Lungs are one of the primary organ involved in the respiration system and an injury to these organs impede normal functioning along with healthy growth and development of the human body. The lung injury drugs utilization can be due to direct or indirect causes including trauma, infections, pressure exerted on ribs, sepsis, transfusions, toxic substances, aspiration, inhalation of smoke or gases, overuse of medication and surgery. The lung injury drugs prescribed to the patients are categorized in different classes and vary in their mechanism and mode of action. Depending on the symptoms observed by the pulmonologist along with medical history, genetic factors, lifestyle and unfavorable environmental factors, the therapy can be designed to treat the patients suffering from acute lung injury, pulmonary edema, pulmonary embolism, pulmonary laceration and pneumothorax. The acute lung injury gives rise to respiratory failure and ultimately death if undiagnosed. Lung injury drugs help reduce the inflammation by repairing the cell lines and relieving from the associated pain.
Rising prevalence of patient pool suffering from chronic obstructive pulmonary diseases is the key factor propelling the revenue growth of lung injury drugs market over the forecast period. The lung injury drugs are expected to generate demand due to rising surgical treatments in most of the markets. The lung cancer treatments are on rise and anticipated to drive the growth of the lung injury drugs market. The FDA/EMA approvals for rare diseases associated with lungs are expected to grow the lung injury drugs market. The inhalation of tobacco and cannabinoid intoxicants through vapes and other instruments may rise the number of patients demanding for the lung injury drugs. The collaborative research for new drug development, awareness through diagnostic techniques and increasing trend of universal health coverage in the newly developing markets are supposed to drive the lung injury drugs markets in spite of the fluctuating government policies.
The global lung injury drugs market is classified on the basis of drug class, indication, distribution channel and region.
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Based on drug class, lung injury drugs market is segmented into the following: Corticosteroids Kinase inhibitors Antibiotics
Based on route of administration, lung injury drugs market is segmented into the following: Oral Nasal Intravenous
Based on distribution channel, lung injury drugs market is segmented into the following: Hospitals Clinics Pharmacies Others
Rising prevalence of chronic obstructive pulmonary diseases is the key factor behind the significant growth of lung injury drugs market throughout the globe. According to American Lung Association, 30% to 50% of patients diagnosed with acute lung injury succumbed even with the best treatments. The US FDA approved Nintedanib marketed as Ofev in the market back in 2014. It works as a kinase inhibitor and reducing the inflammations and scars pertaining to lung injury. The corticosteroids are expected to grow the lung injury drugs market due to increasing efficacy and comparatively less side effects as reported through ongoing clinical trials. The oral drugs are anticipated to drive growth with rising availability over the counter. The pharmacies are expected to grow with the availability of generic versions after the expiration of the patents.
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Among the regional presence, North America is the lucrative region for lung injury drugs market which is then followed by Europe. North America registers to be the leading revenue generating segment due to the rising adoption of lung injury drugs in U.S. and Canada. North America and Europe cumulatively account for a substantial revenue share in lung injury drugs market. However, due to high prevalence of COPD and trauma cases in India and China can be the key factor behind the robust the growth of lung injury drugs market in South Asia and East Asia region. Middle East and Africa are expected to account for being least lucrative market for lung injury drugs due to lack of availability of pulmonology related screening techniques and therapies.
Some of the key players across the value chain of Lung Injury Drugs market are Boehringer Ingelheim International GmbH., Pfizer Inc., Johnson & Johnson Services, Cipla Inc., Circassia, Merck & Co., Inc., Genentech, Inc., Regeneron Pharmaceuticals, Inc. and others.
The report on Lung Injury Drugs market covers exhaustive analysis on: Market Segments Market Dynamics Historical Actual Market Size, 2014 – 2018 Market Size & Forecast 2019 to 2029 Supply & Demand Value Chain Market Current Trends/Issues/Challenges Competition & Companies involved Technology Value Chain Market Drivers and Restraints
Regional analysis for Lung Injury Drugs market includes North America Latin America Europe East Asia South Asia Oceania Middle East & Africa
Report on Lung Injury Drugs market highlights: Shifting industry dynamics In-depth market segmentation Historical, current and projected industry size Recent industry trends Key competition landscape Strategies of key players and product offerings Potential and niche segments/regions exhibiting promising growth A neutral perspective towards market performance
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