Growing Demand For Tamper-Resistant Pseudoephedrine (PSE) Products

Posted by ananth on January 21st, 2019

The global respiratory drugs market, a part of the healthcare industry, grew at a compound annual growth rate (CAGR) of around 6% during the historic period. The healthcare industry showed a steady growth. The growth is mainly due to the increase in demand for drugs for respiratory diseases as a result of rise air pollution levels around the world. According to WHO, 98% of cities in low and middle income countries do not meet air quality standards.

In the forecast period, the global respiratory drugs market size is expected to be over billion by 2021, growing at a CAGR of nearly 7%.

This is expected due to the rise in global air pollution levels will lead to higher number of respiratory diseases thus driving the respiratory drugs market. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global respiratory drugs market in the future. 

Find TBRC’s report on the respiratory drugs market: https://www.thebusinessresearchcompany.com/report/respiratory-diseases-drugs-global-market-report-2018

The demand for PSE-containing cold, allergy, and sinus products is growing due to their effectiveness and convenience. PSE is an active ingredient found in various cold, allergy, and sinus drugs that can provide congestion relief. However, PSE-containing medicines are mostly sold as a prescription drug, as PSE can also be used for the illegal manufacture of methamphetamine, a recreational drug.

Major companies in the respiratory drugs market, offering PSE technology include GlaxosmithKline Plc., AstraZeneca Plc. And Merck & Co.

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