Pediatric Respiratory Disease Therapeutics Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Pediatric Respiratory Disease Therapeutics Market is Segmented by Drug Class, Disease (Asthma, Cystic Fibrosis, Bronchiolitis, Pneumonia, Idiopathic Pulmonary Fibrosis, Tuberculosis, Others), and Geography

Market Snapshot

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Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.54 %

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Market Overview

The rise in the prevalence of respiratory disorders, changing lifestyle habits, progressive increase in obese pediatric population, and surge in awareness about pediatric care are anticipated to increase expenditure on pediatric respiratory disease treatment.

Respiratory diseases are pathological conditions affecting the organs and tissues that make gas exchange difficult during breathing. Respiratory disorders in infants and children are challenging problems for every clinician involved in the management of these patients. The refore the rising prevalence of respiratory diseases in pediatrics has been the key factor for the growth of this market.

Research and advancements in drug discovery of new drugs that are more efficient and safer have also helped the growth of this market. However, side-effects of the present therapeutic medications and stringent guidelines by regulatory authorities for the approval of drugs have restraint the market growth.

Scope of the Report

As per the scope of the report, pediatric respiratory disease therapeutics are the medications that are specially approved to treat or alleviate the respiratory diseases in pediatrics. Respiratory diseases are found affecting the air passages that includes nasal passages, bronchi, trachea, and lungs. Therefore they are also the major cause of mortality and morbidity in pediatrics.

By Drug Class
Anti-Inflammatory Drugs
Bronchodilators
Combination Drugs
Corticosteroid
Monoclonal Antibodies
Others
By Disease
Asthma
Cystic Fibrosis
Bronchiolitis
Pneumonia
Tuberculosis
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Asthma Segment is Expected to Dominate the Disease Segment of the Market

Asthma is the most common chronic respiratory disease of childhood affecting children globally. According to a 2018 report by Giuliana Ferrante published in Frontiers in Pediatrics Journal, the global prevalence of pediatric asthma is 14.1%. Pediatric Asthma is seen to be more common in high-income countries (prevalence in North America is 21.6%). 

The prevalence in developing regions was lower than or near average (Indian subcontinent at 7% and Latin America at 15.9%) but was reported to be increasing at a tremendous rate according to the same report. As the prevalence of pediatric asthma increases globally, the demand for medication for treating or alleviating asthma symptoms will also increase. Hence, this segment is expected to grow in the forecast period.

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North America Holds a Large Share of the Pediatric Respiratory Disease Therapeutics Market

North America is a found to be a significant market for pediatric respiratory disease treatment due to strong emphasis on health care development and high health care expenditure. According to a 2019 report by Richard Perry published in Springer PharmacoEconomics Journal, about 6 million children younger than 18 years old are affected by asthma. Over the decades, the prevalence of asthma among children was also reported to have increased.

However, developed countries like US and Canada have structured healthcare system which have fast adoption rate for newer drugs, therapies and technologies. These countries allocate more funds to healthcare most other developing countries. According to the same report, total direct cost of pediatric asthma was also estimated to be about USD 6 billion in annually. Hence, expenditure on pediatric respiratory diseases therapeutics is expected to increase with increasing prevalence in future.

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Competitive Landscape

The majority of the key player involved in research and manufacturing of Pediatric Respiratory Disease therapeutics are established in developed countries. Market leaders with more funds for research and a better distribution system have established their position in the market. Moreover, Asia-pacific is witnessing an emergence of some small players due to the rise of awareness, which has helped the market growth.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing prevalence of Chronic Respiratory Diseases

      2. 4.2.2 Increasing Research and Development in Drug Discovery for Respiratory Diseases

    3. 4.3 Market Restraints

      1. 4.3.1 Stringent Regulations for Drug Approval

      2. 4.3.2 Side Effects from Therapeutic drugs

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Drug Class

      1. 5.1.1 Anti-Inflammatory Drugs

      2. 5.1.2 Bronchodilators

      3. 5.1.3 Combination Drugs

      4. 5.1.4 Corticosteroid

      5. 5.1.5 Monoclonal Antibodies

      6. 5.1.6 Others

    2. 5.2 By Disease

      1. 5.2.1 Asthma

      2. 5.2.2 Cystic Fibrosis

      3. 5.2.3 Bronchiolitis

      4. 5.2.4 Pneumonia

      5. 5.2.5 Tuberculosis

      6. 5.2.6 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Novartis AG

      2. 6.1.2 Bayer AG

      3. 6.1.3 GlaxoSmithKline plc

      4. 6.1.4 Merck & Co

      5. 6.1.5 Boehringer Ingelheim GmbH

      6. 6.1.6 Regeneron Pharmaceuticals

      7. 6.1.7 AstraZeneca plc

      8. 6.1.8 F. Hoffmann-La Roche AG

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Pediatric Respiratory Disease Therapeutics Market market is studied from 2018 - 2026.

The Pediatric Respiratory Disease Therapeutics Market is growing at a CAGR of 5.54% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Regeneron Pharmaceuticals, Boehringer Ingelheim International GmbH, GlaxoSmithKline plc, F. Hoffmann-La Roche AG, Novartis AG are the major companies operating in Pediatric Respiratory Disease Therapeutics Market.

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