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Asthma and COPD Market: Increasing Growth Seen in Health Sector

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These chronic respiratory diseases are caused by numerous environmental factors or are genetically acquired requires constant care management. As per WHO in 2015, approximately 3 million deaths were caused due to COPD, being the progressive and life-threatening disease of lungs, this accounts for around 5% of the total global deaths per year. – PowerPoint PPT presentation

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Title: Asthma and COPD Market: Increasing Growth Seen in Health Sector


1
Asthma and COPD Market Size is Projected to
Experience Significant Growth from 2017 to 2024.
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2
Brief Detail of Asthma and COPD Market
  • Rising prevalence of the respiratory diseases,
    growing pathogens in environment leading to
    chronic conditions such as, chronic obstructive
    pulmonary disease (COPD) and asthma are the major
    growth driving factors.
  • These conditions require lifelong medications as
    a result medical adherence is extremely
    necessary, in addition, the reduction in quality
    of life are some aspects that fuel the Asthma and
    COPD Market growth over the forecast period.
  • These chronic respiratory diseases are caused by
    numerous environmental factors or are genetically
    acquired requires constant care management.
  • As per WHO in 2015, approximately 3 million
    deaths were caused due to COPD, being the
    progressive and life-threatening disease of
    lungs, this accounts for around 5 of the total
    global deaths per year.

3
  • Moreover, the supporting initiatives by private
    and public institutions adds up to the asthma and
    COPD market size growth during the forecast
    timeframe.
  • For instance, the Global Asthma Network (GAN)
    along with the International Union against
    Tuberculosis and lung disease and the
    International Study of Asthma and Allergies in
    Childhood (ISAAC) aims reduction in asthma
    suffering.
  • This is done by the improvement in respiratory
    care globally and are more focused on the low and
    middle-income nations. The increase in adoption
    rate of products thereby, provide business growth.

4
Regional Analysis of Asthma and COPD Market
  • Inhalers includes metered dose inhalers (MDIs),
    soft mist inhalers (SMIs), and drug powder
    inhalers (DPIs). DPIs accounted for major share
    in 2016 due to the advantages such as less
    patient coordination required, compactness,
    appropriate for emergency circumstances, and
    portability are some aspects that encourages the
    patients buying preferences.
  • U.S. led the asthma and COPD market owing to
    strong pipeline for novel therapies,
    technological advancements, and growing disease
    prevalence. According to, the CDC, in 2014,
    around 15.7 million Americans were detected with
    COPD, that accounts for 6.4 people of the total
    population. India and China are growing
    significantly due to increase in disease
    prevalence. These nations have opportunity to
    grow their business rapidly as some of the
    European pharmaceutical companies are on the edge
    of expiration in terms of numerous patents.

5

Browse Full Market Research Report On Asthma and
COPD Market _at_ http//bit.ly/2vhtvFc Request
for an in-depth table of contents for this report
_at_ http//bit.ly/2vshtte
6
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