Chronic Cough Market | 2031 Strategic Insights | Recent updates
The chronic cough market size in 2021 stood at US$ 7.23 billion and is projected to reach US$ 13.60 billion by 2031 from US$ XX billion in 2023. The market is expected to register a CAGR of 8.2% in 2023–2031. Rising awareness regarding respiratory problems, along with advances in medical research and treatment choices, and continuous trend of drug development is likely to remain key chronic cough market trends.
Chronic Cough Market Analysis
The global chronic cough market is primarily driven by the rising prevalence of chronic lung infections diseases, as persistent cough is a prevalent indication, and the development of new products to treat chronic cough. The market expansion is being driven by a considerable change towards prioritising respiratory health and wellness, as well as government and non-government initiatives.
Chronic Cough Market Overview
A chronic cough continues for eight weeks or more. Infections, asthma, and gastric reflux sickness all contribute to its prevalence. Signs and symptoms of the chronic cough market include, a sensation of liquid running down the back of the throat (postnasal drip), and a headache, among others. Regular throat clearing, painful throat, hoarseness, shortness of breath, wheezing, sour odour in the mouth, or heartburn. There has been an increase in investment in healthcare infrastructure, diagnostic facilities, and patient education programmes to improve management and early detection of chronic cough.
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Chronic Cough Market: Strategic Insights
Market Size Value in US$ 5,430.0 Million in 2019 Market Size Value by US$ 9,854.8 Million by 2027 Growth rate CAGR of 7.8% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Chronic Cough Market: Strategic Insights
Market Size Value in | US$ 5,430.0 Million in 2019 |
Market Size Value by | US$ 9,854.8 Million by 2027 |
Growth rate | CAGR of 7.8% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to AnalystChronic Cough Market Drivers and Opportunities
Growing Adoption of Chronic Cough to Favor Market Growth
The conditions such as infection, lung diseases, and bronchitis are also likely to lead to chronic cough. The condition such as asthma is rising globally; it is commonly seen among children and adults. According to 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, the prevalence for chronic cough ranged from 2% to 18%. Smoking, asthma, chronic obstructive pulmonary disease (COPD), obesity, upper airway cough syndrome (UACS), and gastro-oesophageal reflux disease (GORD) are some of the factors that have most commonly been associated with chronic cough.
Rising Aging Population is Expected to Drive Demand for Chronic Cough Treatment Market
Older people are more prone to have a chronic cough, and the growing age is the prime factors of decreased immunity. The degeneration of the organs and healthy tissues due to age factor invites several health conditions. Chronic cough is one of the commonly seen health conditions among older people. The respiratory system starts degenerating as the age progresses. Therefore, the chances of suffering from respiratory infections, such as pneumonia and the flu increases in older people.
The aging population is growing across the world, as developed and developing countries are witnessing a decreased death rate. The developments in the healthcare industry have enhanced public health resulting in increased life expectancy. According to WHO, by 2050, the world’s population of people aged 60 years and above will reach to 2.1 billion. The number of persons aged 80 years or older is expected to triple between 2020 and 2050 to reach 426 million. Therefore, it expected that the growing geriatric population is likely to demand more chronic cough treatment during the forecast period.
Chronic Cough Market Report Segmentation Analysis
Key segments that contributed to the derivation of the chronic cough market analysis are drug class, route of administration, and distribution channel.
- Based on drug class, the chronic cough market is segmented into antihistamines, corticosteroids, decongestants, combination drug, antibiotics, acid blockers, and other drug class. The combination drug segment held a larger market share in 2023.
- By route of administration, the market is divided into oral, injections, inhalation, other route of administration. The oral segment held the larger share of the market in 2023.
- In terms of distribution channel, the market is segmented into hospital pharmacy, online pharmacy, and retail pharmacy. The hospital pharmacy segment dominated the market in 2023.
Chronic Cough Market Share Analysis by Geography
The geographic scope of the chronic cough market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the chronic cough market. The rising demand for over the counter (OTC) products is a main factor projected to drive growth revenue of the region in the review period. In addition, an increasing number of chronic cough cases, rapidly growing elderly population, rising vehicle pollution, and growing awareness about advanced medicines are among some of the other factors that drive the demand for cough remedies products.
Chronic Cough Market Report Scope
Chronic Cough Market News and Recent Developments
The chronic cough market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for chronic cough:
- Trevi Therapeutics, Inc., a clinical-stage biopharmaceutical company developing the investigational therapy Haduvio (oral nalbuphine ER) for patients with chronic cough in idiopathic pulmonary fibrosis (IPF), refractory chronic cough (RCC), and prurigo nodularis, announced the initiation of its Phase 2b CORAL clinical trial evaluating three doses of Haduvio against placebo in approximately 160 IPF patients with chronic cough. (Source: The Trevi Therapeutics, Press Release, 2023)
- Algernon Pharmaceuticals Inc., a Canadian clinical stage pharmaceutical development company, is pleased to announce that it has closed on its agreement with Seyltx Inc., a privately owned U.S. based drug development company, for the acquisition of Algernon’s NP-120 (“Ifenprodil”) research program. (Source: Algernon Pharmaceuticals Inc., Press Release, 2024)
Chronic Cough Market Report Coverage and Deliverables
The “Chronic CoughMarket Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Drug Class ; Route of Administration ; Distribution Channel ; and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.