Bronchodilators Market Analysis, Size, Business Growth, Trends by 2023

by vinit on Jun 3, 2021 Sports & Recreation 295 Views

Market Highlights

Bronchodilators are medications that make breathing easier by opening the airways of the lung by relaxing bronchial muscles. They are used to treat various respiratory problems such as asthma, COPD, and other allergic reactions that cause breathing problems.

The growth of the global bronchodilators market is driven by various factors such as increase in prevalence of pulmonary disorders, increasing geriatric population and increasing mergers and acquisitions by prominent players in the market. However, side effects associated with bronchodilators and government regulations related to the safety & efficacy of the bronchodilators are projected to hamper the growth of the global bronchodilators market.

The global bronchodilators market is currently dominated by several market players. The key players are involved in product launches and strategic collaborations to strengthen their market positions. For instance, in April 2019, Cipla Technologies entered into agreement with Pulmatrix Inc. to co-develop a formulation for the treatment of allergic bronchopulmonary aspergillosis (ABPA) in patients with asthma.

According to MRFR analysis, Bronchodilators Market is expected to register a CAGR of 5.30% during the forecast period of 2019 to 2025 and is expected to reach USD 2,484 Million by 2025.

Key Players

Some of the key players in the Global Bronchodilators Market are GlaxoSmithKline (UK), Novartis AG (Switzerland), Merck & Co., Inc. (US), Abbott Laboratories (US), Boehringer Ingelheim GmbH (Germany), AstraZeneca plc (UK), F. Hoffmann LA-Roche AG (Switzerland), Teva Pharmaceutical (Israel) and Pfizer Inc. (US) among others.

Regional Analysis

The market has been divided, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas are expected to be the largest market owing to the rising per capita healthcare expenditure. The bronchodilators market in the Americas has further been branched into North America and Latin America, with the North American market divided into the US and Canada. The European bronchodilators market has been categorized as Western Europe and Eastern Europe. The Western European market has further been classified as Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The bronchodilators market in Asia-Pacific has been segmented into Japan, China, India, South Korea, Australia, and the rest of Asia-Pacific. Due to the increasing prevalence of respiratory disorders and the increasing pool of patient population, the market in Asia-Pacific is expected to be the fastest-growing. The bronchodilators market in the Middle East & Africa has been divided into the Middle East and Africa.

 

Article source: https://article-realm.com/article/Sports-Recreation/12682-Bronchodilators-Market-Analysis-Size-Business-Growth-Trends-by-2023.html

Reviews

Guest

Overall Rating:

Comments

No comments have been left here yet. Be the first who will do it.
Safety

captchaPlease input letters you see on the image.
Click on image to redraw.

Statistics

Members
Members: 13874
Publishing
Articles: 58,269
Categories: 202
Online
Active Users: 718
Members: 10
Guests: 708
Bots: 5667
Visits last 24h (live): 2604
Visits last 24h (bots): 16282

Latest Comments

Thank you! I'm glad you found the quote valuable. <a href="https://dahlcore.com/armed-security-guard">Armed Security New York</a>        
 Apartments are the affordable choice to lead a stress-free life with your family and friends. color blind test
What are your thoughts on the attractiveness of the way connections game appears?
Translation services in Dubai have become essential for businesses looking to expand their reach globally. With the diverse population and international business community in Dubai, the need for...
on Mar 23, 2024 about Interpreters in Dubai
<a href="https://rummystar.io/">rummystar</a> <br>  
on Mar 23, 2024 View Subject