Budesonide Inhaler Market

Budesonide Inhaler Market
GLOBAL INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND
OPPORTUNITY ANALYSIS, 2018-2026
REPORT DESCRIPTION
Budesonide Inhaler Market – Overview
Budesonide is a medication that is used to prevent symptoms of asthma. It is a corticosteroid or steroid
(cortisone-like medicine). The medication prevents inflammation in the lungs to decrease the severity of
asthma attack. Inhaled budesonide may be used with other asthma medicines such as bronchodilators,
which are also used to open up narrowed breathing passages in the lungs. Budesonide is available in
several forms such as powders, suspensions, and tablets. In powder form, the medication can be inhaled by
mouth using an inhaler. It can also be used as suspension to inhale by mouth using a special jet nebulizer
(machine that turns medication into a mist that can be inhaled). Some of the trade names under which
budesonide is sold are Pulmicort, Rhinocort, and Entocort.
The global budesonide inhaler market size was valued at US$ 5.25 billion in 2017, and is expected to
witness a CAGR of 5.8% over the forecast period (2018 – 2026).
REPORT DESCRIPTION
Budesonide Inhaler Market – Taxonomy
The global demand for budesonide inhaler is expected to witness substantial growth over the forecast
period, owing to increasing incidences and prevalence of asthma. According to the Global Asthma Report
2018, asthma causes around 1000 deaths every day and affects as many as 339 million people worldwide.
However, product recalls due to failure to meet regulatory guidelines is expected to hinder the market
growth. For instance, in 2014, AstraZeneca’s PULMICORT RESPULES (budesonide inhalation
suspension) was recalled by the U.S. FDA as budesonide may be above or below the specification range,
which can be harmful for the patients.
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REPORT DESCRIPTION
Budesonide Inhaler Market – Key Players
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Pfizer Inc.
Cipla Limited
Lupin Limited
Cosmo Pharmaceuticals
Takeda Pharmaceutical Company Ltd.
Manus Aktteva Biopharma LLP
Abbott Laboratories
Lunan Better Pharmaceutical
Novartis International AG (Sandoz)
Mylan N.V
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Budesonide is a medication that is used to prevent symptoms of asthma. It is a corticosteroid or steroid (cortisone-like medicine). The medication prevents inflammation in the lungs to decrease the severity of asthma attack.

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