Pneumonia Treatment Drugs Market
pneumonia treatments was valued at USD 11.9 billion in 2016 and is projected to expand at a CAGR of 8.0% from 2017 to 2021. A significant contributing driver is the rise of pneumococcal illness. The prevalence of both community-acquired and ventilator-associated bacterial pneumonia has significantly increased over time. The World Health Organization estimates that there are roughly 150.7 million cases per year, of which 7 to 13 percent need acute care. In addition, a significant driver driving market expansion is the rising prevalence of community-acquired pneumonia, particularly in younger people. 95% of all pneumococcal episodes in children take place in developing nations, according to the WHO. During the forecast period, an increase in pneumonia cases is anticipated to fuel the market for pneumonia treatments. Furthermore, the market is anticipated to develop in the coming years due to an increase in the prevalence of community-acquired pneumonia, particularly in younger people. Additionally, rising prevalence shows unmet clinical needs, which will drive up demand for anti-pneumonia drugs in the years to come. Additionally, it is anticipated that an increase in R&D focused on treatment methods will fuel market expansion. However, it is anticipated that a lack of knowledge about preventive immunizations may impede market expansion. Contrarily, it is projected that an increase in investments in the development of innovative medicines that can be utilised as treatments for pneumonia will open lucrative potential for the industry.
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Pneumonia Treatment Drugs Market: Segment Analysis
Global Pneumonia Treatment Drugs Market: By Type
Macrolides
Cephalosporin
Penicillin
Tetracyclines
Fluoroquinolones
Vancomycin
Other Antibiotics
Immunotherapy Drug
Vaccines
Interferon
Global Pneumonia Treatment Drugs Market: By Application
Hospital
Clinic
Drugstore
Global Pneumonia Treatment Drugs Market:key players
GlaxoSmithKline
MSD
Mylan
Novartis
Pfizer
Teva Pharmaceutical
Arsanis
AstraZeneca
Combioxin
Shinogi
Sun Pharmaceutical
Medicines
Theravance Biopharma
Key Regions & Countries
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Physiotherapy Devices market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Key Questions Answered in This Report:
- What is the driving factor for the growth of this Market?
- How will the COVID-19 pandemic impact the demand and consumption of this Market?
- What is the major application area of this Market?
- Which geographical location is dominant in this Market?
- Which are the top industry players in this Market?
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