The Airway Disease Treatment Market size was estimated 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
Asthma
Chronic Obstructive Pulmonary Disorder
Bronchiectasis
By Treatment
Bronchodilators
Corticosteroids
Cytotoxic Drugs
Oxygen Therapy
Antibiotics
Others
By End User
Hospitals
Diagnostic laboratories
Research and Academic Institute
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 key players are Holaira, Inc., VIDA Diagnostics, Boehringer Ingelheim International GmBH, AstraZeneca, Teva Pharmaceuticals, GlaxoSmithKline, Novartis, Pfizer Inc., Sun Pharmaceutical Industries Ltd., Zydus Group, Abbvie Inc., Merck & Co 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. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Airway Disease Treatment Market Segmentation, By Type
8.1 Asthma
8.2 Chronic Obstructive Pulmonary Disorder
8.3 Bronchiectasis
9. Airway Disease Treatment Market Segmentation, By Treatment
9.1 Bronchodilators
9.2 Corticosteroids
9.3 Cytotoxic Drugs
9.4 Oxygen Therapy
9.5 Antibiotics
9.6 Others
10. Airway Disease Treatment Market Segmentation, By End User
10.1 Hospitals
10.2 Clinics
10.3 ASCs
10.4 Rehabilitation Centres
10.5 Others
11. Regional Analysis
11.1 Introduction
11.2 North America
11.2.1 North America Airway Disease Treatment Market by Country
11.2.2North America Airway Disease Treatment Market by Type
11.2.3 North America Airway Disease Treatment Market by Treatment
11.2.4 North America Airway Disease Treatment Market by End User
11.2.5 USA
11.2.5.1 USA Airway Disease Treatment Market by Type
11.2.5.2 USA Airway Disease Treatment Market by Treatment
11.2.5.3 USA Airway Disease Treatment Market by End User
11.2.6 Canada
11.2.6.1 Canada Airway Disease Treatment Market by Type
11.2.6.2 Canada Airway Disease Treatment Market by Treatment
11.2.6.3 Canada Airway Disease Treatment Market by End User
11.2.7 Mexico
11.2.7.1 Mexico Airway Disease Treatment Market by Type
11.2.7.2 Mexico Airway Disease Treatment Market by Treatment
11.2.7.3 Mexico Airway Disease Treatment Market by End User
11.3 Europe
11.3.1 Eastern Europe
11.3.1.1 Eastern Europe Airway Disease Treatment Market by Country
11.3.1.2 Eastern Europe Airway Disease Treatment Market by Type
11.3.1.3 Eastern Europe Airway Disease Treatment Market by Treatment
11.3.1.4 Eastern Europe Airway Disease Treatment Market by End User
11.3.1.5 Poland
11.3.1.5.1 Poland Airway Disease Treatment Market by Type
11.3.1.5.2 Poland Airway Disease Treatment Market by Treatment
11.3.1.5.3 Poland Airway Disease Treatment Market by End User
11.3.1.6 Romania
11.3.1.6.1 Romania Airway Disease Treatment Market by Type
11.3.1.6.2 Romania Airway Disease Treatment Market by Treatment
11.3.1.6.4 Romania Airway Disease Treatment Market by End User
11.3.1.7 Turkey
11.3.1.7.1 Turkey Airway Disease Treatment Market by Type
11.3.1.7.2 Turkey Airway Disease Treatment Market by Treatment
11.3.1.7.3 Turkey Airway Disease Treatment Market by End User
11.3.1.8 Rest of Eastern Europe
11.3.1.8.1 Rest of Eastern Europe Airway Disease Treatment Market by Type
11.3.1.8.2 Rest of Eastern Europe Airway Disease Treatment Market by Treatment
