The Airway Disease Treatment Market size was estimated at USD 2107.04 million in 2023 and is expected to reach USD 3233.65 million by 2031 at a CAGR of 5.5% during the forecast period of 2024-2031.
Airway disease is a type of lung illness marked by airway blockage. Chronic obstructive lung disorders, cystic fibrosis bronchiectsis, asthma, and bronchitis all include reversible obstructive components. Smooth muscle contraction causes blockage of smaller bronchi and big bronchioles. Exhaling becomes difficult due to the compressed airways in the lungs. Cough, dyspnea, fever, episodic wheezing, purulent sputum, and trouble breathing are the most common symptoms.
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Pharmaceutical companies are introducing novel therapies for lung airway illnesses, such as biologics, combination therapy, and targeted drugs. These breakthroughs provide patients with specific disease subtypes and unmet medical needs with better treatment options. Also, manufacturers of inhalation devices have been focusing on technology developments to improve drug delivery efficiency and patient convenience. To improve drug adherence and disease monitoring, smart inhalers, connected devices, and digital platforms are being integrated into inhalation therapy.
DRIVERS
The rise in the number of patients who are successfully treated with combination therapy
The expansion of the airway disease treatment market is expected to accelerate due to an increase in the number of patients who are successfully treated with combination therapy but did not react to bronchodilators or corticosteroid therapies. Furthermore, as the symptoms and quality of life of patients with chronic obstructive pulmonary disease can be treated more successfully with combination therapy than with monotherapy, the use of airway disease treatment is increasing. Combination therapy has also gained traction as a result of recent regulatory approvals and an increase in the treatment's success rate for COPD, which has aided the entire market. Furthermore, one of the essential aspects influencing airway disease treatment market developments is the development of cutting-edge therapies for asthma by prominent market competitors. Furthermore, one of the essential elements influencing airway disease treatment market trends and predictions is the development of cutting-edge therapies for asthma by prominent market competitors.
LABA-ICS, LAMA-ICS, triple treatment, and other related agents are among the pharmaceuticals used in COPD combination therapy. Combination therapy is becoming more popular due to its improved efficacy over utilizing a bronchodilator and a corticosteroid separately, driving rising demand for airway disease treatment.
RESTRAIN
Expensive Treatment
The cost of treating lung airway disease, including medications, hospitalizations, and diagnostic procedures, can be significant for patients. Access to affordable treatment options is a challenge, especially in developing countries.
OPPORTUNITY
Improved access to high-quality healthcare services
Because of the increasing frequency of respiratory ailments, increased accessibility to high-quality healthcare facilities, and the expansion of the pharmaceutical sector, developing countries are opening up enormous potential in the market for the treatment of respiratory disorders globally. Because of the rapid adoption of new technology and a boom in innovation, the market for airway disease treatment has several potential opportunities.
CHALLENGES
Lack of awareness in developing regions
Despite the increased prevalence of pulmonary airway illnesses, awareness of these conditions and treatment choices remains low in many developing countries. Inadequate healthcare infrastructure and limited access to quality care make successful illness management difficult.
The war added new challenges to that process but did not halt it, “All injured citizens start receiving rehabilitation assistance in the hospital immediately after surgical or other interventions, with the involvement of multidisciplinary teams,”, emphasizing the enormous complexity of amputations and reiterating the importance of assistive technology, which WHO supplies to the country in partnership with ATscale, the global partnership for assistive technology. “The restoration of Ukraine is primarily the restoration and development of human capital.
IMPACT OF ONGOING RECESSION
Following the COVID-19 epidemic, economic uncertainty is increasing. Concerns about growing energy prices and geopolitical instability are causing significant uncertainty in the global economy. Forecasts indicate that the current economic slump will likely continue in 2024. The COVID-19 pandemic strained supply chains in the pharmaceutical industry, emphasizing the significance of stable supplies of active pharmaceutical ingredients, the basic materials required to create completed treatments.
By Type
Chronic Obstructive Pulmonary Disorder
Bronchiectasis
By Treatment
Bronchodilators
Corticosteroids
Cytotoxic Drugs
Oxygen Therapy
Others
By End User
Hospitals
Diagnostic laboratories
Research and Academic Institute
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North America held a significant market share of 38.3% in 2023. North America's dominance can be linked to the increased incidence of respiratory disorders, the popularity of portable gadgets, and the growing need for in-home medical equipment and services. According to the American Lung Association, COPD is the third greatest cause of death in the United States. Furthermore, a growing need for innovative and creative goods in medical institutions, diagnostic labs, and outpatient ambulatory surgery centers will fuel market growth in the region.
