PUBLISHER: The Business Research Company | PRODUCT CODE: 1730848
PUBLISHER: The Business Research Company | PRODUCT CODE: 1730848
Emphysema is a chronic lung disease that causes damage to the air sacs (alveoli) in the lungs, resulting in difficulty breathing. It is a type of chronic obstructive pulmonary disease (COPD), typically caused by smoking or prolonged exposure to air pollutants. As the alveoli weaken and lose their elasticity, air becomes trapped in the lungs, making it difficult to expel carbon dioxide and take in fresh oxygen. This leads to shortness of breath, a chronic cough, and progressively reduced lung function.
The primary types of emphysema are centrilobular and panlobular. Centrilobular refers to damage in the central part of the lung lobule, often seen in centrilobular emphysema. Treatment options for emphysema include medications, therapy, surgery, and other approaches. Diagnosis typically involves imaging tests, lung function assessments, and additional diagnostic procedures. Common complications associated with emphysema include chest infections, lung collapse, heart issues, lung holes, and other related conditions. Treatment typically occurs in hospitals, clinics, surgical centers, and other healthcare facilities.
The emphysema market research report is one of a series of new reports from The Business Research Company that provides emphysema market statistics, including the emphysema industry global market size, regional shares, competitors with the emphysema market share, detailed emphysema market segments, market trends, and opportunities, and any further data you may need to thrive in the emphysema industry. This emphysema market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The emphysema market size has grown strongly in recent years. It will grow from $4.74 billion in 2024 to $4.99 billion in 2025 at a compound annual growth rate (CAGR) of 5.2%. The growth during the historic period can be attributed to the rising prevalence of respiratory diseases, the aging population, increased smoking rates, higher levels of air pollution, growing government initiatives, and a larger population of tobacco smokers.
The emphysema market size is expected to see steady growth in the next few years. It will grow to $6.05 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%. The growth during the forecast period can be attributed to rising healthcare spending, increasing environmental pollution, higher demand for diagnostic medical devices, growing vehicular traffic, and a greater demand for minimally invasive procedures. Key trends during this period include the development of new inhalation devices, strategic partnerships, personalized medicine, telemedicine, advancements in inhalation therapies, and ongoing medical innovations.
The increasing prevalence of respiratory infections is expected to drive the growth of the emphysema market. Respiratory infections affect various parts of the respiratory system, such as the sinuses, throat, airways, and lungs. The rising number of respiratory infections can be attributed to factors such as pollution, climate change, antimicrobial resistance, urbanization, and the emergence of new pathogens. These infections can worsen emphysema by causing inflammation, damaging tissues, and increasing airway obstruction, all of which lead to further deterioration of lung function. For example, in November 2024, the Centers for Disease Control and Prevention (CDC) reported a rise in tuberculosis (TB) cases in the U.S., with 9,633 cases recorded in 2023, a 15.6% increase from the previous year. As respiratory infections continue to increase, they contribute to the growth of the emphysema market.
Companies in the emphysema market are focusing on innovations such as inhaled dual inhibitors of phosphodiesterase 3 and phosphodiesterase 4 to improve treatment for chronic obstructive pulmonary disease (COPD), including emphysema. These medications help relax the airways, reduce inflammation, and improve lung function, offering enhanced management of the disease and improving patients' quality of life. For instance, in June 2024, Verona Pharma plc, a UK-based pharmaceutical company, introduced Ohtuvayre (ensifentrine), the first inhaled dual PDE3 and PDE4 inhibitor approved by the FDA for COPD maintenance treatment. This novel inhaled therapy, combining bronchodilator and anti-inflammatory effects, marks the first new inhaled treatment in over two decades and is set to be available through specialty pharmacies.
In October 2023, Aileron Therapeutics, a U.S.-based biopharmaceutical company, acquired Lung Therapeutics for an undisclosed amount. This acquisition allows Aileron to expand its pipeline by gaining access to clinical-stage therapies, such as LTI-03, a novel peptide aimed at treating idiopathic pulmonary fibrosis. Lung Therapeutics, a company focused on developing treatments for lung diseases, has developed therapies for conditions such as emphysema, and this acquisition positions Aileron to further address life-threatening lung diseases that currently have limited treatment options.
Major players in the emphysema market are Pfizer Inc., Merck & Co. Inc., Sanofi S.A., AstraZeneca PLC, Novartis International AG, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Koninklijke Philips N.V., Teva Pharmaceutical Industries Ltd., Boehringer Ingelheim, Mylan N.V., Olympus Corporation, ResMed Inc., Chiesi Farmaceutici S.p.A., University of Chicago Medicine (UChicago Medicine), Hikma Pharmaceuticals PLC, United Therapeutics Corporation, VIDA Diagnostics Inc., Kamada Limited, Pulmonx Corporation, Mereo BioPharma Group PLC, Uptake Medical Corporation, and Verona Pharma PLC.
North America was the largest region in the emphysema market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in emphysema report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The countries covered in the emphysema market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The emphysema market consists of revenues earned by entities by providing services such as diagnosis and screening services, oxygen therapy, pulmonary rehabilitation programs, and home healthcare services. The market value includes the value of related goods sold by the service provider or included within the service offering. The emphysema market also includes sales of bronchodilators, corticosteroids, oxygen therapy devices, nebulizers, and pulmonary rehabilitation products. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values and are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Emphysema Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on emphysema market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for emphysema ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The emphysema market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.