The 7 major bronchopulmonary dysplasia markets reached a value of US$ 269.3 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 445.6 Million by 2034, exhibiting a growth rate (CAGR) of 4.68% during 2024-2034.
Report Attribute
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Key Statistics
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---|---|
Base Year |
2023
|
Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 269.3 Million |
Market Forecast in 2034
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US$ 445.6 Million |
Market Growth Rate (2024-2034)
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4.68% |
The bronchopulmonary dysplasia market has been comprehensively analyzed in IMARC's new report titled "Bronchopulmonary Dysplasia Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Bronchopulmonary dysplasia (BPD) refers to a chronic lung disease that primarily affects premature infants who require oxygen therapy and mechanical ventilation for acute respiratory distress syndrome or other neonatal respiratory problems. It is characterized by the abnormal development of lung tissue, inflammation, and scarring, which can lead to chronic respiratory symptoms, including wheezing, coughing, difficulty in breathing, etc. The severity of BPD can vary widely, with some infants experiencing mild indications that improve over time, while others require ongoing medical treatment and may develop long-term complications such as pulmonary hypertension, developmental delay, and growth impairment. The diagnosis of the ailment is typically made based on the infant's medical history, physical exam, and diagnostic tests. Several laboratory investigations are performed, including a chest X-ray, blood gas analysis, pulmonary function tests, and echocardiography to evaluate lung function, oxygen levels, and blood flow. In many cases, a lung biopsy may be necessary to confirm the diagnosis and rule out other respiratory conditions.
The increasing cases of lung injury and inflammation caused by several risk factors, including mechanical ventilation, oxygen toxicity, infections like pneumonia and sepsis, etc., are primarily driving the bronchopulmonary dysplasia market. Furthermore, the inflating application of bronchodilators, such as beta-agonists and anticholinergics, for relieving breathing difficulties in infants with BPD is acting as another significant growth-inducing factor. Apart from this, the emerging popularity of diuretics, since they reduce fluid buildup in the lungs, which can help improve breathing and lower the risk of complications like pneumonia, is creating a positive outlook for the market. Moreover, the growing awareness regarding the long-term effects of BPD on infants has led to an increased interest in the development of new therapies and better management strategies. This, in turn, is also propelling the market growth. Additionally, the escalating demand for non-invasive ventilation, such as nasal continuous positive airway pressure (nCPAP), on account of its numerous associated benefits, including improved oxygenation and reduced need for invasive mechanical ventilation, is expected to drive the bronchopulmonary dysplasia market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the bronchopulmonary dysplasia 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 bronchopulmonary dysplasia 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 bronchopulmonary dysplasia 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 bronchopulmonary dysplasia marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
---|---|
Pneumostem | Medipost |
UMC 119 01 | Meridigen Biotech |
AT 100 | Airway Therapeutics |
OHB-607 | Oak Hill Bio/ Takeda |
*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
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