In Coal-Worker’s Pneumoconiosis Drug Market report, a systematic investment analysis has been performed which forecasts impending opportunities for the market players. The statistical and numerical data that has been included in this market report is represented with the tables, graphs and charts which eases the understanding of facts and figures. A proficient data and excellent forecasting techniques used in this report are synonymous with accurateness and correctness. Coal-Worker’s Pneumoconiosis Drug Market report is a painstaking analysis of existing scenario of the market which covers several market dynamics. The market study of this global Coal-Worker’s Pneumoconiosis Drug Market business report takes into consideration market attractiveness analysis where each segment is benchmarked based on its market size, growth rate & general attractiveness.
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Global coal-workers’ pneumoconiosis drug market is growing at a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. This rise in market value can be attributed to the increasing prevalence of black lung disease, increasing mining activities, increasing research and development expenses, and rising healthcare expenditures are some factors fueling the market growth.
The key market players in the global coal-workers’ pneumoconiosis drug market are Abbott, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Teva Pharmaceutical Industries Ltd, AstraZeneca, Medtronic, Eli Lilly and Company, Merck & Co., Inc, Sun Pharmaceutical Industries Ltd, Sanofi, Novo Nordisk A/S, F. Hoffmann-La Roche Ltd, Bayer AG, Pfizer Inc, Gilead Sciences, Inc among others
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Market Definition: Global Coal-Workers’ Pneumoconiosis Drug Market
Coal workers’ pneumoconiosis (CWP) is also known as black lung disease, it is an occupational disease and a type of pneumoconiosis, caused by inhaling coal dust over a longer period of time. A person breathe in coal dust the particles enters the airways and settles down on the lung tissues, immune system tries to fight with the particles to get rid of them and in response causes inflammation and fibrosis which results in shortness of breath, coughing and over secretion of phlegm.
According to National Institute of Occupational Safety and Health in July 2018, more than 10 percent of coal miners of America with 25 or more years of experience have coal workers’ pneumoconiosis (CWP), the highest rate recorded in two decades.
Segmentation: Global Coal-Workers’ Pneumoconiosis Drug Market
Coal-Workers’ Pneumoconiosis Drug Market : By Types
- Simple Coal Worker’s Pneumoconiosis (SCWP)
- Complicated Coal Worker’s Pneumoconiosis (CCWP)
Coal-Workers’ Pneumoconiosis Drug Market : By Drugs Class
- Inhaled Medications
Coal-Workers’ Pneumoconiosis Drug Market : By Diagnosis
- CT Scan
- Pulmonary Function Test
Coal-Workers’ Pneumoconiosis Drug Market : By Treatment
- Oxygen Therapy
- Pulmonary Rehabilitation
- Lung Transplant
Coal-Workers’ Pneumoconiosis Drug Market : By Route of Administration
Coal-Workers’ Pneumoconiosis Drug Market : By Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
Coal-Workers’ Pneumoconiosis Drug Market : By End-Users
- Specialty Clinics
Coal-Workers’ Pneumoconiosis Drug Market : By Geography
- North America
- South America
Coal-Workers’ Pneumoconiosis Drug Market Drivers
- Increasing prevalence of black lung disease is driving the market growth
- Increasing mining activities is boosting the market growth
- Increasing research and development expenses is accelerating the market growth
- Rising healthcare expenditures is also enhancing the market growth
Coal-Workers’ Pneumoconiosis Drug Market Restraints
- Lack of awareness amongst coal-workers is hindering the market growth
- Limited availability of medicinal treatment options is restraining the market growth
- High cost of surgery mainly the lung transplantation is hampering the market growth
Key Developments in the Coal-Workers’ Pneumoconiosis Drug Market
- In March 2019, AstraZeneca received Orphan Drug designation from The U.S FDA for saracatinib, a potential new medicine for the treatment of idiopathic pulmonary fibrosis (IPF), a type of lung disease. This designation enables the company to receive financial incentives such as an extended period of exclusivity
- In March 2018, Boehringer Ingelheim International GmbH received Fast Track designation from the U.S FDA for nintedanib for the treatment of systemic sclerosis with associated interstitial lung disease (SSc-ILD). This designation will help the company for the early approval of nintedanid
Opportunities in the Coal-Workers’ Pneumoconiosis Drug Market Report :
- Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
- Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Coal-Workers’ Pneumoconiosis Drug Market report.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
- Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
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