Industry Background:
The Cough suppressant drugs are the cough suppressing medicines which are mainly used in cough and cold, flu conditions. Cough suppressant drugs are used to control coughing, sneezing and cough condition. These suppressant drugs have two types they are anti-tussive and expectorants. The Cough Suppressants widely used to treat cough conditions. Some emerging viruses like Swin flu, corona-virus.This growth is primarily driven by Increase Demand As It Is Common Condition Can Occur Repeatedly, Easily Available In Market and Low Cost Associated With Product.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies in Study | Perrigo Company plc (Ireland), Vernalis (United Kingdom), Tris Pharma, Inc (United States), Pfizer Inc (United States), Aytu BioScience, Inc (United States), ACELLA PHARMACEUTICALS, LLC (United States), Mayne Pharma Inc (United States), Aurobindo Pharma (United States), GlaxoSmithKline plc (United Kingdom) and Reckitt Benckiser (United Kingdom) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Globally, a noticeable market trend is evident Growing Demand Of Nasal Decongestant. Major Players, such as Perrigo Company plc (Ireland), Vernalis (United Kingdom), Tris Pharma, Inc (United States), Pfizer Inc (United States), Aytu BioScience, Inc (United States), ACELLA PHARMACEUTICALS, LLC (United States), Mayne Pharma Inc (United States), Aurobindo Pharma (United States), GlaxoSmithKline plc (United Kingdom) and Reckitt Benckiser (United Kingdom) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In January 2020 Perrigo company plc announced that its Ranir subsidiary has acquired the assets of Steripod, a leading toothbrush accessory brand and innovation in the toothbrush protector market from Bonfit America Inc. The deal includes the Steripod® portfolio of antibacterial toothbrush protectors, kids' products and tongue cleaners.
In December 2018 announced achievement of Ausd 1 million success milestone in its drug discovery collaboration with Asahi Kasei Pharma (AKP).This collaboration with AKP was initiated in October 2013 and utilizes Vernalis’ fragment and structure-based drug discovery platform against an undisclosed target for rheumatoid arthritis and other autoimmune diseases. This is the third milestone achieved under the collaboration recognizing the significant progress made to date. Additional financial terms of this collaboration.
Regulatory Insights:
FDA announced new regulation for prescription opioid cough and cold medicines to limit their use to adults 18 years and older 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. They also require the addition of safety information about the risks of misuse, abuse, addiction, overdose, death, and slowed or difficult breathing to the Boxed Warning.
Market Drivers
- Increase Demand As It Is Common Condition Can Occur Repeatedly
- Easily Available In Market
- Low Cost Associated With Product
Market Trend
- Growing Demand Of Nasal Decongestant
Restraints
- Continuous Use Of Suppressants Can Make Your Body Tolerable
- Local Substitute Are Available In Market
Opportunities
High Demand In Rainy Season, Growing Use Due Sudden Climatic Changes and Different Emerging Viruses Like Swin Flu, Corona Virus Which Has Prior Symptoms Of Cough
Challenges
Excess Intake Cause Irregularity In Heartbeats, Paranoia, And Confusion, Excessive Sweating and Some Drugs Affect the CNS System
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Cough Suppressant Drugs Study Sheds Light on
The Cough Suppressant Drugs Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Cough Suppressant Drugs industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Cough Suppressant Drugs industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.