Global Pulmonary Drugs Market to Surpass US$ 77.31 Billion by 2030 - Coherent Market Insights

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Jul 15, 2022, 14:30 ET

SEATTLE, July 15, 2022 /PRNewswire/ -- According to Coherent Market Insights, the global pulmonary drugs market is estimated to be valued at US$ 41.32 billion in 2022 and is expected to exhibit a CAGR of 8.1% during the forecast period (2022-2030).

Key Trends and Analysis of the Global Pulmonary Drugs Market:

Major players operating in market are focusing on adopting inorganic strategies such as acquisition for developing pulmonary drugs. For instance, in November 2021, Sanofi S.A., a Pharmaceutical Company, announced the completion of its acquisition of Kadmon Holdings, Inc. The acquisition further strengthens growth and expansion for the General Medicines portfolio of Sanofi for pulmonary drugs. Sanofi completed its acquisition of Kadmon through the merger of a wholly owned subsidiary of Sanofi with and into Kadmon, pursuant to Section 251 of the General Corporation Law of the State of Delaware, with Kadmon continuing as the surviving corporation and becoming an indirect, wholly owned subsidiary of Sanofi.

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Key Market Takeaways:

Global pulmonary drugs market is expected to exhibit a CAGR of 8.1% during the forecast period due to the increasing prevalence of chronic obstructive pulmonary diseases and other respiratory diseases across the world, which is one of the leading causes of death and disability. Thus, the prevention, treatment, and control of these diseases is one of the top priorities for governments of countries and players in the healthcare sector. According to the World Health Organization, 2017, Chronic Obstructive Pulmonary Diseases (COPD) was responsible for about 5% of the total deaths worldwide in 2015. Furthermore, according to the Office of Disease Prevention and Health Promotion 2014, 25 million patients in the U.S. had asthma that led to an estimated annual expenditure for asthma turning around to US$ 20.7 billion. Moreover, in January 2020, estimated that the global prevalence of COPD was 10·3% in 2019, accounting for 391·9 million cases among people aged 30–79 years, on the basis of the GOLD definition, and 7·6%, accounting for 292·0 million cases.

Among applications, asthma and Chronic Obstructive Pulmonary Disease (COPD) segment holds a dominant position in the pulmonary drugs market, owing to the rising incidence of the condition worldwide.

Key players operating in the global pulmonary drugs market include Sanofi SA, Meda Pharmaceuticals, Circassia Pharmaceuticals Plc., AstraZenca Plc., GlaxoSmithKline Plc., Mallinckrodt Pharmaceuticals Plc., Cheisi farmaceutici S.p.A., Zambon Company S.p.A., Alaxia SAS, and Merck Sharp & Dohme Limited.

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Detailed Segmentation:

Global Pulmonary Drugs Market, By Drug Class:

Inhaled Corticosteroids
Long Acting Beta-2 Agonists
Antihistamines
Vasodilators
Short Acting Beta-2 Agonists
Others

Global Pulmonary Drugs Market, By Application:

Asthma & COPD
Allergic Rhinitis
Pulmonary Arterial Hypertension
Cystic Fibrosis
Others

Global Pulmonary Drugs Market, By Distribution Channel:

Hospital Pharmacies
Retail Pharmacies
E-Commerce

Global Pulmonary Drugs Market, By Region:

North America

By Country:

U.S.
Canada

Europe

By Country:

U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe

Asia Pacific

By Country:

China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific

Latin America

By Country:

Brazil
Mexico
Argentina
Rest of Latin America

Middle East & Africa

By Country:

GCC Countries
Israel
South Africa
Rest of Middle East & Africa

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Find more related trending reports below:

Pulmonary Edema Therapeutics Market, by Drug Class (Diuretics, Opioid Analgesics, Vasodilators, Inotropes, and Others), by Type (Cardiogenic Pulmonary Edema, and Non-cardiogenic Pulmonary Edema), by Route of Administration (Oral and Intravenous), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Pulmonary Drug Delivery Systems Market, By Product Type (Nebulizers, MDIs, DPIs), By Application (Asthma, COPD, Cystic Fibrosis), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2020 – 2027

Pharmaceutical Drug Delivery Market by Route of administration (Oral Drug Delivery, Topical Drug Delivery, Inhalation Drug Delivery, Pulmonary Drug Delivery, Nasal Drug Delivery, Transmucosal Drug Delivery, Injectable Drug Delivery, Ocular Drug Delivery, and Implantable Drug Delivery), by Application (Infectious Diseases, Cancer, Cardiovascular Diseases, Diabetes, Respiratory Diseases, Central Nervous System Disorders, Autoimmune Diseases, and Others), by End Users (Hospitals, Ambulatory Surgical Centers/Clinics, Diagnostic Centers, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

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