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Prescription drugs represented the largest portion of the Medicaid programâs asthma-related expenses âgrowing from $223.5 million, or 53.1 percent of all asthma-related Medicaid spending, in SFY 200809 to $306.- 6 million, or 57.6 percent, in SFY 2012-13.
In the next five years, the global asthma and COPD drug market is expected to grow slowly, primarily because of expiry of patents of leading drug brands and price erosion in the market. However, by 2017, few novel drugs are expected to enter the asthma and COPD market, which will drive future growth.