Market Size of Global Bronchitis Treatment Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.60 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Bronchitis Treatment Market Analysis
The bronchitis treatment market is expected to grow at a CAGR of 3.6% over the forecast period (2022-2027).
The onset of the COVID-19 pandemic has led to a reduction in the number of patient visits that reduced the number of patients opting for bronchitis treatment, thereby impacting the market growth. For instance, as per a September 2020 published article titled, "Reduction in ambulatory visits for acute, uncomplicated bronchitis: an unintended but welcome result of the coronavirus disease 2019 (COVID-19) pandemic", the COVID-19 pandemic, while challenging for so many other aspects of antimicrobial stewardship, has led to an overall net reduction in ambulatory adults seeking care for bronchitis in the health system and has resulted in a dramatic reduction in antibiotic prescriptions for the condition. As a result, the impact of COVID-19 on the market was adverse during the initial phase of the pandemic.
Further, the major factors fueling the market's growth are the rise in the geriatric population with an augmented incidence of bronchitis, the growing prevalence of chronic obstructive pulmonary disease (COPD), an upsurge in the smoking populace, and rising levels of chemical pollutants.
The increased prevalence of COPD is a major factor driving the market growth. For instance, as per the House of Commons 2022, NHS Digital data shows that in 2020-2021, approximately 1.17 million people in England have been diagnosed with COPD, which is around 1.9% of the population. Also, as per a June 2021 update by the World Health Organization (WHO), chronic obstructive pulmonary disease (COPD) is the third leading cause of death worldwide, causing 3.23 million deaths in 2019. Thus, the increasing burden of COPD is leading to increasing demand for bronchitis treatment, as chronic bronchitis is one of the most common conditions leading to COPD, thereby contributing to the market growth.
However, the patent expiry of key drugs is a major factor hindering the bronchitis treatment market's growth.
Bronchitis Treatment Industry Segmentation
As per the scope of the report, bronchitis is an inflammation of the lining of bronchial tubes, which is associated with coughing up thickened mucus, which can be discolored. The bronchitis treatment market is segmented by class of drugs (antibiotics, anti-inflammatory drugs, bronchodilators, and other drugs), end user (hospital pharmacies, retail pharmacies, and other end users), type (acute bronchitis and chronic bronchitis), and geography (North America, Europe, Asia-Pacific, Middle East, and Africa and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.
By Class of Drugs | |
Antibiotics | |
Anti-inflammatory Drugs | |
Bronchodilator | |
Other Drugs |
By Type | |
Acute Bronchitis | |
Chronic Bronchitis |
By End User | |
Hospital Pharmacies | |
Retail Pharmacies | |
Other End Users |
By Geography | ||||||||
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Global Bronchitis Treatment Market Size Summary
The bronchitis treatment market is poised for growth, driven by several key factors including the increasing prevalence of chronic obstructive pulmonary disease (COPD) and the rising incidence of bronchitis. The market has faced challenges due to the COVID-19 pandemic, which led to a decrease in patient visits and a reduction in antibiotic prescriptions for bronchitis. However, the growing geriatric population, an upsurge in smoking, and rising levels of chemical pollutants are contributing to the market's expansion. The bronchodilator segment is expected to hold a significant share, as these drugs are essential for easing airway obstruction in bronchitis patients. The demand for bronchitis treatment is further bolstered by the increasing burden of respiratory diseases and the approval of new products by regulatory bodies.
In North America, particularly the United States, the bronchitis treatment market is experiencing significant growth due to the high incidence of bronchitis and COPD, along with strategic initiatives by market players. Companies like AstraZeneca, Novartis, and GlaxoSmithKline are key players in this moderately competitive market. Recent developments, such as the approval of generic inhalation products and tablets for COPD treatment, are expected to further drive market growth. The market's expansion is supported by ongoing strategic initiatives and product approvals, which are anticipated to enhance the availability and effectiveness of bronchitis treatments in the coming years.
Global Bronchitis Treatment Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rise in the Geriatric Population with Increased Incidence of Bronchitis
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1.2.2 Increased Prevalence of COPD Cases
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1.2.3 Increased Smoking and Rising Levels of Chemical Pollutants
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1.3 Market Restraints
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1.3.1 High Cost and Strict Regulation for Drug Approval
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1.4 Porter's Five Forces Analysis
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1.4.1 Threat of New Entrants
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Bargaining Power of Suppliers
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION (Market Size by Value - USD million)
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2.1 By Class of Drugs
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2.1.1 Antibiotics
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2.1.2 Anti-inflammatory Drugs
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2.1.3 Bronchodilator
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2.1.4 Other Drugs
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2.2 By Type
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2.2.1 Acute Bronchitis
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2.2.2 Chronic Bronchitis
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2.3 By End User
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2.3.1 Hospital Pharmacies
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2.3.2 Retail Pharmacies
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2.3.3 Other End Users
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2.4 By Geography
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2.4.1 North America
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2.4.1.1 United States
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2.4.1.2 Canada
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2.4.1.3 Mexico
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2.4.2 Europe
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2.4.2.1 Germany
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2.4.2.2 United Kingdom
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2.4.2.3 France
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2.4.2.4 Italy
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2.4.2.5 Spain
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2.4.2.6 Rest of Europe
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2.4.3 Asia-Pacific
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2.4.3.1 China
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2.4.3.2 Japan
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2.4.3.3 India
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2.4.3.4 Australia
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2.4.3.5 South Korea
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2.4.3.6 Rest of Asia-Pacific
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2.4.4 Middle-East and Africa
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2.4.4.1 GCC
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2.4.4.2 South Africa
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2.4.4.3 Rest of Middle-East and Africa
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2.4.5 South America
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2.4.5.1 Brazil
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2.4.5.2 Argentina
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2.4.5.3 Rest of South America
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Global Bronchitis Treatment Market Size FAQs
What is the current Global Bronchitis Treatment Market size?
The Global Bronchitis Treatment Market is projected to register a CAGR of 3.60% during the forecast period (2024-2029)
Who are the key players in Global Bronchitis Treatment Market?
Sanofi S.A, Lupin Limited, Cadila Healthcare Limited, Boehringer Ingelheim International GmbH and GlaxoSmithKline are the major companies operating in the Global Bronchitis Treatment Market.