South Africa Asthma Therapeutics Market Size & Outlook
South Africa asthma therapeutics market, 2018-2030 (US$M)
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South Africa asthma therapeutics market highlights
- The South Africa asthma therapeutics market generated a revenue of USD 150.9 million in 2023 and is expected to reach USD 261.8 million by 2030.
- The South Africa market is expected to grow at a CAGR of 8.2% from 2024 to 2030.
- In terms of segment, anti- inflammatories was the largest revenue generating drug class in 2023.
- Combination therapy is the most lucrative drug class segment registering the fastest growth during the forecast period.
Asthma therapeutics market data book summary
| Market revenue in 2023 | USD 150.9 million |
| Market revenue in 2030 | USD 261.8 million |
| Growth rate | 8.2% (CAGR from 2023 to 2030) |
| Largest segment | Anti- inflammatories |
| Fastest growing segment | Combination therapy |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Anti- inflammatories, Bronchodilators, Combination therapy |
| Key market players worldwide | Teva Pharmaceutical Industries Ltd, GSK PLC, Merck & Co Inc, Roche Holding AG, AstraZeneca PLC, Boehringer Ingelheim, Sanofi SA, Koninklijke Philips NV, BD, Corvus Pharmaceuticals Inc |
Other key industry trends
- In terms of revenue, South Africa accounted for 0.6% of the global asthma therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia asthma therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 314.0 million by 2030.
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Asthma Therapeutics Market Scope
Asthma Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa asthma therapeutics market outlook
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 61.7% in 2023. Horizon Databook has segmented the South Africa asthma therapeutics market based on anti- inflammatories, bronchodilators, combination therapy covering the revenue growth of each sub-segment from 2018 to 2030.
South Africa’s asthma therapeutics market is expected to witness lucrative growth over the forecast period. Growth can be attributed to the increasing prevalence of respiratory diseases, supportive government initiatives, and growing demand for asthma therapeutics.
In addition, several Thoracic Societies, such as the South African Thoracic Society, Nigerian Thoracic Society, East African Thoracic Society, and others, are working toward the challenges of respiratory diseases in Africa.
The burden of Chronic Respiratory Disorders (CRDs) in the region is increasing. Furthermore, South Africa continues to exhibit one of the highest rates of childhood asthma prevalence across the African continent.
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Target buyers of South Africa asthma therapeutics market databook
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Our clientele includes a mix of asthma therapeutics market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Africa asthma therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into South Africa asthma therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa asthma therapeutics market size, by drug class, 2018-2030 (US$M)
South Africa Asthma Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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