The global Chronic Obstructive Pulmonary Disease Market size was valued at USD 22.26 billion in 2021 growing at a CAGR of 13.1% from 2022 to 2032. Chronic obstructive pulmonary disease is a chronic lung disease that stops airflow from the lungs. Several symptoms of COPD include coughing, dyspnea, mucus production, and wheezing.
The driving factor of the Chronic Obstructive Pulmonary Disease Market are:
- Increase in incidence and the prevailing
- Upsurge in demand for the drugs
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Key Highlights:
- The global Chronic Obstructive Pulmonary Disease Market size was valued at USD 26 billion in 2021 growing at a CAGR of 13.1% from 2022 to 2032.
- North America dominated the market in 2021
- Asia Pacific is expected to fastest-growing at the highest CAGR from 2022 to 2032
Key Players
The Chronic Obstructive Pulmonary Disease Market report gives comprehensive information about the company and its past performance. The report also provides a detailed market share analysis along with product benchmarking with key developments.
The key players profiled in the report are:
- GSK (UK)
- Merck (USA)
- Novartis AG (Switzerland)
- Pfizer Inc (USA)
- AstraZeneca (UK)
- Dr. Reddy’s Laboratories Ltd (India)
- F. Hoffmann-La Roche Ltd (Switzerland)
The Global Chronic Obstructive Pulmonary Disease Market report also includes information on company profiles, product descriptions, revenue, market share data, and contact details for several regional, global, and local companies. Due to increased technological innovation, R&D, and M&A operations in the sector, the market is becoming more popular in particular niche sectors. Additionally, a large number of regional and local vendors in the Chronic Obstructive Pulmonary Disease Market provide specialized product offerings according to geographical regions in keeping with the global manufacturing footprint. Due to the reliability, quality, and technological modernity of the worldwide suppliers, it is difficult for the new market entrants to compete.
COVID Impact
In terms of COVID-19 impact, the Chronic Obstructive Pulmonary Disease Market report also includes the following data points:
- COVID-19 Impact on Chronic Obstructive Pulmonary Disease Market size
- End-User/Industry/Application Trend, and Preferences
- Government Policies/Regulatory Framework
- Key Player’s Strategy to Tackle Negative Impact/Post-COVID Strategies
- Opportunity in the IFF System Market
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Scope of the Report:
Market Segment by COPD Type:
- Emphysema
- Chronic Bronchitis
Market Segment by Treatment Type:
- Drugs
- Surgery
- Oxygen Therapy
Market Segment by End User:
- Hospitals & Clinics
- Home Care Settings
- others
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Key Region/ Countries Covered
- North America (US, Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and the Rest of MEA)
- Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
North America region primes the chronic obstructive pulmonary disease market due to the increase in the patient population suffering from COPD and the strong existence of major market players. Asia-Pacific is projected to expand at a significant growth rate over the forecast period. because of the increase in the patient population suffering from COPD and the high occurrence of respiratory disease.
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