Long-acting Beta-agonists Market Trends

  • Report ID: 3996
  • Published Date: Aug 20, 2024
  • Report Format: PDF, PPT

Long-acting Beta-agonists Market Trends

Growth Drivers

  • Increasing Prevalence of Asthma and COPD
  • Growing Geriatric and Pediatric Population

Challenges

  • Side Effects of Bronchodilators
  • Government Restrictions regarding the Safety of the Drugs

Long-acting Beta-agonists Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

14.4%

Base Year Market Size (2023)

USD 987.4 million

Forecast Year Market Size (2036)

USD 5.67 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 3996
  • Published Date: Aug 20, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of long-acting beta-agonists is evaluated at USD 1.1 billion.

Long-acting Beta-agonists Market size was valued at USD 987.4 million in 2023 and is expected to reach USD 5.67 billion by 2036, expanding at around 14.4% CAGR during the forecast period i.e., between 2024-2036. Increasing prevalence of asthma and COPD globally is anticipated to boost the market growth.

Asia Pacific industry is expected to hold largest revenue share by 2036, driven by high prevalence of COPD, bronchospasm, and other disorders amongst the geriatric population.

The major players in the market are GlaxoSmithKline plc, Merck KGaA, Mylan N.V., Teva Pharmaceutical Industries Ltd., AstraZeneca plc, Sumitomo Dainippon Pharma Co., Ltd., Koninklijke Philips N.V., Pear Therapeutics, Inc., and Sanofi-aventis Groupe.
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