11.3.1.8.3 Rest of Eastern Europe Airway Disease Treatment Market by End User
11.3.2 Western Europe
11.3.2.1 Western Europe Airway Disease Treatment Market by Type
11.3.2.2 Western Europe Airway Disease Treatment Market by Treatment
11.3.2.3 Western Europe Airway Disease Treatment Market by End User
11.3.2.4 Germany
11.3.2.4.1 Germany Airway Disease Treatment Market by Type
11.3.2.4.2 Germany Airway Disease Treatment Market by Treatment
11.3.2.4.3 Germany Airway Disease Treatment Market by End User
11.3.2.5 France
11.3.2.5.1 France Airway Disease Treatment Market by Type
11.3.2.5.2 France Airway Disease Treatment Market by Treatment
11.3.2.5.3 France Airway Disease Treatment Market by End User
11.3.2.6 UK
11.3.2.6.1 UK Airway Disease Treatment Market by Type
11.3.2.6.2 UK Airway Disease Treatment Market by Treatment
11.3.2.6.3 UK Airway Disease Treatment Market by End User
11.3.2.7 Italy
11.3.2.7.1 Italy Airway Disease Treatment Market by Type
11.3.2.7.2 Italy Airway Disease Treatment Market by Treatment
11.3.2.7.3 Italy Airway Disease Treatment Market by End User
11.3.2.8 Spain
11.3.2.8.1 Spain Airway Disease Treatment Market by Type
11.3.2.8.2 Spain Airway Disease Treatment Market by Treatment
11.3.2.8.3 Spain Airway Disease Treatment Market by End User
11.3.2.9 Netherlands
11.3.2.9.1 Netherlands Airway Disease Treatment Market by Type
11.3.2.9.2 Netherlands Airway Disease Treatment Market by Treatment
11.3.2.9.3 Netherlands Airway Disease Treatment Market by End User
11.3.2.10 Switzerland
11.3.2.10.1 Switzerland Airway Disease Treatment Market by Type
11.3.2.10.2 Switzerland Airway Disease Treatment Market by Treatment
11.3.2.10.3 Switzerland Airway Disease Treatment Market by End User
11.3.2.11. Austria
11.3.2.11.1 Austria Airway Disease Treatment Market by Type
11.3.2.11.2 Austria Airway Disease Treatment Market by Treatment
11.3.2.11.3 Austria Airway Disease Treatment Market by End User
11.3.2.12 Rest of Western Europe
11.3.2.12.1 Rest of Western Europe Airway Disease Treatment Market by Type
11.3.2.12.2 Rest of Western Europe Airway Disease Treatment Market by Treatment
11.3.2.12.3 Rest of Western Europe Airway Disease Treatment Market by End User
11.4 Asia-Pacific
11.4.1 Asia-Pacific Airway Disease Treatment Market by Country
11.4.2 Asia-Pacific Airway Disease Treatment Market by Type
11.4.3 Asia-Pacific Airway Disease Treatment Market by Treatment
11.4.4 Asia-Pacific Airway Disease Treatment Market by End User
11.4.5 China
11.4.5.1 China Airway Disease Treatment Market by Type
11.4.5.2 China Airway Disease Treatment Market by End User
11.4.5.3 China Airway Disease Treatment Market by Treatment
11.4.6 India
11.4.6.1 India Airway Disease Treatment Market by Type
11.4.6.2 India Airway Disease Treatment Market by Treatment
11.4.6.3 India Airway Disease Treatment Market by End User
11.4.7 Japan
11.4.7.1 Japan Airway Disease Treatment Market by Type
11.4.7.2 Japan Airway Disease Treatment Market by Treatment
11.4.7.3 Japan Airway Disease Treatment Market by End User
11.4.8 South Korea
11.4.8.1 South Korea Airway Disease Treatment Market by Type
11.4.8.2 South Korea Airway Disease Treatment Market by Treatment
