Global Cold, Cough and Sore Throat Remedies Market

Transcription

Global Cold, Cough and Sore Throat Remedies Market
Global Cold, Cough
and Sore Throat
Remedies Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016 – 2026
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Common cold, cough and sore throat are minor disorders of respiratory system, usually arises
due to infection in respiratory tract and autoimmune response. The number of patients suffering
from cold, cough and sore throat usually increases during monsoon and winter season, owing to
fluctuations in the environmental conditions. Children and women under 35 years are more
prone to suffer from cold, cough and sore. Underdeveloped immune system increases the risk of
exposure to cold related infection viruses in children mostly. It is expected that children are
three times more susceptible to cold and cough than an average adult.
Cold, Cough and Sore Throat Remedies Market: Drivers & Restraints
Global Cold, Cough and Sore Throat Remedies market is projected to grow rapidly due to
increasing incidences of cold, cough infections, economic price and wide availability of products
and demand for rapid and long lasting effective products by the patients. Rising demand for such
remedial products is one of the major factor influencing the market growth. Other major drivers
includes, and a growing trend to self-diagnose and self-treat minor ailments and growth in the
child, senior and female populations. For instance, considering the irritation caused by common
cold, Novartis AG launched its formulation ‘Otrivin Nasal Drops’ that act against cold for around
12 hours, followed by a number of similar formulations. Owing to large number of available and
upcoming products, the market is expected to grow rapidly. However, number of side effects,
threat of resistance and large manufacturing cost and distribution are some of the key restraints
that might hamper the growth of the market.
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Cold, Cough and Sore Throat Remedies Market: Segmentation
Global cold, cough and sore throat remedies market is classified on the basis of class of drugs,
route of administration and geography.
Based on class of drugs, the global cold, cough and sore throat remedies market is segmented
into the following:
• Antihistamines
• Pain relievers
• Expectorants
• Bronchodilators
• Decongestants
• Antibiotics
• Others
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Based on route of administration, the global cold, cough and sore throat remedies market is
segmented into the following:
• Parenteral
• Tablets
• Lozenges
Report
Description
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• Oral Syrups
• Nasal Drops
Based on distribution channels, the global cold, cough and sore throat remedies market is
segmented into the following:
• Hospital Pharmacies
• Retailer Pharmacies
• Compounding Pharmacies
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Cold, Cough and Sore Throat Remedies Market: Overview
Europe and North America are the important markets for Cold, Cough and Sore Throat
Remedies. In Europe, mainly Germany, France, Netherlands, Spain and the U.K. are estimated to
account for a major share of the Western Europe Cold, Cough and Sore Throat Remedies market
over the forecast period. The developing countries such as India and China are growing with a
higher CAGR compared to other countries of the world. By route of administration, oral syrups
and nasal drops segments held half the share in the global cold, cough and sore throat remedies
and the trend is forecast to continue through 2025. Based on class of drugs, antihistamines,
bronchodilators and antibiotics are expected to register a substantial CAGR through the forecast
period.
Report
Description
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Cold, Cough and Sore Throat Remedies Market: Region-wise Outlook
Depending on geographic regions, the global cold, cough and sore throat remedies market is
segmented into seven key regions: North America, South America, Eastern Europe, Western
Europe, Asia Pacific Excluding Japan, Japan, and Middle East & Africa. Approximately 1 billion
cases of the common cold occurs in U.S. annually. In U.S on average 200,000 Americans are
hospitalized annually due to influenza, and flu-related deaths in the United States have been
estimated to range from 3,000 to 49,000 over the past 30 years. North America is the largest
revenue generating segment in global cold, cough and sore throat remedies market. The
increasing prevalence of viral infections and rapid economic developments benefiting
healthcare sectors in Asian countries is projected to drive the growth of cold, cough and sore
throat market in Asia.
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Cold, Cough and Sore Throat Remedies Market: Key Players
Some of the key players identified in the global contraceptives market are Bayer HealthCare AG,
GlaxoSmithKline plc., Novartis AG, AstraZeneca plc., Procter & Gamble, Sun Pharmaceuticals Ltd.
and Abbott Laboratories.
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