Asthma Drugs Market Size, Share, and Trends 2024 to 2034

The global asthma drugs market size is calculated at USD 26.49 billion in 2025 and is forecasted to reach around USD 41.04 billion by 2034, accelerating at a CAGR of 5.01% from 2025 to 2034. The North America market size surpassed USD 12.59 billion in 2024 and is expanding at a CAGR of 5.02% during the forecast period. The market sizing and forecasts are revenue-based (USD Million/Billion), with 2024 as the base year.

  • Last Updated : January 2025
  • Report Code : 1225
  • Category : Healthcare

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Asthma Drugs Market Market 

5.1. COVID-19 Landscape: Asthma Drugs Market Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Asthma Drugs Market Market, By Medication

8.1. Asthma Drugs Market Market Revenue and Volume Forecast, by Medication

8.1.1. Quick Relief Medications

8.1.1.1. Market Revenue and Volume Forecast

8.1.2. Long-term Control Medications

8.1.2.1. Market Revenue and Volume Forecast

8.1.3. Others

8.1.3.1. Market Revenue and Volume Forecast

Chapter 9. Global Asthma Drugs Market Market, By Mode of Administration

9.1. Asthma Drugs Market Market Revenue and Volume Forecast, by Mode of Administration

9.1.1. Tablets and Capsules

9.1.1.1. Market Revenue and Volume Forecast

9.1.2. Liquids

9.1.2.1. Market Revenue and Volume Forecast

9.1.3. Inhalers

9.1.3.1. Market Revenue and Volume Forecast

9.1.4. Injections

9.1.4.1. Market Revenue and Volume Forecast

Chapter 10. Global Asthma Drugs Market Market, By Organization Type 

10.1. Asthma Drugs Market Market Revenue and Volume Forecast, by Organization Type

10.1.1. Public

10.1.1.1. Market Revenue and Volume Forecast

10.1.2. Private

10.1.2.1. Market Revenue and Volume Forecast

Chapter 11. Global Asthma Drugs Market Market, By Application 

11.1. Asthma Drugs Market Market Revenue and Volume Forecast, by Application

11.1.1. Pediatric

11.1.1.1. Market Revenue and Volume Forecast

11.1.2. Adults

11.1.2.1. Market Revenue and Volume Forecast

11.1.3. Adolescent

11.1.3.1. Market Revenue and Volume Forecast

Chapter 12. Global Asthma Drugs Market Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Volume Forecast, by Medication

12.1.2. Market Revenue and Volume Forecast, by Mode of Administration

12.1.3. Market Revenue and Volume Forecast, by Organization Type

12.1.4. Market Revenue and Volume Forecast, by Application

12.1.5. U.S.

12.1.5.1. Market Revenue and Volume Forecast, by Medication

12.1.5.2. Market Revenue and Volume Forecast, by Mode of Administration

12.1.5.3. Market Revenue and Volume Forecast, by Organization Type

12.1.5.4. Market Revenue and Volume Forecast, by Application

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Volume Forecast, by Medication

12.1.6.2. Market Revenue and Volume Forecast, by Mode of Administration

12.1.6.3. Market Revenue and Volume Forecast, by Organization Type

12.1.6.4. Market Revenue and Volume Forecast, by Application

12.2. Europe

12.2.1. Market Revenue and Volume Forecast, by Medication

12.2.2. Market Revenue and Volume Forecast, by Mode of Administration

12.2.3. Market Revenue and Volume Forecast, by Organization Type

12.2.4. Market Revenue and Volume Forecast, by Application

12.2.5. UK

12.2.5.1. Market Revenue and Volume Forecast, by Medication

12.2.5.2. Market Revenue and Volume Forecast, by Mode of Administration

12.2.5.3. Market Revenue and Volume Forecast, by Organization Type

12.2.5.4. Market Revenue and Volume Forecast, by Application

12.2.6. Germany

12.2.6.1. Market Revenue and Volume Forecast, by Medication

12.2.6.2. Market Revenue and Volume Forecast, by Mode of Administration

12.2.6.3. Market Revenue and Volume Forecast, by Organization Type

12.2.6.4. Market Revenue and Volume Forecast, by Application

12.2.7. France

12.2.7.1. Market Revenue and Volume Forecast, by Medication

12.2.7.2. Market Revenue and Volume Forecast, by Mode of Administration

12.2.7.3. Market Revenue and Volume Forecast, by Organization Type

12.2.7.4. Market Revenue and Volume Forecast, by Application

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Volume Forecast, by Medication

