Vietnam Respiratory Drugs Market Analysis

Vietnam Respiratory Drugs Market Analysis


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Vietnam Respiratory Drugs Market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. Respiratory Drugs market is growing globally due to the rising elderly population, rising respiratory disease prevalence and technological developments in respiratory medications, growing demand for combination therapies due to the rising prevalence of multi-drug-resistant bacteria, and technological advancements in drug delivery devices. The chronic obstructive pulmonary disease (COPD) segment is projected to grow at the highest CAGR during the forecast period owing to the increasing prevalence of COPD across the globe. Allied Healthcare, Cardinal Health, Covidien, Drager Medical, DeVilbiss Healthcare, Fisher & Paykel Healthcare, Getinge, Hamilton Medical, Invacare Corporation, NSpire Health and ResMed are the key global market players in respiratory drugs market.

ID: IN10VNPH391 CATEGORY: Pharmaceuticals GEOGRAPHY: Vietnam AUTHOR: Dr. Netal Patel

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Vietnam Respiratory Drugs Market Analysis Summary

Vietnam Respiratory Drugs Market is valued at around $79.2 Mn in 2022 and is projected to reach $124.3 Mn by 2030, exhibiting a CAGR of 5.79% during the forecast period 2023-2030.

A respiratory drug is a medication that is used to treat or prevent respiratory problems, such as bronchitis, asthma, and pneumonia. These drugs are important because they help to keep the lungs healthy and functioning properly. The specific drugs prescribed depend on the individual's diagnosis, severity of symptoms, and other factors. Some common categories of drugs consist of bronchodilators which include short-acting beta-agonists (SABAs) like Albuterol (Ventolin), Levalbuterol (Xopenex), long-acting beta-agonists (LABAs) like formoterol (Foradil), Salmeterol (Serevent) and anticholinergics like tiotropium (Spiriva), Ipratropium (Atrovent). Inhaled Corticosteroids consist of Fluticasone (Flovent), Budesonide (Pulmicort), and beclomethasone. Combination Inhalers like fluticasone/Salmeterol and Budesonide/Formoterol. Leukotriene Modifiers like Montelukast (Singulair), Zafirlukast. Mast Cell Stabilizers like cromolyn sodium (Intal), and nedocromil. Immunomodulators/Biologics like omalizumab (Xolair), mepolizumab (Nucala), and benralizumab. Mucolytics/Expectorants like Acetylcysteine (Mucomyst) and guaifenesin. Antibiotics like Azithromycin (Zithromax), and Amoxicillin-Clavulanate. Allied Healthcare, Cardinal Health, Covidien, Drager Medical, DeVilbiss Healthcare, Fisher & Paykel Healthcare, Getinge, Hamilton Medical, Invacare Corporation, NSpire Health, and ResMed are the key global market players in the respiratory drugs market.

Market Dynamics

Market Growth Drivers

The rising elderly population, rising respiratory disease prevalence and technological developments in respiratory medications, growing demand for combination therapies due to the rising prevalence of multi-drug-resistant bacteria, and technological advancements in drug delivery devices. All these factors act as market growth drivers.

Market Restraints

Patent expirations and generic competition, Stringent regulatory requirements, Side effects and safety concerns, and High costs and reimbursement challenges act as market growth restraints.

Competitive Landscape

Key Players

  • Allied Healthcare
  • Cardinal Health
  • Covidien
  • Drager Medical
  • DeVilbiss Healthcare
  • Fisher & Paykel Healthcare
  • Getinge
  • Hamilton Medical
  • Invacare Corporation
  • NSpire Health and ResMed

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Market Segmentations For Vietnam Respiratory Drugs Market

By Type

  • Asthma
  • Chronic Obstructive Pulmonary Disease
  • Idiopathic Pulmonary Fibrosis
  • Cystic Fibrosis

By Application

  • Hospitals
  • Ambulatory Care
  • Homecare
  • Pharmacies

By Distribution Channel

  • Prescription
  • Over-the-Counter

By Age Group

  • Pediatric
  • Adult

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 27 February 2024
Updated by: Ritu Baliya

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