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Steady Expansion Forecast for Severe Acute Respiratory-Syndrome Treatment Market, Projected to Reach $7.08 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.Severe Acute Respiratory-Syndrome Treatment Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The severe acute respiratory-syndrome treatment market has experienced strong growth in recent years. It is projected to increase from $3.45 billion in 2024 to $3.94 billion in 2025, at a compound annual growth rate (CAGR) of 14.1%. The growth during the historic period can be attributed to global outbreak responses, advancements in antiviral drug development, progress in vaccine research, and improved public health preparedness.
Severe Acute Respiratory-Syndrome Treatment Market Size Forecast: What's the Projected Valuation by 2029?
Anticipation surrounds the severe acute respiratory-syndrome treatment sector, projecting considerable expansion in the forthcoming years, with the market valuation set to reach $7.08 billion by 2029, propelled by a compound annual growth rate (CAGR) of 15.8%; this upswing is fundamentally driven by the deployment of broad-spectrum antivirals, the emergence of novel therapeutics, continued progress in vaccine technology, and amplified global pandemic preparedness initiatives, while key developments shaping this trajectory encompass the rise of rna-targeted therapies, the integration of artificial intelligence in pharmaceutical research, strengthening international partnerships, and enhanced public health awareness campaigns.
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What Are the Drivers Transforming the Severe Acute Respiratory-Syndrome Treatment Market?
The increasing prevalence of illnesses affecting the respiratory system, which governs breathing processes and the critical exchange of gases with the surroundings, is anticipated to fuel the expansion of the severe acute respiratory syndrome treatment sector in the future. Treatments for severe acute respiratory syndrome are employed in these respiratory ailments specifically to ease symptoms, avoid respiratory collapse, diminish inflammatory responses, and sustain adequate oxygenation. To illustrate this point, data released in November 2023 by the National Asthma Council, an Australian charity dedicated to enhancing asthma care and oversight across the nation, indicated that 467 fatalities linked to asthma were documented throughout 2022, with the breakdown showing 299 female deaths against 168 male deaths. This total marks an upswing when compared to the 355 deaths previously recorded in 2021, thereby establishing the rising rate of respiratory disease incidence as a primary catalyst propelling the severe acute respiratory syndrome treatment market forward.
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What Long-Term Trends Will Define the Future of the Severe Acute Respiratory-Syndrome Treatment Market?
Leading enterprises within the severe acute respiratory syndrome treatment sector are actively creating novel methodologies, incorporating advanced systems like multiplexed real-time PCR, as a means to solidify their standing in the marketplace. Multiplexed real-time PCR represents a sophisticated molecular biology technique enabling the simultaneous processing, amplification, and identification of several DNA or RNA targets within one experimental run. Demonstrating this progress, TransGen Biotech Co. Ltd., a firm from Beijing specializing in the creation of molecular and cellular biology goods, introduced the Trans-SARS-CoV-2, Influenza A and B and Respiratory Syncytial Virus Assay in July 2022. This new diagnostic tool is a multiplexed real-time polymerase chain reaction assay designed to identify and distinguish simultaneously between SARS-CoV-2, Influenza A, Influenza B, and respiratory syncytial virus (RSV) from just one patient sample. Furthermore, this assay proves highly beneficial for the accurate diagnosis and subsequent management of SARS, as well as flu and RSV cases, thereby assisting in treatment decisions and inhibiting the transmission of these viral illnesses.
Which Segments in the Severe Acute Respiratory-Syndrome Treatment Market Offer the Most Profit Potential?
The severe acute respiratory-syndrome treatmentmarket 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
Subsegments:
1) By Antibiotics: Broad-Spectrum Antibiotics; Narrow-Spectrum Antibiotics
2) By Antiviral: Nucleoside Analogs; Protease Inhibitors
3) By Corticosteroids: Systemic Corticosteroids; Inhaled Corticosteroids
4) By Monoclonal Antibodies: Neutralizing Antibodies; Non-Neutralizing Antibodies
5) By Other Drug Classes: Immunomodulators; Supportive Medications
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Which Firms Dominate the Severe Acute Respiratory-Syndrome Treatment Market by Market Share and Revenue in 2025?
Major companies operating 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.
Which Regions Offer the Highest Growth Potential in the Severe Acute Respiratory-Syndrome Treatment Market?
North America was the largest region in the severe acute respiratory syndrome treatment market in 2024. 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.
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