The global bronchiolitis obliterans syndrome market is expected to grow at a CAGR of 4.6% billion by 2030. Owing to rise in the number of patients suffering from the condition worldwide, and the increase in the prevalence of numerous osteoarticular illnesses, including rheumatoid arthritis and asthma.
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Bronchiolitis Obliterans Syndrome Market Scope
Report Attribute | Details |
Growth Rate | CAGR of 4.6% from 2022 to 2030 |
Base year for estimation | 2021 |
Forecast period | 2022-2030 |
Segments covered | Treatment Type, Distribution Channel and Region. |
Regional scope | North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
Market Drivers
One of the key factors fuelling the growth of the obliterative bronchiolitis market is the rise in the number of patients suffering from the condition worldwide. The increase in the prevalence of numerous osteoarticular illnesses, including rheumatoid arthritis and asthma, as well as chronic lung disorders including COPD and asthma, contributes to the market’s rapid expansion. The market is also influenced by ongoing research to improve diagnostic methods and therapeutic options, as well as rising public awareness of lung disorders. Additionally, around the world, the prevalence of different osteoarticular illnesses (such as arthritis and rheumatoid arthritis) is rising quickly. Additionally, the prevalence of chronic lung diseases like COPD and asthma is rising sharply worldwide. As was already noted, individuals with osteoarticular disease and chronic lung conditions are particularly vulnerable to contracting bronchiolitis obliterans.
Excerpts from ‘By Treatment Type Segmentation’
Based on treatment type, the global bronchiolitis obliterans syndrome market has been segmented into:
- Corticosteroids
- Inhaled Cyclosporine
- Others
The corticosteroids segment dominated the segment during forecast period. The most popular form of treatment for bronchiolitis obliterans is corticosteroids, particularly prednisone. In order to reduce inflammation, corticosteroids weaken the immune system. The physician may also advise using an inhaler or an inhaled drug such as albuterol. These drugs widen the bronchial tubes, which reduces wheezing and shortness of breath by slightly opening the airways. Additionally, retrospective evaluation of inhaled corticosteroids as a technique that might enhance local therapy while eliminating the dangers of systemic corticosteroids in the treatment of BOS. Furthermore, early detection has been shown to increase quality-adjusted life years (QALY). Testing for early diagnosis, however, still needs improvement. There hasn’t been much improvement with the many methods of treating the condition, including preventative treatment with combinational antibiotics for “high-risk” people. Furthermore, the market entry of numerous combinational antibiotics poses a danger to the experimental use of innovative therapies like lymphoid irradiation and extracorporeal photopheresis because they have a long history of use and a known safety and side-effects profile for other applications.
Excerpts from ‘By Region Segmentation’
Based on region, the global bronchiolitis obliterans syndrome market has been segmented into:
- North America
- Europe
- Asia Pacific
- Rest of the world
Due to the high frequency of bronchiolitis obliterans in these regions, North America and Europe were shown to have the largest bronchiolitis obliterans market. Additionally, the development of diagnostic tests technologically and the high demand for diagnostic tests would both contribute to the market expansion in these regions. Additionally, the expansion of the bronchiolitis obliterans treatment market in North America and Europe was also attributed to positive federal government initiatives. Similar to the United States, Asia-Pacific is seen as an untapped market because certain Asian nations lack adequate diagnostic infrastructure. Due to the significant expansion of the healthcare infrastructure, untapped prospects will propel Asian market growth (healthcare cost, healthcare facility and healthcare budget). Furthermore, similar to this, Asia-Pacific is seen as an emerging market due to the region’s expanding market penetration. Due to the poor economic and medical conditions in the majority of African nations, the rest of the world (RoW) is ranked fourth in the international market for bronchiolitis obliterans treatments.
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Excerpts from ‘Competitive Landscape’
Some of the prominent market player in the global bronchiolitis obliterans syndrome GSK plc., Sandoz Inc., Genentech, Teva Pharmaceuticals USA Inc, Bayer Pharmaceuticals Corp, Roxane Laboratories Inc, Incyte Corporation, Impax Laboratories Inc, Lannett Co Inc, Zambon Pharma, Altavant Sciences, Koutif Therapeutics, and Breath Therapeutics, among others.
Table of Content
- INTRODUCTION
- Market Ecosystem
- Timeline Under Consideration
- Historical Years – 2020
- Base Years – 2021
- Forecasted Years – 2022 to 2030
- Currency Used in the Report
- RESEARCH METHODOLOGY
- Research Approach
- Data Collection Methodology
- Data Sources
- Secondary Sources
- Primary Sources
- Market Estimation Approach
- Bottom Up
- Top Down
- Market Forecasting Model
- Limitations and Assumptions
- PREMIUM INSIGHTS
- Current Market Trend (COVID-19 Perspective)
- Key Players & Competitive Positioning (2021)
- MARKET DYNAMICS
- Drivers
- Restraints/Challenges
- Opportunities
- GLOBAL BRONCHIOLITIS OBLITERANS SYNDROME MARKET – ANALYSIS & FORECAST, BY TREATMENT TYPE
- Corticosteroids
- Inhaled Cyclosporine
- Others
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VALUE PROPOSITIONS RELATED TO THE REPORT:
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- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
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