South Korea Bronchodilators Market Size & Outlook

The bronchodilators market in South Korea is expected to reach a projected revenue of US$ 991.0 million by 2030. A compound annual growth rate of 5.4% is expected of South Korea bronchodilators market from 2023 to 2030.
Revenue, 2022 (US$M)
$650.7
Forecast, 2030 (US$M)
$991.0
CAGR, 2023 - 2030
5.4%
Report Coverage
South Korea

South Korea bronchodilators market highlights

  • The South Korea bronchodilators market generated a revenue of USD 650.7 million in 2022 and is expected to reach USD 991.0 million by 2030.
  • The South Korea market is expected to grow at a CAGR of 5.4% from 2023 to 2030.
  • In terms of segment, beta-adrenergic bronchodilators was the largest revenue generating drug class in 2022.
  • Beta-Adrenergic Bronchodilators is the most lucrative drug class segment registering the fastest growth during the forecast period.


Bronchodilators market data book summary

Market revenue in 2022USD 650.7 million
Market revenue in 2030USD 991.0 million
Growth rate5.4% (CAGR from 2022 to 2030)
Largest segmentBeta-adrenergic bronchodilators
Fastest growing segmentBeta-Adrenergic Bronchodilators
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationBeta-Adrenergic Bronchodilators, Anticholinergic Bronchodilators, Xanthine Derivatives
Key market players worldwideGSK PLC, AstraZeneca PLC, Teva Pharmaceutical Industries Ltd, Cipla Ltd DR, Mylan, Merck KGaA, Merck & Co Inc, Novartis AG ADR, Boehringer Ingelheim, Sun Pharmaceutical Industries, Glenmark Pharmaceuticals


Other key industry trends

  • In terms of revenue, South Korea accounted for 2.9% of the global bronchodilators market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China bronchodilators market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,743.3 million by 2030.

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Bronchodilators Market Companies

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South Korea bronchodilators 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 bronchodilators market will help companies and investors design strategic landscapes.


Beta-adrenergic bronchodilators was the largest segment with a revenue share of 41.16% in 2022. Horizon Databook has segmented the South Korea bronchodilators market based on beta-adrenergic bronchodilators, anticholinergic bronchodilators, xanthine derivatives covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of South Korea bronchodilators market databook

  • Our clientele includes a mix of bronchodilators market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • 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 Korea bronchodilators market, including forecasts for subscribers. This country databook contains high-level insights into South Korea bronchodilators market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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South Korea bronchodilators market report size, by drug class, 2018-2030 (US$M)

South Korea Bronchodilators Market Share, 2022 & 2030 (US$M)

South Korea bronchodilators market report size, by drug class, 2018-2030 (US$M)

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