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Leading Growth Driver in the Pharyngitis Treatment Market in 2025: Increasing Strep Throat Transmission Fueling Growth In The Pharyngitis Treatment Market Driver's Influence
Pharyngitis Treatment Market Report
The pharyngitis treatment market has experienced steady growth in recent years. It will increase from $2.27 billion in 2024 to $2.37 billion in 2025, at a CAGR of 4.5%. The growth can be attributed to the high prevalence and increasing incidence of flu, rising pharyngitis cases, greater awareness of the condition, better access to healthcare, and higher disposable incomes.
The pharyngitis treatment market is expected to grow strongly, reaching $2.99 billion by 2029 at a CAGR of 6.0%. Growth is driven by rapid point-of-care tests, personalized medicine, antibiotic resistance, and the rising importance of hand hygiene. Key trends include advancements in pharyngitis therapies, digital health technologies, and telehealth integration.
What Is Contributing to the Growth of the Pharyngitis Treatment Market?
The rising incidence of strep throat transmission is set to fuel the pharyngitis treatment market's growth. Strep throat is a bacterial infection that affects the throat and tonsils, often requiring antibiotic treatment to relieve symptoms, prevent complications, and reduce the risk of spreading the infection. For example, in June 2022, the Centers for Disease Control and Prevention, a US-based government agency, reported that between 14,000 and 25,000 cases of invasive group A strep disease occur annually in the United States. Moreover, strep throat infections contribute to 5.2 million outpatient visits and 2.8 million antibiotic prescriptions each year. Therefore, the increasing spread of strep throat is boosting the pharyngitis treatment market.
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Which Key Market Leaders Are Driving Pharyngitis Treatment Industry Growth?
Major companies operating in the pharyngitis treatment market are Pfizer Inc., GlaxoSmithKline PLC, Genentech Inc., Pliva Hrvatska D.o.o., Viatris Inc., Teva Pharmaceutical Industries Ltd., AbbVie Inc., Medtronic PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Boehringer Ingelheim International GmbH, Viatris Inc., Teva Pharmaceutical Industries Ltd., Fresenius Kabi AG, Bausch Health Companies Inc., Sun Pharmaceutical Industries Ltd., Dr. Reddy's Laboratories Ltd., Cipla Limited, Hikma Pharmaceuticals PLC, Lupin Limited, Pliva Hrvatska D.o.o., LivaNova PLC, Genentech Inc.
What Are the Emerging Trends in the Pharyngitis Treatment Industry?
Companies in the pharyngitis treatment market are advancing innovative solutions, such as oral monotherapy, to enhance patient adherence and provide convenient, effective treatment. Oral monotherapy involves the administration of a single medication by mouth to treat a specific condition. In December 2023, Novartis AG, a Switzerland-based pharmaceutical company, received FDA approval for Fabhalta (iptacopan), establishing it as the first oral monotherapy for adults with paroxysmal nocturnal hemoglobinuria (PNH). This breakthrough treatment improves hemoglobin levels, eliminating the need for blood transfusions and offering a more convenient alternative for patients.
What Are the Main Segments in the Pharyngitis Treatment Market?
The pharyngitis treatment market covered in this report 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
Subsegments:
1) By Beta Lactams: Penicillins, Amoxicillin, Ampicillin
2) By Macrolides: Erythromycin, Azithromycin, Clarithromycin
3) By Cephalosporins: Cefuroxime, Ceftriaxone, Cefdinir
4) By Fluoroquinolones: Ciprofloxacin, Levofloxacin, Moxifloxacin
5) By Tetracycline: Doxycycline, Minocycline, Tetracycline
6) By Other Drug Classes: Clindamycin, Sulfonamides, Carbapenems
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Which Geographic Area Leads the Pharyngitis Treatment Market?
North America was the largest region in the pharyngitis treatment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in pharyngitis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
What Is Covered In The Pharyngitis Treatment Global Market Report?
- Market Size Analysis: Analyze the Pharyngitis Treatment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pharyngitis Treatment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pharyngitis Treatment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pharyngitis Treatment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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