Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 331 Million | USD 559.21 Million | 6% | 2023 |
According to the report published by Zion Market Research, the global Bronchopulmonary Dysplasia Treatment Market size was valued at USD 331 Million in 2023 and is predicted to reach USD 559.21 Million by the end of 2032. The market is expected to grow with a CAGR of 6% during the forecast period. The report analyzes the global Bronchopulmonary Dysplasia Treatment Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Bronchopulmonary Dysplasia Treatment industry.
A common chronic respiratory disease that occurs in the premature infants which receive mechanical ventilation is known as bronchopulmonary dysplasia. Alternatively, it is known as respiratory distress syndrome. The symptoms of the bronchopulmonary dysplasia include a chronic cough, while breathing flaring up of the nostrils, rapid breathing, breathlessness, and yellowing of the skin due to the lowering of the blood oxygen level. Other reasons for the cause of this disease include maternal complications, fetal membranes inflammation, antenatal infection, and preeclampsia.
In the future, the bronchopulmonary dysplasia diseases will be managed by including strategies that will focus more on the prevention of the disease. The reason for this is that there are very fewer therapies available that are acceptable and can prevent bronchopulmonary dysplasia. The ones that are available are applicable for treating bronchopulmonary dysplasia.
The global market for the bronchopulmonary dysplasia treatment is fragmented into its drug type, therapy type, and end-user.
The market is segregated into immunomodulators, antibiotics, bronchodilators, diuretics, steroids, and surfactant homeostasis on the basis of drug type.
The market is categorized into supplemental oxygen, protein replacement, nitric oxide, and stem cell on the basis of the therapy type.
The market is divided into nursing homes, hospitals, and critical care centers on the basis of end-user.
The major factor that is driving the bronchopulmonary dysplasia treatment market is the increasing rate of the infants that are at the high-risk of contracting bronchopulmonary dysplasia. Research proved that every year the number of the infants getting affected from the disease is increasing thus fueling the demand for the bronchopulmonary dysplasia treatment. Other factors that are favoring the growth of the market are the increasing initiatives taken by the government, supporting reimbursement policies, growing prevalence of the disease, and the increasing rate of premature births which results into bronchopulmonary dysplasia. There is an increasing rate of researches being conducted by the pharmaceutical companies in order to develop novel options of treatment thus triggering the growth of the market in the future years.
Report Attributes | Report Details |
---|---|
Report Name | Bronchopulmonary Dysplasia Treatment Market |
Market Size in 2023 | USD 331 Million |
Market Forecast in 2032 | USD 559.21 Million |
Growth Rate | CAGR of 6% |
Number of Pages | 200 |
Key Companies Covered | Chiesi Farmaceutici, Meridigen Biotech, Therabron Therapeutics, Airway Therapeutics, MediPost, Syntrix Biosystems, and Insmed Inc |
Segments Covered | By drug type, By therapy type, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The geographical diversification of the bronchopulmonary dysplasia treatment market includes the Western European, Eastern Europe, Latin America, Middle East and Africa, and North America regions. The region that is expected to lead the bronchopulmonary dysplasia treatment market is the North America. The factors that are favoring this growth are the supporting government policies, rise in the knowledge about the disease, and the increased treatment rate. The region that is following is Asia Pacific region. The major factor that contributes to this growth is the increasing pool of patients that are suffering from the disease thus fuelling the growth of the market.
The key market players that are involved in the bronchopulmonary dysplasia treatment market are:
The Global Bronchopulmonary Dysplasia Treatment Market is segmented as follows:
By drug type
By therapy type
By end-user
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