The Budesonide Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Budesonide Market?
The size of the budesonide market has seen significant growth in recent years. The market value stood at $9.72 billion in 2024 and is projected to increase to $10.36 billion in 2025, showcasing a compound annual growth rate (CAGR) of 6.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Budesonide Industry?
The Budesonide Global Market is projected to reach $13.25 billion in 2029, with a compound annual growth rate (CAGR) of 6.3%.
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What are the Key Growth Drivers Fueling the Budesonide Market?
The key drivers in the budesonide market are:
• Growing demand for effective treatments
• Development of novel drug delivery systems
• Increasing usage of budesonide especially among the rising geriatric population prone to asthma
• Expansion of generic budesonide products
Global Market Segmentation: Identifying Major Budesonide Industry Segments
The budesonide market covered in this report is segmented –
1) By Type: Inhalation Powder, Aerosols, Injectable Suspension, Tablets And Capsules
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
3) By Application: Nose Disease Treatment, Inflammatory Bowel Disease Treatment, Respiratory Disease Treatment, Other Applications
Subsegments:
1) By Inhalation Powder: Dry Powder Inhalers (DPI), Soft Mist Inhalers (SMI)
2) By Aerosols: Metered-Dose Inhalers (MDI), Breath-Activated Inhalers
3) By Injectable Suspension: Pre-filled Syringes, Vials
4) By Tablets And Capsules: Oral Tablets, Oral Capsules
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What are the emerging Trends Shaping the Future of the Budesonide Market?
The key trends in the budesonide market are:
• The adoption of biologics and biosimilars is significantly impacting the budesonide market.
• Technological development is guiding the future of this industry.
• Regulatory approvals for innovative formulations are steadily shaping the market's landscape.
• There are noticeable advancements in drug delivery systems being observed.
Who Are the Top Competitors & Leading Players in the Budesonide Market?
Major players in the budesonide market are:
• AstraZeneca AB
• Novartis AG
• Takeda Pharmaceuticals Company Limited
• Viatris Inc.
• Teva Pharmaceutical Industries Ltd.
• Sandoz AG
• Aurobindo Pharma Limited
• Chiesi Farmaceutici S.p.A.
• Cipla Limited
• Lupin Limited
• Orion Corporation
• Salix Pharmaceuticals Inc.
• Synmosa Biopharma Corporation
• Cosmo Pharmaceuticals N.V.
• Skyepharma Holdings Inc.
• Manus Aktteva Biopharma LLP
• Cennet Biopharma Private Limited
• Santarus Inc.
• SiNi Pharma Private Limited
• Shanghai Sine Promod Pharmaceutical Co. Ltd.
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the budesonide market in 2024