12.2.8.2. Market Revenue and Volume Forecast, by Mode of Administration

12.2.8.3. Market Revenue and Volume Forecast, by Organization Type

12.2.8.4. Market Revenue and Volume Forecast, by Application

12.3. APAC

12.3.1. Market Revenue and Volume Forecast, by Medication

12.3.2. Market Revenue and Volume Forecast, by Mode of Administration

12.3.3. Market Revenue and Volume Forecast, by Organization Type

12.3.4. Market Revenue and Volume Forecast, by Application

12.3.5. India

12.3.5.1. Market Revenue and Volume Forecast, by Medication

12.3.5.2. Market Revenue and Volume Forecast, by Mode of Administration

12.3.5.3. Market Revenue and Volume Forecast, by Organization Type

12.3.5.4. Market Revenue and Volume Forecast, by Application

12.3.6. China

12.3.6.1. Market Revenue and Volume Forecast, by Medication

12.3.6.2. Market Revenue and Volume Forecast, by Mode of Administration

12.3.6.3. Market Revenue and Volume Forecast, by Organization Type

12.3.6.4. Market Revenue and Volume Forecast, by Application

12.3.7. Japan

12.3.7.1. Market Revenue and Volume Forecast, by Medication

12.3.7.2. Market Revenue and Volume Forecast, by Mode of Administration

12.3.7.3. Market Revenue and Volume Forecast, by Organization Type

12.3.7.4. Market Revenue and Volume Forecast, by Application

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Volume Forecast, by Medication

12.3.8.2. Market Revenue and Volume Forecast, by Mode of Administration

12.3.8.3. Market Revenue and Volume Forecast, by Organization Type

12.3.8.4. Market Revenue and Volume Forecast, by Application

12.4. MEA

12.4.1. Market Revenue and Volume Forecast, by Medication

12.4.2. Market Revenue and Volume Forecast, by Mode of Administration

12.4.3. Market Revenue and Volume Forecast, by Organization Type

12.4.4. Market Revenue and Volume Forecast, by Application

12.4.5. GCC

12.4.5.1. Market Revenue and Volume Forecast, by Medication

12.4.5.2. Market Revenue and Volume Forecast, by Mode of Administration

12.4.5.3. Market Revenue and Volume Forecast, by Organization Type

12.4.5.4. Market Revenue and Volume Forecast, by Application

12.4.6. North Africa

12.4.6.1. Market Revenue and Volume Forecast, by Medication

12.4.6.2. Market Revenue and Volume Forecast, by Mode of Administration

12.4.6.3. Market Revenue and Volume Forecast, by Organization Type

12.4.6.4. Market Revenue and Volume Forecast, by Application

12.4.7. South Africa

12.4.7.1. Market Revenue and Volume Forecast, by Medication

12.4.7.2. Market Revenue and Volume Forecast, by Mode of Administration

12.4.7.3. Market Revenue and Volume Forecast, by Organization Type

12.4.7.4. Market Revenue and Volume Forecast, by Application

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Volume Forecast, by Medication

12.4.8.2. Market Revenue and Volume Forecast, by Mode of Administration

12.4.8.3. Market Revenue and Volume Forecast, by Organization Type

12.4.8.4. Market Revenue and Volume Forecast, by Application

12.5. Latin America

12.5.1. Market Revenue and Volume Forecast, by Medication

12.5.2. Market Revenue and Volume Forecast, by Mode of Administration

12.5.3. Market Revenue and Volume Forecast, by Organization Type

12.5.4. Market Revenue and Volume Forecast, by Application

12.5.5. Brazil

12.5.5.1. Market Revenue and Volume Forecast, by Medication

12.5.5.2. Market Revenue and Volume Forecast, by Mode of Administration

12.5.5.3. Market Revenue and Volume Forecast, by Organization Type

12.5.5.4. Market Revenue and Volume Forecast, by Application

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Volume Forecast, by Medication

12.5.6.2. Market Revenue and Volume Forecast, by Mode of Administration

12.5.6.3. Market Revenue and Volume Forecast, by Organization Type

12.5.6.4. Market Revenue and Volume Forecast, by Application

Chapter 13. Company Profiles

13.1. GlaxoSmithKline

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Pfizer

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Vectura Group

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Boehringer Ingelheim

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Roche

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Novartis

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Merck

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. AstraZeneca

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Teva Pharmaceutical

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

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Frequently Asked Questions

The asthma drugs market size was reached at USD 25.17 billion in 2024 and is predicted to hit over USD 41.04 billion by 2034.

The global asthma drugs market is growing at a CAGR of 5.01% during the forecast period 2025 to 2034.

Increasing prevalence of asthma and growth in the old age population are driving factors for the growth of asthma market. Ongoing R&D activities and technological advancements can create lucrative growth opportunities for the key players operating in the global asthma drugs market. High costs associated with the research and development of the asthma drugs is key factor hampering growth of the global market.

North America will dominate the global industry due to huge investments in healthcare sector and growing research and development activities in the countries is predictable create tremendous demand for the asthma drugs, in the countries of the North America.

Asia Pacific is likely to list the noteworthy CAGR, on account of increased initiatives by the government in order to creates awareness regarding health in emerging economies.

The major companies functioning in the worldwide GlaxoSmithKline, Pfizer, Vectura Group, Boehringer Ingelheim, Roche, Novartis, Merck, AstraZeneca, Teva Pharmaceutical among others.

Long-term control medications segment is expected to hold the prime revenue share by medication type due to increasing need for the long-term control medications in order to treat chronic diseases that are considered as asthma.

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