North America Acute Lung Injury Market to Outstrip $280.16 Million by 2028 Growing Sturdy at 4.8% CAGR - COVID-19 Impact and Global Analysis by Business Market Insights

The North America acute lung injury market is expected to grow from US$ 201.93 million in 2021 to US$ 280.16 million by 2028; it is estimated to grow at a CAGR of 4.8% from 2021 to 2028. Manufacturers in the acute lung injury treatment market are focusing on the adoption of various strategies such as product innovation, product launches, and approvals, as well as R&D investment for advancements, along with inorganic strategies such as merger and acquisition and partnerships as their developmental strategies to maintain the competitive environment in the market. For instance, Faron Pharmaceuticals, Ltd. Is engaged in developing pharmacological treatments for ALI with the help of a consortium. The FP-1201-lyo treatment for acute lung injury is in the third phase of clinical trials and is anticipated to obtain marketing authorization during the forecast period. Similarly, in November 2020, Novartis entered into an exclusive license with Mesoblast to manufacture, develop, and commercialize remestemcel-L to treat ARDS associated with COVID-19.

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key companies profiled in this research study are: 
Angion
Asklepion Pharmaceuticals, LLC.
GlaxoSmithKline Plc
Qx Therapeutics, Inc.
ReAlta Life Sciences, Inc.
Stemedica Cell Technologies, Inc
Windtree Therapeutics, Inc.

North American market for acute lung injury consists of the US, Canada, and Mexico. The US is the largest market for acute lung injury, followed by Canada and Mexico. The market across the US is expected to grow due to the well-established infrastructure, increasing prevalence of Acute Lung Injury and other lung diseases. Lung diseases like chronic obstructive pulmonary disease (COPD) and acute lung injury are the third leading cause of death in the US. Pneumonia is the direct cause of acute lung injury. According to the American Thoracic Society (ATS), pneumonia is the most common cause of sepsis and shock, causing 50% of all episodes. Pneumonia is a very common reason for US children being hospitalized. Every year, almost 1 million individuals in the United States seek hospital treatment for pneumonia, and 50,000 people die as a result of the illness.

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The reports cover key developments in the North America Acute Lung Injury Market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players.

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Major Features of North America Acute Lung Injury Market Report:
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Acute Lung Injury Market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the North America Acute Lung Injury Market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth North America market trends and outlook coupled with the factors driving the market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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