The global Fascioliasis Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.
This Fascioliasis market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.
Data Bridge Market Research analyses a growth rate in the global fascioliasis market in the forecast period 2022-2029.
Top Companies in the Global Fascioliasis Market:
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), among others.
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Market Segmentation:
The global fascioliasis market is segmented on the basis of treatment, route of administration, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Treatment
- Triclabendazole
- Nitazoxanide
- Others
Route of Administration
- Oral
- Parenteral
- Others
End User
- Hospitals
- Homecare
- Specialty Clinics
- Others
Distribution Channel
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
– North America (United States, Mexico & Canada)
– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Asia-Pacific has been witnessing a positive growth for global fascioliasis market throughout the forecasted period due to the high adoption of fascioliasis drugs, dependency on livestock as occupation and increased patient awareness level as well as high prevalence of leishmaniasis.
North America dominates the market due to the presence of refined healthcare infrastructure.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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Market Dynamics
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.
Opportunities
- Increased Clinical Trials and Development
The increasing clinical trials and drug developmental processes are creating much opportunities for the market growth. For instance, Triclabendazole is a benzimidazole compound used regularly in veterinary practice to treat fascioliasis. In 1997, after several clinical trials using triclabendazole to treat fascioliasis, the WHO recommended the drug be placed on the essential drugs list.Thus, these factors are essential for the market growth.
- Increasing Demand for Retail Pharmacies
The rise in the number of drugs for fascioliasis being delivered through retail pharmacies and the increase in the number of retail pharmacies in highly developed countries create opportunities for the market growth. Additionally, patients choose retail pharmacies for purchasing drugs, as these are easily accessible.
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