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Aminophylline Market - By Dosage Form (Injection, Tablet, Solution), Medication Type (Generics, Branded), Application (Asthma, Emphysema, COPD), Distribution Channel (Hospital Pharmacies, Retail Pharmacies) – Global Forecast (2024 – 2032)


Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare

Publisher : MIR | Format : PDF&Excel

Aminophylline Market - By Dosage Form (Injection, Tablet, Solution), Medication Type (Generics, Branded), Application (Asthma, Emphysema, COPD), Distribution Channel (Hospital Pharmacies, Retail Pharmacies) – Global Forecast (2024 – 2032)

Aminophylline Market Size

Aminophylline Market size was valued at USD 291.2 million in 2023 and is estimated to grow at 2.1% CAGR from 2024 to 2032. The market is primarily driven by its widespread use in the treatment of respiratory conditions such as asthma, chronic obstructive pulmonary disease (COPD), and several other respiratory diseases.

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According to the World Health Organization (WHO) data, respiratory diseases as a major cause of death. Similarly, an article in the Economic Times in 2023 highlighted a worldwide increase in asthma cases, affecting around 339 million individuals. While asthma can affect people of any age, it's more common in children. These observations highlighted the need for asthma therapeutics in alleviating the rising respiratory disease burden. Therefore, usage of aminophylline plays a crucial role in both treatment and diagnosis for those affected, thereby propelling market growth.
 

Aminophylline Market Report Attributes
Report Attribute Details
Base Year 2023
Aminophylline Market Size in 2023 USD 291.2 Million
Forecast Period 2024 - 2032
Forecast Period 2024 - 2032 CAGR 2.1%
2032 Value Projection USD 350.2 Million
Historical Data for 2021 - 2023
No. of Pages 150
Tables, Charts & Figures 277
Segments covered Dosage Form, Medication Type, Application, Distribution Channel and Region
Growth Drivers
  • Rising prevalence of respiratory diseases
  • Growing government approvals and funding
  • Expanding elderly demographic
  • Growing advancement in the drug delivery system
Pitfalls & Challenges
  • Availability of alternative therapeutic options
  • Side effects and safety concerns

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Aminophylline is a medication primarily employed in managing respiratory disorders like asthma, COPD, and other associated respiratory ailments. It falls under the category of medications termed methylxanthines, acting by relaxing the muscles in the airways. Aminophylline is often administered orally or intravenously and is considered a bronchodilator with both short-term and long-term therapeutic effects.

Aminophylline Market Trends

  • Growing government approvals along with the increasing advancements in personalized medicine as well as technological innovation are few factors that are significantly propelling the market demand.
  • For instance, in November 2022, AstraZeneca's PT027, a pioneering pressurized metered-dose inhaler (pMDI) containing aminophylline, received a positive recommendation from the FDA Advisory Committee, positioning it as a potential asthma treatment. AstraZeneca's recent rebranding of PT027 as Airsupra (albuterol/budesonide) signified a healthcare milestone, as it marked the approval of the first and only rescue medication in the U.S. capable of reducing the risk of asthma exacerbations, offering renewed hope and improved options for asthma patients.
  • Furthermore, despite its efficacy in treating respiratory conditions, aminophylline can lead to side effects such as nausea, vomiting, palpitations, and seizures, which may limit its widespread adoption. Thus, concerns regarding safety and tolerability may deter healthcare providers and patients from utilizing aminophylline, thereby hindering market expansion to a certain extent.

Aminophylline Market Analysis

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Based on dosage form, the market is classified into injection, tablet, and solution. The injection segment is anticipated to acquire the largest market share and sustain its dominance to reach USD 166.3 million by 2032.

  • Injections offer a rapid onset of action and precise dosing, making them preferred in acute situations such as severe asthma exacerbations. Also, injections ensure high bioavailability and reliable absorption, bypassing gastrointestinal absorption issues seen with oral formulations.
  • Thus, healthcare providers often favor injectable aminophylline for its efficacy, speed, and reliability in critical respiratory conditions, thereby driving the segment dominance.

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Based on medication type, the aminophylline market is categorized into generics and branded. The branded segment is projected to hold the largest market share of 73.1% in 2023 and is expected to maintain dominance throughout the analysis period.

  • Brand-name formulations often carry established reputations for quality, efficacy, and safety, instilling certainty among healthcare providers and patients. Also, branded products may offer unique formulations, dosage strengths, or delivery systems, providing differentiation and added value. Such benefits associated with branded products will spur the market growth.
  • Further, despite the availability of generic alternatives, the effective marketing strategies and physician preferences, ensures the continued dominance of branded aminophylline in the market.

Based on application, the aminophylline market is classified into asthma, emphysema, COPD, and other applications. The COPD segment is forecasted to maintain its leading position reach CAGR of 2% during the analysis period.

