Category : Pharmaceuticals And Healthcare | Published Date : Sep 2023 | Type : Press Release
The report highlights the increasing adoption of lung surfactants for the treatment of respiratory distress syndrome (RDS) in premature babies, which is proliferating global market growth. Consegic Business Intelligence study also provides insights into the market's competitive landscape, market segmentation, regional outlook, and emerging technologies in the lung surfactants market.
The lung surfactants market is bifurcated into drug type, indication, distribution channel, and end user. Based on drug type the market is segmented into lucinactant, colfosceril palmitate, beractant, calefacient, protectant alfa. In 2022, the lucinactant segment dominate in the overall lung surfactants market. The indication segment is categorized into respiratory distress syndrome (RDS), respiratory infections, and others. In 2022, the respiratory distress syndrome (RDS) segment accounted for the highest market share in the lung surfactants market. The distribution channel segment is categorized into hospital pharmacy, retail pharmacy, online pharmacy, and others. In 2022, the hospital pharmacy segment accounted for the highest market share in the lung surfactants market. The end user segment is categorized into hospitals, specialty clinics, and others. In 2022, the hospital segment accounted for the highest market share in the lung surfactants market.
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Report Attributes | Report Details |
By Drug Type | Lucinactant, Colfosceril Palmitate, Beractant, Calefacient, and Protectant Alfa |
By Indication | Respiratory Distress Syndrome (RDS), Respiratory Infections, and Others |
By Distribution Channel | Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, and Others |
By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
As per the study, the market is dominated by certain major companies such as ONY Biotech Inc, Lyomark Pharma GmbH, Windtree Therapeutics, Inc, and Aviva Systems Biology Corporation, which have a strong market position in current market circumstances. These companies are continuously leveraging innovative technologies to develop more effective and innovative products, ensure superior functioning, and others. Furthermore, the lung surfactants market is expected to witness substantial growth in the coming years due to the growing investment in advanced technology globally.
The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships.