According to FutureWise analysis the market for Pediatric Respiratory Syncytial Virus Infection in 2023 is US$ 2.35 billion, and is expected to reach US$ 7.42 billion by 2031 at a CAGR of 15.40%.
A respiratory syncytial virus (RSV) is a common viral cause of respiratory infections. It infects the lungs and respiratory tract. The infection is common among adults who have symptoms similar to a mild cold, but it can be very serious for infants and the elderly. In infants, RSV is the most common cause of bronchiolitis and pneumonia. RSV infection affects only the respiratory tract. Through syncytia, the virus spreads from the lower respiratory tract to the respiratory system. RSV infection is very common. Almost all children get RSV infection by the age of 2 according to the Centers for Disease Control and Prevention (CDC). In addition, the respiratory syncytial virus spreads very quickly through coughing, sneezing, and touching infected surfaces. Infected infants have a recovery period of around a week or two; however, the virus remains in the body and can easily spread to another individual.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Pediatric Respiratory Syncytial Virus Infection Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Pediatric Respiratory Syncytial Virus Infection Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.