Severe Asthma Drugs Market Size
Market Size in USD Bn
CAGR6.3%
| Study Period | 2025-2032 |
| Base Year of Estimation | 2024 |
| CAGR | 6.3% |
| Market Concentration | High |
| Major Players | GlaxoSmithKline (GSK), Biosion, Bio-Thera Solutions, Sanofi, AstraZeneca and Among Others |
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Severe Asthma Drugs Market Analysis
The Global Severe Asthma Drugs Market is estimated to be valued at USD 26.05 Bn in 2025 and is expected to reach USD 39.95 Bn by 2032, growing at a compound annual growth rate (CAGR) of 6.3% from 2025 to 2032. Several key factors such as the growing prevalence of asthma worldwide and rising pollution levels are expected to drive the demand for severe asthma drugs during the forecast period.
The Severe Asthma Drugs Market is expected to witness significant growth over the next few years. The market is currently dominated by biologics and there is high demand for novel drug molecules that are more effective and have fewer side effects. Many pharmaceutical companies are actively involved in research & development to develop advanced therapeutics, which is likely to intensify competition in the market.