Global Respiratory Drugs Market 2018-2024

  • 113
    Pages

  • 32
    Tables

  • 42
    Charts

  • 4/11
    Regions/ Countries

  • 14
    Companies

  • 10
    Enquiry Hours

Overview:

Pulmonary medicine is the branch of medical science that deals with diagnosis, prevention, and treatment of diseases affecting the respiratory system. The conditions included are acute respiratory distress syndrome, sarcoidosis of the lungs, asthma, chronic obstructive pulmonary disease, lung cancer, occupational lung disease, pulmonary hypertension, tuberculosis, cystic fibrosis, interstitial lung disease, lung transplants, and severe acute respiratory syndrome. The intensity of competition in the respiratory drug market is high with few players dominating the market. The heavy investments made in the development of respiratory drug delivery systems have favored the growth of the market. The entry of innovative and effective drugs in the market is expected to drive the future of the market.

Short-Acting Beta2-Agonists (SABA), Inhaled corticosteroids (ICS), anticholinergics, long-acting beta2-agonists (LABA), antihistamines, vasodilators, combination drugs, and others are the major respiratory drugs classes available in the market. Currently, the combination drugs are mainly driving the market, with top brands facing no real competition from generic alternatives. The emergence of inexpensive, state-of-the-art and effective drug delivery devices will stimulate the market growth.

Market Analysis:

The “Global Respiratory Drugs Market” is estimated to witness a CAGR of 5.9% during the forecast period 2018-2024. The respiratory drugs market is analyzed based on two segments – Applications and Regions.

Regional Analysis:

The regions covered in the report are the North America, Europe, Asia Pacific, and Rest of the World (ROW). North America accounts for the largest share of the global respiratory drugs market, followed by Europe, Asia Pacific, and Rest of the World. More than 60% of the market is occupied by North America, with the US being the major contributor to the market growth.

Application Analysis:

Respiratory drugs find its applications in Asthma, COPD, Cystic Fibrosis, Allergic Rhinitis and Others. Asthma is a major market share holder currently. However, cystic fibrosis is anticipated to be the fastest growing segment in the market bacause of  increased research & development and drug approval process related to it.

Key Players:

Novartis AG, GlaxoSmithKline plc, Astra Zeneca PLC., F. Hoffmann-La Roche Ltd, and Vertex Pharmaceuticals Inc are the key players in the market. Mylan, Boehringer Ingelheim GmbH, Teva Pharmaceutical Industries Limited, Gilead Sciences, Inc, Bayer AG, Pfizer Inc., Bristol-Myers Squibb, Merck & Co., Sanofi, and Mallinckrodt plc are some of the other prominent respiratory drugs manufacturers in the market.

Competitive Analysis:

Business partnerships, merger & acquisitions and a multifaceted pipeline are the major strategies of the market players. In March 2017, AstraZeneca and SenzaGen collaborated to develop genomic methods for respiratory allergens. In December 2016, Novartis out-licensed its three COPD products Utibron Neohaler, Seebri Neohaler and Arcapta Neohaler to Sunovion Pharmaceuticals. In March 2017, Sanofi invested $147 million in AstraZeneca’s drug for preventing respiratory syncytial virus (RSV) infections. This gave equal share in costs and profits for both the companies.

In 2017, GSK became the leader in the market accounting for 25.6% of the market revenue. Vertex Pharma is one the biggest companies in this domain with the fastest growth rate in recent years due to its novel portfolio for Cystic Fibrosis and potential molecules in the clinical pipeline.

Benefits:

The report provides complete details about the usage and adoption rate of respiratory drugs in various regions. With that, key stakeholders can find out about the major trends, drivers, investments, and vertical players’ initiatives. Moreover, the report provides details about the major challenges that are going to impact on the market growth. Additionally, the report gives a detailed account of the key business opportunities to the prominent stakeholders to expand their businesses and capture the revenue in the specific verticals. It will help them to analyze the market before investing or expanding the business in this market.

