The global Dyspnea Treatment Market is worth US$ 6.31 Billion as of now and expected to reach US$ 12.3 Billion by 2033 at a CAGR of 6.9% between 2023 and 2033.
Dyspnea (shortness of breath) could be referred to as a symptom caused through various underlying medical conditions like COPD, asthma, pulmonary embolism, heart failure, and likewise. Its treatment is based on the symptoms’ underlying causes.
Dyspnea could be treated through antibiotics, bronchodilators, and the other medications if it’s caused through respiratory infection. At times, supplemental oxygen could be needed for helping in maintenance of adequate levels of oxygen in the body.
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The WHO states that close to 235 Billion people all over contract asthma, and also that COPD is the 3rd leading reason behind death at the global level.
The latest trend is that of gene therapies and biologics. The private organizations as well as governments are increasingly spending on healthcare. Patients are more into seeking medical attention for dyspnea, thereby resulting growing demand for treatments.
Pulmonary rehabilitation (exercise as well as breathing techniques helping in improving lung function and reducing dyspnea in those suffering from chronic lung diseases) and even surgery are done wherein removal of tumor or repairing heart valve are involved.
At the same time, the fact that medications like oxygen therapy are costly can’t be ignored. Also, a whale of time is needed for timely diagnosis of dyspnea. These factors could restrain the Dyspnea Treatment market going forward. Besides, certain medications have been reported to have side-effects like appearances of inflammatory patches on the skin.
Future Market Insights has entailed these facts with future perspectives in its latest market study entitled ‘Dyspnea Treatment Market’. It has its indigenous team of analysts and consultants to look through the macros and micros.
“With cases of asthma and COPD rising at an alarming rate, the global Dyspnea Treatment market is bound to grow on a stellar note in the forecast period”, says an analyst from Future Market Insights.
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Key Takeaways from Dyspnea Treatment Market
- North America holds the largest market share with the US being subject to growing population of those aged 60 and above. The other factors are smoking and pollution of environment. Besides, conducive healthcare facilities are meant to catalyze the market.
- Europe holds the second-largest market share with geriatric population complementing technological advancements with respect to healthcare vertical. It’s interesting to learn that Europe holds more than 30% of the market share.
- The Asia-Pacific is expected to grow in the Dyspnea Treatment market at a rapid pace with growing awareness regarding importance of treating dyspnea.
Competitive Treatment
- Mayne Pharma Group Ltd., has actually developed a spectrum of respiratory medications inclusive of nebulizers and inhalers for treating conditions like COPD and asthma. They help in obtaining relief from dyspnea and make breathing better.
- Teva Pharmaceutical Industries Ltd., of late partnered with Cipla Ltd. for developing and marketing a series of respiratory medications in the US. The partnership is inclusive of developing generic versions of various well-known inhalers inclusive of Symbicort and Advair. They are generally used for treating dyspnea.
- The other players in Dyspnea Treatment market include Hikma Pharmaceuticals plc, Bausch Health, Amneal Pharmaceuticals LLC, Lannett Company, Inc., ANI Pharmaceuticals, Inc., Akron Inc., Lupin Ltd., Sun Pharmaceutical Industries Ltd., GlaxoSmithKline plc, and likewise.
- OMRON Healthcare, in July 2022, came up with its advancements in Oxygen therapy by launching a portable oxygen concentrator. The major objective is that of helping homecare providers with management of therapy and lifestyle needs of almost every patient suffering from respiratory problems and COPD.
- Max Ventilator, in May 2022, did launch multifunctional non-invasive ventilators that come with built-in humidifier and oxygen therapy.
Major Players:
Key players in the Dyspnea Treatment market are Mayne Pharma Group Limited, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Bausch Health, Hikma Pharmaceuticals plc, Lannett Company, Inc., Amneal Pharmaceuticals LLC, Mylan N.V., Lupin Limited, Akron Incorporated, ANI Pharmaceuticals, Inc., Pfizer, Inc. and Sun Pharmaceutical Industries Ltd.
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Key Segments Profiled in the Dyspnea Treatment Industry Survey
Treatment:
Therapy
- Supplemental Oxygen Therapy
- Relaxation Therapy
Drugs
- Antianxiety Drugs
- Antibiotics
- Anticholinergic Agents
- Corticosteroids
- Others
Route of Administration:
- Oral
- Inhalation
- Others
End Users:
- Hospitals
- Home Care
- Specialty Centres
About Future Market Insights, Inc.
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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