Nicotine Replacement Therapy (NRT) Market 2020 Global Analysis, Industry Insights, Regional Overview, Development Status, Revenue, Share, Size Outlook by 2027
The global ' nicotine replacement therapy market ' is expected to gain momentum by exhibiting a CAGR of 4.2% between 2020 and 2027. This is attributable to increasing incidence of chronic disease such as lung cancer, strokes, and respiratory ailments. Additionally, introduction of innovative products by major companies will favor market growth. This information is published by Fortune Business Insights, in its latest report, titled, “Nicotine Replacement Therapy (NRT) Market Size, Share &COVID-19 Impact Analysis, By Type (Gums, Patches, Lozenges, Inhalers, and Others), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and Regional Forecast, 2020-2027.”The report further observes that the market was valued at USD 2.55 billion in 2019 and is projected to reach USD 3.54 billion by 2027. An Overview of the Impact of COVID-19 on this Market : The emergence of COVID-19 has brought the world to a standstill. We understand that this health cri