Global Cough Remedies Market Overview:
Cough is one of the commonest symptoms of respiratory tract infections and is a frequent problem faced in general practice as well as in hospital practice. A various disease processes may present with cough and definitive treatment depends on identifying the cause and diagnosis. Particular treatment of the cause should control the cough, but this may not happen in all cases and in a sizeable proportion of patients, no associated cause can be found. An augmented sensitivity of the cough reflex can be observed in patients with dry cough. The global cough remedies market is expected to witness a significant growth owing to increase in geriatric population and growth in awareness about advanced medicine.
Growth Drivers
- Increase in Geriatric Population Across the Globe
- Growth in Awareness About Advanced Medicine
Roadblocks
- Strict Government Regulations
Opportunities
- Development in R&D Activities Associated With Cough Remedies
Challenges
- Side Effects Related to Cough Remedies
Competitive Landscape:
Some of the key players profiled in the report are Johnson & Johnson (United States), Reckitt Benckiser Group Plc (United Kingdom), Bayer Ag (Germany), Glaxosmithkline Plc. (United Kingdom), AstraZeneca (United Kingdom), Pfizer Inc. (United States), Sanofi (France), Novartis Ag (Switzerland), Prestige Brands, Inc. (United States) and Procter & Gamble (United States). Additionally, following companies can also be profiled that are part of our coverage like Merck & Co. (United States) and Sun Pharmaceutical Industries Ltd. (India). Analyst at AMA Research see United States and United Kingdom Players to retain maximum share of Global Cough Remedies market by 2026. Considering Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Cough Remedies market. Considering Market by Dosage Form, the sub-segment i.e. Oral Syrups will boost the Cough Remedies market.
Latest Market Insights:
On February 21, 2019, Merck, known as MSD outside the United States and Canada, and Immune Design, today announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Immune Design
The U.S. Food and Drug Administration (FDA) is requiring safety labeling changes for prescription cough and cold medicines containing codeine or hydrocodone to limit the use of these products to adults 18 years and older because the risks of these medicines outweigh their benefits in children younger than 18. FDA is also requiring the addition of safety information about the risks of misuse, abuse, addiction, overdose, death, and slowed or difficult breathing to the Boxed Warning, our most prominent warning, of the drug labels for prescription cough and cold medicines containing codeine or hydrocodone
What Can be Explored with the Cough Remedies Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cough Remedies Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cough Remedies
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cough Remedies market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cough Remedies market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Cough Drugs, Suppliers of Cough Remedies, Distributers of Cough Remedies, Healthcare industry, Governmental bodies and Research Firms.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.