Chronic Respiratory Diseases Treatment Market Size

Respiratory Disorders Treatment Market size was valued at USD 108.37 billion in 2023 and is expected to reach USD 236.88 billion by 2036, registering around 6.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of respiratory disorders treatment is evaluated at USD 113.75 billion.

The primary factor for the growth of the market can be attributed to the increasing cases of respiratory disease worldwide. According to NCD alliance, 235 million people suffer from asthma worldwide. To cope with the large pool of patients companies are continuously working on innovating drugs to prevent or cure these diseases.