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This Pediatric Drugs market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Pediatric Drugs report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses that the pediatric drugs market was valued at USD 117.20 billion in 2021 and is expected to reach USD 300.70 billion by 2029, registering a CAGR of 12.5% during the forecast period of 2022 to 2029.
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Market Overview:
In recent years, the pediatric drugs market is anticipated to grow rapidly during the forecast period. By 2020, 5.0 million children under the age of five are anticipated to die, according to the United Nations International Children's Emergency Fund (UNICEF) 2020 Report. This would equate to 13,800 children under the age of five dying every day by 2020. Preterm birth and intrapartum complications, as well as infectious illnesses including pneumonia, diarrhoea, and malaria, continue to be the major causes of death among children under the age of five around the world. As a result, deaths among children under the age of five necessitate prompt care.
Some of the major players operating in the Pediatric Drugs market are F. Hoffmann-La Roche Ltd. (Switzerland), Mylan N.V. (US), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), Pfizer Inc. (US), GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Zydus Cadila (India), AstraZeneca (UK), Johnson & Johnson (US), Bayer AG (Germany), Sun Pharmaceutical Industries Ltd. (India), Merck & Co., Inc. (US), Bristol-Myers Squibb Company (US), Eli Lilly and Company (US), Cipla Inc. (US), Mallinckrodt (US), Apotex Inc. (Canada), Hikma Pharmaceuticals PLC (UK), Endo International plc (Ireland) among others.
Global Pediatric Drugs Market Scope
The pediatric drugs market is segmented on the basis of drug type, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Drug Type
Allergy and Respiratory Drugs
Cancer Therapies
Anti-Infectives
Cardiovascular Drugs
Gastrointestinal Drugs
Central Nervous System Drugs
Hormone Drugs
Urological Drugs
Others