  • The increasing prevalence of respiratory disorders, remarkably COPD, poses a significant healthcare concern globally. COPD, a lung condition characterized by airflow restriction leading to breathing difficulties, predominantly affects smokers and individuals aged 40 and above.  For instance, a 2023 cardiology research paper indicated that COPD affects approximately 12% of the global population, ranking as the third leading cause of mortality after cardiovascular diseases (CVDs).
  • Thus, the growing occurrence of COPD highlights the necessity for enhanced treatment options, thereby augmenting the market expansion.

Based on the distribution channel, the aminophylline market is categorized into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment accounted for the largest revenue share in 2023 and is expected to reach USD 175.8 million by 2032.

  • Hospital pharmacies frequently leverage direct access to a varied patient demographic, facilitating the high-volume dispensing of aminophylline. Also, hospitals prioritize patient well-being and safety, favoring branded medications backed by proven efficacy and stringent quality control measures.
  • Moreover, hospital pharmacies typically have established distribution networks, enabling efficient supply chain management and timely medication administration, thereby further solidifying their dominance in the market.

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North America's aminophylline market accounted for the largest revenue and is anticipated to grow substantially over the analysis period. Also, U.S. dominated the North American market accounting for the highest market share of 92.1% in 2023, anticipating significant growth over the analysis period.

  • The higher prevalence of respiratory disorders, especially in the U.S. has fueled the demand for aminophylline. According to data from the American Lung Association, in 2022, approximately 11.7 million individuals, constituting 4.6% of adults, reported being diagnosed with COPD, which includes chronic bronchitis, or emphysema. Thus, growing respiratory disease condition intends to surge the demand for effective treatment, thereby propelling the market growth.
  • Moreover, North America's significant strides in precision medicine and patient-centric therapies coupled with FDA favorable government framework further drive the increasing demand for aminophylline, thereby augmenting the market growth.

The UK aminophylline market is expected to witness high growth over the forecast period.

  • The market growth in the UK benefits from the country's sophisticated healthcare infrastructure, increasing healthcare expenditure, and growing awareness about respiratory diseases.
  • Furthermore, collaborations between academic institutions and pharmaceutical companies to drive advancements in medical technology especially in cardiovascular and respiratory disease further fuel the growth trajectory in the country.

India and China gained traction in the aminophylline market anticipating substantial growth during the analysis period.

  • Aminophylline industry growth in India and China is fueled by factors such as the large patient population, rising prevalence of respiratory conditions, and expanding healthcare infrastructure.
  • Moreover, government initiatives to enhance healthcare infrastructure and the presence of a large pharmaceutical manufacturing sector drive market development in both the countries.

Aminophylline Market Share

The aminophylline industry hosts numerous pharmaceutical companies competing for market share. Key players maintain their positions through strategies such product innovation, forming strategic partnerships, and expanding geographically. Also, the aminophylline formulations may also face competition from generic manufacturers, which can impact market share dynamics. Generic versions of medications are often more affordable, leading to market share fluctuations among brand-name and generic products.

Aminophylline Market Companies

Some of the prominent players operating in the aminophylline industry include

  • AdvaCare Pharma
  • Amneal Pharmaceuticals LLC
  • AstraZeneca AB
  • Cipla
  • Cooper S.A. 
  • GSK plc
  • Glenmark Pharmaceuticals Ltd.
  • Inopha International Co, Limited 
  • Johnson & Johnson Pvt. Ltd.
  • Lupin
  • Pfizer Inc.
  • S.A.L.F. S.p.A. Laboratorio Farmacologico
  • Teva Pharmaceuticals Industries Ltd.

Aminophylline Industry News

  • In October 2023, SSY Group Limited received approvals for aminophylline injection production and registration from the National Medical Products Administration (NMPA) under type 3 chemical new drug after passing consistency evaluation. These approvals aimed to enhance aminophylline availability, expand production, and boost the company's revenue growth.
  • In June 2021, Glenmark Pharmaceuticals Ltd. obtained approval from the U.S. Food & Drug Administration (FDA) for theophylline extended-release tablets, in strengths of 300 mg and 450 mg. This approval helped the company to add value to its existing business portfolio.

The aminophylline market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments

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Market, By Dosage Form

 

  • Injection
  • Tablet
  • Solution

Market, By Medication Type

  • Generics
  • Branded

Market, By Application

  • Asthma
  • Emphysema
  • Chronic obstructive pulmonary disease (COPD)
  • Other applications

Market, By Distribution Channel

  • Hospital pharmacies
  • Retail pharmacies
  • Online pharmacies

The above information is provided for the following regions and countries

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Netherlands
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of Middle East and Africa

 

Table of Content

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