Cough syrups are the drug used to treat or provide temporary relief from cough, sneezing, or runny noses because of common cold, hay fever, or several other upper respiratory infections. Cough syrups are generally divided into a dry cough and chesty cough. With the increase in incidences of respiratory disorders and rising pollution, the cough medicine market is growing.
MARKET DYNAMICS
Factors driving the growth of the cough medicine market are an increase in incidences of respiratory disorders, rising pollution and a growing geriatric population. However, stringent regulations and misuse of cough syrups are likely to hamper the growth of the market. Moreover, the high market potential in untapped emerging economies and increase in product development are further likely to create lucrative growth opportunities in the market.
MARKET SCOPE
The "Cough Medicine Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of cough medicine market with detailed market segmentation by type, category, and distribution channel. The cough medicine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in cough medicine market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The cough medicine market is segmented on the basis of type, category, and distribution channel. On the basis of type, the market is categorized as combination drugs, and individuals. Combination drugs is again categorized as dextromethorphan and guaifenesin, guaifenesin and pseudoephedrine, brompheniramine and pseudoephedrine, and others. Individual is again categorized as dextromethorphan, guaifenesin, ambroxol, and codeine. On the basis of category, the market is categorized as cough suppressants, and expectorants. On the basis of distribution channel, the market is categorized as retail pharmacy, hospital pharmacy, and online pharmacy.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the cough medicine market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The cough medicine market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting cough medicine market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the cough medicine market in these regions.
MARKET PLAYERS
The report covers key developments in the cough medicine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from cough medicine market are anticipated to have lucrative growth opportunities in the future with the rising demand for cough medicine in the global market. Below mentioned is the list of few companies engaged in the cough medicine market.
The report also includes the profiles of key players in cough medicine market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- Pfizer, Inc.
- Novartis AG
- Merck KGaA
- Johnson and Johnson Services, Inc
- GlaxoSmithKline PLC
- Acella Pharmaceuticals, LLC
- Procter & Gamble
- Reckitt Benckiser Group PLC
- Abbott
- Sanofi
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.