The global cough suppressant market is estimated to secure a valuation of USD 27,141.6 million in 2024, rising at a CAGR of 6.5% during the forecast period. The global market is likely to capture a valuation of USD 50,948.51 million by 2034.
Changing climates, dust, and dart inhaling may cause illnesses like sneezing, irritation, and dry cough increasing the cases of throat pain and sneezing in patients, raising the demand for cough suppressants to relieve pain. During monsoon season, due to the higher viability of bacteria causing cough and cold, the demand for cough suppressants for treating wet coughs increases, fueling the market growth.
The level of cough from days resulting in breathlessness and bloody phlegm widely increases the adoption of cough suppressants for patient outcomes. Rising oral disorders, throat dryness, and extreme stickiness are rising consumers' demand for suitable medicine, increasing the adoption of cough suppressants. The advancing respiratory illnesses due to the increasing old age population is also accelerating the demand for cough suppressants.
Data Points | Market Insights |
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Cough Suppressant Market Size (2024) | USD 27,141.6 million |
Anticipated Market Value (2034) | USD 50,948.51 million |
Value-based CAGR | 6.5% |
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Rising cases of respiratory diseases such as asthma and pneumonia are surging the adoption of cough suppressants among patients. These diseases more commonly affect children and adults in the long term, which bolsters the demand for cough suppressants for better cures. The increasing cases of chronic diseases and tuberculosis stimulate the adoption of cough suppressants, driving market opportunities.
Rapidly growing generic populations in the United States, Canada, and France face chest pain and related respiratory diseases, increasing the demand for cough suppressants. Improving clinical trials and vast medical infrastructure are raising the adoption of cough suppressants.
Several governments have introduced strict regulations on the sale of cough syrups due to their inappropriate properties, which are considered narcotic drugs that may slow down the growth of the global market. The unavailability of suitable medical and syrups due to supply chain disruptions may decline the cough syrup market growth. A lack of awareness of cough suppressants among patients is also expected to restrain the global market revenue. On the other hand, rising side effects of cough suppressants, such as dizziness, vomiting, and high blood pressure, limit their adoption and sales in the market.
Cough Suppressant Market Size (2023) | USD 25,561.3 million |
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Historical Market Value (2019) | USD 20,526.8 million |
HCAGR (2019 to 2023) | 5.2% |
The global cough suppressants market secured a valuation of USD 25,561.3 million in 2023. The market grew at a CAGR of 5.2% from 2019 to 2023. The market captured a valuation of USD 20,526.8 million in 2019. Rising coughing, fever, and pneumonia in developing countries such as India and China are rapidly increasing the demand for cough suppressants. The growing pharmaceutical sector and advanced healthcare services are significantly increasing the adoption of cough suppressants.
Key players are contributing to the innovation of new drugs for medicinal uses that enhance patients' conditions. They are adopting diverse methodologies for clinical trials of chronic cough and are advancing the market revenue. These players follow strict regulations and develop standardized medicine that satisfies patient outcomes. The rising demand for cough suppressants in European nations due to the rising number of chronic cough patients is expanding the cough syrup market size.
Countries/region | CAGR (2024 to 2034) |
---|---|
United States | 4.80% |
China | 6.90% |
Germany | 3.10% |
Japan | 2.70% |
India | 7.30% |
The United States is estimated to secure a CAGR of 4.80% during the forecast period. The widespread spread of cough and cold due to seasonal variations is raising the demand for remedies, accelerating the adoption of cough suppressants. The growing cases of bacterial infection of the throat are significantly increasing the demand for cough suppressants in the country.
Key players collaborate with medical researchers to develop cost-effective and cured solutions for patients in the United States. An increasing number of infants are getting highly affected by respiratory diseases due to cold weather and wavy cold air rapidly surging the United States cough suppressant market.
The market in China is anticipated to progress at a CAGR of 6.90% during the forecast period. Increasing respiratory tract diseases and infections are raising the demand for cough suppressants in China. People above 80 years old have more chances of getting ill from respiratory diseases such as pneumonia, which rapidly increases the adoption of cough suppressants.
Rising clinical and medical infrastructure are increasing the demand for cough suppressants in the country. Essential players are developing new formulas for effective medicine treatment and are expanding China's cough suppressant market.
The market in Germany is likely to secure a CAGR of 3.10% through 2034. Rapidly increasing over-the-counter and prescribed medicine services are fueling the demand for cough suppressants in the country. Key players are offering standardized and improved medicine products, leading to the expansion of Germany's cough suppressant market. Germany has a vast medical infrastructure that develops cost-effective and helpful medicine for their patients for quick relief, surging the demand for cough suppressants.
The market in Japan is anticipated to grow at a CAGR of 2.70% through 2034. Increasing cold, cough, and nasal issues are surging the demand for cough suppressants. Japan is rich in medical culture that offers better healing medicine for effective results, which is surging the adoption of cough suppressants. Key players are effortlessly playing a vital role in contributing maximum revenue that propels& Japan's cough suppressant market.
The market in India is anticipated to register a CAGR of 7.30% over the forecast period. Indian key companies are researching to innovate suitable medicines for cough, cold, and other respiratory diseases to cater to the rising consumer demand for cough suppressants. Increasing infrastructure and distribution channels has increased the availability of the product to more patients, boosting market sales.
