Asthma Therapeutics Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2018–2024

Sarasota, FL -- (SBWire) -- 01/14/2019 --Asthma Therapeutics Market: Overview

Asthma is a lung disorder wherein inflammation causes the bronchi to swell and narrow down the airways resulting in breathing difficulties that may be mild or life-threatening inconsiderable number of cases. Its symptoms include a cough, shortness of breath, chest tightness and wheezing.

The right medications for asthma depend on a number of parameters such, as the patient's age, symptoms, frequency, and intensity of the asthma triggers and the best remedy to control one's asthma.

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Asthma Therapeutics Market: Market Dynamics

Increasing amount of pollution faced by the population, children today are growing up with less exposure to infection as compared to their ancestors making their immune system weak and sensitive and lifestyle changes are the drivers which have majorly affected the Asthma Therapeutics market. Asthma is majorly affecting the economy of certain nations like the U.S. and China due to the high occurrence of such diseases and drastic rise in the number of smokers. Thus, there are various government initiatives undertaken to create awareness amongst people about asthma and related diseases.

The generic erosion of the leading brands for asthma treatment, such as Advair and Symbicort, high level of heterogeneity of the disease, lack of patient acquaintance with the standard therapies and the costly medications for asthma treatment could restraint market growth.

Lack of diagnostic tools to provide a reliable diagnosis of asthma in young children is an opportunity in the Asthma Therapeutics market.

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Segmentation based on the Drug class:

On the basis of the drug class, this market is segmented as Anti-inflammatory drugs, Bronchodilators and Combination therapy.

Segmentation based on relief time:

Based on the relief time of the drugs, the Asthma therapeutics market is segmented as, Quick-relief medications and Long-term asthma control medications.

Segmentation based on the product type:

When segmented based on the product type, Dry powder inhalers, Metered dose inhalers, Mist inhalers, and nebulizer.

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Segmentation based on the route of administration:

On the basis of the route of drug administration, the market is classified as Inhalation, Oral and Parenteral.

Asthma Therapeutics Market: Competitors

Philips Healthcare, AstraZeneca Plc, GlaxoSmithKline Plc, Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim GmbH, Sanofi-Aventis SA, CareFusion Corporation, Sunovion Pharmaceuticals, Inc., Merck & Co., Inc. and Roche Diagnostics are few of the key players in Asthma Therapeutics industry.

Asthma Therapeutics Market: Regional Segment Analysis

- North America

- The U.S.

- Europe

- The UK

- France

- Germany

- The Asia Pacific