Industry Background:
Acute illnesses are those that are of short duration. They may be minor or they may be serious. Minor acute illnesses include some of the commonest problems presented in general practice, such as upper respiratory tract infections or skin rashes. Major acute illnesses may present as an acute exacerbation of an underlying chronic illness, such as a myocardial infarction or diabetic coma, or the sudden onset of a previously undiagnosed condition, such as epilepsy or stroke or an acute emotional or psychological problem.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | GlaxoSmithKline plc. (United Kingdom), Johnsons & Johnsons (United States), INO Therapeutics, LLC (United States), Octapharma AG (Switzerland), Ono Pharmaceutical Co., Ltd (Japan), Eli Lilly and Company (United States), Chiesi Farmaceutici S.p.A. (Italy), B. Braun Melsungen (Germany), Teva Pharmaceuticals (Israel), Dr. Reddy’s Laboratories (India) and Boehringer Ingelheim (Germany) |
This growth is primarily driven by Increase in number of patients affected with acute disease and Increasing number of hospital.
Globally, a noticeable market trend is evident Increasing number of elderly people Major Players, such as GlaxoSmithKline plc. (United Kingdom), Johnsons & Johnsons (United States), INO Therapeutics, LLC (United States), Octapharma AG (Switzerland), Ono Pharmaceutical Co., Ltd (Japan), Eli Lilly and Company (United States), Chiesi Farmaceutici S.p.A. (Italy), B. Braun Melsungen (Germany), Teva Pharmaceuticals (Israel), Dr. Reddy’s Laboratories (India) and Boehringer Ingelheim (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. The companies are exploring the market in new regions by expansions, investments, new service launches as their preferred strategies. Key players are exploring new geographies through expansions across the globe to avail competitive advantage through combined synergies.
Key Developments in the Market:
In April 2023, GlaxoSmithKline plc reaches an agreement to acquired late-stage biopharmaceutical company BELLUS Health. Acquisition further strengthens specialty medicines and respiratory pipeline with camlipixant, a highly selective P2X3 antagonist and potential best-in-class treatment for refractory chronic cough
In July 2021, GlaxoSmithKline plc and Alector Global collaborated in immuno-neurology for two clinical-stage first-in-class monoclonal antibodies for neurodegenerative diseases. It co-develop progranulin-elevating monoclonal antibodies, AL001 and AL101, for a range of neurodegenerative diseases, including frontotemporal dementia, amyotrophic lateral sclerosis, Parkinson’s disease, and Alzheimer’s disease
Influencing Trend:
Increasing number of elderly people
Market Growth Drivers:
Increase in number of patients affected with acute disease and Increasing number of hospital
Challenges:
Lack of awareness regarding the treatment of acute disease
Restraints:
High cost for treatment
Opportunities:
Adoption of new technologies
AMA Research follows 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 showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze 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 includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Acute Disease Market
- Analysis about New Entrants in Acute Disease Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Acute Disease Study Sheds Light on
The Acute Disease Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Acute Disease industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Acute Disease industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, 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 the value they currently claim or capture the new addressable opportunity.