Key Stakeholders:

1     Industry Outlook 

1.1        Industry Overview

1.2        Total Addressable Market

1.3        Industry Trends

2     Report Outline 

2.1        Report Scope

2.2        Report Summary

2.3        Research Methodology

2.4        Report Assumptions

3     Market Snapshot

3.1        Market Definition – Infoholic Research

3.2        Segmented Addressable Market (SAM)

3.3        Importance of Respiratory Care

3.4        Trends of Respiratory Drugs Market

3.5        Related Markets

3.5.1     Oncology (Cancer) Drugs

3.5.2     Active pharmaceutical ingredients (APIs)

3.5.3     Over the counter drugs (OTC)

3.5.4     Diabetes Drugs

4     Market Outline

4.1        Pipeline Products of Respiratory Drugs by Major Companies

4.2        Market Segmentation

4.3        Porter 5(Five) Forces

4.4        PEST Analysis

5     Market Characteristics

5.1        Market Dynamics of Respiratory Drugs Market

5.1.1     Drivers

5.1.1.1    Increasing Aging Population

5.1.1.2    Rising prevalence of respiratory diseases

5.1.1.3    High prevalence of tobacco smoking

5.1.2     Opportunities

5.1.2.1    Supportive initiatives from government and other organizations

5.1.2.2    Huge pool of undiagnosed chronic obstructive pulmonary disease population

5.1.3     Restraints

5.1.3.1    Expiry of patents for blockbuster drugs

5.1.3.2    Complex drug development process

5.1.4     DRO – Impact Analysis

5.1.5     Key Stakeholders

6     Application: Market Size and Analysis

6.1        Overview

6.2        Asthma

6.3        Chronic Obstructive Pulmonary Disease (COPD)

6.4        Cystic Fibrosis

6.5        Allergic Rhinitis

6.6        Others

7     Regions: Market Size and Analysis

7.1        Overview

7.2        North America

7.2.1     Overview

7.2.2     United States

7.2.3     Canada

7.3        Europe

7.3.1     Overview

7.3.2     United Kingdom

7.3.3     Germany

7.3.4     France

7.4        APAC

7.4.1     Overview

7.4.2     India

7.4.3     China

7.4.4     Japan

7.5        Rest of the World

7.5.1     Overview

7.5.2     Middle East

7.5.3     Brazil

7.5.4     Mexico

8     Competitive Landscape 

9     Vendor Profiles

9.1        Novartis AG

9.1.1     Overview

9.1.2     Business Unit

9.1.3     Geographic Presence

9.1.4     Business Focus

9.1.5     SWOT Analysis

9.1.6     Business Strategy

9.2        GlaxoSmithKline plc

9.2.1     Overview

9.2.2     Geographic Presence

9.2.3     Business Focus

9.2.4     SWOT Analysis

9.2.5     Business Strategy

9.3        Astra Zenca PLC

9.3.1     Overview

9.3.2     Geographic Presence

9.3.3     Business Focus

9.3.4     SWOT Analysis

9.3.5     Business Strategy

9.4        F.Hoffmann-La Roche Ltd.

9.4.1     Overview

9.4.2     Business Unit

9.4.3     Geographic Presence

9.4.4     Business Focus

9.4.5     SWOT Analysis

9.4.6     Business Strategy

9.5        Vertex Pharmaceuticals Inc.

9.5.1     Overview

9.5.2     Geographic Presence

9.5.3     Business Focus

9.5.4     SWOT Analysis

9.5.5     Business Strategy

10   Companies to Watch For

10.1     Boehringer Ingelheim GmbH

10.1.1  Overview

10.1.2  Highlights

10.2     Teva Pharmaceutical Industries Ltd.

10.2.1  Overview

10.2.2  Highlights:

10.3     Gilead Sciences Inc.

10.3.1  Overview

10.3.2  Highlights:

10.4     Bayer AG

10.4.1  Overview

10.5     Pfizer Inc.

10.5.1  Overview

10.5.2  Highlights

10.6     Bristol-Myers Squibb Co.

10.6.1  Overview

10.7     Merck & Co.

10.7.1  Overview

10.7.2  Highlights:

10.8     Sanofi

10.8.1  Overview

10.9     Mallinckrodt plc

10.9.1  Overview

Annexure 

Abbreviations 

 

Infoholic research works on a holistic 360° approach in order to deliver high quality, validated and reliable information in our market reports. The Market estimation and forecasting involves following steps:

  • Data Collation (Primary & Secondary)
  • In-house Estimation (Based on proprietary data bases and Models)
  • Market Triangulation
  • Forecasting

infoholic Research Methodology

Market related information is congregated from both primary and secondary sources.

Primary sources involved participants from all global stakeholders such as Solution providers, service providers, Industry associations, thought leaders etc. across levels such as CXOs, VPs and managers. Plus, our in-house industry experts having decades of industry experience contribute their consulting and advisory services.

Secondary sources include public sources such as regulatory frameworks, government IT spending, government demographic indicators, industry association statistics, and company publications along with paid sources such as Factiva, OneSource, Bloomberg among others.