During the forecast period 2023 to 2033, the Dyspnea Treatment Market is expected to grow at a value of 6.9% CAGR, according to Future Market Insights. By the year 2033, the global market for Dyspnea treatment is expected to rise up to a market valuation of US$ 12.3 Billion. Growth of the market can be attributed to advancements in medical technology, rising prevalence of respiratory disorders, and increasing awareness about the availability of effective treatment options.
One of the key factors driving the growth of the dyspnea treatment market is the rising prevalence of respiratory disorders. The World Health Organization (WHO) estimates that over 235 million people worldwide suffer from asthma, and over 210 million people suffer from COPD. The increasing incidence of these disorders is driving demand for effective treatment options, which in turn is fueling growth in the dyspnea treatment market.
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Another factor driving growth in the dyspnea treatment market is advancements in medical technology. The development of innovative drug delivery systems such as inhalers and nebulizers has made it easier for patients to manage their respiratory conditions. These systems deliver medications directly to the lungs, providing faster and more effective relief from symptoms of dyspnea.
In addition, increasing awareness about the availability of effective treatment options is also driving growth in the dyspnea treatment market. Patients and healthcare providers are becoming more aware of the various treatment options available for respiratory disorders, including medications, oxygen therapy, and pulmonary rehabilitation. This awareness is leading to increased demand for these treatments, which is fueling growth in the dyspnea treatment market.
Key Takeaways from the Market Study
- The global Dyspnea treatment market is expected to grow with a 6.9% CAGR during 2023 to 2033.
- Inhalation is expected to hold 43% of the market share in 2023 for Dyspnea treatment market.
- North America is expected to possess 49% market share for Dyspnea treatment market in 2023.
- Europe Dyspnea treatment market size is expected to possess 46% market share in 2023.
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“Key players are contributing to the growth of the dyspnea treatment market by developing innovative treatment options. This, in turn, is contributing to the growth of the market.” states an FMI analyst
Competitive Landscape
Key players in the dyspnea treatment market are Mayne Pharma Group Limited, Teva Pharmaceutical Industries Ltd., GlaxoSmithKline plc, Bausch Health, Hikma Pharmaceuticals plc, Lannett Company, Inc., Amneal Pharmaceuticals LLC, Mylan N.V., Lupin Limited, Akron Incorporated, ANI Pharmaceuticals, Inc., Pfizer, Inc. and Sun Pharmaceutical Industries Ltd.
- GlaxoSmithKline plc has entered into a partnership with Innoviva, Inc. to develop and market several respiratory medications, including Trelegy Ellipta, which is used to treat COPD. Trelegy Ellipta is a combination medication that contains three active ingredients and is delivered through an inhaler.
- Mayne Pharma Group Limited is committed to ongoing research and development in the field of respiratory medicine. The company is currently working on developing new treatments for respiratory conditions, including dyspnea, using innovative drug delivery technologies.
Key Segments Profiled in the Dyspnea Treatment Industry Survey
Treatment:
Therapy
- Supplemental Oxygen Therapy
- Relaxation Therapy
Drugs
- Antianxiety Drugs
- Antibiotics
- Anticholinergic Agents
- Corticosteroids
- Others
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Route of Administration:
- Oral
- Inhalation
- Others
End Users:
- Hospitals
- Home Care
- Specialty Centres
More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Dyspnea treatment market, presenting historical analysis from 2018 to 2022 and forecast statistics for the period of 2023 to 2033.
The study reveals essential insights on the basis of Treatment (Therapy and Drugs), Route of Administration (Oral, Inhalation, Others) End Users (Hospitals, Home Care, Specialty Centres) Region (North America, Latin America, Europe, South Asia, East Asia, Oceania, Middle East & Africa)
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Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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