Lower respiratory tract disease diagnosis and treatment market is anticipated to grow at a CAGR of 7.4% during the forecast period (2023-2030). The lower respiratory tract disease diagnosis and treatment market is driven by the rising incidence of lower respiratory tract diseases, the aging population, increased awareness and diagnosis, government initiatives and healthcare policies, environmental variables (such as air pollution, climate change, and allergens), and innovations in technology. Owing to the day-by-day degrading air quality of several nations around the globe has propelled the incidence of cold, cough, and allergies. Hence, there were several initiatives witnessed aiming to improve the air quality index (AQI) while providing well-efficient healthcare facilities for the treatment of such infections. For instance, in March 2023, the ultra-low emission zones (ULEZ) project in London employed mobile air quality monitoring technology to track air quality and intends to cut one million hospital admissions by 2050. It tries to prevent lower respiratory tract problems brought on by polluted air.
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The global lower respiratory tract disease diagnosis and treatment market is segmented by condition, diagnosis, treatment, and category. Based on the conditions, the market is sub-segmented into pneumonia, bronchitis, tuberculosis, and others (influenza). Based on the diagnosis, the market is sub-segmented into mucus samples, blood tests, chest X-rays, and pulse oximetry. Based on the treatment, the market is sub-segmented into NSAIDs, analgesics and antipyretics, bronchodilator inhalers, and others (antibiotics). Further, on the basis of category, the market is bifurcated into OTC and prescription. Among the conditions, the bronchitis sub-segment is anticipated to hold a considerable share of the market owing to the rise in prevalence of bronchitis cases coupled with the rise in development of new and more effective medications treating bronchitis.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Lower Respiratory Tract Disease Diagnosis and Treatment by Condition
- Pneumonia
- Bronchitis
- Tuberculosis (TB)
- Others (Influenza)
Global Lower Respiratory Tract Disease Treatment by Diagnosis
- Mucus Samples
- Blood Tests
- Chest X-Rays
- Pulse Oximetry
Global Lower Respiratory Tract Disease Diagnosis by Treatment
- Non-Steroidal Anti-Inflammatory Drugs (NSAIDs)
- Analgesics and Antipyretic Drugs
- Bronchodilator Inhalers
- Others (Antibiotics)
Global Lower Respiratory Tract Disease Diagnosis by Category
- Over-the-Counter (OTC)
- Prescription
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Abbott Laboratories
- AbbVie Inc.
- AstraZeneca
- Aurobindo Pharma
- Bristol Myers Squibb’s
- GlaxoSmithKline plc
- Hikma Pharmaceuticals PLC
- Johnson & Johnson Private Limited
- Lupin
- Merck & Co., Inc.
- Novartis AG
- Sanofi
- SHIONOGI & Co., Ltd.
- Sun Pharmaceutical Industries Ltd.
- Takeda Pharmaceutical Company Ltd.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global lower respiratory tract disease diagnosis and treatment market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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