An important element driving the growth of the global market for therapeutics treating the disease is the rise in the prevalence of pneumonia. Additionally, it is projected that a rise in the incidence of community-acquired pneumonia would spur market expansion throughout the anticipated period. Additionally, it is projected that a rise in product launches after FDA approval would help the industry make the most money. A surge in clinical trials for the research and development of vaccines and pharmaceuticals is also projected to assist industry growth in the upcoming years. But the implementation of stringent regulations for drugs and vaccines restricts the market growth.
A COVID-19 patient is more susceptible to pneumonia, which can cause wheezing and the development of mucus in the alveoli. This is expected to increase the demand for treatments for pneumonia. Additionally, it is projected that an increase in R&D for COVID-19-related pneumonia therapy would aid the market in generating sizeable revenue throughout the projection period. However, it is projected that the COVID-19 labour shortage and resource limitations would negatively impact the industry's growth throughout the course of the forecast period. The implementation of stringent government regulations controlling lockdown has also hampered industrial growth.
The Global Pneumonia Therapeutics Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Abbott Laboratories, Bayer AG, Eli Lilly & Company, Glaxosmithkline Plc., Lupin Pharmaceuticals, Inc., Merck KGAA, Novartis AG, Pfizer, Inc., Sanofi S.A., Teva Pharmaceuticals Industries Limited.
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment – By Therapeutics [Prevention Vaccines, Treatment Drugs {Antibacterial Drugs (Macrolide, Quinolones, Aminopenicillins, Macrolides, B-lactamase inhibitors, Cephalosporins, Tetracyclines, Glycopeptide antibiotics, Carbapenems, Others), Antiviral Drugs, Antifungal Drugs}], By Distribution Channel (Hospitals, Pharmaceutical Stores, Others), By Age Group (Pediatric, Adult, Geriatric), By Infection Type (Hospital-acquired pneumonia, Community-acquired pneumonia, Ventilator-associated pneumonia).
This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.