Market Overview:
|
Report Attribute
|
Details |
|---|---|
| Base Year |
2022
|
| Forecast Years | 2023-2033 |
| Historical Years |
2017-2022
|
|
Market Size in 2022
|
US$ 9,054.8 Million
|
|
Market Forecast in 2033
|
US$ 13,821.3 Million
|
|
Market Growth Rate (2023-2033)
|
3.9% |
The chronic refractory cough market share reached a value of US$ 9,054.8 Million in 2022 and expects to reach US$ 13,821.3 Million by 2033, exhibiting a growth rate (CAGR) of 3.9% during 2023-2033.
According to the IMARC Group, the chronic refractory cough market exhibited a market size of US$ 13,821.3 Million in the year 2033 and is projected at a CAGR of 3.9% during 2023-2033. This can be attributed to the emerging popularity of superior laryngeal nerve block as a long-term treatment alternative, owing to its numerous advantages, including high patient compliance, feasibility, safety, and improved quality of life
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Chronic Refractory Cough Market Trends:
Chronic refractory cough (CRC) is a condition in which a person experiences a persistent cough that lasts for more than eight weeks despite undergoing multiple treatments. The market for chronic refractory cough is witnessing rapid growth owing to several factors. A primary driver in the chronic refractory cough market is the increasing number of people diagnosed with this condition. Factors such as environmental pollution, rising smoking rates, and the prevalence of respiratory ailments like asthma and COPD have contributed to the growing incidence of CRC, highlighting the urgent need for effective treatments. Technological advancements in diagnostic tools and therapeutic devices have played an important role in stimulating the chronic refractory cough market. Enhanced imaging techniques, pulmonary function tests, and advancements in cough monitoring systems have significantly improved the accuracy of diagnosis and the effectiveness of medications. In response to the escalating demand, pharmaceutical and biotechnology firms are allocating more resources to R&D efforts aimed at understanding the root causes of CRC and creating targeted medications. This investment surge has expedited drug discovery and the development of innovative therapeutic options.
A rise in health literacy and improved access to health information have heightened public awareness of chronic refractory cough, its debilitating impact, and the available medication choices. Consequently, there is a growing demand for advanced therapies. Despite the presence of existing medications, many CRC patients continue to suffer from persistent symptoms. The unmet need has spurred stakeholders to explore and invest in inventive solutions, driving the growth of the chronic refractory cough market. Regulatory agencies have recognized the significance of CRC and are actively supporting expedited approval processes for potential treatments. Incentives like orphan drug status, fast-track designations, and breakthrough therapy designations have streamlined the introduction of drugs into the market. Additionally, the increasing adoption of non-pharmacological interventions, such as cough-suppression physiotherapy and speech therapy, for patients who have not responded to conventional medicinal regimens is expected to further propel the chronic respiratory cough market.
Countries Covered:
• United States
• Germany
• France
• United Kingdom
• Italy
• Spain
• Japan
Analysis Covered Across Each Country:
• Historical, current, and future epidemiology scenario
• Historical, current, and future performance of the chronic refractory cough market
• Historical, current, and future performance of various therapeutic categories in the market
• Sales of various drugs across the chronic refractory cough market
• Reimbursement scenario in the market
• In-market and pipeline drugs
This report also provides a detailed analysis of the current chronic refractory cough marketed drugs and late-stage pipeline drugs.
In-Market Drugs:
• Drug Overview
• Mechanism of Action
• Regulatory Status
• Clinical Trial Results
• Drug Uptake and Market Performance
Late-Stage Pipeline Drugs:
• Drug overview
• Mechanism of action
• Regulatory status
• Clinical trial results
• Drug uptake and market performance
Competitive Landscape of Key Players :
The competitive landscape of the chronic refractory cough market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these Key Players:
- Bellus Health
- Merck & Co
- Shionogi
- Axalbion
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