PUBLISHER: The Insight Partners | PRODUCT CODE: 1874007
PUBLISHER: The Insight Partners | PRODUCT CODE: 1874007
In 2024, the chronic cough market was valued at approximately US$ 9.15 billion and is anticipated to grow to US$ 13.60 billion by 2031. The market is projected to experience a compound annual growth rate (CAGR) of 8.2% from 2031 to 2031. Increased awareness of respiratory issues, advancements in medical research and treatment options, along with ongoing drug development trends, are expected to be significant factors influencing the chronic cough market.
Chronic Cough Market Analysis
The global chronic cough market is largely propelled by the rising incidence of chronic lung infections, as a persistent cough is a common symptom, and the introduction of new treatments for chronic cough. The market's growth is also supported by a notable shift towards prioritizing respiratory health and wellness, alongside initiatives from both governmental and non-governmental organizations.
Chronic Cough Market Overview
A chronic cough is defined as one that persists for eight weeks or longer. It can be caused by infections, asthma, and gastroesophageal reflux disease (GERD). Symptoms associated with chronic cough include a sensation of mucus running down the throat (postnasal drip), headaches, frequent throat clearing, sore throat, hoarseness, shortness of breath, wheezing, a sour taste in the mouth, and heartburn. There has been a notable increase in investments in healthcare infrastructure, diagnostic services, and patient education programs aimed at enhancing the management and early detection of chronic cough.
Strategic Insights
Chronic Cough Market Drivers and Opportunities
Increasing Incidence of Chronic Cough to Boost Market Growth
Conditions such as infections, lung diseases, and bronchitis are likely contributors to chronic cough. The global rise in asthma cases, particularly among children and adults, is significant. A study titled "Prevalence of chronic cough, its risk factors and population attributable risk in the Burden of Obstructive Lung Disease (BOLD) study: a multinational cross-sectional study" published in February 2024, reported that the prevalence of chronic cough varies between 2% and 18%. Factors commonly linked to chronic cough include smoking, asthma, chronic obstructive pulmonary disease (COPD), obesity, upper airway cough syndrome (UACS), and gastroesophageal reflux disease (GERD).
Growing Elderly Population Expected to Increase Demand for Chronic Cough Treatments
Older adults are more susceptible to chronic cough, with aging being a primary factor in reduced immunity. Age-related degeneration of organs and healthy tissues can lead to various health issues, with chronic cough being prevalent among the elderly. As individuals age, their respiratory systems deteriorate, increasing the likelihood of respiratory infections such as pneumonia and influenza.
The global aging population is on the rise, with both developed and developing nations experiencing lower mortality rates. Improvements in healthcare have enhanced public health, leading to increased life expectancy. According to the World Health Organization (WHO), by 2050, the global population aged 60 and older is expected to reach 2.1 billion, with the number of individuals aged 80 and above projected to triple from 2020 to 2050, reaching 426 million. Consequently, the growing elderly demographic is likely to drive demand for chronic cough treatments during the forecast period.
Chronic Cough Market Report Segmentation Analysis
The chronic cough market analysis is segmented by drug class, route of administration, and distribution channel.
Chronic Cough Market Share Analysis by Geography
The geographic analysis of the chronic cough market report is divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has been the leading region in the chronic cough market. The increasing demand for over-the-counter (OTC) products is a significant factor expected to drive revenue growth in this region during the review period. Additionally, the rising number of chronic cough cases, a rapidly growing elderly population, increasing vehicle pollution, and heightened awareness of advanced treatment options are contributing to the demand for cough remedy products.
Chronic Cough Market Report Scope
Chronic Cough Market News and Recent Developments
The chronic cough market evaluation is based on qualitative and quantitative data obtained from primary and secondary research, including key corporate publications, association data, and databases. Recent developments in the chronic cough market include:
Chronic Cough Market Report Coverage and Deliverables
The report titled "Chronic Cough Market Size and Forecast (2021-2031)" provides a comprehensive analysis of the market, covering the following areas: