Pneumonia Tablets Market Scope
Pneumonia is a form of acute respiratory infection, which affects the lungs. The lungs are made up of small sacs named alveoli, which fill with air when a healthy individual breathes. When an individual has pneumonia, the alveoli are filled with pus and fluid, which makes breathing painful and limits oxygen intake. According to WHO, pneumonia is the single leading infectious cause of death in children globally. Pneumonia killed 808,694 children under the age of five in 2017 year, accounting for 15 percent of all deaths of children under five years old. Furthermore, pneumonia affects children and families everywhere but is most widespread in sub-Saharan Africa and South Asia. Children can be protected from pneumonia; it can be stopped with simple interventions and treated with low-cost, low-tech medication and care.
The market study is being classified by Type (Branded and Generic), by Application (Children, Youth, Adults and Seniors) and major geographies with country level break-up.
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Pneumonia Tablets market throughout the predicted period.
GlaxoSmithKline plc (United Kingdom), Sanofi SA (France), Merck & Co. Inc. (United States), Novartis AG (Switzerland), Eli Lilly and Company (United States), AstraZeneca PLC (United Kingdom), Pfizer Inc. (United States), Baxter International Inc. (United States), Allergan plc (Ireland), Lupin Pharmaceuticals Inc. (India), Bayer AG (Germany) and Teva Pharmaceutical Industries (Israel) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Roche Holding AG (Switzerland), Johnson and Johnson (United States), AbbVie, Inc. (United States), Amgen (United States), Gilead Sciences (United States), Bristol-Myers Squibb (United States), AstraZeneca (United Kingdom), Takeda (Japan), Celgene (United States), Shire (United States), Boehringer Ingelheim (Germany) and Trumac Healthcare (India).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Pneumonia Tablets market by Type, Application and Region.
On the basis of geography, the market of Pneumonia Tablets has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
On 3 June 2019, The U.S. Food and Drug Administration said on Monday it approved expanded use of Merck & Co Inc's antibiotic to treat hospital-acquired pneumonia in patients 18 years and older. The approval is based on the treatment's late-stage trial results, which showed that Merck's drug, Zerbaxa, was as effective as another antibacterial drug.
Market Drivers
- The Increasing Prevalence of Pneumococcal Disease Globally
- Increasing Focus of Healthcare Organizations on Raising Awareness and Issuing Guidelines for Efficient Management of Pneumococcal Disease
Opportunities
- The Emerging Demand from South Asia and sub-Saharan Africa
Restraints
- The Availability of Vaccines May Hinder the Growth of the Market
Challenges
- Lack of Awareness among the Underdeveloped Nations
Key Target Audience
Pneumonia Tablets Manufacturers, Pneumonia Tablets Raw Material Suppliers, Pneumonia Tablets Traders/Distributors, Pneumonia Tablets Importer/Exporter, Regulatory & Government Bodies, End Users, Research & Consulting Firms and Others
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