Pneumonia Therapeutics Market Share, Segmentation, Report 2024

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Pneumonia Therapeutics Market Size, Industry
Analysis Report, Regional Outlook-2017-2024.
Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Application of Pneumonia Therapeutics Market

• Increasing cognizance of CAP across various
  regions, escalating bacterial resistance of
  streptococcus bacteria, and HIV associated
  pneumonia are few paramount factors driving the
  pneumonia therapeutics market. According to the
  national statistics UK, in 2013, five percent of
  deaths in England and Wales were occurred due to
  pneumonia and influenza. Lack of new drugs and
  improper diagnosis of pneumonia conditions are
  hampering the business growth.
• Growing number of drug compositions in the
  pipeline of major players such as Merck Co.s
  product MK-1986 which is in phase III of clinical
  trials should fuel business size. Moreover,
  soaring number of clinical trials to aggrandize
  the target patient base coupled with the current
  drug portfolio are few factors boosting the
  industry growth.

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Key Vendors of Pneumonia Therapeutics Market

• Key industry players include Pfizer,
  GlaxoSmithKline and Merck Co. Companies are
  focusing upon strategic alliances and innovative
  product launch to expand their business portfolio
  as main strategies.
• In January 2017, Merck Co. received the FDA
  approval of KEYTRUDA in Combination along with
  Chemotherapy for First-Line Treatment of
  Metastatic Non-Squamous Non-Small Cell Lung
  Cancer.

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Regional Analysis of Pneumonia Therapeutics
Market

• North America pneumonia therapeutic market
  reported the largest revenue in 2016,
• owing to escalating geriatric population, growing
  multidrug resistance in children and adults and
  several government initiatives envisioned with an
  aim to prevent and treat pneumonia are few
  preeminent factors impelling the business growth.
  
• For instance, the Integrated Global Action Plan
  for pneumonia and diarrhoea by the World Health
  Organization and UNICEF specifically aims at
  reducing preventable deaths.

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