Severe Acute Respiratory-Syndrome Treatment Market Competitive And Growth Analysis 2024 | Pfizer Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Merck And Co Inc., Novartis AG

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Severe Acute Respiratory-Syndrome Treatment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $6.12 billion In 2028 At A CAGR Of 15.4% :

The severe acute respiratory-syndrome treatment market size has grown rapidly in recent years. It will grow from $2.99 billion in 2023 to $3.45 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to global outbreak response, antiviral drug development, vaccine development, public health preparedness.

The severe acute respiratory-syndrome treatment market size is expected to see rapid growth in the next few years. It will grow to $6.12 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%. The growth in the forecast period can be attributed to broad-spectrum antivirals, emerging therapeutics, vaccine advancements, pandemic preparedness. Major trends in the forecast period include rna-targeted therapies, ai in drug discovery, global collaborations, public health education.

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Severe Acute Respiratory-Syndrome Treatment Market Major Segments
The severe acute respiratory-syndrome treatment market covered in this report is segmented -

1) By Drug Class: Antibiotics; Antiviral; Corticosteroids; Monoclonal Antibodies; Other Drug Classes
2) By Route Of Administration: Oral; Intravenous
3) By Indication: Severe Acute Respiratory Syndrome COVID-19 (SARS-CoV); Severe Acute Respiratory Syndrome COVID-19 2 (SARS‑CoV‑2)
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Other Distribution Channels

Key Driver - Surging Respiratory Disease Cases Fuel Growth In The Severe Acute Respiratory Syndrome Treatment Market

The growing incidence of respiratory diseases is expected to propel the growth of the severe acute respiratory syndrome treatment market going forward. Respiratory diseases refer to a group of medical conditions that affect the respiratory system responsible for breathing and the exchange of gases between the body and the external environment. Severe acute respiratory syndrome treatment is used in respiratory diseases to alleviate symptoms, prevent respiratory failure, reduce inflammation and maintain oxygen levels. For instance, in June 2023, according to reports shared by the Australian Institute of Health and Welfare, an Australia-based national agency, there was a rise in respiratory disease-related deaths from 43,031 in 2020 to 46,551 in 2021 in Australia. Therefore, the growing incidence of respiratory diseases is driving the growth of the severe acute respiratory syndrome treatment market.

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Prominent Trend - Leading Companies In The Severe Acute Respiratory Syndrome Treatment Market Pioneering Multiplexed Real-Time Pcr Techniques

Major companies operating in the severe acute respiratory syndrome treatment market are developing innovative techniques, such as multiplexed real-time PCR, to sustain their position in the market. Multiplexed real-time PCR is a molecular biology technology that permits the amplification and detection of numerous DNA or RNA targets in a single procedure. For instance, in July 2022, TransGen Biotech Co. Ltd., a Beijing-based researcher and manufacturer of molecular and cellular biology products, launched the Trans-SARS-CoV-2, Influenza A and B and Respiratory Syncytial Virus Assay. This innovative assay is a multiplexed real-time PCR (polymerase chain reaction) assay that can be used to detect and differentiate between severe acute respiratory syndrome COVID-19 2 (SARS CoV 2), Influenza A, Influenza B and respiratory syncytial virus (RSV) in a single specimen. Additionally, it is a valuable tool for diagnosing and treating SARS, influenza and RSV, which can help guide treatment and prevent the spread of these diseases.

Severe Acute Respiratory-Syndrome Treatment Market Players
Major players in the severe acute respiratory-syndrome treatment market are Pfizer Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Merck And Co Inc., Novartis AG, Bristol Myers Squib company, GlaxoSmithKline PLC, AstraZeneca PLC, Sanofi SA, Eli Lilly And Company, Gilead Sciences Inc., Amgen Inc., Johnson And Johnson Private Limited, Moderna Inc., Regeneron Pharmaceuticals Inc., Hetero labs Ltd., Alexion Pharmaceuticals Inc., Cadila healthcare Ltd., Genentech Inc., Cipla Ltd., Biogen Inc., Vir Biotechnology Inc., Swedish Orphan Biovitrum AB, Dynavax Technologies Corporation, ViiV Healthcare Limited, Panacea Biotec Limited, CureVac N.V., CN Bio Innovations Ltd., Inovio Pharmaceuticals Inc., Chimerix Inc.

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Largest And Fastest Growing Region In The Market
North America was the largest region in the severe acute respiratory syndrome treatment market in 2023. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in severe acute respiratory syndrome treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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

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