Europe is witness to expand fastest market share of 22.7% during the forecast due to a well-established healthcare system and a growth in the frequency of chronic obstructive pulmonary disease drive the region's market, with asthma being the most common concern among youngsters. A variety of technical developments in respiratory diagnostic testing, such as the usage of artificial intelligence and the Internet of things (loT), have prepared the way for the market's rise.
REGIONAL COVERAGE
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major players are Sun Pharmaceutical Industries Ltd., Holaira, Inc., Boehringer Ingelheim International GmBH, VIDA Diagnostics, AstraZeneca, GlaxoSmithKline, Teva Pharmaceuticals, Novartis, Pfizer Inc., Zydus Group,Merck & Co Inc., Abbvie Inc.,and Others.
In January 2022, AstraZeneca sold the distribution rights to Tudorza, also known as Eklira, and Duaklir to the Swiss pharmaceutical business Covis Pharma Group in January 2022 for US$ 270 million.
The first patient was enrolled in a phase 4 research comparing Yupelri (revefenacin) to Spiriva (tiotropium) for improving lung health in individuals with severe chronic obstructive pulmonary disease (COPD) in January 2022. The safety of these two approved once-daily COPD maintenance medications would also be evaluated. Yupelri is a bronchodilator that relaxes and expands the airways in the lungs, making it easier to breathe. It is accessible as a nebulizer-inhalable solution.
Ans: Improved access to high-quality healthcare services.
Ans: North America segment is expected to held the highest market share in 2023.
Ans: Airway disease treatment market size was valued at USD 2107.04 million in 2023.
Ans: The growth rate of airway disease treatment market is expected to grow USD 3233.65 million by 2031.
Ans: Airway disease treatment market is anticipated to expand by 5.5% from 2024 to 2031.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Airway Disease Treatment Market Segmentation, By Type
9.1 Introduction
9.2 Trend Analysis
9.3 Asthma
9.4 Chronic Obstructive Pulmonary Disorder
9.5 Bronchiectasis
10. Airway Disease Treatment Market Segmentation, By Treatment
10.1 Introduction
10.2 Trend Analysis
10.3 Bronchodilators
10.4 Corticosteroids
10.5 Cytotoxic Drugs
10.6 Oxygen Therapy
10.7 Antibiotics
10.8 Others
11. Airway Disease Treatment Market Segmentation, By End user
11.1 Introduction
11.2 Trend Analysis
11.3 Hospitals
11.4 Diagnostic laboratories
11.5 Research and Academic Institute
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Airway Disease Treatment Market by Country
12.2.3 North America Airway Disease Treatment Market By Type
12.2.4 North America Airway Disease Treatment Market By Treatment
12.2.5 North America Airway Disease Treatment Market By End user
12.2.6 USA
12.2.6.1 USA Airway Disease Treatment Market By Type
12.2.6.2 USA Airway Disease Treatment Market By Treatment
12.2.6.3 USA Airway Disease Treatment Market By End user
12.2.7 Canada
12.2.7.1 Canada Airway Disease Treatment Market By Type
12.2.7.2 Canada Airway Disease Treatment Market By Treatment
12.2.7.3 Canada Airway Disease Treatment Market By End user
12.2.8 Mexico
12.2.8.1 Mexico Airway Disease Treatment Market By Type
12.2.8.2 Mexico Airway Disease Treatment Market By Treatment
12.2.8.3 Mexico Airway Disease Treatment Market By End user
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Airway Disease Treatment Market by Country
12.3.2.2 Eastern Europe Airway Disease Treatment Market By Type
12.3.2.3 Eastern Europe Airway Disease Treatment Market By Treatment
12.3.2.4 Eastern Europe Airway Disease Treatment Market By End user
12.3.2.5 Poland
12.3.2.5.1 Poland Airway Disease Treatment Market By Type
12.3.2.5.2 Poland Airway Disease Treatment Market By Treatment
12.3.2.5.3 Poland Airway Disease Treatment Market By End user
12.3.2.6 Romania
12.3.2.6.1 Romania Airway Disease Treatment Market By Type
12.3.2.6.2 Romania Airway Disease Treatment Market By Treatment
12.3.2.6.4 Romania Airway Disease Treatment Market By End user
12.3.2.7 Hungary
12.3.2.7.1 Hungary Airway Disease Treatment Market By Type
12.3.2.7.2 Hungary Airway Disease Treatment Market By Treatment
12.3.2.7.3 Hungary Airway Disease Treatment Market By End user
12.3.2.8 Turkey
12.3.2.8.1 Turkey Airway Disease Treatment Market By Type
12.3.2.8.2 Turkey Airway Disease Treatment Market By Treatment
12.3.2.8.3 Turkey Airway Disease Treatment Market By End user
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Airway Disease Treatment Market By Type
