The Worldwide Asthma Drugs Industry is Expected to Reach $34 Billion by 2028 - ResearchAndMarkets.com
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Friday, June 17, 2022
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The asthma drugs market is projected to reach US$ 34,136.10 million in 2028 from US$ 24,239.17 million in 2021; it is estimated to grow at a CAGR of 5.0 % during 2021-2028.
Key Points:
- The asthma drugs market is projected to reach US$ 34,136.10 million in 2028 from US$ 24,239.17 million in 2021; it is estimated to grow at a CAGR of 5.0 % during 2021-2028.
- According to a review paper titled "Impact of Air Pollution on Asthma Outcomes" by Tiotiu et.al., air pollution hampered asthma outcomes in adults and children.
- Through these research works, the drug discovery and development for asthma is being expedited, which is driving the asthma drug market.
- Various recommendations were also released, such as stocking up on asthma drugs to prevent the shortage of drugs for asthmatic patients.