The global chronic refractory cough treatment market is set to experience significant growth over the next decade. According to recent market analysis by FMI, the market is projected to grow from USD 9.2 billion in 2023 to an impressive USD 17.1 billion by 2033. This growth represents a robust Compound Annual Growth Rate (CAGR) of 6.39%.
The upward trend in market value is largely driven by the increasing prevalence of chronic refractory cough worldwide. This condition, characterized by a persistent cough lasting more than eight weeks despite treatment, affects a substantial number of people globally, creating a growing demand for effective therapeutic solutions.
Chronic refractory cough is characterized by a persistent cough that defies standard treatments, persisting for more than eight weeks. This condition imposes a significant burden on affected individuals, severely impacting their quality of life and necessitating specialized medical intervention.
FMI, commented, “The burgeoning prevalence of chronic refractory cough underscores the urgent need for advanced treatment modalities. This market growth signifies a pivotal opportunity for innovation in addressing this challenging condition and improving patient outcomes.”
As the global healthcare landscape evolves, stakeholders are increasingly focusing on developing novel therapies and interventions to meet the pressing needs of patients grappling with chronic refractory cough.
The market offers various treatment options for chronic refractory cough, including:
- Medications: Antitussive drugs such as opioids, neuromodulators, and non-opioids may be prescribed to suppress the cough reflex and provide relief.
- Speech therapy: Techniques like cough suppression, cough control, and respiratory retraining may be employed to manage chronic refractory cough.
- Inhalers: Bronchodilators and corticosteroid inhalers may be used to alleviate cough symptoms associated with underlying respiratory conditions.
- Nerve stimulation: Certain therapies involve the electrical stimulation of nerves involved in cough reflexes to reduce cough frequency and severity.
- Surgery: In severe cases of chronic refractory cough, surgical interventions like vagus nerve stimulation or tracheostomy may be considered as a last resort.
The Chronic Refractory Cough Treatment market is highly competitive, with pharmaceutical companies and healthcare providers actively involved in research and development to introduce innovative therapies and improve patient outcomes. The market’s growth is also supported by increased awareness about chronic refractory cough among healthcare professionals and patients, leading to early diagnosis and intervention.
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Market Competition:
The market is moderately competitive and fragmented, with key players adopting strategies like mergers and acquisitions to drive growth. Notable companies in the market include Bayer AG, Sun Pharmaceutical Industries Ltd, Aurobindo Pharma Ltd, Mylan N.V., GlaxoSmithKline, Hikma Pharmaceuticals Plc, AstraZeneca, Bausch Health, Novartis AG, Cipla Inc, Glenmark Pharmaceuticals Ltd., Teva Pharmaceutical Industries Ltd, Alitair Pharmaceuticals, NeRRe Therapeutics, and Amneal Pharmaceuticals, Inc.
Recent Developments:
- On September 6, 2021, Bayer AG announced the results of the PAGANINI Phase IIb dose-finding study, which evaluated the efficacy and safety of its investigational P2X3 receptor antagonist, eliapixant (BAY1817080). The study focused on patients with refractory chronic cough (RCC).
- The study’s primary efficacy outcome showed a statistically significant reduction in the 24-hour cough count, with an average hourly cough frequency decrease of up to 27% for patients taking 75 mg of eliapixant twice daily, compared to placebo after 12 weeks of treatment.
Key Segments Profiled in the Chronic Refractory Cough Treatment Industry Survey:
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
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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