Global Pulmonary Edema Therapeutics Market Report Analysis Key Trends, Application areas and Forecast By 2032

PRESS RELEASE
Published April 10, 2023

The global pulmonary edema therapeutics market size was valued at USD 150 million in 2021 and is projected to reach around USD 550 million in 2030 exhibiting a CAGR of 4.5% in the forecasted period. The rising incidence of heart failure, a major cause of pulmonary edema, an increasing geriatric population, and growing awareness about pulmonary edema are some of the key factors anticipated to drive the market. On the other hand, risks associated with heart treatments and side effects of the treatment are anticipated to hinder the growth of pulmonary edema therapeutics market growth.

The global market for pulmonary edoema therapies will develop as the prevalence of heart failure, a primary cause of pulmonary edoema, rises. According to the Centers for Disease Prevention and Control, around 6.2 million adults in the United States will have cardiovascular failure by 2020. Furthermore, pulmonary edoema is a condition caused by excess fluid in the lungs. Fluids accumulate in the different air sacs of the lungs, making breathing difficult. Furthermore, according to the National Heart, Lung, and Blood Institute Atherosclerotic Risk in Communities (ARIC) study and Cardiovascular Health Study (CHS), there are approximately 1,260,000 new and recurring coronary attacks per year, with approximately 37% of those who have a coronary attack in a given year dying from it. Furthermore, the use of intra-ventricular septum in the pumping function of the left ventricle, lung parenchyma leading to lung diseases, an increase in hypertensive crisis, pulmonary shunt, and the use of arterial blood gas to measure the quantity of arterial gases such as oxygen and carbon dioxide are driving its market growth.

The COVID-19 pandemic has had a moderate impact on the pulmonary edoema medicines market and healthcare systems. The main cause of COVID-19 mortality is abnormal alveolar fluid metabolism in the lungs, which causes fluid build-up in the alveolar airspace. The cause of this disorder, known as pulmonary edoema, is infection with the severe acute respiratory syndrome coronavirus. Understanding the mechanisms that may contribute to pulmonary edoema in persons with severe Coronavirus Disease (COVID-19) may aid in treatment.

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Type Insights:

The market is divided into two types: cardiogenic pulmonary edoema and non-cardiogenic pulmonary edoema. Cardiogenic pulmonary edoema is expected to account for a significant portion of the market in 2021. This is typically due to the increasing prevalence of heart failure, which is one of the most common causes of cardiogenic pulmonary edoema and one of the leading causes of death among adults globally.

Market Segmentation:

Prurigo nodularis is a chronic skin condition characterized by the appearance of itchy nodules on the skin surface. The global prurigo nodularis treatment market can be segmented based on treatment type, distribution channel, and geography.

  1. By Treatment Type:
  1. Topical Agents
  2. Corticosteroids
    ii. Emollients
    iii. Capsaicin
    iv. Local Anesthetics
    v. Others
  3. Systemic Agents
  4. Antihistamines
    ii. Immunosuppressants
    iii. Antibiotics
    iv. Antidepressants
    v. Others
  1. By Distribution Channel:
  1. Hospital Pharmacies
    b. Retail Pharmacies
    c. Online Pharmacies
  1. By Geography:
  1. North America (USA and Canada)
  2. Europe (UK, Germany, France, Spain, Italy, and Rest of Europe)
  3. Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific)
  4. Latin America (Brazil, Mexico, and Rest of Latin America)
  5. Middle East & Africa (GCC Countries, South Africa, and Rest of MEA)

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FAQS

  1. What are the major drivers which aid this Market?
  2. What are the segments of this Market?
  3. Which is the fastest growing region in this Market?
  4. What are some major strategies used by top players for the expansion of their business in this Market?

Regional Analysis:

North America is projected to grow at a substantial CAGR during the forecasted period. The high prevalence of risk factors and the increasing acceptance of medications to treat pulmonary edema are factors for the growth of the market in the region. Additionally, the region’s plenty of clinics and accessibility to scientifically advanced instruments are additionally driving the market’s expansion. Moreover, the Centers for Disease Control and Prevention estimate that heart disease accounts for 647,000 annual deaths in the US, or 1 in 4 deaths.

Key Companies:

The market for Pulmonary edema therapeutics is moderately competitive. With the rising applications of Pulmonary edema therapeutics, new players are considering to enter the market. The companies are also involved in events like joint ventures, acquisitions, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the Pulmonary edema therapeutics market, ultimately boosting the market growth.

  • AbbVie Inc.
  • ADVANZ PHARMA Corp.
  • Apotex Inc.
  • Bausch Health Companies Inc.
  • CHIESI Farmaceutici SpA
  • CMP Pharma Inc.
  • Johnson and Johnson
  • Lupin Ltd.
  • Novartis AG
  • Pfizer Inc.
  • Sanofi
  • Teva Pharmaceutical Industries Ltd.
  • Validus Pharmaceuticals LLC
  • Other players

Some of the Recent Developments:

• In February 2022, AstraZeneca is sticking out with an animated fantasyland theme for its Breztri TV ad but uses a blast from the past to demonstrate a brighter future. The primary phase requests patients to “Get Real” about their chronic obstructive pulmonary disease (COPD) and flare-ups, highlighting that improved breathing doesn’t make everything “fun and nice.”

  • In January 2022, MediPines Corporation announced for complete national distribution throughout the United States for its exclusive AGM100device, first FDA-cleared, non-invasive pulmonary gas exchange analyzer system across the globe.

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Key Points: 

Define, describe and forecast Potentiometers product market by type, application, end user and region.

Provide enterprise external environment analysis and PEST analysis.

Provide strategies for company to deal with the impact of COVID-19.

Provide market dynamic analysis, including market driving factors, market development constraints.

Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.

Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.

Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

Reasons to Purchase this Report:

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

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