RESPIRATORY DISTRESS SYNDROME TREATMENT MARKET ANALYSIS

Market Challenges And Opportunities

Global Respiratory Distress Syndrome Treatment Market - Drivers

There has been significant developments in the field of healthcare, which have created opportunities for respiratory distress syndrome market in the past decade. In 2015, the World Health Organization (WHO) recommended surfactant replacement therapy for neonatal respiratory distress syndrome as an efficient treatment. According to National Organization of Rare Disease, respiratory distress syndrome can affect people of any age suffering from lung injury, Globally 306 persons are affected in 100,000 persons among age 75 – 80, Thus, rising prevalence of RDS with high mortality has boosted the market growth. Therefore, pharmaceutical companies are focusing on mergers and acquisitions which is expected to support global respiratory distress syndrome treatment market growth. For instance, in March 2020, Windtree Therapeutics, a biotechnological and medical device company, signed an agreement with Lee’s Pharmaceutical, in which Lee’s Pharmaceutical will provide project financing for AEROSURF, a lead product of Windtree Pharmaceutics.

Global Respiratory Distress Syndrome Treatment Market-Impact of COVID-19

The COVID-19 pandemic is closely associated with symptoms of respiratory distress syndrome. As patients suffering from respiratory distress are at severe risk of COVID-19 infection, doctors have to take efforts to classify patients according to their severity to treat them with ventilatory management or surfactant therapy. Therefore, due to this pandemic, there is significant increase in use of respiratory distress treatments such as surfactant therapy, oxygen therapy, and ventilation support for patients with severe symptoms of COVID-19. Thus, there is positive impact on respiratory distress syndrome treatment market due to this pandemic.

Global Respiratory Distress Syndrome Treatment Market - Restraints

Surfactant therapy is a treatment for respiratory distress, which has short term risks in patients such as bradycardia, hypoxemia during instillation, and may cause blockage in endotracheal tube. Moreover, surfactant used in therapy has very low microbiological stability. Furthermore, in oxygen therapy, patient discomfort is prominently observed and also higher cost of ventilation therapy is an out of pocket expense in middle economic countries. These factors are expected to restrain the global respiratory distress syndrome treatment market growth.