The global Pulmonary Edema Therapeutics Market Growth Accelerated by Adoption of Novel Therapies
Pulmonary edema is a life-threatening condition characterized by excess fluid in the air spaces of the lungs. It leads to breathing difficulties and requires immediate medical attention. Various drugs are used to treat pulmonary edema such as diuretics, vasodilators, and inotropic agents that help in reducing fluid buildup and improving breathing. Moreover, novel therapies including endothelial receptor antagonists and stem cell therapy are gaining prominence.
The global Pulmonary Edema Therapeutics Market is estimated to be valued at US$ 12144.1 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The growing adoption of novel therapies for pulmonary edema treatment is one of the key trends driving market growth. Endothelial receptor antagonists work by blocking endothelin receptors, which are involved in vasoconstriction and sodium retention leading to edema formation. Drugs such as Tezosentan helps resolve pulmonary edema quickly and effectively. Similarly, mesenchymal stem cell therapy aids in reducing inflammatory response and repairing alveolar epithelial barrier integrity that is disrupted during pulmonary edema. Ongoing clinical trials are evaluating the potential of stem cells derived from sources like adipose tissue, bone marrow and cord lining cells. Their ability to home to sites of injury, suppress inflammation and stimulate endogenous repair mechanisms offer promise for pulmonary edema. If successful, these novel therapies will capture a significant market share in the coming years.
Segment Analysis
The global Pulmonary Edema Therapeutics market is segmented into drug class and distribution channel. Based on drug class, the market is segmented into diuretics, vasodilators, ACE inhibitors, angiotensin-II receptor blockers, and others. Among these, the diuretics segment currently dominates the market due to ease of administration and effectiveness of drugs such as furosemide and bumetanide in expelling excess fluid from lungs and body. The vasodilators segment is expected to witness significant growth during the forecast period.
Key Takeaways
The Global Pulmonary Edema Therapeutics Market is expected to witness high growth during the forecast period of 2023 to 2030. The global Pulmonary Edema Therapeutics Market is estimated to be valued at US$ 12144.1 Mn in 2023 and is expected to exhibit a CAGR of 5.4% over the forecast period 2023 to 2030.
Regional analysis: North America currently dominates the global market due to high prevalence of pulmonary disorders and well-established healthcare industry in the region. However, Asia Pacific region is expected to witness fastest growth during the forecast period owing to increasing healthcare expenditure, large patient population, and availability of generic drugs.
Key players operating in the Pulmonary Edema Therapeutics market are Crayola LLC, Faber-Castell AG, Sargent Art, Reeves (Colart Group), Liquitex (Colart Group), Sax Arts & Crafts, Prang (Dixon Ticonderoga Company), RASCHER GmbH, Richeson Art Materials, Jovi S.L.
For more details on the report, Read- http://marketerefforts.weebly.com/home/pulmonary-edema-therapeutics-is-estimated-to-witness-high-growth-owing-to-opportunity-in-patient-population
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