12.3.2.9.2 Rest of Eastern Europe Airway Disease Treatment Market By Treatment
12.3.2.9.3 Rest of Eastern Europe Airway Disease Treatment Market By End user
12.3.3 Western Europe
12.3.3.1 Western Europe Airway Disease Treatment Market by Country
12.3.3.2 Western Europe Airway Disease Treatment Market By Type
12.3.3.3 Western Europe Airway Disease Treatment Market By Treatment
12.3.3.4 Western Europe Airway Disease Treatment Market By End user
12.3.3.5 Germany
12.3.3.5.1 Germany Airway Disease Treatment Market By Type
12.3.3.5.2 Germany Airway Disease Treatment Market By Treatment
12.3.3.5.3 Germany Airway Disease Treatment Market By End user
12.3.3.6 France
12.3.3.6.1 France Airway Disease Treatment Market By Type
12.3.3.6.2 France Airway Disease Treatment Market By Treatment
12.3.3.6.3 France Airway Disease Treatment Market By End user
12.3.3.7 UK
12.3.3.7.1 UK Airway Disease Treatment Market By Type
12.3.3.7.2 UK Airway Disease Treatment Market By Treatment
12.3.3.7.3 UK Airway Disease Treatment Market By End user
12.3.3.8 Italy
12.3.3.8.1 Italy Airway Disease Treatment Market By Type
12.3.3.8.2 Italy Airway Disease Treatment Market By Treatment
12.3.3.8.3 Italy Airway Disease Treatment Market By End user
12.3.3.9 Spain
12.3.3.9.1 Spain Airway Disease Treatment Market By Type
12.3.3.9.2 Spain Airway Disease Treatment Market By Treatment
12.3.3.9.3 Spain Airway Disease Treatment Market By End user
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Airway Disease Treatment Market By Type
12.3.3.10.2 Netherlands Airway Disease Treatment Market By Treatment
12.3.3.10.3 Netherlands Airway Disease Treatment Market By End user
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Airway Disease Treatment Market By Type
12.3.3.11.2 Switzerland Airway Disease Treatment Market By Treatment
12.3.3.11.3 Switzerland Airway Disease Treatment Market By End user
12.3.3.1.12 Austria
12.3.3.12.1 Austria Airway Disease Treatment Market By Type
12.3.3.12.2 Austria Airway Disease Treatment Market By Treatment
12.3.3.12.3 Austria Airway Disease Treatment Market By End user
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Airway Disease Treatment Market By Type
12.3.3.13.2 Rest of Western Europe Airway Disease Treatment Market By Treatment
12.3.3.13.3 Rest of Western Europe Airway Disease Treatment Market By End user
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Airway Disease Treatment Market by Country
12.4.3 Asia-Pacific Airway Disease Treatment Market By Type
12.4.4 Asia-Pacific Airway Disease Treatment Market By Treatment
12.4.5 Asia-Pacific Airway Disease Treatment Market By End user
12.4.6 China
12.4.6.1 China Airway Disease Treatment Market By Type
12.4.6.2 China Airway Disease Treatment Market By Treatment
12.4.6.3 China Airway Disease Treatment Market By End user
12.4.7 India
12.4.7.1 India Airway Disease Treatment Market By Type
12.4.7.2 India Airway Disease Treatment Market By Treatment
12.4.7.3 India Airway Disease Treatment Market By End user
12.4.8 Japan
12.4.8.1 Japan Airway Disease Treatment Market By Type
12.4.8.2 Japan Airway Disease Treatment Market By Treatment
12.4.8.3 Japan Airway Disease Treatment Market By End user
12.4.9 South Korea
12.4.9.1 South Korea Airway Disease Treatment Market By Type
12.4.9.2 South Korea Airway Disease Treatment Market By Treatment
12.4.9.3 South Korea Airway Disease Treatment Market By End user
12.4.10 Vietnam
12.4.10.1 Vietnam Airway Disease Treatment Market By Type
12.4.10.2 Vietnam Airway Disease Treatment Market By Treatment
12.4.10.3 Vietnam Airway Disease Treatment Market By End user
12.4.11 Singapore
12.4.11.1 Singapore Airway Disease Treatment Market By Type
12.4.11.2 Singapore Airway Disease Treatment Market By Treatment
12.4.11.3 Singapore Airway Disease Treatment Market By End user
12.4.12 Australia
12.4.12.1 Australia Airway Disease Treatment Market By Type
12.4.12.2 Australia Airway Disease Treatment Market By Treatment
12.4.12.3 Australia Airway Disease Treatment Market By End user
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Airway Disease Treatment Market By Type
12.4.13.2 Rest of Asia-Pacific Airway Disease Treatment Market By Treatment
12.4.13.3 Rest of Asia-Pacific Airway Disease Treatment Market By End user
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Airway Disease Treatment Market by Country
12.5.2.2 Middle East Airway Disease Treatment Market By Type
12.5.2.3 Middle East Airway Disease Treatment Market By Treatment
12.5.2.4 Middle East Airway Disease Treatment Market By End user
