The global chronic refractory cough treatment market is expected to be worth USD 9.2 billion in 2023 and USD 17.1 billion by 2033, growing at a CAGR of 6.39%.
The global prevalence of refractory chronic cough is driving the market for refractory chronic cough therapeutics. Increased global healthcare spending and disease awareness would expand the size of the market, allowing pharmaceutical companies to increase their market share. The medicines in development are focused on cutting-edge methods to treat or alleviate illness symptoms.
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Crucial information and forecast statistics covered in the Chronic Refractory Cough Treatment market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
COVID-19 Impact Analysis on Chronic Refractory Cough Treatment Market
The recent outbreak of the COVID-19 has turned the spotlight on the healthcare industry, and subsequently impacted the Chronic Refractory Cough Treatment market. Severe shortages of critical medical supplies and a rapid rise in number of COVID-19 cases have resulted into a revolution rather than evolution in the healthcare ecosystems. Consequently, the impact is noticeable in the Chronic Refractory Cough Treatment market.
Following government’s measures, particularly social distancing norms and stay-at-home orders, doctors are delaying or postponing elective surgeries unless critical to prevent the spread of the virus to individuals with comorbidities or chronic conditions. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Chronic Refractory Cough Treatment market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Chronic Refractory Cough Treatment Market: Segmentation
Valuable information covered in the FMI’s Chronic Refractory Cough Treatment market report has been segregated into key segments and sub-segments.
By Drug Class:
- Antibiotics
- Decongestants
- Corticosteroids
- Antihistamines
- Acid Blockers
- Others
By Route of administration:
- Oral
- Nasal
- Parenteral
- Others
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Chronic Refractory Cough Treatment Market: Competition Analysis
The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Chronic Refractory Cough Treatment market. Competitive information detailed in the Chronic Refractory Cough Treatment market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Chronic Refractory Cough Treatment market report.
Key players covered in the report include:
- Bayer AG
- Sun Pharmaceutical Industries Ltd
- Aurobindo Pharma Ltd
- Mylan N.V.
- GSK Plc.
- Hikma Pharmaceuticals Plc
- AstraZeneca Plc
- Others
Important Questions Answered in the Chronic Refractory Cough Treatment Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Chronic Refractory Cough Treatment market been expanding during the forecast period?
- How will the global Chronic Refractory Cough Treatment market look like by the end of the forecast period?
- What innovative strategies are adopted by Chronic Refractory Cough Treatment market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Chronic Refractory Cough Treatment market?
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Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Chronic Refractory Cough Treatment market
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