Global Lower Respiratory Tract Infection Treatment Market Overview
Lower Respiratory Tract Infection Treatment Market was valued at US$ 57.2 billion in 2024 and is projected to grow at a compound annual growth rate of 7.9% to reach US$ 114.4 billion by 2034.
Bronchitis, asthma, allergic rhinitis, pneumonia, and sinusitis are all respiratory illnesses that can considerably limit an individual's physical activities. Coughing, wheezing, chest pain, respiratory distress, shortness of breath, congestion, and even mortality are symptoms linked with both moderate and severe indications of various respiratory disorders. These disorders generate significant morbidity and impose a significant financial burden on society.
As a result, the development of new pharmaceuticals with fewer side effects for the treatment of respiratory tract infection is a major issue for manufacturers, given the large number of generic players on the market, which account for the vast majority of market share. Lower respiratory tract infection refers to infection that occurs below the level of the larynx. Lower respiratory tract illness is frequently referred to as pneumonia. These illnesses are not all classified the same way, but flu, bronchitis, bronchiolitis, and pneumonia are among the most common. Viruses such as adenoviruses, coronaviruses, parainfluenza virus, rhinoviruses, and bacteria such as Bordetella pertussis, Chlamydophila pneumoniae, and Mycoplasma pneumoniae can all cause illness. Infections of the lower respiratory tract are the primary cause of illness and mortality in both children and adults around the world.
Global Lower Respiratory Tract Infection Treatment Market Drivers & Restraints
Rising prevalence of chronic respiratory disorders will drive the growth of the Market
The rising prevalence of chronic respiratory disorders such asthma, chronic pulmonary fibrosis, pulmonary hypertension, and occupational lung disease are driving the respiratory tract infection market forward. Asthma and chronic obstructive pulmonary disease (COPD), for example, are common chronic obstructive lung disorders characterised by variable airflow limitation and airway hyperresponsiveness, affecting over 25 million people in the United States, according to the Biomed Central Respiratory Research.
Various organisations, institutions, and agencies are collaborating to improve diagnostic and medical care in order to lessen the worldwide burden of respiratory disorders. For example, the World Health Organization (WHO) supported the formation of the Global Alliance against Chronic Respiratory Diseases (GARD) to combat chronic respiratory diseases. GARD's major goal is to develop easy and affordable chronic respiratory disease (CRD) strategies, as well as to urge economies to implement health promotion and CRD prevention policies.
The presence of several medications in the pipeline, which are projected to be released throughout the forecast period, would also help the respiratory tract infection treatment market grow. Relenza (GSK), MK7264 (Merck & Co.), Presatovir (Gilead), AZD7594, and PT010 are some of the medications in development (AstraZeneca).
Global Lower Respiratory Tract Infection Treatment Market Segmentations & Regional Insights
The Global Lower Respiratory Tract Infection Treatment Market is segmented based on drug class, disease indication, distribution channel and region.
On the basis of Drug Class, the Global Lower Respiratory Tract Infection Treatment Market is segmented into Antibiotics, Non-Steroidal Anti-Inflammatory Drug (NSAIDS), Cough Suppressant, Nasal Decongestant, and Others. Based on Disease Indication, the target market is segmented into Upper Respiratory Tract Infection and Lower Respiratory Tract Infection. Based on Distribution Channel, the target market is segmented into Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies.
Regional Insights:
On region the Global Lower Respiratory Tract Infection Treatment Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The existence of several generic manufacturers and the low cost of various medications, including antibiotics, in the market, however, may limit the respiratory tract infection treatment market to some amount over the projection period. Because of the rising number of hospitalizations and emergency visits associated with acute or life-threatening medical conditions, North America is likely to have a dominating position in the worldwide respiratory tract infection treatment market over the forecast period. According to a research published by the Society of Critical Care Medicine, more than 5.7 million patients are admitted to intensive care units (ICUs) in the United States each year for airway, breathing, or circulatory support.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2030 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Drug Class- Antibiotics, Non-Steroidal Anti-Inflammatory Drug (NSAIDS), Cough Suppressant, Nasal Decongestant, and Others By Disease Indication– Upper Respiratory Tract Infection and Lower Respiratory Tract Infection By Distribution Channel- Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Lower Respiratory Tract Infection Treatment Market report based on drug class, disease indication, distribution channel, and region.
Global Lower Respiratory Tract Infection Treatment Market, By Region:
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- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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- North America
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Global Lower Respiratory Tract Infection Treatment Market Competitive Landscape & Key Players
The key players operating in the lower respiratory tract infection treatment market are Abbott Laboratories, AstraZeneca, Plc, Abbvie Inc., Boehringer Ingelheim GmbH, Cipla Pharmaceutical Company, GlaxoSmithKline plc, Pfizer Inc., Merck & Co., Novartis AG, F. Hoffman La Roche Ltd, Sanofi, and Teva Pharmaceutical Industries Ltd.
Global Lower Respiratory Tract Infection Treatment Market Company Profile
- Abbott Laboratories
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- AstraZeneca, Plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Abbvie Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Boehringer Ingelheim GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Cipla Pharmaceutical Company
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- GlaxoSmithKline plc
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Pfizer Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Merck & Co.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
Global Lower Respiratory Tract Infection Treatment Market Highlights
FAQs
Global Lower Respiratory Tract Infection Treatment Market is segmented based on drug class, disease indication, distribution channel and region.
Rising prevalence of chronic respiratory disorders is major factor driving the market.
During the forecast period, North America is expected to dominate the market.
The key players operating in the lower respiratory tract infection treatment market are Abbott Laboratories, AstraZeneca, Plc, Abbvie Inc., Boehringer Ingelheim GmbH, Cipla Pharmaceutical Company, GlaxoSmithKline plc, Pfizer Inc., Merck & Co., Novartis AG, F. Hoffman La Roche Ltd, Sanofi, and Teva Pharmaceutical Industries Ltd.