Black Lung Disease Global Market 2024 - By Size, Growth, Trends And Analysis Forecast To 2033

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Black Lung Disease Global Market Report 2023 identifies increasing mining activities as the major driver for the Black Lung Disease market's growth in the forecast period. Mining activities involve extracting valuable minerals, ores and other geological materials from the earth's crust. Black lung disease is caused by mining activities and inhaling coal mine dust, which contains dangerous carbon-containing particles and affects coal miners.

The black lung disease market size has grown rapidly in recent years. It will grow from $8.44 billion in 2023 to $9.66 billion in 2024 at a compound annual growth rate (CAGR) of 14.5%. The growth in the historic period can be attributed to coal mining industry growth, awareness and education, compensation and benefits, legislative and legal developments. The black lung disease market size is expected to see rapid growth in the next few years. It will grow to $16.7 billion in 2028 at a compound annual growth rate (CAGR) of 14.7%.

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Major competitors in the Black Lung Disease market are Pfizer Inc., Johnson and Johnson, Siemens AG, General Electric, F. Hoffmann-La Roche AG.

A key trend in the Black Lung Disease market includes increasing prevalence of tuberculosis. Tuberculosis refers to a bacterial infection primarily caused by Mycobacterium tuberculosis. It spreads through the air when an infected person coughs or sneezes, and it can lead to symptoms such as coughing, fever, weight loss, and fatigue. The increasing prevalence of tuberculosis (TB) is a factor in black lung disease because people with tuberculosis (TB) are at increased risk of developing black lung disease, and they are more likely to be exposed to coal dust. For instance, in March 2023, according to the Centers for Disease Control and Prevention, a US-based national public health organization, in the US, 8,300 cases of tuberculosis (TB) were reported in 2022, a rise from 7,874 cases in 2021. Therefore, the increasing prevalence of tuberculosis is driving the growth of the black lung disease market.

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The Black Lung Disease market is segmented -
• By Type: Simple Coal Worker's Pneumoconiosis, Complicated Coal Worker's Pneumoconiosis, Other Types
• By Treatment: Oxygen Therapy, Bronchodilators, Lung Transplant, Stem Cell Therapy, Other Treatment
• By Diagnosis: Biopsy, Imaging, Full Blood Count, Pulmonary Or Lung Function Tests, Physical Examination, Other Diagnosis
• By End Users: Hospitals And Clinics, Research Organizations And Academic Institutes, Diagnostic Centers And Labs, Other End Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Black Lung Disease market.

The Business Research Company's "Global Black Lung Disease 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 Black Lung Disease Market Include:
1. Executive Summary
2. Black Lung Disease Market Characteristics
3. Black Lung Disease Market Trends And Strategies
4. Black Lung Disease Market - Macro Economic Scenario
5. Global Black Lung Disease Market Size and Growth
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32. Global Black Lung Disease Market Competitive Benchmarking
33. Global Black Lung Disease Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Black Lung Disease Market
35. Black Lung Disease Market Future Outlook and Potential Analysis
36. Appendix

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