The changing weather, airborne bacteria, and the virus outbreak are raising the adoption of cough suppressants in the country. Manufacturers are developing antibiotics and syrups to relieve chronic and dry cough patients, driving the Indian cough suppressant market.
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Top Type | Dry Cough |
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Market Share in 2024 | 7.2% |
Based on type, the dry cough segment is estimated to dominate the global market by securing a share of 7.2% in 2024. People are affected by cold due to harsh weather, increasing the demand for dry cough. Rising tickling and irritation due to infection in upper throat areas are increasing the adoption of dry cough remedies. Various medicines, nasal sprays, and cough syrups are available that improve patients' dry cough and drive the market growth.
Top Distribution Channel | Hospital |
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Market Share in 2024 | 8% |
The hospital segment is estimated to capture a share of 8% of the market by distribution channel in 2024. Increasing the demand for medicine, cough relief syrups, and other drugs is surging the adoption of cough suppressants among patients. The demand for cough suppressants is higher in hospitals due to the presence of diverse facilities, treatment availability, and vast infrastructure.
The global market is highly fragmented due to the presence of essential players that capture a vast share by investing in research and development activities. These players carry out new ideas to develop improved and unique products as per customer needs. These players are adopting strategic methodologies to boost their sales of syrups.
An increasing number of key players are widely investing in research for new ideas. They are developing standardized medicine approved by government authorities to cure diseases. Key players are distributing their products to diverse end users, such as pharmaceuticals, hospitals, and clinics, to gain higher revenue share.
Recent Developments in the Cough Suppressant Market
Attribute | Details |
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Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | USD billion for Value |
Key Regions Covered | North America; Latin America; Europe; South Asia; East Asia; Oceania; and Middle East & Africa |
Key Countries Covered | United States, Canada, Brazil, Mexico, Argentina, United Kingdom, Germany, Italy, Russia, Spain, France, BENELUX, India, Thailand, Indonesia, Malaysia, Japan, China, South Korea, Australia, New Zealand, Turkey, South Africa and North Africa |
Key Market Segments Covered | Type, Product Type, Drug Type, Foam, Distribution Channel, and Region |
Key Companies Profiled | Abbott Laboratories; Acella Pharmaceuticals, LLC; GlaxoSmithKline Plc; Johnson & Johnson services Inc.; Merck KGaA; Novartis International AG; Pfizer Inc.; Procter & Gamble; Reckitt Benckiser Group Plc.; Sanofi; Perrigo Company Plc; Vernalis Plc; Tris Pharma Inc.; Aytu BioScience; Mayne Pharma Inc.; Taro Pharmaceutical Industries Ltd.; Amneal Pharmaceuticals LLC; Aurobindo Pharma Ltd. |
Pricing | Available upon Request |
The global cough suppressant market is worth USD 27,141.6 million in 2024.
The United States, Russia, China, India and Russia are expected to drive demand for the global market.
The cough suppressant market is expected to register a 6.5% CAGR through 2034.
The market for cough suppressants expanded at a CAGR of 5.2% from 2019 to 2023.
India is expected to grow at a CAGR of 7.30% during the forecast period.
1. Executive Summary 2. Market Overview 3. Brand Mapping Analysis 4. Distribution Channel Wise Key Brand Positioning 5. Consumer Buying Behavior Analysis 6. Market Trends & Dynamics 7. Value Added Insights 8. Market Background 9. Global Market Demand Analysis 2019 to 2023 and Forecast, 2024 to 2034 10. Global Market - Pricing Analysis 11. Global Market Demand (in Value or Size in USD Million) Analysis 2019 to 2023 and Forecast, 2024 to 2034 12. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Type 12.1. Dry Cough 12.2. Wet Cough 13. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product 13.1. OTC 13.2. Prescription 14. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Drug Type 14.1. Dextromethorphan 14.2. Codeine 14.3. Noscapine 14.4. Levodropropizine 14.5. Others 15. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Form 15.1. Liquid 15.2. Solid 15.3. Spray 16. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Distribution Channel 16.1. Hospital 16.2. Retail Pharmacies 16.3. Drug Stores 16.4. Online Pharmacies 17. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region 17.1. North America 17.2. Latin America 17.3. Europe 17.4. South Asia 17.5. East Asia 17.6. Oceania 17.7. Middle East & Africa 18. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 19. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034 20. Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034 21. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 22. South Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034 23. Oceania Market Analysis 2019 to 2023 and Forecast 2024 to 2034 24. Middle East & Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034 25. Market Structure Analysis 26. Competition Analysis 26.1. Abbott Laboratories 26.2. Acella Pharmaceuticals, LLC 26.3. GlaxoSmithKline Plc 26.4. Johnson & Johnson services Inc. 26.5. Merck KGaA 26.6. Novartis International AG 26.7. Pfizer Inc. 26.8. Procter & Gamble 26.9. Reckitt Benckiser Group Plc. 26.10. Sanofi 26.11. Perrigo Company Plc 26.12. Vernalis Plc 26.13. Tris Pharma Inc. 26.14. Aytu BioScience 26.15. Mayne Pharma Inc. 26.16. Taro Pharmaceutical Industries Ltd. 26.17. AMillioneal Pharmaceuticals LLC 26.18. Aurobindo Pharma Ltd. 27. Assumptions and Acronyms Used 28. Research Methodology
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