The global cough medicine market is anticipated to grow at a considerable CAGR during the forecast period. The major factor for the growth of the market during the forecast period is the rising geriatric population as they are more prone to cough and cold. According to the United Nations, the US population in 2018 was 46.7 million, with roughly 17.5 percent of the population aged 65 and up. Although the population is predicted to remain steady, the geriatric population share is expected to increase to 19.7% by 2025.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/cough-medicine-market
In addition, the increasing pollution coupled with the rising development of research and development activities is further contributing to the growth of the market. As per the American Lung Association report 2020, more than 135 million people live with polluted air, putting their life and health at risk. Air pollution is one of the key environmental issues in the US. As per the World Economic Forum, poor air quality costs the US up to $617 billion every year. In addition, according to the estimation of EPA, the US spends about $65 billion every year to clean the air. According to the Air Quality Index 2020, Yosemite Lakes, in California, is the most polluted city in the US and the US ranked 84 globally in air pollution in 2020. The cough syrup is widely used in the treatment of dry cough due to prolonged exposure to low levels of air, tobacco, household smoke, and air pollution
In addition, the development of various products, such as cough syrups with minimal side effects, act as other growth factors. The manufacturers of the product make a variety of fortified natural remedies and ingredients that have the effect of strengthening the immune system. For instance, in September 2021, Sun Pharmaceutical Industries Ltd. announced the launch of Chericof 12 (Dextromethorphan Hydrobromide and Chlorpheniramine Maleate in India.
Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
Segment Covered-
- By Product Type
- By Age Group
- By Distribution Channel
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- including AstraZeneca plc, GlaxoSmithKline plc, Novartis International AG, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Cough Medicine Market Report Segment
By Product Type
- Expectorants
- Antihistamines
- Decongestants
- Antibiotics
By Age Group
- Pediatric
- Adults
By Distribution Channel
- Retail Pharmacy
- Hospital Pharmacy
- Online Pharmacy
A full report of Cough Medicine Market is available at: https://www.omrglobal.com/industry-reports/cough-medicine-market
Cough Medicine Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Abbott Laboratories
- Acella Pharmaceuticals, LLC
- Atley Pharmaceuticals Inc
- GlaxoSmithKline Plc.
- Johnson & Johnson Service Inc.
- Merck KGaA
- Novartis International AG
- Pfizer Inc.
- Procter & Gamble
- Reckitt Benckiser Group Plc.
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research
