The 7 major chronic obstructive pulmonary disease markets reached a value of US$ 13,464.0 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 18,551.6 Million by 2034, exhibiting a growth rate (CAGR) of 2.96% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 13,464.0 Million
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Market Forecast in 2034
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US$ 18,551.6 Million
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Market Growth Rate 2024-2034
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2.96% |
The chronic obstructive pulmonary disease market has been comprehensively analyzed in IMARC's new report titled "Chronic Obstructive Pulmonary Disease Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Chronic obstructive pulmonary disease (COPD) refers to a chronic respiratory disorder characterized by persistent airflow limitation due to the inflammation of airways and destruction of lung tissue. The most common symptoms of the ailment include shortness of breath, wheezing, chest tightness, chronic cough, excess mucus production, etc. These indications can make it difficult for individuals with COPD to breathe, leading to fatigue, difficulty with physical activity, and reduced quality of life. In advanced stages, COPD can also cause weight loss, depression, and other systemic effects. The diagnosis of the ailment typically involves a combination of medical history, physical examination, lung function tests, and imaging studies. The medical history may include questions about the symptoms, smoking, exposure to environmental irritants, and family history of lung disease. Numerous imaging procedures, such as chest X-rays and CT scans, help identify structural abnormalities in the lungs. In some cases, the healthcare professional may also perform a blood test to evaluate other potential causes of the symptoms.
The increasing incidences of prolonged exposure to lung irritants like tobacco smoke and air pollutants, which damage the lungs by causing inflammation as well as narrowing of the airways, are primarily driving the chronic obstructive pulmonary disease market. In addition to this, the rising prevalence of several associated risk factors, such as exposure to chemical fumes, genetic predisposition, certain respiratory infections, including pneumonia and bronchitis, etc., is also bolstering the market growth. Furthermore, the widespread adoption of numerous medications, such as bronchodilators, corticosteroids, phosphodiesterase-4 inhibitors, etc., to open the airways, reduce inflammation, and improve lung functioning is acting as another growth-inducing factor. Besides this, the escalating utilization of lung volume reduction surgery (LVRS) for treating selected patients with severe COPD who have significant emphysema is further creating a positive outlook for the market. The LVRS procedure involves removing portions of damaged lung tissue, which helps to increase the elasticity of remaining lung tissues and enhances breathing efficiency. Moreover, the emerging popularity of non-invasive ventilation for improving breathing and oxygenation without the need for invasive procedures like intubation or mechanical ventilation in patients with severe COPD exacerbations, is expected to drive the chronic obstructive pulmonary disease market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the chronic obstructive pulmonary disease market in the United States, EU4 (Germany, Spain, Italy, and France), 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 chronic obstructive pulmonary disease and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, 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 chronic obstructive pulmonary disease market in any manner.
Incruse Ellipta is an anticholinergic that has been licensed in the United States for the long-term, once-daily maintenance therapy of airflow obstruction in patients with chronic obstructive pulmonary disease. Incruse contains 62.5 mcg of umeclidinium given via the Ellipta inhaler.
Ensifentrine is a first-in-class, selective dual inhibitor of the phosphodiesterase 3 and 4 enzymes that combines bronchodilator and anti-inflammatory properties in a single molecule. In the Phase 3 ENHANCE-1 and ENHANCE-2 clinical trials, ensifentrine demonstrated significant and clinically meaningful improvements in lung function measurements while also lowering the rate of COPD exacerbations.
Tezspire (tezepelumab) is being developed by AstraZeneca in collaboration with Amgen as a first-in-class human monoclonal antibody that inhibits the action of thymic stromal lymphopoietin (TSLP). This key epithelial cytokine sits at the top of multiple inflammatory cascades. It is critical in the initiation and persistence of allergic, eosinophilic, and other types of airway inflammation associated with severe asthma, including airway hyperresponsiveness.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current chronic obstructive pulmonary disease marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Incruse Ellipta (Umeclidinium) | GlaxoSmithKline |
Yupelri (Revefenacin) | Viatris/Theravance Biopharma |
Bevespi Aerosphere (Formoterol/glycopyrrolate) | AstraZeneca |
Duaklir Pressair (Aclidinium bromide/formoterol) | Covis Pharma |
Striverdi Respimat (Olodaterol) | Boehringer Ingelheim |
Ensifentrine | Verona Pharma |
Tezepelumab | Amgen/AstraZeneca |
Dupilumab | Regeneron/Sanofi |
SELK2 | Tetherex Pharmaceuticals |
GSK3923868 | GlaxoSmithKline |
*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
Chronic Obstructive Pulmonary Disease: Current Treatment Scenario, Marketed Drugs and Emerging Therapies