02-Sep-2020 | Facts and Factors
Findings from Facts and Factors report “Pneumonia Therapeutics Market by Product Type (Drugs (Branded and Generics), Vaccines, and Oxygen Therapy), and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global pneumonia therapeutics market in 2019 was approximately USD 14.99 Billion. The market is expected to grow at a CAGR of 8.00% and is anticipated to reach around USD 25.67 Billion by 2026.
Pneumonia is a severe inflammation of the lungs. It can be fatal in some people, particularly the elderly and those with respiratory disorders. COVID-19, a disease caused by a novel coronavirus, can spread to the lungs, causing pneumonia. The disease associated with the new coronavirus was originally referred to as novel coronavirus-infected pneumonia (NCIP). It was renamed COVID-19 by the World Health Organization, short for coronavirus disease in 2019. The ongoing COVID-19 pandemic has a positive impact on the demand patterns in the pneumonia therapeutics industry.
Browse the full “Pneumonia Therapeutics Market by Product Type (Drugs (Branded and Generics), Vaccines, and Oxygen Therapy), and Regions: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" https://www.fnfresearch.com/pneumonia-therapeutics-market-by-product-type-drugs-branded
Increasing numbers of cases are expected to boost the growth of the global market for pneumonia therapy. The global pneumonia therapeutics industry is expected to offer huge opportunities to producers, vendors, and customers around the globe. The growing prevalence of community-acquired pneumonia, particularly among younger individuals, is also a key factor contributing to market growth. Additionally, a Consistent increase in funding opportunities for research for the development of new products is expected to broaden the scope for growth over the coming years.
The global pneumonia therapeutics market is segmented on the basis of product type and region. On the basis of product type, the global pneumonia therapeutics market is divided into drugs, vaccines, and oxygen therapy. The drugs category is further divided as branded and generics. The branded drug category includes Aminopenicillins, Quinolones, Macrolides, B-lactamase inhibitors, Cephalosporins, Tetracyclines, Glycopeptide antibiotics, Carbapenems, and Others. The generic drug category includes Quinolones, Macrolides, and Others.
Based upon the region the global market has been categorized as North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa. North America is expected to dominate in the global market in terms of revenue as compared to that of markets in other regions during the forecast period 2020-2026. This is attributed to growing incidences of COVID -19, growth in the geriatric population, increasing multidrug resistance in adults & children that reiterates the need for the development of advanced generation therapeutics in the region. Asia Pacific is anticipated to grow at a significant CAGR in the near future. The growth in the Asia Pacific countries is owing to the increasing occurrence of pneumococcal disease, unmet medical needs, increased antimicrobial tolerance, and increased conditions leading to a compromised immune system in the countries of the Asia Pacific.
Key players operating in the pneumonia therapeutics market not restricted to include Bayer AG, Lupin Pharmaceuticals, Inc., Abbott, Allergan, Pfizer, Inc., GlaxoSmithKline plc, Novartis AG, and Merck & Co., Inc. Key operating players in the global pneumonia therapeutics market are aiming towards the mergers and acquisitions in order to get the competitive edge in the market. For instance, Merck & Co., Inc. is focusing on the development of the V114 pneumococcal vaccine currently under investigation in phase II trials.
This report segments the pneumonia therapeutics market as follows:
Global Pneumonia Therapeutics Market: By Product Type
Global Pneumonia Therapeutics Market: Regional Segmentation Analysis
Facts & Factors is a leading market research organization offering industry expertise and scrupulous consulting services to clients for their business development. The reports and services offered by Facts and Factors are used by prestigious academic institutions, start-ups, and companies globally to measure and understand the changing international and regional business backgrounds. Our client’s/customer’s conviction on our solutions and services has pushed us in delivering always the best. Our advanced research solutions have helped them in appropriate decision-making and guidance for strategies to expand their business.
[195+ Pages Report]Global high throughput process development market was projected at around USD 279 million in 2019 and is expected to hit around USD 715 million by 2026, at a CAGR of 14.4% during the forecast period. This specializedandexpertise oriented industry research report scrutinizesthe technical and commercial businessoutlook of the high throughput process developmentindustry. The report analyzes and declaresthe historical and current tre ...
Published Date : 29-Dec-2020 | | Category : Technology & Media | Pages : 195 | Format : Read more
[165+ Pages Report] Global hexanediol HDO market was projected at around USD 900 million in 2019 and is expected to reach USD 2,041 million by 2026, growing at a CAGR of 8.2% during the forecast period. This specializedandexpertise oriented industry research report scrutinizes the technical and commercial business outlook of the hexanediol HDOindustry. The report analyzes and declares the historical and current trends analysis of the hexanediol HDOindust ...
Published Date : 29-Dec-2020 | | Category : Chemical & Materials | Pages : 165 | Format : Read more
[175+ Pages Report]Global acetyl market was projected at USD 28 million in 2019 and is expected to reach USD 43 million by 2026, growing at a CAGR of 6%. This specializedandexpertise-oriented industry research report scrutinizes the technical and commercial business outlook of the acetyl industry. The report analyzes and declares the historical and current trends analysis of the acetyl industry and subsequently recommends the projected trends antic ...
Published Date : 28-Dec-2020 | | Category : Chemical & Materials | Pages : 175 | Format : Read more