Expert Market Research’s new report titled, “Global Bronchiectasis Drugs Market Report and Forecast 2021-2026”, gives an in-depth analysis of the global Bronchiectasis Drugs market, assessing the market based on its segments such as products and major regions. The report tracks the latest industry trends and studies their impact on the overall market. It also assesses market dynamics, covering key demand and price indicators, as well as market analysis based on SWOT and Porter’s Five Forces models.
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Key highlights of the report include:
Market Overview (2016-2026)
- Forecast market size (2026): 126.75 million USD
Conventional techniques for diagnosing bacterial lung infections have several limitations, including the inability to accurately identify the cause of the infection and the inability to provide a complete picture of the bacterial load present in the lungs, which has led to the development of advanced technologies such as high resolution computed tomography (HRCT), which has helped the bronchiectasis drug market. Furthermore, one of the main elements helping the global trade in bronchiectasis drugs is the availability of low cost drugs.
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Industry definition and major segments
Bronchiectasis is a chronic lung condition characterized by abnormal and permanent dilation of the bronchi caused by acute or chronic inflammation and infection that destroys elastic and muscular tissues. This damage obstructs the natural flow of bronchial secretions, which can become infected over time and cause mild to moderate blockage of the airways. The combination of infection and persistent inflammation, if not well controlled, leads to progressive lung damage.
It can cause mucus to build up in the lungs, making them more susceptible to infection. Antibiotics remain the most common treatment for bronchiectasis to prevent infection.
The industry can be broadly classified based on its product into:
The regional markets for bronchiectasis drugs are:
- North America
- Latin America
- Middle East
- Asia Pacific
High-resolution computed tomography (HRCT) has become a leading method for the diagnosis of bronchiectasis and other respiratory diseases. Respirologists and otolaryngologists will be able to accurately characterize the stage of disease and provide patients with appropriate and timely therapy and medications with these advances in the diagnosis of respiratory diseases. During the projected period, this trend will positively impact the growth of the Bronchiectasis Drugs market. Furthermore, one of the major market growth drivers is the availability of low-cost, off-label generic pharmaceuticals. Generic drugs are less expensive than brand name drugs and contain the same active pharmaceutical ingredient (API) as brand name drugs. The availability of these low-cost drugs, together with the increased incidence of bronchiectasis, will increase treatment acceptance rates, especially in developing and poor countries. The approval of these low-cost generics will further increase the potential for market growth.
Main market players
The major players in the market are Endo International Plc [NASDAQ: ENDP]GlaxoSmithKline Plc [LON: GSK]Neopharma LLC, Pfizer Inc. [NYSE: PFE]Reckitt Benckiser Group Plc [LON: RB] and others . The report covers market shares, capacities, plant rotations, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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