The global market for cough expectorant is expected to grow at a significant CAGR during the forecast period (2021-2027). Expectorants are medicinal substances that aid in the removal of mucus from the lungs, bronchi, and trachea. They work by improving mucus outflow from the lungs by thinning the mucus, as well as reducing respiratory tract irritation through the lubrication phenomenon. They also aid in the relief of chest congestion brought on by colds, allergies, and the flu.
Cough is the most common illness in the world, according to the World Health Organization. Reformulated medicines with improvised carriers or combinatorial treatments make up the majority of the new products. The market for expectorants is being driven by an increase in occurrences of dry cough, which causes dryness in the throat. However, the market for expectorants will be strengthened by the availability of economical OTC expectorants and the growing frequency of respiratory illnesses.
The rise in respiratory diseases is driving the global cough expectorant market growth. In addition, the growing elderly population and severe air pollution are propelling the need for cough expectorant. In addition, the market is projected to benefit from significant market potential in underdeveloped emerging nations, which will create attractive growth opportunities.
Furthermore, leading manufacturers are concentrating on developing cough syrup with various flavors and ease of administration for oral usage. Majority of the pediatric population is affected by the rising illness burden, since they have a lower degree of immunity than adults. Liquid dose formulations are preferred by the majority of pediatric patients. Cough expectorant demand is rising due to the availability of regularly monitored formulations, technical advancements in the field of medication delivery systems, and increased patient knowledge.
Vivimed Labs, a niche Specialty Chemicals and Pharmaceuticals company, received approval from CDSCO in November 2020 for Asko Expectorant, a combination therapy of Bromhexine HCI, Guaifenesin, and Menthol Expectorant to treat or prevent bronchospasm in patients with asthma, bronchitis, emphysema, and other lung diseases.
Market Coverage
o By Type – Drug, OTC, Herbal
o By Route of Administration – Oral, Inhalational
o By End – User – Hospitals, SpecialityClinics
Key questions addressed by the report
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
Cough Expectorant Market Report
By Type
By Route of Administration
By End – User
By Region
North America
Europe
Asia-Pacific
Rest of the World