Pneumonia Therapeutics Market

Jul 2020| VMR2687A| Verified Market Research

Report Highlights

Pneumonia Therapeutics Market Size And Forecast

Pneumonia Therapeutics Market was valued at USD 12.9 Billion in 2018 and is projected to reach USD 22.1 Billion by 2026, growing at a CAGR of 7.0% from 2019 to 2026.

Global Pneumonia Therapeutics Market Outlook

The rising prevalence of pneumonia across the globe and increasing development of adjuvant therapeutic strategies in addition to antibiotics has been majorly fueling the growth of the global targeted market. An increase in number of ongoing clinical trials for development of vaccines and drug molecules is another factor expected to further propel the market growth. On a contrary, low awareness and limited access to therapy are major factors that might stagnate the market growth. Growing investment for technological advancements and R&D activities for development of vaccines act as the opportunities for players in the target market.

Global Pneumonia Therapeutics Market Competitive Landscape

The Global Pneumonia Therapeutics Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as Bayer AG, Pfizer, Inc., Novartis AG, Abbott, Allergan, Merck & Co., Inc., Lupin Pharmaceuticals, Inc., and GlaxoSmithKline plc.

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