Bronchial Spasms Treatment Market Size To Grow At A CAGR Of 4% In The Forecast Period 2023-2031

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The ‘Global Bronchial Spasms Treatment Market Size, Share, Price, Trends, Growth, Report and Forecast 2023-2031’ by Expert Market Research gives an extensive outlook of the global bronchial spasms treatment market, assessing the market on the basis of its segments like diagnosis, therapeutics, distribution channel, and major regions.

The report studies the latest updates in the market, along with their impact across the market. It also analysis the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.

Bronchial Spasms Treatment Market Size, Share, Trends, Industry, Key Player, Report and Forecast

The key highlights of the report include:

Market Overview (2016-2031)

The increasing cases of pulmonary conditions such as asthma, chronic bronchitis, and emphysema, among others, is driving the demand for bronchial spasm treatment products such as inhalers, bronchodilators, and steroids. Rising applications of short-acting bronchodilators for the treatment of acute bronchial spasms is propelling the bronchial spasms treatment market. In addition, the growing geriatric population and the respiratory issues related to them are further fuelling the demand for efficient and reliable bronchial spasms treatments.

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The growing number of clinical trials aimed towards improving the quality and safety of bronchial spasms treatment products are further bolstering the bronchial spasms treatment market growth. In addition, surging efforts by pharmaceutical firms and various governments to spread awareness about chronic pulmonary disorders are expected to encourage people worldwide to go for check-ups. Increasing diagnoses, rising requirement for bronchial spasms treatment devices and equipment, and improved accessibility of such treatments are expected to catalyse the market in the forecast period.

The rising healthcare expenditure across the emerging economies, coupled with the growing health awareness are the crucial driving factors of the global bronchial spasms treatment market. Efforts and favourable policies of various governments are bringing revolutionary changes in the field of healthcare, extending to greater standards of bronchial spasms treatment procedures and facilities.

Bronchial Spasms Treatment Industry Definition and Major Segments

Bronchial spasms are when the muscles that surround the bronchi constrict, resulting in coughing, wheezing, trouble breathing, and tightening in the chest. Bronchi are the air passages that connect the windpipe to the lungs, and spasms in the bronchi can impede the amount of oxygen entering and leaving the body. Bronchial spasms can be a result of exposure, exertion, or underlying pulmonary condition such as asthma. if left treated, bronchial spasms can be life-threatening. Bronchial spasms treatment aims at providing comfort to the patients using different form of medications such as tablets, nebuliser solutions, and inhalers, among others, depending upon the underlying cause.

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Based on diagnosis, the market can be segmented into:

  • Imaging Test
  • Spirometry Test
  • Others

On the basis of therapeutics, the market can be divided into:

  • Short-Acting Bronchodilators
    • Levalbuterol (Xopenex, Xopenex HFA)
    • Albuterol (AccuNeb, Proventil HFA, ProAir HFA, Ventolin HFA)
  • Long-Acting Bronchodilators
    • Aclidinium (Tudorza)
    • Arformoterol (Brovana)
    • Formoterol (Foradil, Perforomist)
    • Glycopyrrolate (Seebri Neohaler)
    • Indacaterol (Arcapta)
    • Olodaterol (Striverdi Respimat)
    • Salmeterol (Serevent)
    • Tiotropium (Spiriva)
  • Inhaled Steroids
    • Salbutamol
  • Oral or Intravenous Steroids

By distribution channel, the market can be segmented into:

  • Hospitals
  • Diagnostic Centres
  • Clinics
  • Others

On the basis of region, the market can be categorised into:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Bronchial Spasms Treatment Market Trends

The key trends in the global bronchial spasms treatment market include the increasing concerns pertaining to the growing prevalence of respiratory disorders further escalated by degrading air quality, lack of exercise, and hectic lifestyles. Increasing funding by various governments to facilitate clinical trials and to innovate more efficient therapeutics and medications are further adding to the market growth.

Technical upgradations and advancements in the treatment infrastructure, such as the development of smart inhalers and IoT enabled treatment devices are expected to be the crucial trends in the bronchial spasms treatment market. Moreover, these treatments are expected to become more accessible owing to the rapid expansion of online retail within the pharmaceutical sector.

Bronchial spasms are frequently experienced by those working in jobs that expose them to hazardous materials such as smoke, chemicals, vapours, and fumes. Pulmonary conditions also have a strong genetic component, and with increasing awareness, patients are taking extra precautions to treat early signs of bronchial spasms.

In geographical terms, North America holds a decent share in the bronchial spasms treatment market. High healthcare expenditure across strong economies such as the United States are driving the market in this region. Increasing cases of pulmonary conditions across the region, coupled with the high health awareness, is further boosting the market growth.

Key Market Players

The major players in the bronchial spasms treatment market report are:

  • Novartis International AG
  • GSK plc
  • Merck & Co., Inc.
  • AstraZeneca plc
  • C. H. Boehringer Sohn Co. KG
  • Teva Pharmaceutical Industries Ltd.
  • Viatris Inc.
  • Sunovion Pharmaceuticals Inc.
  • Amphstar Pharmaceuticals, Inc.
  • Pfizer, Inc.

The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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