Neonatal Respiratory Distress Syndrome Treatment Market-Regional Analysis.
Among regions, the global respiratory distress syndrome treatment market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. In North America, U.S. holds a dominant position in the neonatal respiratory distress syndrome treatment market due to higher prevalence of neonatal respiratory distress syndrome in the country. According to the U.S National Library of Medicine, In 2014 to 2016 around 12% of the babies born in the U.S. Are suffering from neonatal respiratory distress syndrome. Pharmaceutical companies are focusing on strategies such as mergers and acquisitions due to high growth opportunities in the neonatal distress syndrome market. For instance, in 2018, Windtree Therapeutics and CVie Therapeutics announced their merger which was named Windtree Therapeutics. Through this merger, under the name of Windtree Therapeutics, will be fully integrated and diversified acute care company with four mid late clinical stage products including Aerosurf.
Moreover, the market in Europe is expected to witness significant growth due to the increasing awareness about neonatal respiratory distress syndrome. Pharmaceutical companies are focusing on research and development activities which is favouring growth of the neonatal respiratory distress syndrome market. For instance, in 2017, Chiesi Farmaceutici S.p.A sponsored Saint Mary hospital research unit to carry out the 'CURONEB' study which involved investigation of safety, tolerability and efficiency of inhaled nebulized Curosurf used in the treatment of neonatal respiratory distress syndrome.
Furthermore, Asia Pacific is expected to have significant growth, as well as advancements in medical devices which are supporting the growth of the market in this region. For instance, in 2019, InnAccel Technologies Pvt Ltd. (India) launched SAANS: portable neonatal CPAP device for infants with respiratory distress syndrome. SAANS is the only CPAP device with multiple power options, including a patented manual mode.
Neonatal Respiratory Distress Syndrome Treatment Market Report Snapshots
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