Austin, TX, USA, Oct. 29, 2024 (GLOBE NEWSWIRE) — Custom Market Insights has published a new research report titled “Acute Respiratory Infection Market Size, Trends and Insights By Drug Type (Antibiotics, Antivirals, Antipyretics/Analgesics, Bronchodilators, Mucolytics/Expectorants, Cough Suppressants, Steroids, Others), By Route of Administration (Oral, Inhalation, Intravenous (IV), Intramuscular (IM), Subcutaneous (SC), Topical/Nasal), By Age Group (Pediatric, Adult), By Type of Infection (Upper Respiratory Tract Infections (URTI), Lower Respiratory Tract Infections (LRTI), Pneumonia, Bronchitis, Influenza, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.
“According to the latest research study, the demand of global Acute Respiratory Infection Market size & share was valued at approximately USD 18,458.1 Billion in 2023 and is expected to reach USD 18,679.6 Billion in 2024 and is expected to reach a value of around USD 20,796.6 Billion by 2033, at a compound annual growth rate (CAGR) of about 1.2% during the forecast period 2024 to 2033.”
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Acute Respiratory Infection Market: Growth Factors and Dynamics
- Prevalence of Respiratory Diseases: The high prevalence of acute respiratory infections, including influenza, pneumonia, and bronchitis, drives market growth. Factors such as pollution, smoking, and the spread of infectious agents contribute to the increasing incidence of respiratory diseases worldwide.
- Rising Geriatric Population: With an aging population globally, there is a higher susceptibility to respiratory infections due to weakened immune systems and underlying health conditions. This demographic trend fuels the demand for treatments and medications to manage acute respiratory illnesses.
- Increased Healthcare Expenditure: Growing healthcare expenditure, coupled with improved access to medical facilities and treatments, drives market growth. Governments and healthcare organizations invest in preventive measures, diagnosis, and treatment options for respiratory infections, bolstering market expansion.
- Technological Advancements: Advances in medical technology and diagnostics, such as rapid antigen tests, point-of-care devices, and advanced imaging techniques, enhance the diagnosis and management of acute respiratory infections. These innovations improve patient outcomes, driving demand for advanced healthcare solutions.
- Pandemic Preparedness: Recent global outbreaks of respiratory viruses, such as COVID-19, highlight the importance of pandemic preparedness and response. Governments, healthcare agencies, and pharmaceutical companies invest in the research and development of vaccines, antiviral medications, and other preventive measures to mitigate the impact of respiratory pandemics.
- Awareness and Education: Increasing public awareness about the importance of respiratory health, hygiene practices, and vaccination drives demand for preventive measures and treatments. Educational campaigns by healthcare organizations and government initiatives raise awareness about respiratory infections, fostering early detection and treatment, and driving market growth.
- Environmental Factors: Environmental factors such as air pollution, allergens, and climate change contribute to the increased prevalence of acute respiratory infections. Poor air quality, exposure to pollutants, and seasonal variations can exacerbate respiratory symptoms, leading to a higher demand for treatments and management strategies.
- Global Travel and Urbanization: Globalization and urbanization contribute to the spread of respiratory infections, as dense urban areas and increased international travel facilitate the transmission of infectious agents. The interconnectedness of populations worldwide accelerates the dissemination of respiratory pathogens, driving the need for effective prevention, diagnosis, and treatment options.
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Acute Respiratory Infection Market: Partnership and Acquisitions
- In 2022, QuantuMDx Group Limited, a UK-based diagnostics developer, unveiled its Q-POC SARS-CoV-2, Flu A/B & RSV Assay, expanding multiplex testing capabilities. This new respiratory panel test enables rapid point-of-care testing, catering to the growing demand for efficient diagnostic solutions amidst respiratory health concerns.
- In 2020, F. Hoffmann-La Roche Ltd. introduced the Elecsys Anti-SARS-CoV-2 S antibody test in CE-marked markets, with an EUA filing underway for the U.S. The company also emphasizes multiplex diagnostic tests for COVID-19, influenza, and RSV, catering to diverse respiratory testing needs with advanced solutions.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 18,679.6 Million |
| Projected Market Size in 2033 | USD 20,796.6 Million |
| Market Size in 2023 | USD 18,458.1 Million |
| CAGR Growth Rate | 1.2% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Drug Type, Route of Administration, Age Group, Type of Infection and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
(A free sample of the Acute Respiratory Infection report is available upon request; please contact us for more information.)
Our Free Sample Report Consists of the following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
- About 220+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on the Request.
- Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
- Includes Tables and figures have been updated.
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Custom Market Insights (CMI) research methodology
(Please note that the sample of the Acute Respiratory Infection report has been modified to include the COVID-19 impact study prior to delivery.)
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Acute Respiratory Infection Market: COVID-19 Analysis
The COVID-19 pandemic has significantly impacted the Acute Respiratory Infection Market, with the industry experiencing both positive and negative effects. Here are some of the key impacts:
- Increased Demand for Respiratory Treatments: The COVID-19 pandemic has led to a surge in acute respiratory infections, increasing the demand for respiratory treatments, including antiviral medications, steroids, and oxygen therapy, to manage severe cases of COVID-19 and associated complications.
- Disruption of Healthcare Services: The overwhelming burden of COVID-19 on healthcare systems has disrupted routine medical services, including diagnosis and treatment of other respiratory infections. Limited access to healthcare facilities and resources has resulted in delayed or inadequate management of acute respiratory infections other than COVID-19.
- Vaccination Campaigns: Mass vaccination campaigns targeting COVID-19 aim to reduce transmission rates and mitigate the burden on healthcare systems. Vaccination efforts contribute to controlling the spread of the virus, thereby indirectly reducing the incidence of other respiratory infections and easing the strain on healthcare resources.
- Resumption of Routine Healthcare Services: As COVID-19 cases decline and healthcare systems stabilize, there is a gradual resumption of routine medical services, including diagnosis, treatment, and management of acute respiratory infections. Healthcare facilities implement measures to prioritize non-COVID-19 medical needs, ensuring timely access to care for patients with respiratory illnesses.
- Investment in Healthcare Infrastructure: Governments and healthcare organizations invest in expanding healthcare infrastructure, including hospitals, clinics, and medical equipment, to strengthen the capacity to manage acute respiratory infections effectively. This includes enhancing diagnostic capabilities, increasing ICU capacity, and improving access to respiratory care facilities.
- Research and Development: Continued research and development efforts focus on identifying new treatment modalities, developing novel therapeutics, and improving diagnostic tools for respiratory infections. Investment in R&D accelerates innovation in respiratory medicine, leading to the introduction of more effective treatments and preventive measures.
- Public Health Awareness Campaigns: Public health campaigns raise awareness about respiratory infections, emphasizing preventive measures such as hand hygiene, mask-wearing, and social distancing to reduce transmission. Educational initiatives promote vaccination against respiratory viruses, including COVID-19 and seasonal influenza, to protect vulnerable populations and prevent future outbreaks.
In conclusion, the COVID-19 pandemic has had a mixed impact on the Acute Respiratory Infection Market, with some challenges and opportunities arising from the pandemic.
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Key questions answered in this report:
- What is the size of the Acute Respiratory Infection market and what is its expected growth rate?
- What are the primary driving factors that push the Acute Respiratory Infection market forward?
- What are the Acute Respiratory Infection Industry’s top companies?
- What are the different categories that the Acute Respiratory Infection Market caters to?
- What will be the fastest-growing segment or region?
- In the value chain, what role do essential players play?
- What is the procedure for getting a free copy of the Acute Respiratory Infection market sample report and company profiles?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2024−2033
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
- Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Acute Respiratory Infection Market – Regional Analysis
The Acute Respiratory Infection Market is segmented into various regions, including North America, Europe, Asia-Pacific, and LAMEA. Here is a brief overview of each region:
- North America: Increased Telemedicine Adoption: In North America, there’s a significant trend towards the adoption of telemedicine and virtual healthcare services for managing acute respiratory infections, offering patients remote access to healthcare professionals for diagnosis, treatment, and monitoring.
- Europe: Focus on Respiratory Health Education: European countries prioritize respiratory health education and public awareness campaigns, emphasizing preventive measures such as vaccination, hand hygiene, and smoking cessation to reduce the burden of acute respiratory infections.
- Asia-Pacific: Rapid Expansion of Healthcare Infrastructure: In the Asia-Pacific region, there’s a trend towards rapid expansion of healthcare infrastructure, particularly in densely populated urban areas, to meet the growing demand for respiratory healthcare services and accommodate the increasing incidence of acute respiratory infections.
- LAMEA (Latin America, Middle East, and Africa): Emphasis on Pandemic Preparedness: LAMEA countries focus on strengthening pandemic preparedness and response strategies in the wake of recent global outbreaks, investing in healthcare systems, surveillance infrastructure, and vaccine distribution networks to mitigate the impact of acute respiratory infections.
