Global Markets for Ashtma and COPD Drugs

December 29, 2009

 

Wellesley, Mass. – According to a new technical market research report, GLOBAL MARKETS FOR ASTHMA AND COPD DRUGS (PHM059A) from BCC Research (www.bccresearch.com), the global market for drugs to treat asthma and chronic obstructive pulmonary disease (COPD) is estimated to be worth nearly $27 billion in 2009. That is expected to increase to $31.4 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 3.3%.

The largest segment of the market, asthma drugs, is expected to increase at a CAGR of 1.2%, from $16.2 billion in 2009 to $17.2 billion in 2014.
 
The other segment, COPD drugs, is estimated to be worth $10.5 billion in 2009, and is projected to increase to $14.2 billion in 2014, for a 5-year CAGR of 6.1%
 

SUMMARY FIGURE
GLOBAL MARKET FOR ASTHMA AND COPD DRUGS, 2007-2014
($ MILLIONS)
GLOBAL MARKET FOR ASTHMA AND COPD DRUGS,  2007-2014
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Source: BCC Research
 
Asthma and COPD are two diseases experiencing increasing prevalence globally due to a combination of factors, including the aging of the population and rising pollution levels, particularly in emerging countries. COPD is one of the top five causes of disability and death in industrialized countries and the fourth-leading cause of death globally.
 
In 2008, there were six blockbuster drugs in this market, including GlaxoSmithKline’s Advair/Seretide, Merck’s Singulair, Boehringer Ingelheim’s Spiriva, and AstraZeneca’s Symbicort. These drugs have enjoyed tremendous commercial success since their introduction to market; however, the revenues of several blockbuster drugs are projected to be threatened by expected patent expirations and increasing market competition resulting from the launch of new products and generic versions of currently marketed drugs.
 
This study outlines the industry structure, competitive aspects, current developments, and future trends in the market, to assist in identifying areas of commercial interest and potential in the asthma and COPD indications.
 
This report provides information that is useful for business planners, market researchers, marketers, business developers, investors, venture capitalists, consultants, and anyone who wants to understand or invest in this market.

Global Markets for Asthma and COPD Drugs( PHM059A )
Publish Date: Oct 2009    

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