Global Pharyngitis Treatment Market is anticipated to reach US$ 1,679.1 Mn by 2026 from US$ XX Mn in 2019 at a CAGR of XX% during a forecast period.
Global Pharyngitis Treatment Market Overview

Pharyngitis is a condition that causes inflammation of the pharynx. It is most usually referred to as a painful throat. It produces pain, irritation, and scratchiness in the throat, making swallowing difficult. The most prevalent cause of pharyngitis is viral infections such as the common cold, influenza, and others. Early therapy is required to alleviate discomfort. Sneezing, runny nose, headache, weariness, body pains, chills, and other symptoms are usually connected with the illnesses.

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Global Pharyngitis Treatment Market Dynamics

The high prevalence and rising incidence of flu are expected to boost the global pharyngitis treatment market. The American Osteopathic Association (AOA) reports that pharyngitis-induced sore throat is one of the major causes of physician visits in the United States. Some of the most frequent causes of sore throat include viral infections such as the common cold, influenza, and mononucleosis. According to the World Health Organization, around 3-5 million instances of severe flu are registered worldwide each year, with between 2,500 and 3,000 fatalities occurring.

According to a World Health Organization (WHO) estimate, around 86 percent of the world children population got in 2019. Pharyngitis is caused by a bacterial infection in the pharynx (the back of the throat). This results in throat swelling and soreness, trouble swallowing and speaking, and fever. The rising need for therapy to alleviate these symptoms is also expected to drive market growth.

Furthermore, according to the Centers for Medicare & Medicaid Services (CMS), the expected average annual percent change in National Health Expenditures (NHE) in the United States was 5.2 % in 2020 compared to 2019. Furthermore, National Health Expenditures are expected to reach USD 6,192.5 billion in 2026, with per capita spending reaching USD 17,611 in the same year. These are significant signs that are expected to generate significant revenue prospects during the forecast period.

Global Pharyngitis Treatment Market Segmentation Analysis

By Source of Infection, the global pharyngitis therapy market is divided into viral and bacterial segments. By the end of 2026, the viral source is expected to account for a significant portion of the global pharyngitis treatment market.

By Drug Class, beta lactams are expected to be one of the most desired between 2019 and 2026. Beta lactams are expected to generate over $500 million in sales by the end of 2026. Cephalosporins and penicillins are examples of beta-lactam antibiotics. These drugs are effective against a wide range of dangerous germs. Furthermore, the recent introduction of broad-spectrum beta-lactam antibiotics active against gram-negative bacteria has enhanced their use.

By Distribution Channel, Retail pharmacies and drug stores are expected to obtain the greatest revenue share. Retail pharmacies and drug stores are expected to generate over US$ 700 million in sales by the end of 2026. A sore throat is fairly frequent. Pharmacists can examine particular symptoms stated by patients and provide Over-the-Counter (OTC) drugs available at retail pharmacies and drug shops depending on their findings. Lozenges are one of the most often used over-the-counter medications for treating a sore throat. Furthermore, pharmaceutical firms are launching new medications that can provide immediate pain relief.
Global Pharyngitis Treatment Market Regional Analysis

The market in North America is expected to account for the greatest share throughout the projected period due to high healthcare spending, rising health awareness among people, and increased investment in R&D activities. According to another WHO estimate, North America's per capita healthcare spending in 2018 was USD 10,050.279. Furthermore, the existence of large pharmaceutical firms, as well as significant expenditure in vaccine research and distribution, is expected to drive market growth.

The Asia Pacific area is expected to have the greatest CAGR throughout the forecast period, owing to a high incidence of pharyngitis, a large population, and an increased risk of infection. Furthermore, the growing public healthcare system in countries such as India and China is expected to drive market growth.

Global Pharyngitis Treatment MarketThe objective of the report is to present a comprehensive analysis of the Global Pharyngitis Treatment Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.

The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Pharyngitis Treatment Market dynamics, structure by analyzing the market segments and project the Global Pharyngitis Treatment Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Pharyngitis Treatment Market make the report investor’s guide.
Global Pharyngitis Treatment Market Scope: Inquire before buying

Global Pharyngitis Treatment Market by Region

• North America
• Asia pacific
• Europe
• Middle East and Africa
• South America
Global Pharyngitis Treatment Market Key Players

• Genentech Inc
• Adamas Pharmaceutical Inc
• PLIVA HRVATSKA d.o.o
• Pfizer Inc
• Valeant Pharmaceuticals International, Inc
• Mylan N.V
• GSK group of companies
• Teva Pharmaceutical Industries Ltd
• AbbVie Inc
• Viatris Inc. (Mylan)
• GlaxoSmithKline plc
• Abbott Laboratories
• AbbVie Inc
• Amgen Inc
• Sanofi-aventis Groupe
• Purdue Pharma L.P

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