Infinium Global Research has added a new report on Chronic Obstructive Pulmonary Disease Therapeutics Market. The report covers the analysis of global as well as regional markets of chronic obstructive pulmonary disease therapeutics. Moreover, the report gives insights into the factors that affect the global as well as regional performance of the market in the short run and in the long run.
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Chronic obstructive pulmonary disease is a chronic inflammatory lung disease that causes obstructive airflow from the lungs. COPD is caused by prolonged exposure to polluted or irritating gases and particulate matter. COPD can result in severe heart disease, lung cancer, and other disorders. Emphysema and chronic bronchitis are two common conditions that contribute to COPD. Emphysema can be caused by longer exposure to cigarette smoke and other irritating gases and particulate matter. Chronic bronchitis is an inflammation of the lining of the bronchial tubes, which carry air to and from the air sacs (alveoli) of the lungs. Some of the common symptoms of COPD include increased shortness of breath, frequent coughing (with and without mucus), increased breathlessness, wheezing and tightness in the chest. COPD is not curable yet, but with proper management, a person can achieve good symptom control and quality of life.
The most prominent factor affecting the growth of the chronic obstructive pulmonary disease therapeutics market is a persistent rise in the number of COPD cases globally. WHO report states the prevalence of 251 million cases of COPD globally in 2016, and it is estimated that 3.17 million deaths were caused by the disease in 2015, which is 5% of all deaths globally in the year. Another factor supporting the growth of the market is changing life habits, increasing the number of tobacco smokers, and prolong exposure to polluted air environments are responsible for raising the number of chronic obstructive pulmonary disease patients. However, lack of knowledge and awareness regarding COPD indication and symptoms, lack of precision in the diagnosis of the disease are some major drawbacks contributing to the slow growth of the market. On the other hand, strong pipeline drugs and rising government initiatives will provide better opportunities for the COPD market.
North America Dominates the Market and Continue to Stay On Top in the Forecast Year
Geographically, North America dominates the market and continue to stay on top in the forecast year. An increasing number of tobacco smokers, advanced diagnosis facilities, and raising awareness among people are some factors affecting the growth of this region. The market in Europe for COPD will grow with a healthy rate in the near future owing to heavy spending on R&D and the introduction of new products into the market. Asia-Pacific region will grow with a lucrative rate in the forecast period, increasing the prevalence of COPD, increasing air pollution level, and growing pharmaceutical industries will aid the growth of the market.
Chronic Obstructive Pulmonary Disease Therapeutics Market: Segmentation
The report on global chronic obstructive pulmonary disease therapeutics market covers segments such as drug class, and distribution channel. On the basis of drug class, the sub-markets include bronchodilators, combination, phosphodiesterase type 4 inhibitors, mucokinetics, corticosteroids, and other drug classes. On the basis of the distribution channels, the sub-markets include online pharmacies, hospital pharmacies, and retail pharmacies.
Chronic Obstructive Pulmonary Disease Therapeutics Market: Competitive Landscape
The report provides profiles of the companies in the market such as Pfizer Inc., Adamis Laboratories, Inc., AstraZeneca Plc, Boehringer Ingelheim Pharmaceuticals, Inc., Novartis AG, and Sunovion Pharmaceuticals, Inc.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the chronic obstructive pulmonary disease therapeutics.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.