The latest market report published by Credence Research, Inc. „Global Respiratory Tract Infection Treatment Market Growth, Future Prospects, Competitive Analysis and Pipeline Analysis, 2017 – 2025,“ the global respiratory tract infection treatment was valued at US $ 34,276.8 Mn in 2016 US $ 59,957.3 Mn by 2025 expanding at a CAGR of 6.2% from 2017 to 2025.
Browse the full report Global Respiratory Tract Infection Treatment – Market Growth, Future Prospects, Competitive Analysis, and Pipeline Analysis 2017 – 2025 at http://www.credenceresearch.com/report/respiratory-tract-infection-treatment-market
Market Insights
Microbes gain entry to the respiratory tract by inhalation of droplets and invade the mucosa. Causative agents of lower respiratory infections are viral or bacterial. Symptoms include cough, fever, chest pain, tachypnea and sputum production. Patients with pneumonia may also exhibit non-respiratory symptoms such as confusion, headache, myalgia, abdominal pain, nausea, vomiting and diarrhea. In the year 2016, the upper respiratory tract infection is due to factors such as constant climate change and air pollution, gross negligence when it comes to personal hygiene like sneezing, coughing (uncovered face) and touching inanimate objects with contaminated hands , Lower respiratory tract infection are anticipated to register faster growth in the disease segment 2017-2025, due to factors such as airborne disease, respiratory tract, and respiratory tract irritation. In 2016, NSAIDs holds the largest market in the drug class due to factors such as low cost and easy availability as OTC products. The antibiotics intends to be the fastest growing market in the drug treatment segment. The respiratory tract infection treatment is technologically driven and includes major players such as Abbott Laboratories, AstraZeneca, Boehringer Ingelheim GmbH, Pfizer, Inc., Sanofi, Teva Pharmaceutical Industries Ltd. are few market leaders in respiratory tract infection treatment and compete to augment their foothold in the market.
Key Market Movements:
– Higher public awareness and preference to maintain personal hygiene
– Rising number of respiratory complications in children and geriatric population
Regulatory approval for drugs used in the treatment of respiratory tract infection
Constantly changing climate and rise in air particulate matter due to industrial and automotive emission
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