Diphtheria Treatment Market Overview, Trend Analytics, Global Share and Forecast to 2023
Market Analysis:
The Global Diphtheria Treatment Market is developing at a slow
pace and this can be linked to factors such as the vaccine’s high efficiency
and effectiveness, side effects resulting from the vaccine like allergies and
type A immune reaction, falling profitability in the manufacture of vaccines
and variability in the vaccines efficacy. Financial restraints like a fall in
the ROI (returns on investment) along with the resultant exit of players from
the vaccine manufacture is likely to affect the growth of diphtheria vaccines
in the future. Taking all these factors into consideration, the Global Diphtheria
Treatment Market is
anticipated to touch USD 5 billion towards the end of 2023. The Diphtheria
Treatment Market Size is projected to grow vigorously at 3.2% CAGR
during the forecast period 2018-2023.
Diphtheria is a severe bacterial infection which affects the
mucous membranes both of the nose and throat. It is caused by Corynebacterium
diphtheria which is a bacterium which results in fever and severe sore throat
leading to barking cough and narrowing of the air passages. This bacterial
infection is also likely to affect the genitals, eyes and skin thereby causing
kidney problems, bleeding and myocarditis. It is a type of infection that is
spread among humans only and can be contagious through direct physical contact
with infected skin lesions, secretions from the throat or nose like saliva and
mucus, droplets breathed out in the air and objects like clothes or bedding
that has been used by the infected person. The common symptoms of diphtheria
include fast heart rate, nasal discharge, weakness, fever and swollen glands.
This bacterial infection can easily spread to any person who is immunized
against it.
Key Players:
·
Chiron Pharmaceuticals Pvt
Ltd
·
Wyeth
·
Serum Institute of India
·
Wuhan Institute of Biological
Products
·
Shanghai Institute of
Biological Poducts
·
Merck and Co
·
Sanofi-Pasteur
·
GSK
·
Bharat Pharmaceuticals
·
Taj Pharmaceuticals Limited
Market
Segmentation:
·
Market Research Future report
provides a comprehensive segmental analysis of the global diphtheria treatment
market on the basis of product type, treatment and end users.
·
Based on the product type, it
is segmented into Diphtheria Toxoid and Pertussis (DTaP), Tetanus-diphtheria
(Td), Tetanus Toxoid (TT) and Tetanus Immune Globulin (TIG).
·
Based on the treatment, it is
segmented into antibiotics, macrolides, antitoxin and others.
·
Based on end users, the
diphtheria treatment market is segmented into academics and research, clinics,
hospitals and others.
Regional Analysis:
Based on region, the diphtheria treatment market is
segmented into US, Europe, Asia Pacific and the Middle East and Africa. US has
the largest market share and this can be linked to the factors such as higher
healthcare expenditure and promising reimbursement scenario. Also, the quick
market uptake here with regards to new technology is another reason behind the
growth of this market here. US is followed by Europe which holds the second
place owing to rising awareness and huge disposable income. The fastest region
however is the Asia Pacific due to the huge unmet needs that is led by India
and China. The market in the Middle East and Africa is led by UAE and Saudi
Arabia. Africa is the poor region that is likely to be laggard because of inferior
healthcare penetration and poor political and economic conditions. Asia Pacific
is anticipated in overtaking the developed regions in the future.
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