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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Upper Respiratory Tract Infection Treatment Market Analysis
The growing incidence of upper respiratory tract infections, the development of new drugs, and the increasing demand for over-the-counter drugs is aiding the growth of the upper respiratory tract infection treatment market globally. With the advancement in technology and development in the treatment of upper respiratory tract infection, the market is witnessing an increased growth. Further, the growing awareness regarding the treatment and the rising disposable income, especially in emerging economies, are expected to drive the industry growth over the forecast period.
The antibiotics segment, among other types, dominated the global market in 2023, owing to its easy availability and effective results. Region-wise, while North America accounted for the highest share in the market in 2023, the Asia Pacific region is expected to grow at the fastest rate over the forecast period owing to the growing population and increased expenditure on health care services in the region.
Upper Respiratory Tract Infection Treatment Market Report Snapshots
Upper Respiratory Tract Infection Treatment Market Size
Upper Respiratory Tract Infection Treatment Market Analysis
Upper Respiratory Tract Infection Treatment Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market size attained a value of USD 1.81 billion in 2023, driven by the rising prevalence of lung disorders.
The market is likely to grow at a CAGR of 3.6% during the forecast period of 2024-2032 to attain a value of USD 2.48 billion by 2032.
The major drivers of the market include the growing incidence of upper respiratory tract infections, development of new drugs, growing awareness regarding the treatment, rising disposable income, and advancement in technology.
They key trends in the market include the rise in the demand for and availability of over-the-counter drugs, and the advent of biologics.
The major regional markets include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
The types can be divided into nonsteroidal anti-inflammatory drugs (NSAIDs) And nasal decongestants, among others.
The routes of administration include oral, nasal, and parenteral routes.
The distribution channels in the market include hospital pharmacies and online pharmacies, among others.
The key players in the market include GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Pfizer Inc., Cipla Limited, Lupin Limited, Merck & Co., Inc., Alcon, Inc., Teva Pharmaceuticals, and Sandoz, Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124