Necrotizing Fasciitis Market is Growing at a Speedy CAGR of 6.2% During Forecast 2017-2023


Necrotizing Fasciitis Market – Insights
The Global Necrotizing Fasciitis Market is expected to grow at a CAGR of 6.2% during the forecasted period.
The Global Necrotizing Fasciitis Market is expecting a steady growth during the forecasted period. Necrotizing fasciitis is a bacterial infection that affects tissue beneath the skin, surrounding muscles, and organs. Growing geriatric population, increasing prevalence of infectious diseases and technological advancement in surgery has driven the market growth. Moreover, increasing healthcare expenditure, and rising demand for the better treatment has fueled the growth of the market. However, lack of awareness about the disease in developing economies and poor reimbursement policies in developed countries may slow the growth of this market. 
Necrotizing Fasciitis Market - Key Players
·         Merck & Co. (U.S.)
·         WOCKHARDT (India)
·         Atox Bio (Israel)
·         Teva Pharmaceutical Industries (Israel)
·         Basilea Pharmaceutica Ltd. (Switzerland)
·         MELINTA THERAPEUTICS, INC. (U.S.)
Necrotizing Fasciitis Market - Segmentation
·         The Global Necrotizing Fasciitis Market is segmented on the basis of pathogen, types, treatment, and end users.
·         On the basis of the type, the market is categorized into Type I, Type II, Type III and others.
·         On the basis of the treatment, the market is segmented into intravenous antibiotics, surgery, hyperbaric oxygen treatment, and others.
·         On the basis of the end users, the market is segmented into hospitals & clinics, surgical centers, and others.
Necrotizing Fasciitis Market - Regional Analysis
The Americas dominate the global Necrotizing Fasciitis Market owing to the presence of population suffering from bacterial infection and increasing number of surgical procedures in the hospitals. America is further segmented into North America and South America. North America holds the largest market owing to extensive use of advanced technology and developed pharmaceutical sector.
Europe accounts for the second largest market due to increasing funds, government support and increasing healthcare expenditure. Germany, France, and the U.K hold a significant share in the market owing to increasing demand of technologically advanced devices for the surgical procedures and overall growth of medical device industry.
Asia Pacific is the fastest growing market for the necrotizing fasciitis, whose growth is attributed to rising geriatric population, increasing prevalence of people suffering from bacterial infections and rapidly developing economies. Additionally, increasing healthcare expenditure and demand for new treatment options for rare diseases fuel the market growth. India and China are the major contributors to the market growth due to the rapid development of healthcare sector in these regions and increasing demand for diagnostic services.
On the other hand, the Middle East & Africa is expected witness limited growth due to limited access to the healthcare resources and lack of awareness about rare diseases. In the Middle East, the growth of the Necrotizing Fasciitis Market is driven by increasing availability new diagnostic and treatment methods for various chronic and acute bacterial infections.

Comments

Post a Comment

Popular posts from this blog

Proteomics Market Analysis, Demand Overview, Growth Analysis, Current Trends, Updates, and Global Industry Forecast to 2023

Market Highlights: The global proteomics market is anticipated to hold a market value of USD 23.2 billion in the year 2017 and is expected to grow at a CAGR of 14.1% during the forecast period. Proteomics is a science which is used to estimate the rate of protein production, interaction of proteins with one another, involvement of proteins in metabolic pathways, and modification of proteins. Also, it has extensive applications in drug discovery, development of personalized medicines, and identification of markers for disease diagnosis. Increasing need for personalized medicine, R&D expenditure, technological advancements and increased funding for proteomics project are expected to drive the market growth over the forecast period. For instance, in July 2017, Biognosys AG received USD 5 million funding from its new as well as existing investors. These new funds will be used for extending commercial operations and also to accelerate the development of next generation prote...
Read more

Pancreatic Cancer Market: America to Command the Largest Share

Market Overview: Pancreatic cancer can be defined as an enlarged tumor, which is generally caused by malignant cells present in the tissues of the pancreas. This type of cancer is generally caused due to drinking alcohol, smoking, genetic factors, radiotherapy in the past, obesity, inflammation of the pancreas, and diabetes mellitus. It is a type of cancer that starts in the pancreas and is a highly lethal disease. The global Pancreatic Cancer Market , as per a report by Market Research Future (MRFR) is touted to register 8.1% CAGR during the forecast period ( 2017-2023 ). The dearth of therapeutic approaches for early-stage detection has resulted in increased incidences of pancreatic cancer. Soaring prevalence of pancreatic cancer has resulted in germline mutations, thereby causing the defective genes to pass down to the children from their parents, thus making early detection of pancreatic cancer important. This has led to the growth of the market across the globe. Surging dem...
Read more

Immune Thrombocytopenia (ITP) Market is Estimated to Record Promising CAGR of 5.78% During Forecast 2018-2023

Market Highlights: As per the latest report published by Market Research Future (MRFR), the Global Immune Thrombocytopenia (ITP) is set to surpass a valuation of USD 2,300 Mn by the year 2023, reflecting a healthy CAGR. ITP is a blood related disorder that cause abnormal clotting. Some of the discomforts caused by the disease include bruising, bleeding and severe drop in platelets counts. Both minors and adults can develop the condition. The disease is classified into primary and secondary form. Primary form of ITP occurs on its own while the latter is an offshoot of another condition. The condition can be triggered by reactive medications, autoimmune disease, pregnancy and certain type of cancers. ITP is among the most commonly occurring disorder across the globe. In addition, the incidence rate has continued to spiral upwards in recent years. Factors as such as are fueling the demand for drugs and therapeutics for ITP. Currently, there are four treatment options available for ...
Read more