ID: MRFR/Pharma/2540-HCR | 110 Pages | Published By Rahul Gotadki on March 2023
Market Synopsis of Diphtheria Treatment Market:
The Diphtheria Treatment Market is expected to reach USD 6,634.3 Million by 2030 at 4.9% CAGR during the forecast period 2022-2030
Diphtheria is an infectious disease caused by the bacterium Corynebacterium diphtheria causing severe sore throat and fever leading to narrowing of the air passages and barking cough. Diphtheria may also affect the skin, eyes, or genitals and may cause myocarditis, bleeding and kidney problems.
The diphtheria treatment market is growing at a slow rate due to high effectiveness and efficiency of the vaccine, falling profitability of vaccine manufacture, side effects associated with vaccines such as type A immune reaction and allergies, variability in the efficacy of vaccines. Financial restraints such as falling returns on investment and the resultant exit of a number of players from vaccine manufacture will affect the future growth of vaccines.
Study objectives:
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Key players of Diphtheria treatment Market:
Key players profiled in the report are Taj Pharmaceuticals Limited, Bharat Pharmaceuticals, GSK, Sanofi-Pasteur, Merck & Co., Shanghai Institute of Biological Products, Wuhan Institute of Biological Products, Serum Institute of India, Wyeth, Chiron Pharmaceutical Pvt Ltd. and others.
Segments:
The diphtheria treatment market is segmented on the basis of product type and end users. Based on product type, the market has been segmented as Tetanus Immune Globulin (TIG), Tetanus Toxoid (TT), Tetanus-diphtheria (Td), Diphtheria Toxoid and Pertussis (DTaP). Based on the treatment, the market has been segmented as antitoxin, antibiotics, macrolides and others. Based on the end users, the market has been segmented as hospitals and clinics, academics and research, and others.
Figure 1Â Â Â Â Â Diphtheria treatment Market by End Users, 2016 (% Market Share)
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Regional analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. The faster market uptake of new technology in the US is also an important driver of the market for diphtheria treatment. Europe is the second largest market due to large disposable income and rising awareness. Asia Pacific region is the fastest region because of large unmet needs which is led by China and India. The Middle East & Africa market is led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions and poor healthcare penetration. Asia Pacific region is expected to overtake the developed regions in the near future. The report for Diphtheria treatment Market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.
Intended Audience
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