The global Bronchodilators Market was worth USD 8.85 Billion in 2021 and is predicted to grow at a CAGR of 24.5% during the forecast period. The increase in market revenue is primarily driven by new technological advancements in therapeutic treatments.
Bronchodilator drugs are in high demand for widening airways and relieving symptoms. Cystic fibrosis affects the cells responsible for mucus production and other fluids, which leads to breathing difficulties, thick viscous secretions, and digestive issues.
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According to the World Health Organization (WHO), around 50% of children with cystic fibrosis are diagnosed within their first year of life in developed countries. The growth of the Bronchodilatorss market is being driven by the increasing prevalence of cystic fibrosis patients, research and development of new drugs, and the rising demand for alternative treatments. However, adverse effects of drugs on patients are a major restraint to market growth. CFTR modulators, for example, can cause side effects such as headache, breathing difficulties, nausea, and diarrhea, while pancreatic enzyme supplements may result in moderate gastrointestinal problems. Negative gastrointestinal effects can also be caused by drug interactions and antibiotic use.
The global Bronchodilators market is classified into several drug classes, including CFTR, bronchodilators, mucolytic, pancreatic enzyme supplements, and others. In terms of revenue share in 2021, the CFTR segment is currently the leading segment. CFTR is an ion channel in the lungs that transports chloride ions from inside to outside the cell.
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The growth of the CFTR modulators segment is attributed to the class of drugs' ability to improve the faulty CFTR protein's intracellular processing, production, and function. The most commonly used approved modulator is the triple combination Elexacaftor-Tezacaftor-Ivacaftor. The global Bronchodilators market is divided into oral and parenteral routes of administration. The oral segment is expected to show a significant increase in revenue growth over the forecast period. The use of oral nutritional supplements (ONS) is common in people with cystic fibrosis, and Docosahexaenoic Acid supplementation has been found to correct known fatty acid derangements and decrease the formation of proinflammatory isoprostanes such as 8-isoprostane-PGF2, contributing to the growth of the segment.
Market growth is driven by the increasing demand for bronchodilator drugs and the development of new and advanced drugs, while the adverse effects of drugs are a restraint. CFTR modulators and oral supplements are the leading segments in terms of revenue share, and the oral route of administration is predicted to have the highest revenue growth rate over the forecast period.
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