The global chronic refractory cough treatment market is poised for substantial growth over the coming decade, with recent market analysis forecasting its value to soar to USD 17.1 billion by 2033. This projection reflects a robust Compound Annual Growth Rate (CAGR) of 6.39%.
According to the analysis, conducted by FMI, the market was estimated to be worth USD 9.2 billion in 2023, signaling a remarkable upward trajectory. The surge in market value can be primarily attributed to the escalating prevalence of refractory chronic cough worldwide.
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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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Top Companies Profiled:
- Bayer AG
- Sun Pharmaceutical Industries Ltd
- Aurobindo Pharma Ltd
- Mylan N.V.
- GSK Plc.
- Hikma Pharmaceuticals Plc
- AstraZeneca Plc.
- Bausch Health
- Novartis AG
- Cipla Inc.
- Glenmark Pharmaceuticals Ltd.
- Teva Pharmaceutical Industries Ltd
- Alitair Pharmaceuticals
- NeRRe Therapeutics
- Amneal Pharmaceuticals Inc.
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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