Asia-Pacific bronchitis treatment market is projected to witness considerable growth during the forecast period. Increasing prevalence of asthmatic patients in the region, especially in China is one among the major factors contributing to the growth of the global bronchitis treatment market. The growing demand for advanced healthcare facilities in emerging economies of the region along with increasing focus of major market players towards the development of innovative products by collaborating with other market players in the region are some other factors that are significantly contributing in the market growth. Moreover, the rising industrialization is further leading to rise in incidence rate of bronchitis in the emerging economies, such as India and China, which in turn, is augmenting to the growth of the bronchitis treatment market in Asia-Pacific.
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The bronchitis treatment market is classified on the basis of type of treatment, which includes drugs and oxygen therapy. The drugs segment is further segregated into antibiotics, anti-inflammatory drugs, bronchodilators, and others. Among these types of treatments, the drugs find its significant application in the bronchitis treatment across the globe. In addition, the bronchodilator is estimated to project a considerable CAGR during the forecast period. Bronchodilators are the first-line medication used to treatment of bronchitis, to clear the airway obstruction, which is considered as first-step in chronic bronchitis to ease breathing problems.
Geographically, Asia-Pacific bronchitis treatment market is analyzed for China, Japan, India, and rest of Asia-Pacific. China contributed the major share in Asia-Pacific bronchitis treatment market in 2019 and is expected to retain at its position during the forecast period. The dominance of China in Asia-Pacific market is mainly due to the rising industrialization, which is leading to the rising cases of bronchitis in the country. India is projected to exhibit a considerable CAGR in Asia-Pacific bronchitis treatment market during the forecast period, owing to the rising expenditure on the healthcare and expansion of leading market players in India.
Therefore, with the rise in the industrial sector, the pollution is further expected to increase during the forecast period. This, in turn, will lead to rise in the respiratory diseases, such as asthma, lung cancer, bronchitis, and others. Thus, the bronchitis treatment market is expected to spur in Asia-Pacific during the forecast period. Realizing this factor as well as ease of FDI, the global market players are expanding their reach and manufacturing units these Asia-Pacific economies. Therefore, along with the rise in the domestic manufacturers, small and medium enterprises (SMEs), and expansion of global companies, the pollution will sustainably increase, leading to the rise in demand for bronchitis treatment market in the region.
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Asia-Pacific Bronchitis Treatment Market – Segmentation
By Technology
- Medication
- Antibiotics
- Anti-inflammatory drugs
- Bronchodilators
- Others (Mucolytics)
- Oxygen Therapy
Asia-Pacific Bronchitis Treatment Market – Segmentation by Geography
- China
- India
- Japan
- Rest of Asia-Pacific
Company Profiles
- Abbott Laboratories
- Aurobindo Pharma Ltd.
- Bayer AG
- Boehringer Ingelheim International GmbH
- Cipla Ltd.
- Dr Reddy’s Laboratories Ltd.
- GlaxoSmithKline PLC
- Lupin Pharmaceuticals, Inc.
- Merck & Co., Inc.
- Novartis AG
- Pfizer Inc.
- Sanofi SA
- Teva Pharmaceutical Industries Ltd.
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