Respiratory Drugs Market Size

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. In the year 2025, the industry size of respiratory drugs is assessed at USD 17.98 billion. This market growth is set to be dominated by growing consumption of tobacco.

Further, the prevalence of second-hand smoke is also surging. For instance, as per the estimation of the World Health Organization, over 1.3 million non-smokers are killed due to the exposure of second-hand smoking across the globe. Second-hand smoking is the major driver for the rise in respiratory infection. As a result, the market is predicted to gather highest revenue.

Moreover, another main reasons for the rise in respiratory disease is upper respiratory infection. Upper respiratory tract infection occurs in a higher part of the respiratory tract. Nasal passages, sinuses, pharynx, and trachea are the specific areas that are most affected by the infection. The respiratory drugs are one of the common treatment available in the market. Hence, the market is poised to observe growth.