The 7 major bronchitis markets reached a value of US$ 4.4 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 5.7 Billion by 2034, exhibiting a growth rate (CAGR) of 2.42% during 2024-2034.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Size in 2023
|
US$ 4.4 Billion |
Market Forecast in 2034
|
US$ 5.7 Billion |
Market Growth Rate 2024-2034 | 2.42% |
The bronchitis market has been comprehensively analyzed in IMARC's new report titled "Bronchitis Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Bronchitis is an illness that occurs when the airways in the lungs, referred to as bronchial tubes, become inflamed and produce coughing, typically with mucus production. Depending on the duration of the disease, bronchitis is classified as acute or chronic. The common symptoms of this ailment include respiratory problems like chest congestion, coughing with mucus that's clear, yellow, white, or green in color, shortness of breath, fatigue, wheezing, or a whistling sound while breathing. In some cases of acute bronchitis, individuals may additionally experience body aches and chills, low fever, runny or stuffy nose, sore throat, etc. The diagnosis of this condition is typically made by reviewing the patient's medical history, lifestyle choices, and clinical features. Numerous other frequent investigations utilized to confirm a diagnosis include physical examinations, blood workups, pulmonary function tests, sputum tests, etc. The healthcare professional may also perform chest X-rays to detect the possible cause of disease indications among patients.
The increasing cases of bacterial and viral infections, which can irritate the bronchial tubes and cause airway inflammation, are primarily driving the bronchitis market. Apart from this, the rising incidences of respiratory disorders caused by exposure to hazardous materials, such as chemical fumes and dust, high levels of air pollution, smoking, etc., are also bolstering the market growth. Furthermore, the widespread adoption of effective drugs, including antibiotics, bronchodilators, anti-inflammatories, etc., that can open airways within the lungs and aid symptom relief among patients is creating a positive outlook for the market. Besides this, the escalating utilization of bronchial rheoplasty, which involves the application of nonthermal pulsed electrical fields to ablate the abnormal mucus-producing cells and promote healthy regeneration of the airway epithelium, is also augmenting the market growth. Additionally, numerous key players are making extensive investments in research activities to innovate novel diagnostic tools for the early detection and better monitoring of the disease. This, in turn, is acting as another significant growth-inducing factor. Moreover, the emerging popularity of targeted lung denervation technique that aims to improve airflow blockages by disrupting the parasympathetic pulmonary nerves and decreasing the release of acetylcholine is expected to drive the bronchitis market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the bronchitis market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for bronchitis and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the bronchitis market in any manner.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current bronchitis marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Atrovent HFA (Ipratropium bromide hydrofluoroalkane inhalation) | Boehringer Ingelheim |
Avelox (Moxifloxacin) | Bayer |
Levaquin (Levofloxacin) | Daiichi Sankyo |
Zithromax (azithromycin) | Pfizer |
HL301 | Hanlim Pharmaceutical |
AG 1904 | Ahn-Gook Pharmaceutical |
MEDI3506 | AstraZeneca |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Bronchitis: Current Treatment Scenario, Marketed Drugs and Emerging Therapies