12.5.2.5 UAE
12.5.2.5.1 UAE Airway Disease Treatment Market By Type
12.5.2.5.2 UAE Airway Disease Treatment Market By Treatment
12.5.2.5.3 UAE Airway Disease Treatment Market By End user
12.5.2.6 Egypt
12.5.2.6.1 Egypt Airway Disease Treatment Market By Type
12.5.2.6.2 Egypt Airway Disease Treatment Market By Treatment
12.5.2.6.3 Egypt Airway Disease Treatment Market By End user
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Airway Disease Treatment Market By Type
12.5.2.7.2 Saudi Arabia Airway Disease Treatment Market By Treatment
12.5.2.7.3 Saudi Arabia Airway Disease Treatment Market By End user
12.5.2.8 Qatar
12.5.2.8.1 Qatar Airway Disease Treatment Market By Type
12.5.2.8.2 Qatar Airway Disease Treatment Market By Treatment
12.5.2.8.3 Qatar Airway Disease Treatment Market By End user
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Airway Disease Treatment Market By Type
12.5.2.9.2 Rest of Middle East Airway Disease Treatment Market By Treatment
12.5.2.9.3 Rest of Middle East Airway Disease Treatment Market By End user
12.5.3 Africa
12.5.3.1 Africa Airway Disease Treatment Market by Country
12.5.3.2 Africa Airway Disease Treatment Market By Type
12.5.3.3 Africa Airway Disease Treatment Market By Treatment
12.5.3.4 Africa Airway Disease Treatment Market By End user
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Airway Disease Treatment Market By Type
12.5.3.5.2 Nigeria Airway Disease Treatment Market By Treatment
12.5.3.5.3 Nigeria Airway Disease Treatment Market By End user
12.5.3.6 South Africa
12.5.3.6.1 South Africa Airway Disease Treatment Market By Type
12.5.3.6.2 South Africa Airway Disease Treatment Market By Treatment
12.5.3.6.3 South Africa Airway Disease Treatment Market By End user
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Airway Disease Treatment Market By Type
12.5.3.7.2 Rest of Africa Airway Disease Treatment Market By Treatment
12.5.3.7.3 Rest of Africa Airway Disease Treatment Market By End user
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Airway Disease Treatment Market by country
12.6.3 Latin America Airway Disease Treatment Market By Type
12.6.4 Latin America Airway Disease Treatment Market By Treatment
12.6.5 Latin America Airway Disease Treatment Market By End user
12.6.6 Brazil
12.6.6.1 Brazil Airway Disease Treatment Market By Type
12.6.6.2 Brazil Airway Disease Treatment Market By Treatment
12.6.6.3 Brazil Airway Disease Treatment Market By End user
12.6.7 Argentina
12.6.7.1 Argentina Airway Disease Treatment Market By Type
12.6.7.2 Argentina Airway Disease Treatment Market By Treatment
12.6.7.3 Argentina Airway Disease Treatment Market By End user
12.6.8 Colombia
12.6.8.1 Colombia Airway Disease Treatment Market By Type
12.6.8.2 Colombia Airway Disease Treatment Market By Treatment
12.6.8.3 Colombia Airway Disease Treatment Market By End user
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Airway Disease Treatment Market By Type
12.6.9.2 Rest of Latin America Airway Disease Treatment Market By Treatment
12.6.9.3 Rest of Latin America Airway Disease Treatment Market By End user
13. Company Profiles
13.1 Sun Pharmaceutical Industries Ltd.
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Product/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Holaira, Inc.
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Product / Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Boehringer Ingelheim International GmBH
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Product / Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 VIDA Diagnostics
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Product / Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 AstraZeneca
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Product/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 GlaxoSmithKline
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Product/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Teva Pharmaceuticals
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Product/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Novartis
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Product/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Pfizer Inc.
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Product/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Zydus Group
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Product/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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