Cold, Cough and Sore Throat Remedies Market to reach US$ 10 Bn by 2026
Oral syrups segment is expected to expand at 2.9% CAGR over the estimated period and be valued more than US$ 10 Bn by the end of 2026. The segment is expected to create absolute $ opportunity of a little more than US$ 300 Mn in 2017 over 2016. The segment is the most acceptable dosage form for cough, cold, and sore throat medicines due to ease of administration and pleasant taste. The oral syrups segment dominated the global cold, cough and sore throat remedies market in terms of revenue in 2016 and the trend is projected to continue throughout the forecast period. Oral syrups segment is the most attractive segment, with attractiveness index of 1.5 over the forecast period.
Pleasant taste and easy intake of oral syrups are the key factors boosting segmental growth during the forecast period
The majority of paediatric and geriatric patients prefer liquid as a delivery method over solid dosage forms, which is attributed to high proportion of oral syrups in the global cold, cough and sore throat remedies market. There is large scale adoption of oral syrups by pharmacy chains, especially in European countries, which is expected to fuel the sales of oral syrups in the global market. Most of the oral syrups are OTC (Over-the-Counter) drugs which do not need a doctor’s prescription. Consumers are conditioned to treat cold, cough and sore throat with OTC drugs than to seek healthcare professionals and this propels the growth of the oral syrups segment across the globe. Continuous launch of new and improved drug types and increasing investment in research and development by manufacturers in oral syrups would lead to the growth of the oral syrups segment in the global cold, cough and sore throat remedies market. An intake of oral syrups is suitable for all patients irrespective of their age. Particularly, oral syrups are prescribed mostly for children and elderly patients and this factor is creating a positive impact on the oral syrups segment.
Request Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-1292
Emerging markets such as Brazil, Russia, India and China represent the larger market for OTCs and generics. Pharmaceuticals industry in these countries is dominated by the private sector, where pharma companies can reap larger revenue from the strong sales of oral syrups.
cold, cough and sore throat remedies market
The oral syrups segment is projected to grow in North America during 2016-2026
Oral syrups segment dominated the North America cold, cough and sore throat remedies market by doses type segment in terms of revenue in 2016, and the trend is projected to grow throughout the forecast period. Oral syrups segment is the most attractive segment in the North America cold, cough and sore throat remedies market, with attractiveness index of 1.5 over the forecast period. Revenue from the oral syrups segment is anticipated to increase at a CAGR of 1.9% over 2016–2026, to reach more than US$ 3,000 Mn by 2026. OTC cough syrups for children are receiving exceptional attention in the U.S. by regulators, physicians and parents due to safety concerns. In the last 3 years, FDA has withdrawn more than 200 cough syrups containing hydrocodone from the market.
Send An Enquiry@ http://www.futuremarketinsights.com/askus/rep-gb-1292
In Latin America, revenue from the oral syrups segment is anticipated to increase at a CAGR of 3.6% over 2016–2026, to reach more than US$ 500 Mn by 2026. The segment is expected to record attractiveness index of 1.7 over the forecast period in Western Europe. Revenue from the oral syrups segment is anticipated to increase at a CAGR of 4.1% over 2016–2026, to reach a market value of a little more than US$ 5,000 Mn by 2026 in the APEJ cold, cough and sore throat remedies market.
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
You can edit or delete your press release Cold, Cough and Sore Throat Remedies Market to reach US$ 10 Bn by 2026 here
News-ID: 550081 • Views: 142
More Releases from Future Market Insights
How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
More Releases for Oral
Global Oral Irrigator Market 2018 - Panasonic, Oral-B, Jetpik, Aquapick
Apex Market Reports, recently published a detailed market research study focused on the “Oral Irrigator Market” across the global, regional and country level. The report provides 360° analysis of “Oral Irrigator Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Oral Irrigator on
Global Oral Care/Oral Hygiene Market Research Report 2017
Latest industry research report on: Global Oral Care/Oral Hygiene Market | Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts The Oral Care/Oral Hygiene Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures, CAGR, driving factors, growth restraints, and business opportunities. Buyers of the report are expected to be informed about significant
Oral Care/Oral Hygiene Market Development and Demand Forecast Report
Oral care/oral hygiene is the practice of keeping mouth clean and healthy by regularly brushing and cleaning the teeth. There are several oral problems such as bad breath, dry mouth, canker or cold sores or tooth decay which can be treated with proper diagnosis and oral care. Oral care/oral hygiene market has been growing due to increase in good hygiene practices, increasing prevalence of oral diseases and technological advancements in
Global Oral Care/Oral Hygiene Market Research Report 2017
Report Hive Market Research Released a New Research Report of 128 pages on Title " Global Oral Care/Oral Hygiene Market Research Report 2017 "with detailed Analysis, Forecast and Strategies. In this report, the global Oral Care/Oral Hygiene market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report
Global Oral Vaccines Market
The global market for oral vaccines is primarily driven by increasing prevalence of infectious diseases in developing countries, bioterrorism, resistance to existing vaccines, etc. In addition to this, patient adherence to needle-free vaccine regime, preference to oral vaccines by children and geriatric population, cost effective nature, recent FDA approvals to oral vaccines for diseases such as cholera etc. are some of the factors expected to fuel the growth of global
Oral Healthcare Tracker Market grows with oral healthcare technology innovation
Global Oral Healthcare Tracker Market: Overview The global oral healthcare tracker market is currently set to clutch auspicious growth opportunities and affirm broadening expansion with novel and technologically advanced products. For instance, the embedded artificial intelligence (AI) offered with oral health tech company Kolibree’s smart toothbrush has recently made the headlines. According to Kolibree, Ara is the first toothbrush with AI technology. The smart toothbrush is able to record the brushing