11.4.8.3 South Korea Airway Disease Treatment Market by End User
11.4.9 Vietnam
11.4.9.1 Vietnam Airway Disease Treatment Market by Type
11.4.9.2 Vietnam Airway Disease Treatment Market by Treatment
11.4.9.3 Vietnam Airway Disease Treatment Market by End User
11.4.10 Singapore
11.4.10.1 Singapore Airway Disease Treatment Market by Type
11.4.10.2 Singapore Airway Disease Treatment Market by Treatment
11.4.10.3 Singapore Airway Disease Treatment Market by End User
11.4.11 Australia
11.4.11.1 Australia Airway Disease Treatment Market by Type
11.4.11.2 Australia Airway Disease Treatment Market by Treatment
11.4.11.3 Australia Airway Disease Treatment Market by End User
11.4.12 Rest of Asia-Pacific
11.4.12.1 Rest of Asia-Pacific Airway Disease Treatment Market by Type
11.4.12.2 Rest of Asia-Pacific Airway Disease Treatment Market by Treatment
11.4.12.3 Rest of Asia-Pacific Airway Disease Treatment Market by End User
11.5 Middle East & Africa
11.5.1 Middle East
11.5.1.1 Middle East Airway Disease Treatment Market by Country
11.5.1.2 Middle East Airway Disease Treatment Market by Type
11.5.1.3 Middle East Airway Disease Treatment Market by Treatment
11.5.1.4 Middle East Airway Disease Treatment Market by End User
11.5.1.5 UAE
11.5.1.5.1 UAE Airway Disease Treatment Market by Type
11.5.1.5.2 UAE Airway Disease Treatment Market by Treatment
11.5.1.5.3 UAE Airway Disease Treatment Market by End User
11.5.1.6 Egypt
11.5.1.6.1 Egypt Airway Disease Treatment Market by Type
11.5.1.6.2 Egypt Airway Disease Treatment Market by Treatment
11.5.1.6.3 Egypt Airway Disease Treatment Market by End User
11.5.1.7 Saudi Arabia
11.5.1.7.1 Saudi Arabia Airway Disease Treatment Market by Type
11.5.1.7.2 Saudi Arabia Airway Disease Treatment Market by Treatment
11.5.1.7.3 Saudi Arabia Airway Disease Treatment Market by End User
11.5.1.8 Qatar
11.5.1.8.1 Qatar Airway Disease Treatment Market by Type
11.5.1.8.2 Qatar Airway Disease Treatment Market by Treatment
11.5.1.8.3 Qatar Airway Disease Treatment Market by End User
11.5.1.9 Rest of Middle East
11.5.1.9.1 Rest of Middle East Airway Disease Treatment Market by Type
11.5.1.9.2 Rest of Middle East Airway Disease Treatment Market by Treatment
11.5.1.9.3 Rest of Middle East Airway Disease Treatment Market by End User
11.5.2 Africa
11.5.2.1 Africa Transfusion Diagnostics Market by Country
11.5.2.2 Africa Airway Disease Treatment Market by Type
11.5.2.3 Africa Airway Disease Treatment Market by Treatment
11.5.2.4 Africa Airway Disease Treatment Market by End User
11.5.2.5 Nigeria
11.5.2.5.1 Nigeria Airway Disease Treatment Market by Type
11.5.2.5.2 Nigeria Airway Disease Treatment Market by Treatment
11.5.2.5.3 Nigeria Airway Disease Treatment Market by End User
11.5.2.6 South Africa
11.5.2.6.1 South Africa Airway Disease Treatment Market by Type
11.5.2.6.2 South Africa Airway Disease Treatment Market by Treatment
11.5.2.6.3 South Africa Airway Disease Treatment Market by End User
11.5.2.7 Rest of Africa
11.5.2.7.1 Rest of Africa Airway Disease Treatment Market by Type
11.5.2.7.2 Rest of Africa Airway Disease Treatment Market by Treatment
