Global Asthma Market, Insight, Size, Share, Development, Growth and Demand Forecast to 2020

Asthma is a respiratory condition, where the airways become inflamed and narrow, which can cause a serious and incurable condition if left untreated. Breathlessness, wheezing and coughing are some of the symptoms of asthma and it can be controlled by avoiding triggers and with the help of drug therapy. Environmental triggers may vary from consumer to consumer but it can include exercise, smoke, cold air and other allergens such as pollen, dust mites, and infections. The wheezing in asthma begins when the chemicals present in the lungs overreact to the dust mites, cold air and exercise.

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According to Centers for Disease Control and Prevention (CDC), asthma is an ordinary chronic airway disorder which is characterized by swelling of air passages that convey air from mouth and nose to lungs. Asthma is caused generally due to allergies leading to inflammation of lungs. GlaxoSmithKline Pharmaceuticals Limited and Novartis AG are developing once-a-day combination products that are longer acting than currently available drugs and more suitable for patients due to its advantage of being taken only once a day.

The asthma drugs medications can be categorized as relievers, such as beta-2 agonists-soothe, and controllers, such as corticosteroids. On the basis of the treatment type, asthma market can be categorized as bronchodilators, combination therapies and anti-inflammatories. Bronchodilators can further be sub-categorized as short acting bronchodilators, anticholinergic, bronchodilators and long acting bronchodilators. Anti-inflammatories can further be sub-categorized as anti-leukotrienes, inhaled corticosteroids and monoclonal antibodies.

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Many companies are focusing on contract manufacturing outsourcing and some of the major healthcare companies have entered the asthma market in recent years. Increasing awareness about the reimbursement of timely diagnosis for asthma and accessibility of healthcare utensils for the diagnosis of asthma in rural areas are some of the major drivers for the global asthma market. With rising pollution level in urban areas of developing countries, coupled with strengthening healthcare services in these countries, the global asthma market is expected to increase in the coming years.

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Some of the major competitors of global asthma market are, CHIESI Farmaceutici S.p.A., Aerovance, Inc., Ono Pharmaceutical Co., Ltd., GlaxoSmithKline plc, Teva Pharmaceutical Industries Ltd. Merck Sharp & Dohme Corp.(Merck & Co., Inc.), Sunovion Pharmaceuticals, Inc., Novartis AG, C.H. Boehringer Sohn AG & Ko., KG, Astellas Pharma Inc., Schering Corporation, Genentech Inc., and Theravance Inc.

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