Global Respiratory Distress Syndrome Treatment Market - Regional Analysis
On the basis of region, the global respiratory distress syndrome treatment market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America holds dominant position in the respiratory distress syndrome treatment market due to higher patient population and high mortality rate due to respiratory distress. For instance, according to U.S National Library of Medicine, In 2017 the incidence of respiratory distress syndrome in the U.S. was 78.9 in 100,000 person. Therefore, pharmaceutical companies are focusing on research and development to deal with the higher incidence in the region. For instance, in 2018, ONY Biotech applied for aerosolized infasurf treatment protocol to U.S Food Drug Administration, which is in pivotal trial currently.
Moreover, in Europe, according to National Library of Medicine, in 2017 the incidence of respiratory distress syndrome was 17.9 in 100,000 person population. After North America, Europe is the second region with highest mortality due to respiratory distress syndrome. Moreover, Europe is also affected negatively due to COVID-19 pandemic, as coronavirus infection is accompanied with respiratory distress symptoms in severe cases. Therefore, pharmaceutical companies are focusing on research and development to find efficient dose regime against SARS-COVID- acute respiratory distress syndrome. For instance, in May 2020 Chiesi Farmaceutici S.P.A started clinical trial on Curosurf for treatment of SARS-COVID- acute respiratory distress syndrome.
Furthermore, Asia Pacific is expected to witness significant growth in the respiratory distress syndrome treatment market. Asia Pacific region is less aware about respiratory distress syndrome but the prevalence of respiratory distress syndrome is moderate. According National Library of Medicine, in 2017 incidence of respiratory distress syndrome in Asia Pacific was 3.04 in 100,000 person. Therefore, pharmaceutical companies are focusing on research and development to achieve growth in the global respiratory distress syndrome market. For instance, in 2018, JW pharmaceuticals, a South Korean company, started marketing ‘infasurf’, which is a drug treatment used for neonatal respiratory distress syndrome.
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