How the Severe Acute Respiratory-Syndrome Treatment Market Will Grow: Key Trends, Market Size, and Opportunities Beyond 2025
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Factors Are Propelling the Market Growth of theSevere Acute Respiratory-Syndrome Treatment Market from 2025 to 2034?
The severe acute respiratory syndrome treatment market is anticipated to expand in the wake of a rising number of respiratory illnesses. These illnesses encompass various medical states that adversely impact the respiratory apparatus, which is essential for maintaining respiration and gas exchange between the body and surrounding environment. In treating such conditions, severe acute respiratory syndrome treatments play a crucial role in relieving symptoms, averting complete respiratory failure, curbing inflammation, and ensuring adequate oxygen supply. For exemplification, the data from November 2023, provided by the National Asthma Council, an Australian non-profit organisation involved in enhancing asthma treatment and management, recorded 467 deaths due to asthma in 2022, comprising 299 females and 168 males, a significant increase from 355 deaths in 2021. Consequently, this escalating incidence of respiratory diseases is fuelling the growth of the severe acute respiratory syndrome treatment market. Increasing investments for research and development are also anticipated to encourage the expansion of the severe acute respiratory syndrome treatment market. Such investments denote the dedication of fiscal and human resources by organisations, agencies, or governments for carrying out structured and innovative explorations and activities to unearth new insights. Such amplified investments in R&D play a critical part in bettering the available treatment options for severe acute respiratory syndromes like SARS and COVID-19. This financial backing aids in concocting effective pharmaceuticals, vaccines, diagnostic methods, and therapeutic procedures to enhance the health results of patients and prepare globally for such health emergencies. For instance, in August 2023, as per the United States Department of Health and Human Services, which is an executive department of the U.S federal governance, the HHS, via the Administration for Strategic Preparedness and Response (ASPR), allotted more than $1.4 billion for Project NextGen to back the progression of advanced COVID-19 vaccines and treatments. Hence, these augmenting investments in research and development are bolstering the growth of the severe acute respiratory syndrome treatment market.
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How Will the Growth Rate of theSevere Acute Respiratory-Syndrome Treatment Market Impact Industry Trends by 2034?
In recent times, there has been a swift expansion in the size of the Severe Acute Respiratory Syndrome treatment market. The market is projected to expand from $3.45 billion in 2024 to $3.97 billion in 2025, observing a compound annual growth rate (CAGR) of 15.2%. This substantial growth during the historical period can be linked to the global reaction to outbreaks, advancements in antiviral drug formulas, vaccine creation, and public health readiness.
In the upcoming years, the market size for the treatment of severe acute respiratory syndrome is projected to witness swift expansion. It is anticipated to reach a valuation of $7.15 billion in 2029, surging at a compound annual growth rate (CAGR) of 15.8%. The growth in this period is likely to be driven by factors such as wide-ranging antivirals, the introduction of new treatment methods, advancements in vaccines, and preparation for pandemics. Key trends forecasted for the period include therapies targeted at RNA, the application of artificial intelligence in drug discovery, worldwide collaborations, and efforts towards public health education.
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How Are Market Trends and Innovations Revolutionizing theSevere Acute Respiratory-Syndrome Treatment Industry in Recent Times?
Leading businesses in the severe acute respiratory syndrome treatment market are exploring novel methods such as the multiplexed real-time PCR to consolidate their market standing. The multiplexed real-time PCR is an advanced molecular biology technique that allows for the amplification and detection of multiple DNA or RNA targets simultaneously. In a case in point, TransGen Biotech Co. Ltd., a Beijing-based molecular and cellular biology product enterprise, rolled out the Trans-SARS-CoV-2, Influenza A and B, and Respiratory Syncytial Virus Assay in July 2022. This cutting-edge assay, a multiplexed real-time PCR (polymerase chain reaction) method, can discern and differentiate between SARS CoV 2, Influenza A, Influenza B, and respiratory syncytial virus (RSV) within one sample. Moreover, it serves as a crucial instrumental for diagnosing and treating SARS, influenza and RSV, thereby aiding in treatment administration and curtailing the diseases’ dissemination.
Which Key Market Players Are Shaping the Future and Growth of theSevere Acute Respiratory-Syndrome Treatment Market?
Major companies operating in the severe acute respiratory-syndrome treatment market are Pfizer Inc., F. Hoffmann-La Roche Ltd., AbbVie Inc., Merck And Co Inc., Novartis AG, Bristol Myers Squib company, GlaxoSmithKline PLC, AstraZeneca PLC, Sanofi SA, Eli Lilly And Company, Gilead Sciences Inc., Amgen Inc., Johnson And Johnson Private Limited, Moderna Inc., Regeneron Pharmaceuticals Inc., Hetero labs Ltd., Alexion Pharmaceuticals Inc., Cadila healthcare Ltd., Genentech Inc., Cipla Ltd., Biogen Inc., Vir Biotechnology Inc., Swedish Orphan Biovitrum AB, Dynavax Technologies Corporation, ViiV Healthcare Limited, Panacea Biotec Limited, CureVac N.V., CN Bio Innovations Ltd., Inovio Pharmaceuticals Inc., Chimerix Inc.
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What Are the Core Segments of the Severe Acute Respiratory-Syndrome Treatment Market, and How Do They Contribute to Growth?
The severe acute respiratory-syndrome treatment market covered in this report is segmented –
1) By Drug Class: Antibiotics, Antiviral, Corticosteroids, Monoclonal Antibodies, Other Drug Classes
2) By Route Of Administration: Oral, Intravenous
3) By Indication: Severe Acute Respiratory Syndrome COVID-19 (SARS-CoV), Severe Acute Respiratory Syndrome COVID-19 2 (SARS-CoV-2)
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
Subsegments:
1) By Antibiotics: Broad-Spectrum Antibiotics, Narrow-Spectrum Antibiotics
2) By Antiviral: Nucleoside Analogs, Protease Inhibitors
3) By Corticosteroids: Systemic Corticosteroids, Inhaled Corticosteroids
4) By Monoclonal Antibodies: Neutralizing Antibodies, Non-Neutralizing Antibodies
5) By Other Drug Classes: Immunomodulators, Supportive Medications
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What Regions Are Dominating the Severe Acute Respiratory-Syndrome Treatment Market Growth?
North America was the largest region in the severe acute respiratory syndrome treatment market in 2024. Western Europe is expected to be the fastest-growing region in the forecast period. The regions covered in severe acute respiratory syndrome treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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