MarketResearch.com: Asthma Therapeutics Market to Reach $21.7 Billion by 2020, Says New GBI Research Report
WASHINGTON and NEW YORK and LONDON, May 7, 2015 /PRNewswire/ — As a leading provider of market research reports and solutions, MarketResearch.com is pleased to highlight a recent report by GBI Research, forecasting the asthma therapeutics market to hit $21.7 billion by 2020, a CAGR 2.4% over $18.4 billion in 2013.
To view this report by GBI Research, visit: http://www.marketresearch.com/land/product.asp?productid=8978990&progid=87440.
According to GBI’s recent report, Asthma Therapeutics in Major Developed Markets to 2020, approximately 300 million people worldwide are affected by asthma, and that number is expected to reach 400 million by 2025. While most patients adequately manage their symptoms via current products, there remains the need for new innovations to help control the symptoms of those whose needs are currently unmet by the existing market.
Because of this market need and the increasing number of asthma patients, industry interest and innovation is growing. GBI’s report reveals the potential for market growth over the coming years across eight developed nations, despite the overall erosion of some of the leading asthma brands, including Advair, Symbicort and Xolair. According to GBI, this is mostly a result of new market entrants and the previously mentioned increase in disease prevalence.
To view all reports by GBI Research, visit: http://www.marketresearch.com/land/publisher.asp?vendorid=3759&progid=87440.
Plus, for a limited time only, MarketResearch.com is offering a special 5% discount on any GBI Research report purchased now through May 31, 2015. This exclusive offer is only available at MarketResearch.com. Enter discount code GBI0505 at checkout to redeem.
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About GBI Research
GBI Research provides industry-leading global business intelligence solutions. Their products and services help companies make better business decisions, win business and position themselves more effectively. GBI Research publishes more than 100 research reports per annum across a wide range of industries. Their reports draw on in-depth primary and secondary research, databases of proprietary in-house data and high quality analysis from expert teams.
Source: PR Newswire Health