Global asthma and COPD drug market to reach nearly $27 billion in 2017
The global asthma and chronic obstructive pulmonary disease (COPD) market was worth $25.102 billion in 2010, and is expected to reach $26.965 billion in 2017 with a CAGR of 1.03% over the forecasted period (2010 - 2017), according to a new market report from Transparency Market Research.
The asthma drug segment dominated the overall asthma and COPD market at $14.509 billion in 2010. The COPD segment was estimated to be worth $10.593 billion in 2010, which is expected to reach $12.62 billion in 2017.
Patent expiries and price erosion will slow market growth
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