Ongoing research and development (R&D) efforts in the market are driving innovation and contributing to the industry growth.
Pharmaceutical companies are investing in the development of new formulations and delivery methods for bronchodilator medications, aiming to improve efficacy, reduce side effects, and enhance patient convenience. These efforts include the exploration of novel compounds, the development of combination therapies, and the investigation of targeted delivery systems.
For example, recent R&D efforts have focused on the development of ultra-long-acting bronchodilators that provide extended relief for patients with respiratory conditions. One notable advancement is the approval of once-daily long-acting muscarinic antagonists (LAMAs) such as umeclidinium (marketed as Incruse Ellipta) for the treatment of COPD. These medications offer 24-hour bronchodilation and have been shown to improve lung function and reduce exacerbations.
Additionally, the market has seen the approval of combination therapies that combine bronchodilators with other classes of medications, such as corticosteroids or anti-inflammatory agents.
For instance, the approval of combination inhalers containing a long-acting beta-agonist (LABA) and an inhaled corticosteroid (ICS), such as fluticasone/salmeterol (marketed as Advair Diskus), provides comprehensive treatment for patients with asthma and COPD. These new products offer improved symptom control and simplify treatment regimens, driving growth in the market.
Authors:
Mariam Faizullabhoy, Gauri Wani
Frequently Asked Questions (FAQ) :
The bronchodilators market size was valued at USD 30.7 billion in 2023 and is estimated to grow at 4.9% CAGR from 2024 to 2032, owing to the increasing prevalence of respiratory disorders, such as asthma and COPD.
The anticholinergic drugs segment in the market reached USD 9.9 billion in 2023, driven by the effectiveness in managing bronchospasms.
North America bronchodilators market size was USD 11 billion in 2023, attributed to rising air pollution, smoking, and a geriatric population.
Boehringer Ingelheim International GmbH, Cipla Inc., GlaxoSmithKline plc, Glenmark Pharmaceuticals Limited, Innoviva, Medline Plus, Merck & Co., Mylan N.V., Novartis AG, Sun Pharmaceutical Industries Ltd and Teva Pharmaceutical Industries Ltd.