., F. Hoffmann-La Roche Ltd., Novartis AG., Pfizer Inc., SANOFI, Teva Pharmaceutical Industries Ltd., Vectura Group Plc are some of the key players in the market. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report

“Amongst indication, asthma category is expected to witness the highest CAGR during the forecast period”

Based on indication, the market is categorized into asthma, chronic obstructive pulmonary disease (COPD), and others. Among these, asthma is expected to witness the highest CAGR during the forecast period owing to the rising prevalence of asthma worldwide. For instance, as per World Health Organization (WHO) data, asthma affected around 262 million people in 2019 and triggered 461,000 deaths worldwide. In addition, the increase in the prevalence of pulmonary disorders is increasing the growth of the bronchodilators market.

“Amongst the drug type, anticholinergics bronchodilators are expected to highest CAGR during the forecast period”

Based on drug type, the market is categorized into beta-adrenergic bronchodilators, anticholinergic bronchodilators, phosphodiesterase inhibitors, combination drugs, and others. Among these, the anticholinergic bronchodilators are expected to witness the highest CAGR during the forecast period as it is available in both long-acting and short-acting forms. Anticholinergics act by inhibiting the effect of acetylcholine on airways and nasal passages. It is widely used to treat chronic obstructive pulmonary disease. According to, institute for Health Metrics and Evaluation (IHME), Chronic respiratory diseases were responsible for 71.1 million YLLs and 32.4 million YLDs in 2019. Chronic obstructive pulmonary disease (COPD) and asthma were the two largest contributors to the global respiratory disease burden.

“North America to significant share during the forecast period”

North America accounted for a prominent share of the global bronchodilators market and is expected to grow at a significant growth rate during the forecast period owing to the quick adoption of bronchodilators technologies along with the high incidence of COPD and asthma cases. The United States Environmental Protection Agency and the National Health Interview Surveys (NHIS), in April 2021, estimated that almost 25.1 million people, comprising 5.1 million children, have asthma in the country. In addition, Major healthcare companies are investing heavily in their products due to rising social awareness among healthcare industry experts, medical professionals, and patients about the benefits that bronchodilators have to prompt the regulatory authorities to consider and authorize the bronchodilators.

Reasons to buy this report:

  • The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
  • The report presents a quick review of overall industry performance at one glance.
  • The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolio, expansion strategies, and recent developments.
  • Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
  • The study comprehensively covers the market across different segments.
  • Deep dive regional level analysis of the industry.

Customization Options:

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1.1.Market Definitions
1.2.Limitation
1.3.Stakeholders
1.4.Currency used in Report

 

2.1.Research Process of the Bronchodilators Market
2.2.Research Methodology of the Bronchodilators Market
2.3.Forecasting Method
2.4.Respondent Profile
2.5.Main Objective of the Bronchodilators Market Study

 

3MARKET SYNOPSIS

 

4EXECUTIVE SUMMARY

 

5GLOBAL BRONCHODILATORS MARKET COVID-19 IMPACT

 

6GLOBAL BRONCHODILATORS MARKET REVENUE (USD BN), 2019-2027F

 

7.1.Asthma 
7.2.Chronic obstructive pulmonary disease (COPD)
7.3.Others 

 

8.1.Beta-Adrenergic Bronchodilators
8.2.Anticholinergic Bronchodilators
8.3.Phosphodiesterase Inhibitor
8.4.Combination Drugs 
8.5.Others  

 

9.1.Oral 
9.2.Injection 
9.3.Inhaler  

 

10.1.North America
10.1.1.U.S. 
10.1.2.Canada 
10.1.3.Rest of North America 
10.2.Europe 
10.2.1.Germany 
10.2.2.UK 
10.2.3.France 
10.2.4.Italy 
10.2.5.Spain 
10.2.6.Rest of Europe
10.3.Asia-Pacific
10.3.1.China 
10.3.2.Japan 
10.3.3.India 
10.3.4.Australia 
10.3.5.Rest of Asia-Pacific
10.4.Rest of World

 

11.1.Market Drivers
11.2.Market Challenges
11.3.Impact Analysis

 

12BRONCHODILATORS MARKET OPPORTUNITIES

 

13BRONCHODILATORS MARKET TRENDS

 

14POLICY & REGULATORY FRAMEWORK

 

15.1.Demand Side Analysis
15.2.Supply Side Analysis

 

16VALUE CHAIN ANALYSIS

 

17.1.Competitive Landscape
17.1.1.Porter’s Five Forces Analysis 
18.1.Abbott Laboratories
18.2.AstraZeneca plc.
18.3.Boehringer Ingelheim International GmbH
18.4.GlaxoSmithKline Plc.
18.5.F. Hoffmann-La Roche Ltd.
18.6.Novartis AG.
18.7.Pfizer Inc. 
18.8.SANOFI 
18.9.Teva Pharmaceutical Industries Ltd.
18.10.Vectura Group Plc.
19DISCLAIMER

