Asthma Market Segmentation, Variables, Size & Product Analysis Till 2025 “Asthma is a lung disease; i.e. a chronic condition that causes inflammation and narrowing of the bronchial tube (the passageways that permit air to pass in and leave the lungs). Some of the symptoms of asthma include shortness of breath, coughing, wheezing and chest tightness.” Asthma is a lung disease; i.e. a chronic condition that causes inflammation and narrowing of the bronchial tube (the passageways that permit air to pass in and leave the lungs). Some of the symptoms of asthma include shortness of breath, coughing, wheezing and chest tightness. The factors that propel the Asthma Market size include innovation in drugs, rising occurrences of asthma cases, mounting geriatric population, rising number of smokers, growth in the disposable income, developing healthcare infrastructure and facilities, and intensifying pollution level. On the other hand, there are also factors that hinder the global Asthma Market size such as the patent expiry of drugs, high expenditure on treatment, and growth in use of generic drugs. The global Asthma Market size spans type, device type, drug type, route of administration, and geography. On the basis of type, the global Asthma Market size constitutes allergic asthma and non-allergic asthma. The allergic asthma is basically caused due to exposure to allergens like pollens from weeds, trees, etc., dust, and so on. On the other hand, the non-allergic asthma is basically caused due to exercise, stress, cold, flu, etc. On the basis of device type, the global Asthma Market size constitutes inhalers and nebulizers. The “inhalers” segment is further subcategorized as dry powder, soft mist inhalers (SMIs), metered dose inhalers (MDIs). Nebulizers are devices that carry the drug in a fluid form that is dispensed by the compressed air. The “nebulizers” segment is further subcategorized as mesh nebulizers, compressor nebulizers, and ultrasonic nebulizers. In 2015, the metered dose inhalers (MDIs) accounted for the largest share of the global Asthma Market owing to the ease of availability, consistency, portability, flexibility, and cost-effectiveness. The features like portability, noteworthy benefits in the home healthcare applications, and ideal design that enables dispense medication directly to the respiratory track are estimated to offer prospective growth opportunities for its high utility.
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