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Cystic Fibrosis CF Therapeutics Market Analysis 2023: Market Size, Share, Demand, Growth And Forecast To 2032 | Teva Pharmaceutical Industries Ltd., Gilead Sciences, Inc., Mylan N.V, Novartis AG, F. Hoffmann-La Roche AG
Cystic Fibrosis CF Therapeutics Market
The Business Research Company's Cystic Fibrosis CF Therapeutics Global Market Report 2023 identifies increase in the number of patients suffering from cystic fibrosis as the major driver for the Cystic Fibrosis CF Therapeutics market's growth in the forecast period. Cystic fibrosis (CF) is an inherited condition that severely harms the body's lungs, digestive system, and other organs. Cystic fibrosis therapeutics are used to treat cystic fibrosis disorder by making the mucus in the lungs thinner and easier to cough up.
The global cystic fibrosis (CF) therapeutics market size is expected to grow from $5.82 billion in 2022 to $6.54 billion in 2023 at a compound annual growth rate (CAGR) of 12.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cystic fibrosis (CF) therapeutics market size is expected to reach $10.11 billion in 2027 at a CAGR of 11.4%.
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Major competitors in the Cystic Fibrosis CF Therapeutics market are Teva Pharmaceutical Industries Ltd., Gilead Sciences, Inc., Mylan N.V, Novartis AG, F. Hoffmann-La Roche AG.
A key trend in the Cystic Fibrosis CF Therapeutics market includes Product innovations. Major companies operating in the cystic fibrosis (CF) therapeutics sector are focused on developing new products to gain a competitive advantage in the market. For instance, in March 2021, Chiesi USA, a US-based specialty pharmaceutical company, launched Bronchitol (mannitol) powder, the 'First and Only' inhalation powder for cystic fibrosis patients. It is the only dry-powder inhaled mucoactive agent that is small, covert, and transportable, does not need to be refrigerated, and does not need to be cleaned frequently.
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The Cystic Fibrosis CF Therapeutics market is segmented -
1. By Drug Class: Pancreatic Enzyme Supplements, Mucolytic, Bronchodilators, CFTR Modulators
2. By Route Of Administration: Oral, Inhaled
3. By Treatment Method: Medication, Devices
4. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cystic Fibrosis CF Therapeutics market.
The Business Research Company's "Global Cystic Fibrosis CF Therapeutics Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cystic Fibrosis CF Therapeutics Market Include:
1. Executive Summary
2. Cystic Fibrosis (CF) Therapeutics Market Characteristics
3. Cystic Fibrosis (CF) Therapeutics Market Trends And Strategies
4. Cystic Fibrosis (CF) Therapeutics Market - Macro Economic Scenario
5. Cystic Fibrosis (CF) Therapeutics Market Size And Growth
……
26. Africa Cystic Fibrosis (CF) Therapeutics Market
27. Cystic Fibrosis (CF) Therapeutics Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cystic Fibrosis (CF) Therapeutics Market
29. Cystic Fibrosis (CF) Therapeutics Market Future Outlook and Potential Analysis
30. Appendix
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