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Pneumonia Therapeutics Market Updates: Expected to Reach $25.54 Billion by 2030

02-05-2024 01:01 PM CET | Health & Medicine

Press release from: Allied Market Research

Pneumonia Therapeutics Market Updates: Expected to Reach

The global pneumonia therapeutics market size was valued at $12,293.9 million in 2020, and is projected to reach $25,546.8 million by 2030, registering a CAGR of 8.5% from 2021 to 2030.

• CAGR: 8.5%
• Current Market Size: USD 12.29 Billion
• Forecast Growing Region: APAC
• Largest Market: North America
• Projection Time: 2021- 2030
• Base Year: 2021

𝑹𝒆𝒒𝒖𝒆𝒔𝒕 𝑺𝒂𝒎𝒑𝒍𝒆 𝑪𝒐𝒑𝒚 𝒐𝒇 𝒕𝒉𝒆 𝑹𝒆𝒑𝒐𝒓𝒕 𝑯𝒆𝒓𝒆 https://www.alliedmarketresearch.com/request-sample/A11230

The global pneumonia therapeutics market is being primarily propelled by a notable increase in pneumonia cases. Moreover, the industry is poised to benefit from a surge in product launches following FDA approvals, maximizing revenue potential. The ongoing rise in clinical trials dedicated to pneumonia treatment research is expected to foster industry expansion in the forecast period.

Additionally, the alarming uptick in the prevalence of community-acquired pneumonia (CAP) is anticipated to drive market growth. As highlighted by the Indian Journal of Medical Research in 2020, CAP stands out as a significant contributor to global mortality and morbidity, particularly in India, where it accounts for 23% of the global pneumonia burden, with case fatality rates ranging from 14% to 30% in 2020. This high prevalence underscores the importance of creating awareness among the general population about the need for early therapeutic interventions, ultimately contributing to increased revenue for pneumonia therapeutics in the foreseeable future.

Furthermore, the growing number of ongoing clinical trials focused on vaccine and drug molecule development is a positive factor influencing market expansion. Despite these favorable trends, the market faces challenges due to the enforcement of stringent regulations governing vaccines and drugs, which could hinder overall growth.

During the forecast period, North America is expected to hold a substantial portion of the global pneumonia therapeutics market. This growth is primarily driven by an increase in healthcare spending and a rise in the patient population within the region. Simultaneously, the Asia-Pacific region is anticipated to experience the fastest compound annual growth rate (CAGR) during this period, facilitated by a sizable patient population and rapid infrastructural development. Additionally, the market in the Asia-Pacific region is set to benefit from increased government investments in the research and development of medications, further propelling market growth.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 (208 𝐏𝐚𝐠𝐞𝐬 𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐚𝐧𝐝 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) @ https://www.alliedmarketresearch.com/pneumonia-therapeutics-market/purchase-options

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘
Depending on therapeutics, the treatment drugs segment held largest share in the global pneumonia therapeutics market in 2020.
On the basis of distribution channel, the research experienced the highest revenue in 2020, and is expected to continue to grow throughout the forecast period.
By end user, the hospitals & diagnostic laboratories garnered the largest pneumonia therapeutics market share in 2020, and is expected to remain dominant throughout the forecast period.
Region wise, LAMEA is expected to experience growth at the highest rate, registering a CAGR of 12.0% during the forecast period.

𝑲𝒆𝒚 𝑩𝒆𝒏𝒆𝒇𝒊𝒕𝒔 𝑭𝒐𝒓 𝑺𝒕𝒂𝒌𝒆𝒉𝒐𝒍𝒅𝒆𝒓𝒔
The study provides an in-depth analysis of the pneumonia therapeutics market size along with the current trends and future estimations to elucidate the imminent investment pockets.
The report covers the pneumonia therapeutics market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
A comprehensive analysis of factors that drive and restrain the growth of the pneumonia therapeutics market is provided.
The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook and pneumonia therapeutics market growth.

𝐃𝐨 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 - https://www.alliedmarketresearch.com/purchase-enquiry/11595

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 -
• Abbott Laboratories
• Bayer AG
• Eli Lilly & Company
• Glaxosmithkline PLC
• Lupin Pharmaceuticals, Inc.
• Merck KGAA
• Novartis AG
• Pfizer, Inc.
• Sanofi S.A.
• Teva Pharmaceuticals Industries Limited

𝐊𝐧𝐨𝐰 𝐌𝐨𝐫𝐞 https://www.alliedmarketresearch.com/pneumonia-therapeutics-market-A11230

𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 (𝐁𝐨𝐨𝐤 𝐍𝐨𝐰 𝐰𝐢𝐭𝐡 10% 𝐃𝐢𝐬𝐜𝐨𝐮𝐧𝐭):
𝐌𝐮𝐥𝐭𝐢𝐩𝐥𝐞 𝐌𝐲𝐞𝐥𝐨𝐦𝐚 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/multiple-myeloma-market
𝐓𝐞𝐥𝐞𝐫𝐞𝐡𝐚𝐛𝐢𝐥𝐢𝐭𝐚𝐭𝐢𝐨𝐧 𝐌𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/telerehabilitation-market-A31452
𝐈𝐦𝐦𝐮𝐧𝐨-𝐎𝐧𝐜𝐨𝐥𝐨𝐠𝐲 𝐀𝐬𝐬𝐚𝐲 𝐦𝐚𝐫𝐤𝐞𝐭 https://www.alliedmarketresearch.com/immuno-oncology-assay-market-A06079

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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