Global Chronic Obstructive Pulmonary Disease Market Overview:
Chronic Obstructive Pulmonary Disease (COPD) is a progressive lung disease that affects everyday life and difficult to get outside. Its symptom includes chronic cough, sputum production, and dyspnea which worsen over time. The increase in COPD globally is attributed to changes in lifestyles, smoking habits and levels of air pollution together with the ageing population. Growing market demand for solutions that reduce hospitalizations, improve quality of life and enable effective remote patient monitoring is expected to drive the market significantly. Further, development and delivery of new treatments, including new bronchodilators, anti-inflammatory drugs and innovative gene therapies, offer potential advances in the treatment of COPD which is expected to fuel the growth. Technological advancements such as telehealth platforms, AI-powered diagnostic tools and digital therapies are revolutionizing COPD market by improving diagnostic accuracy, facilitating continuous monitoring and improving patient education.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Development of New Therapies Such as Long-Acting Bronchodilators and Phosphodiesterase-4 (PDE4) Inhibitors
Market Growth Drivers:
Rising Prevalence of COPD Due to Changing Lifestyle and Exposure to Air Pollution and Growing Demand for Homecare Solutions Such as Home Oxygen Therapy, Nebulizers, Etc.
Challenges:
Lack of Awareness Among People and Limited Availability of Treatment options in Rural Areas
Restraints:
Strict Regulations for Approval of COPD Medicines or Therapies
Opportunities:
Development of Cost-Effective Medications And Other Therapies to Address COPD Treatment for Developing Countries
Competitive Landscape:
The key players are targeting the innovations of the Solutions with better quality, better technical characteristics. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market.
Some of the key players profiled in the report are GSK plc (United Kingdom), AstraZeneca (United Kingdom), Pfizer Inc. (United States), Teva Pharmaceutical Industries Ltd. (Israel), Novartis AG (Switzerland), Boehringer Ingelheim (Germany), Lupin Limited (India), Astellas Pharma (Japan), Abbott Laboratories (United States), Almirall, S.A. (Spain) and Merck & Co., Inc. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Chronic Obstructive Pulmonary Disease market by 2030. Considering Market by Disease Type, the sub-segment i.e. Emphysema will boost the Chronic Obstructive Pulmonary Disease market. Considering Market by Age Group, the sub-segment i.e. Children will boost the Chronic Obstructive Pulmonary Disease market. Considering Market by Treatment Type, the sub-segment i.e. Medication will boost the Chronic Obstructive Pulmonary Disease market. Considering Market by End User, the sub-segment i.e. Hospital & Clinics will boost the Chronic Obstructive Pulmonary Disease market.
What Can be Explored with the Chronic Obstructive Pulmonary Disease Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Chronic Obstructive Pulmonary Disease Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Chronic Obstructive Pulmonary Disease
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Chronic Obstructive Pulmonary Disease market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Chronic Obstructive Pulmonary Disease market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Chronic Obstructive Pulmonary Disease (COPD) Drug & treatment Providers, Healthcare Companies, Government Bodies, Research Organizations, End User Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.