The MEA respiratory tract infection treatment market size is expected to grow from US$ 2.09 billion in 2023 to US$ 2.97 billion by 2031; it is estimated to register a CAGR of 4.50% from 2023 to 2031.
A few of the major primary and secondary sources referred to while preparing the report on the MEA respiratory tract infection treatment market are the Dubai Health Authority, Saudi Initiative for Asthma, Saudi Thoracic Society.
Reasons to Buy
Surge in Demand for OTC Products to Treat Respiratory Infections Opportunity for Growth of MEA Respiratory Tract Infection Treatment Market
A vast number of consumers seek accessible and convenient solutions for common respiratory symptoms such as cough, congestion, and sore throat. This approach empowers individuals who are not suffering from life-threatening diseases to closely monitor and control their health. It also allows manufacturers, pharmacies, and healthcare providers to make their product offerings more suitable for over-the-counter (OTC) applications, educate consumers on self-care practices, and improve access to treatment options providing relief from various symptoms. The burgeoning popularity of OTC respiratory remedies underlines the importance of promoting respiratory health awareness, fostering self-management strategies and a collaborative healthcare ecosystem. By leveraging the rising popularity of OTC respiratory products, the respiratory tract infection treatment market stakeholders in the MEA can enhance patient engagement, promote preventive healthcare measures, and address the evolving healthcare needs of diverse populations. Thus, the increasing demand for OTC products to manage respiratory infections represents a significant opportunity for the MEA respiratory tract infection treatment market.Drug -Based Insights
In terms of drug, the antibiotics segment held the largest MEA respiratory tract infection treatment market share in 2023. The same is anticipated to register the highest CAGR during 2023-2031. Respiratory tract infections encompass a range of ailments, including bronchitis, pneumonia, and sinusitis, often caused by bacterial pathogens.Disease Indication -Based Insights
Based on disease indication, the lower respiratory tract infection segment held a larger market share in 2023. It is further anticipated to register a higher CAGR from 2023 to 2031. Lower respiratory tract infections (LRTIs) are infections that affect the lungs and bronchial tubes, typically caused by bacterial, viral, or fungal pathogens, among others.Route Of Administration -Based Insights
By route of administration, the oral segment held a larger share of the MEA respiratory tract infection treatment market; the same segment is anticipated to register a higher CAGR during 2023-2031. Oral antibiotics such as amoxicillin, azithromycin, or doxycycline are frequently prescribed to combat bacterial pathogens causing respiratory tract infections.Age Group -Based Insights
In terms of age group, the adult segment held a larger share of the MEA respiratory tract infection treatment market in 2023. The pediatrics segment is anticipated to register a higher CAGR during 2023-2031. The high prevalence of respiratory tract infections among children is a key factor driving the need for effective treatment options.Distribution Channel -Based Insights
In terms of distribution channel, the hospital pharmacies segment is anticipated to account for a significant market share during 2023-2031. Hospital pharmacies serve as key components of a healthcare system; they particularly play a vital role in the management of acute and severe respiratory tract infections, which require intravenous or intramuscular administration of medications.A few of the major primary and secondary sources referred to while preparing the report on the MEA respiratory tract infection treatment market are the Dubai Health Authority, Saudi Initiative for Asthma, Saudi Thoracic Society.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the MEA Respiratory Tract Infection Treatment Market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the MEA Respiratory Tract Infection Treatment Market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth market trends and outlook coupled with the factors driving the MEA Respiratory Tract Infection Treatment Market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. MEA Respiratory Tract Infection Treatment Market Landscape
5. MEA Respiratory Tract Infection Treatment Market - Key Market Dynamics
6. MEA Respiratory Tract Infection Treatment Market Analysis
7. MEA Respiratory Tract Infection Treatment Market Analysis - by Drugs
8. MEA Respiratory Tract Infection Treatment Market Analysis - by Disease Indication
9. MEA Respiratory Tract Infection Treatment Market Analysis - by Route Of Administration
10. MEA Respiratory Tract Infection Treatment Market Analysis - by Age Group
11. MEA Respiratory Tract Infection Treatment Market Analysis - by Distribution Channel
12. MEA Respiratory Tract Infection Treatment Market - Country Analysis
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
- Abbott Laboratories
- AstraZeneca plc
- Alembic Pharmaceuticals Ltd.
- Boehringer Ingelheim International GmbH
- GlaxoSmithKline plc
- Teva Pharmaceutical Industries Ltd
- Novartis AG
- F. Hoffmann-La Roche AG
- Sanofi S.A.
- Orion Corporation
- Julphar
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 201 |
Published | March 2024 |
Forecast Period | 2023 - 2031 |
Estimated Market Value ( USD | $ 2.09 Billion |
Forecasted Market Value ( USD | $ 2.97 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 11 |