A recent market research report by Transparency Market Research presents a detailed analytical overview of the global market for drug rescue. The report is titled “Drug Rescue Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024.” The market is likely to exhibit a promising growth trajectory in the next few years owing to the vast rise in the number of patients with severe medical conditions and allergies. While rising demand for quick-acting medications will contribute to the growth of the market, concerns regarding the side effects of several popular drug rescue medicines could hamper the growth prospects of the market to a certain extent over the forecast period.
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The report meticulously presents an overview of the analysis of the present and past growth dynamics of the global drug rescue market and projects its potential size and growth prospects over the period between 2016 and 2024, in terms of both volume and value. The report allows a more comprehensive understanding of the growth potential of the market and analyzes the extent to which various factors impact the market. The report breaks down the market on the basis of various criteria, including product type and geography, for a coherent understanding of the market.
Based on drug class, the global drug rescue market is segmented into analgesics, antiepileptics, muscle relaxants, antinauseants, and bronchodilators. On the basis of indications, the report segments the global drug rescue market into epilepsy, migraine, asthma, cardiac arrest, and hypertension. Based on the route of administration, the report covers the global drug rescue market for segments such as sublingual, parenteral, oral, rectal, and oral. Key distribution channels for drug rescue medicines covered in the report are retail pharmacies, hospital pharmacies, and online pharmacies.
Geographically, the report covers the market for drug recue for regions such as Asia Pacific, North America, Europe, Latin America, and Middle East and Africa. Of these, the market in North America is predicted to hold the leading share in the overall revenue of the market over the report’s forecast period. Factors such as the vast rise in allergies, increased incidence rate of chronic conditions, and mounting population of geriatrics are likely to work in favor of the market over the report’s forecast period. The Asia Pacific market is likely to emerge as the most promising regional market owing to rising expenditure on healthcare, rising disposable incomes, and a massive rise in the population of people with chronic and allergic disease.
The report also presents a detailed account of the vendor landscape of the global drug rescue market with the help of a number of analytical tools such as Porter’s five forces analysis. Detailed business profiles of some of the market’s most prominent players are also included in the report, along with data pertaining to market share, business strategies, product portfolios, and recent developments. Some of the leading companies in the market are Teva Pharmaceutical Industry Ltd., Bioneer Corporation, Bristol-Myers Squibb Company, VistaGen Therapeutics, Inc., UCB Group of Companies, and Merck & Co., Inc.