The Latin America, Middle East and Africa Bronchodilators Market would witness market growth of 7.8% CAGR during the forecast period (2022-2028).
One of the significant parameters responsible for the growth of the bronchodilator market is the decreasing functionality of lungs along with aging. These physical and cognitive changes generally make normal breathing difficult in the elderly. Also, the old adult population is more vulnerable to respiratory disorders like chronic obstructive pulmonary disease (COPD) and asthma.
The rising prevalence of respiratory diseases and the increased levels of air pollution, coupled with the surge in tobacco smokers, are boosting the incidence of infectious diseases among the elderly population, which significantly contribute toward the risk of developing lung disorders and collectively drive the growth of the market.
Anticholinergics are bronchodilators primarily utilized for treating COPD (chronic obstructive pulmonary disease, like emphysema) and asthma. Atrovent treats COPD and can be utilized off-label to treat asthma flares. Patients can get it as a nebulizer solution and inhaler. Revefenacin (Yupelri) is the new medication used regularly to aid those with COPD to breathe easier. Long-acting is taken once a day with a nebulizer.
In Saudi Arabia, the prevalence of the chronic obstructive pulmonary disease is 4.2% among the general population and 14.2% among smokers. In 2014, respiratory disease combined represented the fifth leading cause of death in Saudi Arabia, according to the Ministry of Health (MoH). Around 3388 people with respiratory diseases died in 2014 compared to 1892 in 2010. The rising prevalence of non-communicable diseases or chronic obstructive pulmonary disease will increase the need for medications like bronchodilators, thus, surging the market expansion in the region.
The Brazil market dominated the LAMEA Bronchodilators Market by Country in 2021; thereby, achieving a market value of $388.7 million by 2028. The Argentina market is showcasing a CAGR of 8.4% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 7.5% during (2022 - 2028).
Based on Drug Class, the market is segmented into Beta-Adrenergic, Xanthine Derivatives, and Anticholinergic. Based on Route of Administration, the market is segmented into Nasal (Inhalable), Oral, and Injectable. Based on Disease, the market is segmented into Asthma, Chronic Obstructive Pulmonary Disease (COPD), and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Glenmark Pharmaceuticals Limited, Merck & Co., Inc., GlaxoSmithKline PLC, AstraZeneca PLC, Teva Pharmaceuticals Industries Ltd., Cipla Limited, Viatris, Inc., Novartis AG, Boehringer Ingelheim International GmbH and Sun Pharmaceutical Industries Ltd.
One of the significant parameters responsible for the growth of the bronchodilator market is the decreasing functionality of lungs along with aging. These physical and cognitive changes generally make normal breathing difficult in the elderly. Also, the old adult population is more vulnerable to respiratory disorders like chronic obstructive pulmonary disease (COPD) and asthma.
The rising prevalence of respiratory diseases and the increased levels of air pollution, coupled with the surge in tobacco smokers, are boosting the incidence of infectious diseases among the elderly population, which significantly contribute toward the risk of developing lung disorders and collectively drive the growth of the market.
Anticholinergics are bronchodilators primarily utilized for treating COPD (chronic obstructive pulmonary disease, like emphysema) and asthma. Atrovent treats COPD and can be utilized off-label to treat asthma flares. Patients can get it as a nebulizer solution and inhaler. Revefenacin (Yupelri) is the new medication used regularly to aid those with COPD to breathe easier. Long-acting is taken once a day with a nebulizer.
In Saudi Arabia, the prevalence of the chronic obstructive pulmonary disease is 4.2% among the general population and 14.2% among smokers. In 2014, respiratory disease combined represented the fifth leading cause of death in Saudi Arabia, according to the Ministry of Health (MoH). Around 3388 people with respiratory diseases died in 2014 compared to 1892 in 2010. The rising prevalence of non-communicable diseases or chronic obstructive pulmonary disease will increase the need for medications like bronchodilators, thus, surging the market expansion in the region.
The Brazil market dominated the LAMEA Bronchodilators Market by Country in 2021; thereby, achieving a market value of $388.7 million by 2028. The Argentina market is showcasing a CAGR of 8.4% during (2022 - 2028). Additionally, The UAE market would register a CAGR of 7.5% during (2022 - 2028).
