Market revenue in 2023 | USD 26,409.9 million |
Market revenue in 2030 | USD 37,910.5 million |
Growth rate | 5.3% (CAGR from 2023 to 2030) |
Largest segment | Anti- inflammatories |
Fastest growing segment | Combination therapy |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Anti- inflammatories, Bronchodilators, Combination therapy |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to asthma therapeutics market will help companies and investors design strategic landscapes.
anti- inflammatories was the largest segment with a revenue share of 62.37% in 2023. Horizon Databook has segmented the Global asthma therapeutics market based on anti- inflammatories, bronchodilators, combination therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The global increase in the incidence of asthma has significantly raised the demand for therapeutics. Government and nongovernment organizations emphasize the rapid growth in asthma patients, labeling it a severe public health concern. For instance, WHO reported in 2021 that 39.6% of adults with asthma experienced one or more attacks, a figure expected to rise and contribute to the global adoption of asthma therapeutics.
There is a rapid growth in the incidence of asthma in the Asia Pacific and Europe. A 2022 study in Public Health Challenges shows that an estimated 65% of asthma patients in the UK approximately 3.5 million people did not receive optimal asthma care. This underscores a potential surge in demand for asthma therapeutics, driving the market.
Horizon Databook provides a detailed overview of global-level data and insights on the Global asthma therapeutics market , including forecasts for subscribers. This global databook contains high-level insights into Global asthma therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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