The Inhaled Antibiotics Global Market Report 2023, provides comprehensive information on the inhaled antibiotics market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Inhaled Antibiotics Global Market Report 2023, the global inhaled antibiotics market is expected to grow from $1.34 billion in 2022 to $1.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global inhaled antibiotics market is expected to grow to $1.92 billion in 2027 at a CAGR of 7.2%.
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Investments in the development of inhaled antibiotics are a key trend gaining popularity in inhaled antibiotics market. Major pharmaceutical companies are investing in the development of inhaled antibiotics to sustain their position in the market. For instance, in December 2021, Enbiotix, a US-based drug development company invested $11 million in the development of antibiotics for lung infections. This funding would help with clinical testing of murepavadin, and ColiFin (inhaled colistimethate sodium) that are used for patients suffering from cystic fibrosis (CF).
The inhaled antibiotics market is segmented:
1) By Product Type: Aerosol or Metered Dose Inhaler, Dry Powder Formulation, Spray, Other Types
2) By Application: Pneumonia, Asthma, Bronchitis, Other Applications
3) By End-User: Hospitals, Other End Users
North America was the largest region in the inhaled antibiotics market in 2022.
The table of contents in TBRC’s inhaled antibiotics market report includes:
- Executive Summary
- Inhaled Antibiotics Market Characteristics
- Inhaled Antibiotics Market Trends And Strategies
- Inhaled Antibiotics Market – Macro Economic Scenario
- Inhaled Antibiotics Market Size And Growth
- Inhaled Antibiotics Market Segmentation
- Inhaled Antibiotics Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Inhaled Antibiotics Market
- Inhaled Antibiotics Market Future Outlook and Potential Analysis
- Appendix
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