The global anti-asthmatic drugs market is anticipated to grow at a considerable CAGR during the forecast period. Asthma is a chronic disease that affects a number of people across the globe including children. Most of the prominent pharmaceutical companies are included in developing various type of drugs for asthma. Probiotics are gaining popularity in the market for treatment for asthma in the patients. Probiotics can improve the immune system through the gut ecosystem and can be useful in treating illnesses such as asthma. For instance, in November 2020, Activated Probiotics, an Australian company that manufactures leading probiotic products, announced that it was expanding its range and developing probiotic products for the treatment of asthma.
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Besides, the anti-asthmatics drug market is driving by increasing development of bioelectric drugs to treat asthma patients. Bioelectronic Medicine focuses on electrical signaling in the nervous system to deal with a wide range of chronic diseases using small, artificial devices that can convert electrical signals through nerves in the body, including abnormal or altered sensations that occur in many diseases. For Instance, in July 2020, electroCore Inc., a US company based on bioelectronic medicine, received FDA approval for a neurotransmitter in patients with asthma it may have been exposed to the novel coronavirus.
Additionally, E-cigarettes, which is a substitute of direct tobacco smoking is increasing in popularity. E-cigarette smoking increases the risk of asthma among people as it contains nicotine extracts from cigarettes. E-cigarettes are also known as e-cigs, vaporizer cigarettes, and vape pens that are battery-powered tools that emit volatile nicotine doses, or non-nicotine solutions to give the user a similar sense of smell in cigarette smoke. Increased adoption of e-cigs is rising the number of patients with asthma which in turn is expected to boost the anti-asthmatics drug market during the forecast period.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including Novartis International AG, Sanofi SA, Regeneron Pharmaceuticals Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
oDeviation from the pre-COVID-19 forecast
oMost affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Anti-Asthmatic Drugs Market Report Segment
By Type
- Long-term Control Medications
- Quick-relief Medications (Rescue Medications)
- Medications for Allergy-induced Asthma
By Application
- Hospital Pharmacy
- Retails Pharmacy
- Online Pharmacy
A full report of Anti-Asthmatic Drugs Market is available at: https://www.omrglobal.com/industry-reports/anti-asthmatic-drugs-market
Anti-Asthmatic Drugs Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Abbott Laboratories, Inc
- Almirall, S.A
- Astellas Pharma Inc.,
- Boehringer Ingelheim GmbH
- Hoffmann-La Roche Ltd.
- GlaxoSmithKline plc
- GE Healthcare
- Merck & Co.
- Pfizer Inc.
- Mitsubishi Tanabe Pharma Corp.
- Regeneron Pharmaceuticals Inc.
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