Global Cough Syrup Market
Cough is a most common symptoms of various upper & lower respiratory tract infections. Cough syrups are used to treat cough which occur when one has an upper respiratory tract infection. Cough syrup works by reducing the activity of cough reflex and suppresses the urge to cough. These are composed of anti-allergic properties and mucolytic agents which provide relief from the cough-related problems at a faster rate. Cough syrup usually suppresses the thick mucus layer which allows the patient to breathe properly without any difficulty.
Market Drivers
Frequent approvals and launch of new cough syrup are expected to drive the global cough syrup market growth over the forecast period. For instance, in August 2015, Lincoln Pharmaceuticals had launched new cough syrup known as ‘NAMCOLD-DX’, which comprises Dextromethorphan Polistirex. This is designed for all age group of patients above four years. Furthermore, the increase in prevalence of cough is expected to boost the growth of global cough syrup market. For instance, as per the information published by National Center for Biotechnology Information in 2014, cough is the most common reason for visits to primary care physicians across the globe accounting for around 8 percent of all consultations.
Cough syrup is prescribed by doctors as well as it is available over-the-counter for patients with common cold, sneezing, runny nose and respiratory allergies. In addition to that, high market potential in untapped emerging economies is expected to create lucrative growth opportunities for cough syrup market during the forecast period.
Market Restraints
Misuse of cough syrup as well as stringent rules and regulations are expected to hamper the growth of global cough syrup market growth over the forecast period. For instance, in 2018, the Therapeutic Goods Administration reclassified codeine as prescription only medicine in the Australia, that was previously available as over-the-counter (OTC) medication. This reclassification was made, as everyday use of medicines containing codeine may lead to its addiction.
Market Segmentation
The Global Cough Syrup Market is segmented into product type such as Expectorants, Cough Suppressants/Antitussives, and Combination Medications. the cough suppressants/antitussives segment held the largest share in 2020, and is expected to maintain its dominance throughout the forecast period. Further, market is segmented into age group such as Pediatric, and Adult. Based on the distribution channel market is segmented into Retail Pharmacy, Hospital Pharmacy, and Online Pharmacy.
Regional Analysis
Global Cough Syrup Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The largest revenue share in the global cough syrup market is held by the North America region, due to the presence of various key operating players in the region. Also, the increase in cases of respiratory diseases along with the availability of treatment of chronic diseases are some prominent factors which drive growth of the cough syrup market in the region. The second largest market share in the cough syrup market is held by Europe, due to the growth of pharmaceutical industries in countries like the U.K., France, and Germany propel the cough syrup industry in this region.
Key Players
Various key players are listed in this report such as Pfizer, Inc., Novartis AG, Abbott, Lincoln Pharmaceuticals, Acella Pharmaceuticals, LLC, GlaxoSmithKline PLC, Reckitt Benckiser Group PLC, Procter and Gamble, Sanofi, Johnson & Johnson Services, Inc., etc.
Market Taxonomy
By Product Type
By Age Group
By Distribution Channel
By Region
Key Questions Addressed by the Report
Global Cough Syrup Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Cough Syrup Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Cough Syrup Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Cough Syrup Market Share Analysis, By Product Type
5.3 Global Cough Syrup Market Size and Forecast, By Product Type
5.3.1 Expectorants
5.3.2. Cough Suppressants/Antitussives
5.3.3. Combination Medications
6 Global Cough Syrup Market, By Age Group
6.1 Y-o-Y Growth Comparison, By Age Group
6.2 Global Cough Syrup Market Share Analysis, By Age Group
6.3 Global Cough Syrup Market Size and Forecast, By Age Group
6.3.1 Pediatric
6.3.2 Adults
7 Global Cough Syrup Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Cough Syrup Market Share Analysis, By Distribution Channel
7.3 Global Cough Syrup Market Size and Forecast, By Distribution Channel
7.3. 1 Retail Pharmacy
7.3.2. Hospital Pharmacy
7.3.3. Online Pharmacy
8Global Cough Syrup Market, By Region
8.1 Global Cough Syrup Market Share Analysis, By Region
8.2 Global Cough Syrup Market Share Analysis, By Region
8.3 Global Cough Syrup Market Size and Forecast, By Region
9 North America Cough Syrup Market Analysis and Forecast (2020-2030)
9.1 Introduction
9.2 North America Cough Syrup Market Share Analysis, By Product Type
9.3 North America Cough Syrup Market Size and Forecast, By Age Group
9.4 North America Cough Syrup Market Size and Forecast, By Distribution Channel
9.5 North America Cough Syrup Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10EuropeCough Syrup Market Analysis and Forecast (2020-2030)
10.1 Introduction
10.2 Europe Cough Syrup Market Share Analysis, By Product Type
10.3 Europe Cough Syrup Market Size and Forecast, By Age Group
10.4 Europe Cough Syrup Market Size and Forecast, By Distribution Channel
10.5 Europe Cough Syrup Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11Asia Pacific Cough Syrup Market Analysis and Forecast (2020-2030)
11.1 Introduction
11.2 Asia Pacific Cough Syrup Market Share Analysis, By Product Type
11.3 Asia Pacific Cough Syrup Market Size and Forecast, By Age Group
11.4 Asia Pacific Cough Syrup Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Cough Syrup Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12Latin America Cough Syrup Market Analysis and Forecast (2020-2030)
12.1 Introduction
12.2 Latin America Cough Syrup Market Share Analysis, By Product Type
12.3 Latin America Cough Syrup Market Size and Forecast, By Age Group
12.4 Latin America Cough Syrup Market Size and Forecast, By Distribution Channel
12.5 Latin America Cough Syrup Market Size and Forecast, Country
13Middle East Cough Syrup Market Analysis and Forecast (2020-2030)
13.1 Introduction
13.2 Middle East Cough Syrup Market Share Analysis, By Product Type
13.3 Middle East Cough Syrup Market Size and Forecast, By Age Group
13.4 Middle East Cough Syrup Market Size and Forecast, By Distribution Channel
13.5 Middle East Cough Syrup Market Size and Forecast, By Country
14Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15Company Profiles
15.1 Pfizer, Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Novartis AG
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Abbott
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Lincoln Pharmaceuticals
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Acella Pharmaceuticals, LLC
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 GlaxoSmithKline PLC
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Reckitt Benckiser Group PLC
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Procter and Gamble
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Sanofi
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Johnson & Johnson Services, Inc.
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
