Indian long-acting bronchodilator market is anticipated to grow at a substantial rate of around 8.0% during the forecast period. Major factors that augments the growth of the market include large population base susceptible to asthma and COPD, rising awareness about treatment for asthma and COPD, and significant presence of market players in the country. The Indian long-acting bronchodilator market is segmented on the basis of route of administration, application, and end-user. Based on the route of administration, the market is classified into oral, nasal, parenteral, and inhalation. Moreover, on the basis of application, the market has been classified into asthma and COPD diseases. The asthma disease application segment dominated the regional market in 2018 and is further estimated to follow the same trend over the forecast period. This is mainly due to the increasing pool of aging population susceptible to the high prevalence of asthma in the country.
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Furthermore, the market is characterized by the presence of several manufacturers that are developing and providing long-acting bronchodilator to cater to a wide range of customers within the region and across the globe. The major players of the Indian long-acting bronchodilator market include Cipla Ltd., AstraZeneca PLC, Aradigm Corp., GlaxoSmithKline PLC, Novartis AG, ResMed, Teva Pharmaceuticals Industries Ltd. These players adopt various strategies to capitalize on market growth opportunities. Mergers and acquisitions, product launch, geographical expansion, partnerships, and collaborations are the majorly adopted strategies by the market players.
Cipla is one of the major companies working in the long-acting bronchodilator market. The company offers products in the field of asthma, COPD, Allergic Rhinitis (AR), Pulmonary Arterial Hypertension (PAH), lung cancer and Idiopathic Pulmonary Fibrosis (IPF). In May 2018, the company established a partnership with MannKind for marketing and distributing Afrezza. It is the only US FDA approved inhaled insulin available for patients suffering from diabetes. In addition, the company in February 2018, has entered into a partnership with Roche Pharma India for healthcare improvement and increasing access to life-changing medicines in India.
Indian Long-Acting Bronchodilator Market Segmentation
By Route of Administration
- Oral
- Nasal
- Parenteral
- Inhalation
By Application
- Asthma
- Chronic Obstructive Pulmonary Disease (COPD)
By End-User
- Homecare
- Hospitals and Clinics
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Company Profiles
- Adamis Pharmaceuticals Corp.
- AstraZeneca PLC
- eximo Pharmaceuticals Ltd.
- Boehringer Ingelheim International GmbH
- Cipla Ltd.
- GlaxoSmithKline PLC
- Novartis AG
- ResMed Corp.
- Pulmatrix Inc.
- Sunovion Pharmaceuticals
- Teijin Pharma Ltd.
- Teva Pharmaceuticals Industries Ltd.
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