New Study: Pulmonary Drugs Market Report
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Commercialisation Remains Key Challenge in Pulmonary Drugs Market
While the newly approved drugs promise to take the pulmonary drugs market to new heights, the commercialisation of some of the newer drugs remains a challenge. For example, the FDA recently approved Pretomanid, a drug developed by the TB Alliance. This drug is expected to reach several individuals who are TB-drug resistant and form a very small population.
Earlier, the mainstream drugs were limited in their reach and either resulted in side-reaction or in non-responsiveness. The newly formed drug is likely to meet several challenges faced by patients. However, thanks to a growing investment in generic drugs by major players in the pharmaceutical industry, rising demand for generic drugs in the emerging world, and long-established distribution channels. These trends are expected to result in growth for the pulmonary drugs market in the near future.
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Rising Cases of COPD to Boost Growth in the Pulmonary Drugs Market
COPD or chronic obstructive pulmonary disease is a leading cause of breathing difficulties among 16 million Americans. Moreover, rising environmental and lifestyle factors are expected to lead to a significant rise in this number in the near future. Additionally, the FDA approved a drug for chronic obstructive pulmonary disease for the long term maintenance of the disease recently. This is expected to create several new opportunities in the pulmonary drugs market in the near future and boost growth in the near future.
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