Lung Infections Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
The treatment for lung infections has conventionally been led by small molecule therapies. These therapies however, were aimed to treat the symptoms of lung infections, rather than the actual cause of the infection. This has led to the emergence of diverse treatment options, which differ in terms of their targets and their action mechanism. Many past cases exist, where a patient has been given a combination of drugs for the treatment of several lung issues. However, in recent times, the treatment options for lung infections have improved significantly This is in light of the extensive research and development carried by market players and contributed by government bodies. The extensive research in the field of lung infections treatment has led to the development of targeted therapies and novel therapies.
A key factor boosting the growth of the lung infections market is the decrease in the time for approval process of treatment drugs and therapies. This is encouraging more and more market players to come up with novel therapies and other treatment options, which in turn is boosting the growth of the lung infections market. Favorable reimbursement policies in many nations and an improvement in the healthcare infrastructure are helping the global lung infections market to grow even in the developing nations of Asia Pacific. A rise in the overall economy has led to an increase in the expenditure towards healthcare and this is also driving the demand for lung infections treatment options.
Lung infections are found in larger airways (bronchitis) or in smaller air sacs (pneumonia). In lung infections, pus and fluid get built up in the airways of the lung and make it difficult to breathe. They can affect people of all ages, but the elderly and the children are at high risk for developing lung infections. Etiologies for lung infections include virus, bacteria, and mycoplasma. Symptoms for lung infections include difficulty in breathing, fever, blue-colored lips, stomach pain, chest pain, headache, loss of appetite, and vomiting.
Common medical conditions that are caused primarily due to lung infections include asthma, chronic obstructive pulmonary disease, pneumonia, tuberculosis, lung cancer and cystic fibrosis. Lung infections can be diagnosed using blood tests, chest x-rays, chest magnetic resonance imaging, chest computed tomography scans, bronchoscopy and pulmonary function tests. Medication (antibiotics) and surgical treatment (lobectomy, chest tube insertion) are largely available across all regions to treat various lung infections.
The global geriatric population is growing at a rapid pace across and these people are at a high risk for developing lung infections. Thus, the rising geriatric population and growing prevalence of asthma, COPD, pneumonia and cystic fibrosis become the leading propellants of the global lung infections treatment market. The U.S. Census Bureau stated that the key segment of the U.S. population is geriatric demographic. According to the World Health Organization (WHO), the global geriatric population would increase from 524 mn in 2010 to around 2 bn by the end of 2050. The global geriatric population would grow also at a faster rate in developed countries such as the U.S., the U.K. and Japan.
Additionally, rising awareness among people about lung infections and successive technological advancements in diagnostic tests account for drivers of the global lung infections market. However, the market is currently being stifled by technological complexity and high costs associated with diagnostic procedures.
North America dominates the global lung infections market due to a strong demand for diagnostic tests and a growing demand for lung infection treatments. The region also holds a very high level awareness among people, further backed by government initiatives. Europe similarly represents the key share in the global lung infections treatment market, owing to the presence of an exceptionally large geriatric population.
Asia Pacific is considered as a largely untapped market for lung infections treatments due to a lower diagnosis rate and the lack of proper healthcare facilities in a few Asian countries. This market will be fuelled over the coming years by the swiftly evolving healthcare infrastructure and increase in healthcare expenditure. Asia Pacific also accounts as a promising region in lung infections treatment demand due to a rising market penetration of commercially available solutions. The rest of the world holds the fourth position in the global lung infections treatment market due to poor economic and health conditions in key countries.
Leading market players in the global lung infections market for 2016 included Bayer AG, Insmed Incorporated, Creative Antibiotics Sweden AB, and Destiny Pharma Ltd.
The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.
TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.
TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.
5-Point Growth Formula
The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.
The 5-point growth formula includes the following points:
Current and Future Threats
Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.
Accurate Trend Analysis
Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.
Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.
The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.
The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.
The reports offer answers to the top 7 questions that revolve around the growth of the market
Flat 10% discount on Single User License if you prebook this report
Flat 10% discount on Multiple User License if you prebook this report
Flat 10% discount on Corporate License if you prebook this report