Health Resilience: Cough And Cold Preparations Market Reveals Size, Share, and Key Growth Strategies in Pharma || Johnson & Johnson, GlaxoSmithKline plc, Procter & Gamble, Bayer AG

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Cough And Cold Preparations Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The cough and cold preparations market size has grown strongly in recent years. It will grow from $80.96 billion in 2023 to $85.36 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to increased prevalence of respiratory diseases, increased incidence of tobacco smoking, global warming, strong economic growth in emerging markets and rise in healthcare expenditure.

The cough and cold preparations market size is expected to see strong growth in the next few years. It will grow to $104.31 billion in 2028 at a compound annual growth rate (CAGR) of 5.1%. The growth in the forecast period can be attributed to increased popularity of e-cigarettes/ vaping, rising obesity levels, large pool of undiagnosed population and government initiatives. Major trends in the forecast period include use of probiotics to treat asthma, advanced bronchodilators launched, new product launches, mergers and collaborations in the market, increasing demand for personalized medicines, demand for aerosol respiratory drugs, rise of generic respiratory drugs and combination drug therapy to treat copd.

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Market Segmentation:
The cough and cold preparations market covered in this report is segmented -

1) By Drug Type: Antihistamines, Expectorants, Bronchodilators, Decongestants, Antibiotics, Other Drug Types.
2) By Dosage Type: Oral Syrups, Tablets/Pills, Nasal Drops, Lozenges, Other Dosage Types
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Other Distribution Channels

Major Driver - Rising Allergy Incidence Propels Growth In The Cough And Cold Preparations Market
The rising incidence of allergies is expected to fuel the growth of the cough and cold preparations market in the forecast period. There are many respiratory allergies such as pollen, dust, mold, and pet allergies, these allergies are caused due to contaminated outdoor and indoor air. Cough and cold preparations are consumed for treating allergies, which cause cough and cause issues in the respiratory tract. For instance, according to the European Academy of Allergy and Clinical Immunology, a non-profit organization for European clinicians, researchers, and allied health professionals, by 2025, 1 in every 3 people in the European Union is expected to be affected by allergies. Thus, the increase in the incidence of respiratory allergies will bolster the demand for cough and cold preparations, positively affecting the growth of the market.

Competitive Landscape:
Major companies operating in the cough and cold preparations market report are Johnson & Johnson, GlaxoSmithKline plc, Procter & Gamble, Bayer AG, Reckitt Benckiser Group plc, Novartis AG, Perrigo Company, Sun Pharmaceutical Industries Ltd., Prestige Consumer Healthcare, Blackmores Limited, AFT Pharmaceuticals, Dexa Medica, Glenmark Pharmaceuticals Limited, Wockhardt Ltd, Apnar Pharma LP, Hanmi Pharmaceutical, Cipla Limited, Aurobindo Pharma Limited, KYORIN Holdings, Inc, Nichi-Iko Pharmaceutical Co., Ltd, Otsuka Pharmaceutical Co., Ltd. , China National Pharmaceutical Group Co., Ltd, Shanghai Anovent Pharma, Shanghai Acebright Pharmaceuticals Group Co., Ltd, China Meheco Group Co., Ltd. , Merck & Co, Abbott Laboratories, Boehringer Ingelheim, Roche Holding AG, Vectura Group, Pfizer, Mylan, Teva Pharmaceutical Industries Ltd, Sanofi, W. K. Buckley Limited, BENYLIN, Sanfer, PROBIOMED, PiSA, EMS Pharma, Hypermarcas, Ache, Eurofarma, Biolab Farmaceuticad, Cristalia, Libbs, AstraZeneca, Neopharma, Regal Pharmaceuticals, Adcock Ingram, Aspen Pharmacare

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Top Trend - Technological Advancements Propel The Cough And Cold Preparations Market
Advancements in technologies are driving the global pharmaceutical sector including cold and cough preparations. According to a global life sciences report by Deloitte, the adoption of AI, robotic automation, the Internet of Medical Things (IoMT), blockchain, DIY diagnostics, virtual care, mobility in drug delivery and clinical trials, genomics, next-generation therapies, cloud computing, Real-World Evidence (RWE), and data-driven precision medicine are the major technologies driving the life sciences sector. AI technology is being used in diagnoses, treatment planning, patient monitoring, and drug discovery. The IoMT is allowing new business models to emerge and enhancing customer experiences. Pharmaceutical companies are also increasingly using biomarkers in the drug development process to reduce the time taken to bring the product into the market. Biomarkers are biological indicators that are objectively measured and evaluated for biological processes, pathogenic processes, or pharmacological responses to a therapeutic intervention.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Cough And Cold Preparations Market Characteristics
3. Cough And Cold Preparations Market Trends And Strategies
4. Cough And Cold Preparations Market - Macro Economic Scenario
5. Cough And Cold Preparations Market Size And Growth
…..
27. Cough And Cold Preparations Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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