"In today's rapidly transforming business environment, companies must identify and seize new opportunities while avoiding threats and adapting quickly. To always be a step ahead and make the right decisions, having such a market research report is critical to obtain the information needed and make important decisions with confidence. The Antitussive Drugs Market survey report includes a proper introduction providing background information, target audience, and objectives. It also includes qualitative research describing the participants in the research and why they are relevant to the business. A summary of the market data used to draw conclusions and the chosen research methods is also included in the persuasive Antitussive Drugs Market report.
The top-notch Antitussive Drugs Market research report incorporates graphs and charts to enhance visual appeal, providing the best way for users to understand customers and increase satisfaction by meeting needs and expectations. It also helps discern the factors influencing the business, determine the brand's position, and gauge the market temperature before launching a product. Once all market analysis and studies are complete, presenting them efficiently is crucial to onboard everyone and make the right decisions for the business strategy; market research reports are key allies in this matter.
Data Bridge Market Research analyses that the global antitussive drugs market which was USD 1351.72 million in 2022, would rocket up to USD 1878.58 million by 2030, and is expected to undergo a CAGR of 4.20% during the forecast period.
Explore Further Details about This Research Antitussive Drugs Market Report https://www.databridgemarketresearch.com/reports/global-antitussive-drugs-market
Report Scope and Market Segmentation
REPORT METRIC | DETAILS |
Forecast Period | 2023 to 2030 |
Base Year | 2022 |
Historic Years | 2021 (Customizable to 2016-2021) |
Quantitative Units | Revenue in USD Million, Volumes in Units, Pricing in USD |
Segments Covered | Drug (Benzonatate, Dextromethorphan), Drug Class (Centrally Acting Drugs, Peripherally Acting Drugs, Others), Route of Administration (Oral, Inhalational, Others), Indication (Cold Symptoms, Pain, Cough, Others), Product Type (Over-the-counter (OTC), Prescription Drug), Age Group (Pediatric, Adult, Geriatric), Dosage Form (Syrup, Tablet, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others) |
Countries Covered | U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Egypt, Israel, Rest of the Middle East & Africa |
Market Players Covered | F. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd.(Israel), Sanofi (France), Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Sun Pharmaceutical Industries Ltd. (India), Zydus Cadila (India), Aurobindo Pharma (India), AstraZeneca (U.K.), Johnson & Johnson Private Limited (U.S.), Intas Pharmaceuticals Ltd. (India), Amneal Pharmaceuticals LLC. (U.S.), Cipla Inc. (U.S.), Hikma Pharmaceuticals PLC (U.K.), 3M (U.S.), Bayer AG (Germany), Ipca Laboratories Ltd. (India), Unique Pharmaceuticals Limited. (India), Aceto (U.S.) |
Market Opportunities |
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Market Definition
Cough suppressants, often known as antitussives, are drugs that prevent coughing. Although the specific mechanism of action is uncertain, antitussives are hypothesized to work by blocking a coordinating area for coughing in the brain stem, so breaking the cough reflex arc. Opioids are the source of many antitussives, including pholcodine, codeine, and dextromethorphan.
Antitussive Drugs Market Dynamics
Drivers
- Surging prevalence of cough
Cough is estimated to be a major element driving demand for antitussive drugs, which will propel the market forward. Cough is the most common reason for visits to primary care physicians worldwide, accounting for roughly 8% of all consultations, according to data published by the National Center for Biotechnology Information in 2014. According to the same source, the global annual prevalence of cough in the general population is estimated to be between 10% and 33%.
- Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of antitussive drugs market is the rising healthcare expenditure which helps in improving its infrastructure.
- Rising geriatric population
The surging number of geriatric population will propel the market's growth rate during the forecast period of 2022-2029. As per the World Ageing 2020 research, the world's population will be roughly 727 million people aged 65 and up in 2020. In 2050, the number of elderly people is expected to increase to 1.5 billion. The geriatric population is more prone to chronic ailments, which is anticipated to enhance the market's growth rate.
Opportunity
- Innovation and Drug Development:
Ongoing research and development in the pharmaceutical industry are leading to the discovery of novel antitussive compounds and formulations. The introduction of innovative drugs with improved efficacy and fewer side effects provides opportunities for pharmaceutical companies to capture market share and address unmet medical needs.
Why choose Data Bridge Market Research?
- Modern technologies, such as artificial intelligence, to provide updated industry growth.
- DBMR team provides clients with the top notch Antitussive Drugs Market research report.
- Interaction with research scientists and development heads to understand the nature of the Antitussive Drugs Market more precisely.
- 24/7 availability of services.
- Data collection from implementation vendors, service providers, and raw material suppliers to provide a clear perspective with Forecast period.
DBMR team uses very fair means to gather information that is scrutinized at every stage while structuring an influential Antitussive Drugs Market size
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