Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Fascioliasis Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.
Key components of the Fascioliasis report encompass a thorough examination of market drivers and restraints, an in-depth exploration of key industry players, meticulous market segmentation analysis, and a competitive assessment of prominent market participants. Employing efficient and advanced methodologies, the Fascioliasis market research report incorporates essential tools such as SWOT analysis and Porter's Five Forces Analysis. It delves deep into market scrutiny, aiding in revenue estimation, return on investment (ROI) calculation, and the formulation of effective business strategies. Furthermore, the report delves into the global market share of major competitors, with a geographical focus on regions including Europe, North America, Asia Pacific, and South America, offering a comprehensive perspective in this invaluable market research report."
Data Bridge Market Research analyses a growth rate in the global fascioliasis market in the forecast period 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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The global fascioliasis market is expected to witness significant growth during the forecast period. According to the WHO, fascioliasis has been witnessed in more than 75 nations worldwide with the widespread infected global population of 2.4 million. The most affected areas include South America, East-Asia, and South-east Asia. Compromised hygiene and sanitation are the major reasons for the infections. The symptoms of this disease are primarily visible at 9-11 weeks of the onset of infections. The diagnosis includes eosinophil count, computer tomography scans and ultrasound. COVID-19 also had a major impact on the market growth.
Key Growth Drivers:
- Government Initiatives
The government has numerous supportive schemes along with WHO to increase awareness of treatments, subsidized medicines and reimbursement policies. Government has active funding aids and programs to boost the merging drug manufacturers for fascioliasis treatment. This boosts the market growth.
- High Prevalence of Liver Fluke Infection
According to the Centers for Disease Control and Prevention (CDC), fascioliasis occurs in many areas of the world. Furthermore, fascioliasis is more prevalent in animals than in people. The number of infected people is thought to exceed two million worldwide. In addition, according to the study published in The American Journal of Tropical Medicine and Hygiene, the occurrence of 2.6 million infected and 91 million at risk of developing an infection, worldwide. This boosts the market growth.
The report outlines the involvement of key players, including:
Emcure Pharmaceuticals Limited. (India), Cipla Inc. (U.S.), Bausch Health Companies Inc. (Canada), Johnson & Johnson Private Limited (U.S.), Mylan N.V. (U.S.), Sun Pharmaceutical Industries Limited(India), Aurobindo Pharma (India), Abbvie Inc (U.S.), Melinta Therapeutics, llc (U.S.), Janssen Global Services, LLC (U.S.), Norbrook (U.K.), Procyon Life Sciences (India)
Key Market Segmentation
Treatment (Triclabendazole, Nitazoxanide, Others), End-Users (Hospitals, Homecare, Specialty Clinics, Others), Distribution Channel (Hospital Pharmacy, Online Pharmacy, Retail Pharmacy)
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