11.5.2.7.3 Rest of Africa Airway Disease Treatment Market by End User
11.6 Latin America
11.6.1 Latin America Airway Disease Treatment Market by Country
11.6.2 Latin America Airway Disease Treatment Market by Type
11.6.3 Latin America Airway Disease Treatment Market by Treatment
11.6.4 Latin America Airway Disease Treatment Market by End User
11.6.5 Brazil
11.6.5.1 Brazil Airway Disease Treatment Market by Type
11.6.5.2 Brazil Airway Disease Treatment Market by Treatment
11.6.5.3 Brazil Airway Disease Treatment Market by End User
11.6.6 Argentina
11.6.6.1 Argentina Airway Disease Treatment Market by Type
11.6.6.2 Argentina Airway Disease Treatment Market by Treatment
11.6.6.3 Argentina Airway Disease Treatment Market by End User
11.6.7 Colombia
11.6.7.1 Colombia Airway Disease Treatment Market by Type
11.6.7.2 Colombia Airway Disease Treatment Market by Treatment
11.6.7.3 Colombia Airway Disease Treatment Market by End User
11.6.8 Rest of Latin America
11.6.8.1 Rest of Latin America Airway Disease Treatment Market by Type
11.6.8.2 Rest of Latin America Airway Disease Treatment Market by Treatment
11.6.8.3 Rest of Latin America Airway Disease Treatment Market by End User
12 Company Profile
12.1 Holaira, Inc.
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Product/ Services Offered
12.1.4 SWOT Analysis
12.1.5 The SNS View
12.2 VIDA Diagnostics
12.2.1 Company Overview
12.2.2 Financials
12.2.3 Product/Services Offered
12.2.4 SWOT Analysis
12.2.5 The SNS View
12.3 Boehringer Ingelheim International GmBH
12.3.1 Company Overview
12.3.2 Financials
12.3.3 Product/Services Offered
12.3.4 SWOT Analysis
12.3.5 The SNS View
12.4 AstraZeneca
12.4.1 Company Overview
12.4.2 Financials
12.4.3 Product/Services Offered
12.4.4 SWOT Analysis
12.4.5 The SNS View
12.5 Teva Pharmaceuticals
12.5.1 Company Overview
12.5.2 Financials
12.5.3 Product/Services Offered
12.5.4 SWOT Analysis
12.5.5 The SNS View
12.6 GlaxoSmithKline
12.6.1 Company Overview
12.6.2 Financials
12.6.3 Product/Services Offered
12.6.4 SWOT Analysis
12.6.5 The SNS View
12.7 Novartis
12.7.1 Company Overview
12.7.2 Financials
12.7.3 Product/Services Offered
12.7.4 SWOT Analysis
12.7.5 The SNS View
12.8 Pfizer Inc.
12.8.1 Company Overview
12.8.2 Financials
12.8.3 Product/Services Offered
12.8.4 SWOT Analysis
12.8.5 The SNS View
12.9 Sun Pharmaceutical Industries Ltd.
12.9.1 Company Overview
12.9.2 Financials
12.9.3 Product/Services Offered
12.9.4 SWOT Analysis
12.9.5 The SNS View
12.10 Zydus Group
12.10.1 Company Overview
12.10.2 Financials
12.10.3 Product/Services Offered
12.10.4 SWOT Analysis
12.10.5 The SNS View
12.11 Abbvie Inc.
12.11.1 Company Overview
12.11.2 Financials
12.11.3 Product/Services Offered
12.11.4 SWOT Analysis
12.11.5 The SNS View
12.12 Merck & Co Inc.
12.12.1 Company Overview
12.12.2 Financials
12.12.3 Product/Services Offered
12.12.4 SWOT Analysis
12.12.5 The SNS View
13. Competitive Landscape
13.1 Competitive Bench marking
13.2 Market Share Analysis
13.3 Recent Developments
13.3.1 Industry News
13.3.2 Company News
13.3.3 Mergers & Acquisitions
14. Use Case and Best Practices
15. Conclusion
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