Research Methodology

Research Methodology for the Global Bronchodilators Market Analysis (2021-2027)

Analyzing the historical market, estimation of the current market, and forecasting the future market of the global bronchodilators market were the three major steps undertaken to create and analyze the adoption of bronchodilators in major regions globally. Exhaustive secondary research was conducted to collect the historical market numbers and estimate the current market size. Secondly, to validate these insights, numerous findings and assumptions were taken into consideration. Moreover, exhaustive primary interviews were also conducted, with industry experts across the value chain of the global bronchodilators market. Post assumption and validation of market numbers through primary interviews, we employed a top-down/bottom-up approach to forecasting the complete market size. Thereafter, market breakdown and data triangulation methods were adopted to estimate and analyze the market size of segments and sub-segments of the industry pertains to. Detailed methodology is explained below:

Analysis of Historical Market Size

Step 1: In-Depth Study of Secondary Sources:

Detail secondary study was conducted to obtain the historical market size of the bronchodilators market through company internal sources such as annual reports & financial statements, performance presentations, press releases, etc., and external sources including journals, news & articles, government publications, competitor publications, sector reports, third-party database, and other credible publications.

Step 2: Market Segmentation:

After obtaining the historical market size of the Bronchodilators market, we conducted a detailed secondary analysis to gather historical market insights and share for different segments & sub-segments for major regions. Major segments are included in the report as an indication, drug type, route of administration, and region. Further country-level analyses were conducted to evaluate the overall adoption of testing models in that region.

Step 3: Factor Analysis:

After acquiring the historical market size of different segments and sub-segments, we conducted a detailed factor analysis to estimate the current market size of the bronchodilators market. Further, we conducted factor analysis using dependent and independent variables such as the indication, drug type, route of administration, and region of bronchodilators. A thorough analysis was conducted for demand and supply-side scenarios considering top partnerships, mergers and acquisitions, business expansion, and product launches in the bronchodilators market sector across the globe.

Current Market Size Estimate & Forecast

Current Market Sizing: Based on actionable insights from the above 3 steps, we arrived at the current market size, key players in the global Bronchodilators market, and market shares of the segments. All the required percentage shares split, and market breakdowns were determined using the above-mentioned secondary approach and were verified through primary interviews.

Estimation & Forecasting: For market estimation and forecast, weights were assigned to different factors including drivers & trends, restraints, and opportunities available for the stakeholders. After analyzing these factors, relevant forecasting techniques i.e., top-down/bottom-up approach were applied to arrive at the market forecast about 2027 for different segments and sub-segments across the major markets globally. The research methodology adopted to estimate the market size encompasses:

  • The industry’s market size, in terms of revenue (USD) and the adoption rate of the bronchodilators market across the major markets domestically
  • All percentage shares, splits, and breakdowns of market segments and sub-segments
  • Key players in the global bronchodilators market in terms of solutions offered. Also, the growth strategies adopted by these players to compete in the fast-growing market

Market Size and Share Validation

Primary Research: In-depth interviews were conducted with the Key Opinion Leaders (KOLs) including Top Level Executives (CXO/VPs, Sales Head, Marketing Head, Operational Head, Regional Head, Country Head, etc.) across major regions. Primary research findings were then summarized, and statistical analysis was performed to prove the stated hypothesis. Inputs from primary research were consolidated with secondary findings, hence turning information into actionable insights.

Split of Primary Participants in Different Regions

Bronchodilators Market 1
Bronchodilators Market 1

Market Engineering

Data triangulation technique was employed to complete the overall market estimation and to arrive at precise statistical numbers for each segment and sub-segment of the global bronchodilators market. Data was split into several segments & sub-segments post studying various parameters and trends in the areas of indication, drug type, route of administration, and region, and region in the global bronchodilators market.

The main objective of the Global Bronchodilators Market Study

The current & future market trends of the global bronchodilators market were pinpointed in the study. Investors can gain strategic insights to base their discretion for investments on the qualitative and quantitative analysis performed in the study. Current and future market trends determined the overall attractiveness of the market at a regional level, providing a platform for the industrial participant to exploit the untapped market to benefit from a first-mover advantage. Other quantitative goals of the studies include:

  • Analyze the current and forecast market size of the bronchodilators market in terms of value (USD). Also, analyze the current and forecast market size of different segments and sub-segments
  • Segments in the study include areas of indication, drug type, route of administration, and region.
  • Define and analysis of the regulatory framework for the bronchodilators market industry.
  • Analyze the value chain involved with the presence of various intermediaries, along with analyzing customer and competitor behaviors of the industry.
  • Analyze the current and forecast market size of the bronchodilators market for the major region.
  • Major countries of regions studied in the report include North America, Europe, Asia Pacific, and Rest of the world.
  • Company profiles of the bronchodilators market and the growth strategies adopted by the market players to sustain in the fast-growing market
  • Deep dive regional level analysis of the industry

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