The 7 major severe acute respiratory syndrome coronavirus infection markets reached a value of US$ 21.4 Billion in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 68.5 Billion by 2034, exhibiting a growth rate (CAGR) of 11.14% during 2024-2034.
Report Attribute
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Key Statistics
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Base Year |
2023
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Forecast Years | 2024-2034 |
Historical Years |
2018-2023
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Market Size in 2023
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US$ 21.4 Billion |
Market Forecast in 2034
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US$ 68.5 Billion |
Market Growth Rate (2024-2034)
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11.14% |
The severe acute respiratory syndrome coronavirus infection market has been comprehensively analyzed in IMARC's new report titled "Severe Acute Respiratory Syndrome Coronavirus Infection Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Severe acute respiratory syndrome coronavirus infection, commonly known as SARS-CoV, is a viral pulmonary illness caused by the SARS coronavirus. The primary transmission mode of this ailment is through respiratory droplets when an infected individual sneezes or coughs. It can also spread by contacting surfaces contaminated with the virus and then touching the face. The common symptoms of the disorder include high fever, cough, shortness of breath, difficulty breathing, chills, body aches, headaches, diarrhea, nausea, vomiting, etc. In severe cases, individuals suffering from this disease may also experience pneumonia, respiratory distress, hypoxemia, or multiple organ failure. The diagnosis of SARS-CoV infection typically requires a combination of clinical presentation, medical history review, and a physical examination. Polymerase chain reaction testing is also used to detect the genetic material (RNA) of the virus in respiratory samples, such as nasal swabs, throat swabs, or sputum. The healthcare provider may further conduct chest X-rays and computed tomography scans to assess lung involvement and identify any characteristic patterns associated with the disease, like ground-glass opacities or consolidation.
The increasing prevalence of viral shedding through respiratory droplets when an infected individual sneezes, coughs, talks, or breathes heavily in close proximity to others is primarily driving the severe acute respiratory syndrome coronavirus infection market. In addition to this, the expanding geriatric population, who have weakened immunity, along with pre-existing health conditions like cardiovascular disease and diabetes, is also creating a positive outlook for the market. Moreover, the widespread adoption of immunomodulatory therapies, including intravenous immunoglobulin (IVIG) and monoclonal antibodies, to modulate the production and activity of pro-inflammatory cytokines is further bolstering the market growth. Apart from this, the inflating application of respiratory physiotherapy, since it involves techniques that help in clearing secretions from the lungs, improving pulmonary function, and promoting better breathing in patients is acting as another significant growth-inducing factor. Additionally, the emerging popularity of extracorporeal membrane oxygenation procedures, which provide circulatory support by ensuring adequate blood flow to vital organs, is expected to drive the severe acute respiratory syndrome coronavirus infection market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the severe acute respiratory syndrome coronavirus infection market in the United States, EU4 (Germany, Spain, Italy, and France), United Kingdom, and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report, the United States has the largest patient pool for severe acute respiratory syndrome coronavirus infection and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario, unmet medical needs, etc., have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the severe acute respiratory syndrome coronavirus infection market in any manner.
Spikevax is a vaccination designed to prevent coronavirus disease 2019 (COVID-19) in people as young as six months old. The original Spikevax comprises elasomeran, a molecule known as messenger RNA (mRNA) containing instructions for creating a protein from the original strain of SARS-CoV-2, the virus that causes COVID-19.
SNG001 is a recombinant interferon (IFN)-β1a formulation administered to the lungs by a nebulizer. IFN-β is a naturally occurring protein that stimulates host immune responses against most viruses, including severe acute respiratory syndrome coronavirus.
NA-831 is a tiny pharmacological molecule with neuroprotective properties, which means it can prevent or reduce disease development by halting or decreasing neuronal death. The medication also has neurogenesis and cognitive protective characteristics across a variety of illness types. NA-831 is in Phase 2/3 clinical trials with FDA-approved antiviral medicines Atazanavir and Dexamethasone to treat Covid-19.
Time Period of the Study
Countries Covered
Analysis Covered Across Each Country
This report also provides a detailed analysis of the current severe acute respiratory syndrome coronavirus infection marketed drugs and late-stage pipeline drugs.
In-Market Drugs
Late-Stage Pipeline Drugs
Drugs | Company Name |
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Spikevax (Elasomeran) | Moderna Therapeutics |
Comirnaty (Tozinameran) | BioNTech/Pfizer |
Paxlovid (Nirmatrelvir + ritonavir) | Pfizer |
TAK-019 | Takeda |
MBSCOV | Oneness Biotech |
SNG001 | Synairgen |
NA 831 | NeuroActiva |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Market Insights
Epidemiology Insights
Severe Acute Respiratory Syndrome Coronavirus Infection: Current Treatment Scenario, Marketed Drugs and Emerging Therapies