Bronchodilators Market Size, Share, Growth Analysis, By Drug Type(Beta2-Adrenergic Agonists, Sympathomimetics, Anticholinergics, Phosphodiesterase Inhibitor), By Route of Administration(Oral, Injection, and Inhaler.), By Region - Industry Forecast 2024-2031

In 2022, North America emerged as the dominant force in the bronchodilators market. This supremacy is attributed to several factors, including the increasing prevalence of conditions like COPD and asthma, a growing elderly population, and a surging demand for high-efficiency and rapid-action drugs. The rising COPD cases in the region can be linked to various environmental factors such as air pollution, exposure to chemicals, dust, fumes, secondhand smoke, and a history of childhood lung infections. Notably, cigarette smoking has been identified as the primary cause of 85 to 90% of all COPD cases, with a substantial number of smokers in North America, estimated to be around 30.8 million adults in the U.S. Furthermore, over 16 million individuals in the region suffer from smoking-related diseases.

Asia Pacific is poised to witness the most rapid growth during the forecast period. This projection stems from the region's high prevalence of asthma, where the condition stands as a leading cause of mortality and a significant non-communicable disease. The presence of key players like Glenmark Pharmaceuticals Limited and Cipla Inc. within the region provides a competitive edge, as these companies specialize in offering low-cost generic bronchodilators. The introduction of advanced inhaler bronchodilators further propels market growth. For example, in October 2020, Zydus Cadila launched Forglyn pMDI, a pressurized metered-dose inhaler, priced at Rs 495 per pack, aimed at addressing COPD patients in India. These developments position Asia Pacific as a key growth driver in the bronchodilators market landscape.