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Browse the full “Acute Respiratory Infection Market Size, Trends and Insights By Drug Type (Antibiotics, Antivirals, Antipyretics/Analgesics, Bronchodilators, Mucolytics/Expectorants, Cough Suppressants, Steroids, Others), By Route of Administration (Oral, Inhalation, Intravenous (IV), Intramuscular (IM), Subcutaneous (SC), Topical/Nasal), By Age Group (Pediatric, Adult), By Type of Infection (Upper Respiratory Tract Infections (URTI), Lower Respiratory Tract Infections (LRTI), Pneumonia, Bronchitis, Influenza, Others), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” Report at https://www.custommarketinsights.com/report/acute-respiratory-infection-market/
List of the prominent players in the Acute Respiratory Infection Market:
- GlaxoSmithKline plc
- Novartis AG
- Pfizer Inc.
- AstraZeneca plc
- Sanofi S.A.
- Merck & Co. Inc.
- Johnson & Johnson
- Abbott Laboratories
- Roche Holding AG
- Boehringer Ingelheim International GmbH
- Teva Pharmaceutical Industries Ltd.
- Mylan N.V.
- Cipla Limited
- Bayer AG
- Biogen Inc.
- Others
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The Acute Respiratory Infection Market is segmented as follows:
By Drug Type
- Antibiotics
- Antivirals
- Antipyretics/Analgesics
- Bronchodilators
- Mucolytics/Expectorants
- Cough Suppressants
- Steroids
- Others
By Route of Administration
- Oral
- Inhalation
- Intravenous (IV)
- Intramuscular (IM)
- Subcutaneous (SC)
- Topical/Nasal
By Age Group
- Pediatric
- Adult
By Type of Infection
- Upper Respiratory Tract Infections (URTI)
- Lower Respiratory Tract Infections (LRTI)
- Pneumonia
- Bronchitis
- Influenza
- Others
Click Here to Get a Free Sample Report of the Global Acute Respiratory Infection Market @ https://www.custommarketinsights.com/report/acute-respiratory-infection-market/
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
This Acute Respiratory Infection Market Research/Analysis Report Contains Answers to the following Questions.
- Which Trends Are Causing These Developments?
- Who Are the Global Key Players in This Acute Respiratory Infection Market? What are Their Company Profile, Product Information, and Contact Information?
- What Was the Global Market Status of the Acute Respiratory Infection Market? What Was the Capacity, Production Value, Cost and PROFIT of the Acute Respiratory Infection Market?
- What Is the Current Market Status of the Acute Respiratory Infection Industry? What’s Market Competition in This Industry, Both Company and Country Wise? What’s Market Analysis of Acute Respiratory Infection Market by Considering Applications and Types?
- What Are Projections of the Global Acute Respiratory Infection Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
- What Is Acute Respiratory Infection Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
- What Is the Economic Impact On Acute Respiratory Infection Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
- What Are Market Dynamics of Acute Respiratory Infection Market? What Are Challenges and Opportunities?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Acute Respiratory Infection Industry?
Click Here to Access a Free Sample Report of the Global Acute Respiratory Infection Market @ https://www.custommarketinsights.com/report/acute-respiratory-infection-market/
Reasons to Purchase Acute Respiratory Infection Market Report
- Acute Respiratory Infection Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
- Acute Respiratory Infection Market report outlines market value (USD) data for each segment and sub-segment.
- This report indicates the region and segment expected to witness the fastest growth and dominate the market.
- Acute Respiratory Infection Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
- The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
- Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
- The Industry’s current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
- Acute Respiratory Infection Market Includes in-depth market analysis from various perspectives through Porter’s five forces analysis and provides insight into the market through Value Chain.
Reasons for the Research Report
- The study provides a thorough overview of the global Acute Respiratory Infection market. Compare your performance to that of the market as a whole.
- Aim to maintain competitiveness while innovations from established key players fuel market growth.
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What does the report include?
- Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Acute Respiratory Infection market analysis.
- The competitive environment of current and potential participants in the Acute Respiratory Infection market is covered in the report, as well as those companies’ strategic product development ambitions.
- According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.
- For each segment mentioned above, actual market sizes and forecasts have been given.
Who should buy this report?
- Participants and stakeholders worldwide Acute Respiratory Infection market should find this report useful. The research will be useful to all market participants in the Acute Respiratory Infection industry.
- Managers in the Acute Respiratory Infection sector are interested in publishing up-to-date and projected data about the worldwide Acute Respiratory Infection market.
- Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Acute Respiratory Infection products’ market trends.
- Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.
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