Black Lung Disease Market Value Chain, Key Factor, Major Region Analysis and Forecasts Till 2023

Market Scenario:

Black lung disease or coal workers' pneumoconiosis is caused by long exposure to coal dust and is commonly diagnosed in many of the coal miners. The medical condition is characterized by a progressive building of the inhaled coal dust in the lungs, which may lead to inflammation, fibrosis, necrosis, and others. Increasing prevalence of black lung disease is one of the major drivers of market growth during the forecast period. According to the 2005-2016 report of the Health and Safety Executive, it was estimated that the average number of new cases for black lung disease was 25 (on a yearly basis).

However, factors such as lack of awareness, limited availability of medicinal treatment options followed by the high cost of surgical therapeutics including lung transplantation and stem cell therapy are estimated to restrain the market growth during the forecast period. In 2016, the average cost of lung transplantation was expected to be around USD 111, 618.

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Segmentation:                               

The global black lung disease market is segmented by the type, diagnosis, treatment, and end-user.

On the basis of the type, the market is segmented into simple coal worker’s pneumoconiosis, complicated coal worker’s pneumoconiosis, and others. On the basis of the diagnosis, the market is segmented into biopsy, imaging, full blood count, pulmonary/lung function tests, physical examination, and others. The imaging segment is segmented into CT, X-ray, and others. On the basis of the treatment, the market is segmented into oxygen therapy, bronchodilators, lung transplant, stem cell therapy, and others. On the basis of the end users, the market is segmented into hospitals & clinics, research organizations & academic institutes, diagnostic centers & labs, and others.

Intended Audience:

Pharmaceutical Companies
Biotechnological Institutes
Government and Private Laboratories
Research and Development (R&D) Companies
Medical Research Laboratories
Market Research and Consulting Service Providers
Key players in global black lung disease:

The key players for the global black lung disease market are Boehringer Ingelheim International GmbH (Germany), GlaxoSmithKline plc (U.K), Novartis AG (Switzerland), Teva Pharmaceutical Industries Ltd. (Israel), AstraZeneca (U.K), Koninklijke Philips N.V. (The Netherlands), GENERAL ELECTRIC (U.S.), Siemens AG (Germany), TOSHIBA CORPORATION (Japan), Medtronic (U.S.), and others.

Regional Analysis:

The Americas dominate the global black lung disease market owing to a well-developed healthcare sector and huge patient population. Moreover, increasing healthcare expenditure and presence of the key players like GENERAL ELECTRIC and Medtronic within the regions boosts the growth of the market in the Americas. Additionally, developed economies of the region like U.S. and Canada boost.

The Middle East & Africa has the least share in the global black lung disease market. Presence of poor economies, lack of a developed healthcare sector, stringent government policies, and lack of awareness of the disease, restrain the market growth, especially within the Africa region. A majority of the market of this region is held by the Middle East.

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TABLE OF CONTENT:

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

4.5 Macroeconomic Indicators

4.6 Technology Trends & Assessment

TOC Continued…!

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