Pune, India -- (SBWIRE) -- 10/14/2020 -- The global asthma treatment market size is expected to reach USD 26.01 billion by 2027, exhibiting a CAGR of 4.5% during the forecast period. The growing incidence of respiratory diseases such of chronic obstructive pulmonary disease (COPD), chronic bronchitis, emphysema, lung cancer, asthma, and pleural effusion will spur demand for asthma treatment during the forecast period, mentioned in a report, titled "Asthma Treatment Market Size, Share & Industry Analysis, By Treatment (Long-Term Control Medications, and Quick-Relief Medications), By Route of Administration (Injectable, Oral, and Inhaled), By Distribution Channel (Hospital Pharmacies, Retail Pharmacies & Drug Stores, and Online Pharmacies), and Regional Forecast, 2020-2027" the market size stood at USD 18.08 billion in 2019. The increasing risk of death in asthma patients amid the COVID-19 pandemic will fuel demand for pre-diagnosis, which, in turn, will aid the market. For instance, According to the Centers for Disease Control and Prevention (CDC), during the 2019-2020 coronavirus pandemic, individuals suffering from moderate to severe asthma, were at a greater risk of falling ill with acute respiratory disease.

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Highlights of the Report:

In-depth analysis of various insights, namely, Asthma Treatment Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Asthma Treatment Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
Key Players Operating in The Asthma Treatment Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

AstraZeneca
GlaxoSmithKline plc
Teva Pharmaceutical Industries Ltd.
Merck & Co., Inc.
Mylan N.V.
Boehringer Ingelheim International GmbH
Regeneron
Sanofi
Genentech, Inc. (F. Hoffmann-La Roche Ltd)
Novartis AG
Sumitomo Dainippon

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Market Restraint:

Expensive Asthma Medications to Dwindle Market Growth

The high costs associated with asthma inhalers, which are often considered the primary treatment for Asthma will limit the adoption of asthma therapeutics. For instance, the prices of Advair, a critical asthma drug has risen from US$ 316 in 2013 to US$ 496 in 2018, documenting an increase of 56.0%. Furthermore, the underdiagnosis of asthma in developing countries will subsequently restrict the growth of the market during the forecast period. Underdiagnosis of asthma leads to poor clinical outcomes for the patient and the adoption of inappropriate asthma pharmaceuticals as a treatment for their medical condition. These factors together are likely to restrict the growth of the market.

Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Prevalence of Asthma - by Key Regions - 2019
Pipeline Analysis
Key Industry Developments (Mergers, Acquisitions, and Partnerships, etc.)
Regulatory Scenario - by Key Regions
An Overview of Emerging Treatments for Asthma
An Overview of Guidelines for the Diagnosis and Management of Asthma (EPR-3)
Reimbursement Scenario - by Key Regions
Global Asthma Treatment Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis, Insights and Forecast – By Treatment
Long-Term Control Medications
Quick-Relief Medications
Market Analysis, Insights and Forecast – By Route of Administration
Injectable
Oral
Inhaled
Market Analysis, Insights and Forecast – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies & Drug Stores
Online Pharmacies
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia pacific
Latin America
Middle East & Africa
North America Asthma Treatment Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis – By Treatment
Long-Term Control Medications
Quick-Relief Medications
Market Analysis – By Route of Administration
Injectable
Oral
Inhaled
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies & Drug Stores
Online Pharmacies
Market Analysis – By Country
S.
Canada
Europe Asthma Treatment Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis – By Treatment
Long-Term Control Medications
Quick-Relief Medications
Market Analysis – By Route of Administration
Injectable
Oral
Inhaled
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies & Drug Stores
Online Pharmacies
Market Analysis – By Country/ sub-region
K.
Germany
France
Spain
Italy
Scandinavia
Rest of Europe
Asia pacific Asthma Treatment Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis – By Treatment
Long-Term Control Medications
Quick-Relief Medications
Market Analysis – By Route of Administration
Injectable
Oral
Inhaled
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies & Drug Stores
Online Pharmacies
Market Analysis – By Country/ sub-region
Japan
China
India
Australia
Southeast Asia
Rest of Asia Pacific
Latin America Asthma Treatment Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis – By Treatment
Long-Term Control Medications
Quick-Relief Medications
Market Analysis – By Route of Administration
Injectable
Oral
Inhaled
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies & Drug Stores
Online Pharmacies
Market Analysis – By Country/ sub-region
Brazil
Mexico
Rest of Latin America
Middle East & Africa Asthma Treatment Market Analysis, Insights and Forecast, 2016-2027
Key Findings / Summary
Market Analysis – By Treatment
Long-Term Control Medications
Quick-Relief Medications
Market Analysis – By Route of Administration
Injectable
Oral
Inhaled
Market Analysis – By Distribution Channel
Hospital Pharmacies
Retail Pharmacies & Drug Stores
Online Pharmacies
Market Analysis – By Country/ sub-region
GCC Countries
South Africa
Rest of Middle East & Africa
Continued...

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Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Asthma Treatment Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates
Reasons to Purchase this Report:

Comprehensive analysis of the Asthma Treatment Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.
KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Asthma Treatment Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?