Respiratory Drugs Market Share

  • Report ID: 5753
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Respiratory Drugs Market Share

North American Market Forecasts

North America industry is predicted to account for largest revenue share of 35% by 2037. The development in the region can be dominated by developing burden of respiratory maladies. Also, the prevalence of obesity is also rising in this region. In 2023, over 18 states in America were poised to have obesity rates approximately 34 percent, which indicates a rise from about 15 states in 2022.

Consequently, these variables are expected to drive the development of the showcase within the estimated period. The selection of quick diagnostics tests for quicker determination of respiratory irresistible illnesses is another key factor expected to expand the respiratory irresistible infection diagnostics advertise within the locale. 

APAC Market Analysis

The respiratory drugs market in the Asia Pacific region is set to grow significantly during the projected period. The Asia-Pacific region is a residence for huge heterogeneous population whose respiratory health is encouraged by diverse social, environmental and economical factor.

Moreover, the healthcare infrastructure in many countries in the region is enhancing, making it easier for people to access diagnosis and treatment for regulatory diseases. Additionally, huge investment has been made by government to enhance the treatment outcome. Therefore, the market is set to rise in this region.

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Author Credits:  Radhika Pawar


  • Report ID: 5753
  • Published Date: Nov 27, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of respiratory drugs is assessed at USD 17.98 billion.

The respiratory drugs market size was valued at USD 17.14 billion in 2024 and is expected to reach USD 37.01 billion by 2037, registering around 6.1% CAGR during the forecast period i.e., between 2025-2037. The growing prevalence of respiratory disease and growing incidence of common cold will drive the market growth.

North America industry is predicted to account for largest revenue share of 35% by 2037, due to rising substantial cases of respiratory disease in the region.

The major players in the market are of GlaxoSmithKline plc, Verona Pharma Plc, Teva Pharmaceuticals, Sandoz Inc., Hospira Inc., Novacyt Group, and others.
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