Respiratory Drugs Market by Type and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 137
  • SKU: IRTNTR73197

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Respiratory Drugs market growth will increase by $26.95 billion during 2022-2026.
The respiratory drugs market is expected to grow at a CAGR of 5.96% during 2022-2026.
Technavio has segmented the respiratory drugs market by type (Asthma, COPD, Allergic rhinitis, and Cystic fibrosis) and geographic (North America, Europe, Asia, and Rest of World (ROW)).
Abbott Laboratories, AbbVie Inc., Aerogen Pharma Ltd., AstraZeneca Plc, Aurobindo Pharma Ltd., Boehringer Ingelheim International GmbH, Celon Pharma SA, Cipla Ltd., F. Hoffmann La Roche Ltd., GlaxoSmithKline Plc, Glenmark Pharmaceuticals Ltd., Laboratory Corp. of America Holdings, Lupin Ltd., Medisol Lifescience Pvt. Ltd., Merck and Co. Inc., Novartis AG, Sumitomo Pharma Co. Ltd., Teva Pharmaceutical Industries Ltd., Vertex Pharmaceuticals Inc., Wellona Pharma are a few of the key vendors in the respiratory drugs market.
North America will register the highest growth rate of 49.87% among the other regions. Therefore, the respiratory drugs market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the respiratory drugs market growth are:
  • Need for sustainable and safe respiratory drugs
  • High cost of respiratory disease management
The respiratory drugs market vendors should focus on grabbing business opportunities from the Asthma segment as it accounted for the largest market share in the base year.
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