Based on Drug Class, the market is segmented into Beta-Adrenergic, Xanthine Derivatives, and Anticholinergic. Based on Route of Administration, the market is segmented into Nasal (Inhalable), Oral, and Injectable. Based on Disease, the market is segmented into Asthma, Chronic Obstructive Pulmonary Disease (COPD), and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Glenmark Pharmaceuticals Limited, Merck & Co., Inc., GlaxoSmithKline PLC, AstraZeneca PLC, Teva Pharmaceuticals Industries Ltd., Cipla Limited, Viatris, Inc., Novartis AG, Boehringer Ingelheim International GmbH and Sun Pharmaceutical Industries Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Drug Class
- Beta-Adrenergic
- Xanthine Derivatives
- Anticholinergic
By Route of Administration
- Nasal (Inhalable)
- Oral
- Injectable
By Disease
- Asthma
- Chronic Obstructive Pulmonary Disease (COPD)
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Glenmark Pharmaceuticals Limited
- Merck & Co., Inc
- GlaxoSmithKline PLC
- AstraZeneca PLC
- Teva Pharmaceuticals Industries Ltd
- Cipla Limited
- Viatris, Inc
- Novartis AG
- Boehringer Ingelheim International GmbH
- Sun Pharmaceutical Industries Ltd
Unique Offerings
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Bronchodilators Market, by Drug Class
1.4.2 LAMEA Bronchodilators Market, by Route of Administration
1.4.3 LAMEA Bronchodilators Market, by Disease
1.4.4 LAMEA Bronchodilators Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. LAMEA Bronchodilators Market by Drug Class
3.1 LAMEA Beta-Adrenergic Market by Country
3.2 LAMEA Xanthine Derivatives Market by Country
3.3 LAMEA Anticholinergic Market by Country
Chapter 4. LAMEA Bronchodilators Market by Route of Administration
4.1 LAMEA Nasal (Inhalable) Market by Country
4.2 LAMEA Oral Market by Country
4.3 LAMEA Injectable Market by Country
Chapter 5. LAMEA Bronchodilators Market by Disease
5.1 LAMEA Asthma Market by Country
5.2 LAMEA Chronic Obstructive Pulmonary Disease (COPD) Market by Country
5.3 LAMEA Others Market by Country
Chapter 6. LAMEA Bronchodilators Market by Country
6.1 Brazil Bronchodilators Market
6.1.1 Brazil Bronchodilators Market by Drug Class
6.1.2 Brazil Bronchodilators Market by Route of Administration
6.1.3 Brazil Bronchodilators Market by Disease
6.2 Argentina Bronchodilators Market
6.2.1 Argentina Bronchodilators Market by Drug Class
6.2.2 Argentina Bronchodilators Market by Route of Administration
6.2.3 Argentina Bronchodilators Market by Disease
6.3 UAE Bronchodilators Market
6.3.1 UAE Bronchodilators Market by Drug Class
6.3.2 UAE Bronchodilators Market by Route of Administration
6.3.3 UAE Bronchodilators Market by Disease
6.4 Saudi Arabia Bronchodilators Market
6.4.1 Saudi Arabia Bronchodilators Market by Drug Class
6.4.2 Saudi Arabia Bronchodilators Market by Route of Administration
6.4.3 Saudi Arabia Bronchodilators Market by Disease
6.5 South Africa Bronchodilators Market
6.5.1 South Africa Bronchodilators Market by Drug Class
6.5.2 South Africa Bronchodilators Market by Route of Administration
6.5.3 South Africa Bronchodilators Market by Disease
6.6 Nigeria Bronchodilators Market
6.6.1 Nigeria Bronchodilators Market by Drug Class
6.6.2 Nigeria Bronchodilators Market by Route of Administration
6.6.3 Nigeria Bronchodilators Market by Disease
6.7 Rest of LAMEA Bronchodilators Market
6.7.1 Rest of LAMEA Bronchodilators Market by Drug Class
6.7.2 Rest of LAMEA Bronchodilators Market by Route of Administration
6.7.3 Rest of LAMEA Bronchodilators Market by Disease
Chapter 7. Company Profiles
7.1 Glenmark Pharmaceuticals Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Research & Development Expenses
7.1.4 Recent strategies and developments:
7.1.4.1 Product Launches and Product Expansions:
7.2 Merck & Co., Inc.
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.3 GlaxoSmithKline PLC
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.4 AstraZeneca PLC
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Regional Analysis
7.4.4 Research & Development Expenses
7.5 Teva Pharmaceutical Industries Ltd.
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional Analysis
7.5.4 Research & Development Expenses
7.6 Cipla Limited
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Regional Analysis
7.6.4 Research & Development Expense
7.7 Viatris, Inc. (Mylan N.V.)
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.8 Novartis AG
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segmental and Regional Analysis
7.8.4 Research & Development Expense
7.9 Boehringer Ingelheim International Gmbh
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Regional & Segmental Analysis
7.9.4 Research & Development Expenses
7.10. Sun Pharmaceutical Industries Ltd.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Regional & Segmental Analysis
7.10.4 Research & Development Expenses
Companies Mentioned
- Glenmark Pharmaceuticals Limited
- Merck & Co., Inc.
- GlaxoSmithKline PLC
- AstraZeneca PLC
- Teva Pharmaceuticals Industries Ltd.
- Cipla Limited
- Viatris, Inc.
- Novartis AG
- Boehringer Ingelheim International GmbH
- Sun Pharmaceutical Industries Ltd.
Methodology
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