What is COPD Medicine?
Chronic obstructive pulmonary disease (COPD) is a progressive serious lung disease that causes shortness of breath at the start with exertion and predisposes to exacerbations & serious health problem. Its symptoms include issue in respiration, cough, mucus formation & wheezing. individuals with COPD are at increased risk of developing lung cancer, cardiovascular disease & many different health problems. COPD isn't curable, however treatment will relieve symptoms, improve quality of life and reduce the risk of death. The more familiar terms chronic bronchitis and emphysema have usually been used as labels for the condition.
The market study is broken down and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Players from Switzerland will contribute to the maximum growth of Global COPD Medicine market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
GSK (United Kingdom), AstraZeneca (United Kingdom), Boehringer Ingelheim (Germany), Roche (Switzerland), Novartis (Switzerland), Teva (Israel), Chiesi (Italy), Mylan (United States), Sumitomo Dainippon (Japan) and Merck (Germany) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Dr. Reddys Laboratories Ltd (India), F. Hoffmann-La Roche Ltd (Switzerland) and Abbott (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global COPD Medicine market by Type, Application and Region.
On the basis of geography, the market of COPD Medicine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Type, the sub-segment i.e. Emphysema will boost the COPD Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Route of Administration, the sub-segment i.e. Inhalation will boost the COPD Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital pharmacy will boost the COPD Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Treatment Type, the sub-segment i.e. Drugs will boost the COPD Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Drug Class, the sub-segment i.e. Bronchodilators drugs will boost the COPD Medicine market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
European Commission approves Bevespi Aerosphere developed by AstraZeneca
Market Trend
Market Drivers
- High pollution levels as a result of intense industrial activities
- Excessive smoking
- Rapid adoption of sedentary lifestyle
- Growing prevalence of respiratory disorders
- Technological advancements
- New product launches
- Increasing demand for home care therapeutic devices
Opportunities
- Developing healthcare infrastructure in developing countries
- People with COPD are at increased risk of developing heart disease, lung cancer, and several other health conditions
Restraints
- Stringent government regulations
- Patent Expiry of Branded Products and Availability of Generic Equivalents
Challenges
- Patient education
- Self-management
- Medication adherence
- Comorbidity management
Key Target Audience
Biotechnology companies, Research institutes, Pharmaceutical companies, Hospitals and clinics, Ambulatory surgical centers, Academic institutes, Government organizations, Raw materials Vendors, Downstream vendors and end-users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.