Press release
Cough Syrup Market to Reach USD 6.80 Bn by 2029, emerging at a CAGR of 4.2 percent and forecast 2023-2029
Cough Syrup Market
The report employs a rigorous methodology, combining primary and secondary research, to analyze factors such as cost reductions, government incentives, environmental concerns, and technological advancements. Key market growth drivers and restraints, recent developments, and emerging trends are evaluated through a qualitative and quantitative approach. The data is compiled through a thorough process of analysis, modeling, and leveraging industry expertise.
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What are Cough Syrup Market Dynamics:
The global cough syrup market is expected to have significant growth in demand, Due to the increasing prevalence of respiratory disorders, especially chronic respiratory diseases (CRDs) such as chronic obstructive pulmonary disease (COPD) and asthma. According to the recent MMR Study report, CRDs emerged as the third leading cause of global mortality in 2022, resulting in over 4.0 million deaths, with COPD standing out as the primary contributor responsible for 3.3 million fatalities. The prevalence of CRDs has exhibited a significant upswing, reaching a global total of 454.6 million cases, with COPD contributing to 212.3 million prevalent cases. This surge in respiratory disorders underscores the demand for effective therapeutic solutions, positioning the cough syrup market for significant growth.
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Cough Syrup Market Regional Insights:
The Asia-Pacific region dominated the cough syrup market in 2022, driven by increased respiratory disorders, a rising geriatric population, and air pollution. North America experienced strong growth, attributed to changing weather patterns, innovative product formulations, and heightened awareness of health issues.
The competitive landscape features key players such as Johnson & Johnson, GlaxoSmithKline, Reckitt Benckiser, Novartis, and Procter & Gamble. The market is dynamic, characterized by ongoing research and development to create innovative formulations, aggressive marketing campaigns, and strategic pricing decisions based on distribution channels and regional preferences.
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What is Cough Syrup Market Segmentation:
by Product
Expectorants
Cough Suppressants
Antihistamines
Combination Medication
by Age Group
Pediatric
Adult
by Distribution Channel
Retail
Pharmacy
Hospital
Others
Who are Cough Syrup Market Key Players:
1. Johnson & Johnson
2. Pfizer Inc.
3. Roche Holding AG
4. Novartis International AG
5. Merck & Co., Inc.
6. GlaxoSmithKline (GSK)
7. Sanofi
8. AstraZeneca PLC
9. AbbVie Inc.
10. Amgen Inc.
11. Eli Lilly and Company
12. Bristol Myers Squibb
13. Takeda Pharmaceutical Company Limited
14. Abbott Laboratories
15. Bayer AG
16. Biogen Inc.
17. Gilead Sciences, Inc.
18. Novo Nordisk A/S
19. Regeneron Pharmaceuticals, Inc.
20. Vertex Pharmaceuticals Incorporated
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Table of content for the Cough Syrup Market includes:
Global Cough Syrup Market: Research Methodology
Global Cough Syrup Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Cough Syrup Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
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