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Pharyngitis Treatment Market Research Report 2024-2033: Market Size, Analysis, Share And Key Trends | Pfizer Inc., GlaxoSmithKline PLC, Genentech Inc., Pliva Hrvatska D.o.o., Viatris Inc
Pharyngitis Treatment Market
The Business Research Company's Pharyngitis Treatment Global Market Report 2024 identifies rising transmission of strep throat as the major driver for the Pharyngitis Treatment market's growth in the forecast period. Strep throat is a contagious bacterial infection that primarily affects the throat and tonsils. Prompt and effective treatment of strep throat with antibiotics helps alleviate symptoms, prevent complications and reduce the risk of spreading the infection to others.
The pharyngitis treatment market size has grown strongly in recent years. It will grow from $2.15 billion in 2023 to $2.27 billion in 2024 at a compound annual growth rate (CAGR) of 5.5%. The growth in the historic period can be attributed to high prevalence and growing incidence of flu, rising prevalence of pharyngitis, growing awareness of pharyngitis, increasing access to healthcare, rising disposable incomes. The pharyngitis treatment market size is expected to see strong growth in the next few years. It will grow to $2.8 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%.
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Major competitors in the Pharyngitis Treatment market are Pfizer Inc., GlaxoSmithKline PLC, Genentech Inc., Pliva Hrvatska D.o.o., Viatris Inc.
A key trend in the Pharyngitis Treatment market includes growing incidence of influenza. Influenza, commonly known as the flu, is a contagious respiratory illness caused by influenza viruses. Pharyngitis treatment is primarily used to treat influenza and is helpful for the flu by relieving the symptoms, which are inflammation or irritation, and this treatment focused on relieving allergies and preventing complications such as pneumonia and bronchitis. For instance, in May 2023, according to a report published by the Centers for Disease Control and Prevention (CDC), a US-based government agency, in US there were 9 million flu (influenza) cases in between 2021 and 2022 and 5,000 deaths recorded. Therefore, the growing incidence is driving the growth of the pharyngitis treatment market.
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The Pharyngitis Treatment market is segmented -
1. By Drug Class: Beta Lactams, Macrolides, Cephalosporins, Fluoroquinolones, Tetracycline, Other Drug Classes
2. By Source of Infection: Viral, Bacterial
3. By Modes Of Delivery: Oral, Intravenous, Intramuscular, Other Modes Of Delivery
4. By End-Users: Hospitals, Homecare, Specialty Centers, Other End-Users
5. By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Pharyngitis Treatment market.
The Business Research Company's "Global Pharyngitis Treatment Market Report 2024" 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 Pharyngitis Treatment Market Include:
1. Executive Summary
2. Pharyngitis Treatment Market Characteristics
3. Pharyngitis Treatment Market Trends And Strategies
4. Pharyngitis Treatment Market - Macro Economic Scenario
5. Global Pharyngitis Treatment Market Size and Growth
……
32. Global Pharyngitis Treatment Market Competitive Benchmarking
33. Global Pharyngitis Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pharyngitis Treatment Market
35. Pharyngitis Treatment Market Future Outlook and Potential Analysis
36. Appendix
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