Dextromethorphan Market Share

North American Market Forecast   

North America industry is likely to dominate majority revenue share by 2037.The growth of the market can be attributed majorly to the increasing cases of bronchitis and bronchial asthma in the region. According to the data from the Centers for Disease Control and Prevention (CDC), 46.3 individuals out of every 100,000 population die due to chronic lower respiratory diseases in the U.S. Furthermore, as per a research paper by the National Library of Medicine, it is estimated that 5% of the population of North America reports an episode of acute bronchitis every year, accounting for more than 10 million hospital visits. Further, the presence of a strong healthcare network in the region, along with the availability of supportive policies by the regulatory bodies are also anticipated to contribute to market growth in the region. In addition, the region's expanding healthcare industry and rising healthcare expenditure are also anticipated to expand the size of the market during the forecast period.

APAC Market Statistics

On the other hand, the market in the Asia Pacific region is estimated to witness noteworthy growth over the forecast period on the back of increasing cases of asthma, bronchitis, and cough along with the rising geriatric population in the region. Also, the high level of pollution and recent urbanization are other factors that are anticipated to fuel revenue generation of the market in the region in the upcoming years.