Global Corticosteroids Inhalation Formulation Market Growth 2024-2030
Corticosteroid inhalation formulations are a cornerstone in the long-term management of asthma and chronic obstructive pulmonary disease (COPD), aiming to control inflammation in the airways. These formulations deliver corticosteroids directly to the lungs, minimizing systemic absorption and reducing the risk of side effects compared to oral steroids. By reducing inflammation, corticosteroids help prevent asthma attacks and improve lung function. Inhalation devices like metered-dose inhalers (MDIs), dry powder inhalers (DPIs), and nebulizers are commonly used to administer these medications. Advances in inhaler technology have enhanced the precision and efficiency of drug delivery, improving patient adherence and overall disease control. Combination inhalers that pair corticosteroids with bronchodilators are also widely used, providing both anti-inflammatory and bronchodilatory effects in a single formulation.
The global Corticosteroids Inhalation Formulation market size is projected to grow from US$ 19670 million in 2024 to US$ 30310 million in 2030; it is expected to grow at a CAGR of 7.5% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Corticosteroids Inhalation Formulation Industry Forecast” looks at past sales and reviews total world Corticosteroids Inhalation Formulation sales in 2023, providing a comprehensive analysis by region and market sector of projected Corticosteroids Inhalation Formulation sales for 2024 through 2030. With Corticosteroids Inhalation Formulation sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Corticosteroids Inhalation Formulation industry.
This Insight Report provides a comprehensive analysis of the global Corticosteroids Inhalation Formulation landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Corticosteroids Inhalation Formulation portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Corticosteroids Inhalation Formulation market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Corticosteroids Inhalation Formulation and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Corticosteroids Inhalation Formulation.
United States market for Corticosteroids Inhalation Formulation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Corticosteroids Inhalation Formulation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Corticosteroids Inhalation Formulation is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Corticosteroids Inhalation Formulation players cover Recipharm AB, GSK, AstraZeneca, Novartis, Teva Respiratory, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Corticosteroids Inhalation Formulation market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Fluticasone
Budesonide
Mometasone Furoate
Beclomethasone
Other
Segmentation by Application:
Hospitals
Specialty Clinics
Retail Pharmacy Chains
Online Pharmacies
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Recipharm AB
GSK
AstraZeneca
Novartis
Teva Respiratory
Boehringer Ingelheim International
Cipla
Merck
Lupin
Perrigo
Viatris
Organon Group
Key Questions Addressed in this Report
What is the 10-year outlook for the global Corticosteroids Inhalation Formulation market?
What factors are driving Corticosteroids Inhalation Formulation market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Corticosteroids Inhalation Formulation market opportunities vary by end market size?
How does Corticosteroids Inhalation Formulation break out by Type, by Application?
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