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Bronchodilator Drugs - APAC

APAC
  • Revenue in the Bronchodilator Drugs market is projected to reach US$6.17bn in 2024.
  • Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 4.18%, resulting in a market volume of US$7.27bn by 2028.
  • In global comparison, most revenue will be generated United States (US$17.34bn in 2024).

Definition:
Bronchodilator drugs help to dilate the airways, thus making air flow easier. They are mainly used in the treatment of asthma and chronic obstructive pulmonary disease (COPD). Bronchodilators may be applied in an acute therapy, leading to a fast and short-term relief of symptoms. Other types of bronchodilators are used for maintenance therapy in long-term treatment. Different categories of bronchodilators include beta two adrenergic agonists, anticholingergics, and theophylline.

Additional information:
Market values represent the revenues generated by manufacture prices paid to primary vendors, either directly or through distribution channels (excluding VAT). Reported market revenues include spending by consumers (B2C), companies (B2B), and governments (B2G).

Company examples: GlaxoSmithKline, AstraZeneca, Boehringer Ingelheim

In-Scope

  • Short-term and long-term bronchodilators
  • Treatment of asthma and COPD
  • Mode of administration: mainly inhalation powder (aerosolized or dry), but also nebulizers, intravenous administration, and oral intake
  • Bronchodilator combinations, e.g., several bronchodilators or a bronchodilator with a corticosteroid

Out-Of-Scope

  • Other drugs to treat asthma or COPD
  • Smoking cessation products
  • Alternative medicine
Bronchodilator Drugs: market data & analysis - Cover

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Bronchodilator Drugs: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Bronchodilator Drugs market includes a rather high share of generics and OTC drugs which are relatively low-priced compared to drugs in other markets. On the other hand, the number of patients is higher for bronchodilators than for most more expensive drugs. With fewer patients seeking treatment because of the COVID-19 pandemic, the market size slightly decreased in 2020. For the coming years, moderate growth is expected.

    Global Comparison

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Methodology

    Data coverage:

    Data encompasses B2B, B2G, and B2C spend. Figures are based on drug revenues allocated to the country where the money is spent. Monetary values are given at manufacturer price level excluding VAT.

    Modeling approach / Market size:

    Market sizes are determined by a top-down approach, based on a specific rationale for each market. As a basis for evaluating markets, we use financial information of the key players by market. Next, we use relevant key market indicators and data from country-specific associations, such as industry associations. This data helps us estimate the market size for each country individually.

    Forecasts:

    In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods. The main driver is healthcare expenditure. Expiring patents and new drugs in the pipeline are also considered.

    Additional notes:

    Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level. This market comprises prescription drugs and all OTC drugs covered in the Statista OTC Pharmaceuticals market. However, in the OTC Pharmaceuticals market, revenues are based on end-consumer prices.

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