Bronchodilators Market Size was valued at USD 33.81 Billion in 2023. The Global Bronchodilators industry is projected to grow from USD 35.57 Billion in 2024 to USD 53.44 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.78% during the forecast period (2024 - 2032).
There has been a rise in the prevalence of COPD and asthma and a high level of technological improvement in bronchodilators in the past few years, which is fueling the global market growth. Also, as bronchodilators are used rigorously for all respiratory disorders, companies are investing in this market.
Increase in prevalence of pulmonary disorders Growing technological advancements. The rise in disposable income. Increasing geriatric population Growing government initiatives for creating awareness among the general population. Increasing mergers and acquisitions by prominent players in the market. For instance, in April 2019, Cipla Technologies entered into an agreement with Pulmatrix Inc. to co-develop a formulation for the treatment of allergic bronchopulmonary aspergillosis (ABPA) in patients with asthma. Growing funding by government organizations
Adrenergic drugs: Expected to hold the largest share, adrenergic drugs are the most potent bronchodilators approved for clinical use in asthma and obstructive lung disease. Adrenergic bronchodilators dilate bronchial airways by relaxing the muscles that surround the airways.
Anticholinergics: The "anticholinergic" effect of anticholinergic bronchodilators blocks the effect of cholinergic nerves, causing the muscles to relax and airways to dilate.
Phosphodiesterase Inhibitor: Phosphodiesterase inhibitors have long been recognized as being effective drugs for the treatment of asthma and chronic obstructive pulmonary disease (COPD). They possess both anti-inflammatory and bronchodilator activity in the same molecule.
Combination Drugs: These combination drugs are used if COPD and asthma are not controlled with monotherapy. These combinations involve two long-acting bronchodilators with differing modes of action.
Asthma: Bronchodilators help in relieving asthma by relaxing the muscle bands that tighten around the airways due to which the breathing improves. Bronchodilators also help clear mucus from the lungs. The large market share for asthma is owing to the rising number of patients affected with asthma around the globe.
COPD: Bronchodilators are the primary treatment for chronic obstructive pulmonary disease (COPD) as they help to alleviate bronchial obstruction and airflow limitation, reduce hyperinflation, and improve emptying of the lung and exercise performance. Due to these reasons, inhaled bronchodilators are the mainstay of the current management of all stages of COPD.
Others: The other segment includes other respiratory disorders and allergic reactions that cause breathing difficulty.
Short-Acting Bronchodilators: This is expected to be the largest segment, owing to its ability to provide quick relief from sudden, unexpected attacks of breathlessness and can be used on a daily basis.
Long-Acting Bronchodilators: These type of bronchodilators helps in controlling the symptoms of asthma by opening the air passage. A major disadvantage of long-acting bronchodilators is that it increases the risk of asthma death. Hence, it should be used only as an added treatment for individuals or patients who use corticosteroids.
Oral: Oral route of administration offers advantages such as ease and simplicity of administration along with control of the delivered dose.
Parenteral: This route of administration includes subcutaneous, intramuscular, and intravenous routes. The advantages of this route of administration include the complete bioavailability of the drug and rapid onset of action. However, there are certain disadvantages such as patient discomfort, the need for sterile conditions, and potential risks to health care practitioners from blood-borne pathogens.
Americas: It is the largest regional market due to rising cases of asthma, increased awareness levels regarding treatment options, and the rising adoption of inhaled therapeutics.
Europe: The growing presence of the developed pharmaceutical industry and the significant demand for asthma-related therapeutics is driving the growth of the bronchodilators market in the Europe region. Additionally, rising cases of COPD and asthma is driving the market growth. An estimated 1.2 million people are living with diagnosed COPD, according to the British Lung Foundation. Moreover, around 2% of the whole population and 4.5% of all people aged over 40 live with diagnosed COPD in the UK.
Asia-Pacific: The Asia-Pacific region is anticipated to be the fastest-growing region in the global bronchodilators market. This region is seeing a surge in the number of people who have asthma and other respiratory disorders.
Middle East & Africa: The smallest market due to limited healthcare infrastructure and limited exposure to technological advancements.
The increasing initiatives by public and private companies boost market growth. The growing number of clearances and product launches by key players in the market are likely to act as a promising factor for growth in the near future.
| Report Attribute/Metric | Details |
| Market Size 2023 | 33.81 (USD Billion) |
| Market Size 2024 | 35.57 (USD Billion) |
| Market Size 2032 | 53.44 (USD Billion) |
| Compound Annual Growth Rate (CAGR) | 5.78 % (2024 - 2032) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year | 2023 |
| Market Forecast Period | 2024 - 2032 |
| Historical Data | 2019 - 2023 |
| Â Â Geographies Covered | Â Â North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
| Â Â Key Vendors | Â Â GlaxoSmithKline (UK), Novartis AG (Switzerland), Merck & Co., Inc. (US), Abbott Laboratories (US), Boehringer Ingelheim GmbH (Germany), AstraZeneca plc (UK), Hoffmann LA-Roche AG (Switzerland), Teva Pharmaceutical (Israel), Pfizer Inc. (US) |
| Â Â Key Market Opportunities | Â Â Growing technological advancements and Growing funding by government organizations |
| Â Â Key Market Drivers | Increase in prevalence of pulmonary disorders, The rise in disposable income and Increasing geriatric population |
Bronchodilators Market Highlights:
Frequently Asked Questions (FAQ) :
The valuation of the global Bronchodilators market is estimated to reach USD 53.44 Billion during the forecast period.
The global Bronchodilators market is projected to grow at approximately 5.78% CAGR during the forecast period.
The rise in disposable income Increasing geriatric population
North America holds the largest share in the global Bronchodilators market, followed by Europe and the Asia Pacific, respectively.
Novartis AG (Switzerland), GlaxoSmithKline (UK), Merck & Co., Inc. (US), Boehringer Ingelheim GmbH (Germany), Abbott Laboratories (US), AstraZeneca plc (UK), Teva Pharmaceutical (Israel), Hoffmann LA-Roche AG (Switzerland), and Pfizer Inc. (US), are some of the major players operating in the Bronchodilators market.
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Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
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