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GLOBAL INDUSTRY INSIGHT: Asthma Market Size, Share, Development, Growth and Demand Forecast
to 2020
© P&S Market Research. All rights reserved 2
Global Asthma Market Size, Share, Development, Growth and
Demand Forecast to 2020
Asthma is a respiratory condition, where the airways become inflamed and narrow, which can cause a serious
and incurable condition if left untreated. Breathlessness, wheezing and coughing are some of the symptoms of
asthma and it can be controlled by avoiding triggers and with the help of drug therapy. Environmental triggers
may vary from consumer to consumer but it can include exercise, smoke, cold air and other allergens such as
pollen, dust mites, and infections. The wheezing in asthma begins when the chemicals present in the lungs
overreact to the dust mites, cold air and exercise.
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According to Centers for Disease Control and Prevention (CDC), asthma is an ordinary chronic airway disorder
which is characterized by swelling of air passages that convey air from mouth and nose to lungs. Asthma is
caused generally due to allergies leading to inflammation of lungs. GlaxoSmithKline Pharmaceuticals
Limited and Novartis AG are developing once-a-day combination products that are longer acting than currently
available drugs and more suitable for patients due to its advantage of being taken only once a day.
The asthma drugs medications can be categorized as relievers, such as beta-2 agonists-soothe, and controllers,
such as corticosteroids. On the basis of the treatment type, asthma market can be categorized as
bronchodilators, combination therapies and anti-inflammatories. Bronchodilators can further be sub-categorized
as short acting bronchodilators, anticholinergic, bronchodilators and long acting bronchodilators. Anti-
inflammatories can further be sub-categorized as anti-leukotrienes, inhaled corticosteroids and monoclonal
antibodies.
Many companies are focusing on contract manufacturing outsourcing and some of the major healthcare
companies have entered the asthma market in recent years. Increasing awareness about the reimbursement of
timely diagnosis for asthma and accessibility of healthcare utensils for the diagnosis of asthma in rural areas are
some of the major drivers for the global asthma market. With rising pollution level in urban areas of developing
countries, coupled with strengthening healthcare services in these countries, the global asthma market is
expected to increase in the coming years.
Daily exposure to hazardous working environment, influx of pollutants in the air, increase in population
susceptible to indoor air pollutants, increase in disposable income, increasing population of smokers, improved
healthcare facility, and growing aging population are some of other the major factors that are driving the growth of
asthma market. Factors that are restraining the growth of asthma market are high cost of asthma treatment,
patent expiry of many best-seller brands and long treatment continuation. Additionally, lack of diagnostic tools for
reliable asthma diagnosis in young children is also limiting the growth of global asthma market.
© P&S Market Research. All rights reserved 3
Global Asthma Market Size, Share, Development, Growth and
Demand Forecast to 2020
Country wise, U.S. and China are the two major markets of asthma. Growth in urbanization and change in lifestyle
in China are the major factor for the increasing asthma in the country. The incidence of asthma symptoms is
higher in urban areas as compared to rural areas due to factors such as air pollution and smoking, and it has led
to the quick increase in asthma patients in China.
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Some of the major competitors of global asthma market are, CHIESI Farmaceutici S.p.A., Aerovance, Inc., Ono
Pharmaceutical Co., Ltd., GlaxoSmithKline plc, Teva Pharmaceutical Industries Ltd. Merck Sharp & Dohme
Corp.(Merck & Co., Inc.), Sunovion Pharmaceuticals, Inc., Novartis AG, C.H. Boehringer Sohn AG & Ko., KG,
Astellas Pharma Inc., Schering Corporation, Genentech Inc., and Theravance Inc.
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