The Business Research Company’s Severe Acute Respiratory-Syndrome Treatment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Severe Acute Respiratory-Syndrome Treatment Global Market Report 2023 evaluates severe acute respiratory-syndrome treatment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global severe acute respiratory-syndrome treatment market is expected to grow from $2.99 billion in 2023 to $3.45 billion in 2024 at a compound annual growth rate (CAGR) of 15.3%. The growth in the historic period can be attributed to global outbreak response, antiviral drug development, vaccine development, public health preparedness. The severe acute respiratory-syndrome treatment market size is expected to see rapid growth in the next few years. It will grow to $6.12 billion in 2028 at a compound annual growth rate (CAGR) of 15.4%.
The growing incidence of respiratory diseases is expected to propel the growth of the severe acute respiratory syndrome treatment market going forward. Respiratory diseases refer to a group of medical conditions that affect the respiratory system responsible for breathing and the exchange of gases between the body and the external environment. Severe acute respiratory syndrome treatment is used in respiratory diseases to alleviate symptoms, prevent respiratory failure, reduce inflammation and maintain oxygen levels. For instance, in June 2023, according to reports shared by the Australian Institute of Health and Welfare, an Australia-based national agency, there was a rise in respiratory disease-related deaths from 43,031 in 2020 to 46,551 in 2021 in Australia. Therefore, the growing incidence of respiratory diseases is driving the growth of the severe acute respiratory syndrome treatment market.
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The severe acute respiratory-syndrome treatment market segments in the report are:
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
The table of contents in TBRC’s severe acute respiratory-syndrome treatment market report includes:
- Executive Summary
- Severe Acute Respiratory-Syndrome Treatment Market Characteristics
- Severe Acute Respiratory-Syndrome Treatment Market Trends And Strategies
- Severe Acute Respiratory-Syndrome Treatment Market – Macro Economic Scenario
- Global Severe Acute Respiratory-Syndrome Treatment Market Size and Growth
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- Severe Acute Respiratory-Syndrome Treatment Market Other Major And Innovative Companies
- Global Severe Acute Respiratory-Syndrome Treatment Market Competitive Benchmarking
- Global Severe Acute Respiratory-Syndrome Treatment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Severe Acute Respiratory-Syndrome Treatment Market
- Severe Acute Respiratory-Syndrome Treatment Market Future Outlook and Potential Analysis
Top Major Players
- Pfizer Inc.
- Hoffmann-La Roche Ltd.
- AbbVie Inc.
- Merck And Co Inc.
- Novartis AG
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