According to the report published by Allied Market Research, the global Lung Injury Market was estimated at $1.57 billion in 2020 and is expected to hit $2.41 billion by 2030, registering a CAGR of 4.20% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and varying market trends.
Which is the most influencing segment growing in the Lung Injury market report?
On the basis of therapy, the medication segment was the major shareholder 2020, as various therapies were used as supportive treatment for lung injury. Depending on injury type, the direct injury acquired the largest share in 2020, and is expected to remain dominant throughout the forecast period. This is attributed to rise in incidence of pulmonary infections worldwide.
What are the key trends in the Lung Injury market report?
Rise in prevalence of lung-related diseases and increase in geriatric population. Furthermore, increase in awareness related to treatment of acute lung injury (ALI) or acute respiratory distress syndrome (ARDS) is expected to notably contribute toward the growth of the global market.
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- Covid 19 impact trends and perspective
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- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
- Winning imperatives
- Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market
Covid-19 Situation –
- Patients infected with the new coronavirus often suffer from severe depression. For example, about 30% of patients with COVID-19 develop severe, life-threatening respiratory problems, resulting in a high death rate. This has a positive impact on the global lung injury market.
- This behaviour can continue until the virus is completely gone.
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Based on product, the direct injury segment accounted for more than half of the total market revenue in 2020 and is expected to lead by 2030. The segment will also show the fastest CAGR of 4.7% during policy.
Based on the region, the Asia-Pacific market has the largest share in 2020, accounting for more than a third of the global market. The same region will also show the fastest CAGR of 5.5% during the forecast period. Other regions discussed in the report include North America, Europe, and LAMEA.
Major Key Market Players in the Industry –
- Apeptico Forschung Und Entwicklung GmBH
- Bayer AG
- General Electric Company
- Glaxosmithkline Plc,
- Koninklijke Philips N.V.
- Linde Plc.
- Medtronic Plc.
- Ony Biotech Inc
- Pfizer Inc.
- Teva Pharmaceutical Industries Ltd.
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Market: By Region Outlook
- North America (U.S., Canada, Mexico)
- Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
- LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)
Important Questions Being Answered by This Market Report Are –
Q1. What is the total market value of Lung Injury market report?
Q2. Which are the top companies hold the market share inLung Injury market?
Q3. What are the market values / growth % of emerging countries?
Q4. What would be forecast period in the market report?
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Key findings of the study –
- With treatment, the pharmaceutical sector has gained a large share of the global market in 2020.
- Based on the type of injury, direct injury is the dominant player in 2020 and is expected to remain the same during the forecast period.
- Based on the end user, hospitals and clinics dominate the global market in 2020 and is expected to continue this trend during the forecast period.
- The region, Asia-Pacific is expected to show the highest CAGR of 5.50% during the forecast period.
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