Global Typhoid Treatment Market
The global market for Typhoid Treatment was valued at $xx Mn in 2019 and is expected to reach $xx Mn by 2027, at a CAGR of xx%.
Global Typhoid Treatment Market Introduction and Overview
Typhoid is the most common type of fever in rural and underdeveloped economies. According to WHO, typhoid is an endemic fever in Africa, Latin America, Oceania, and the Caribbean. WHO also states that 80% of the typhoid fever cases arise from countries of the APAC region such as India, China, Bangladesh, Nepal and Indonesia. In 2017, around 494 per 100,000 children of age group 5-15 years suffered from typhoid. The rising cases of typhoid in the APAC region are expected to grow the market size.
Increasing morbidity rates due to typhoid is a major concern. Various manufacturers and non-government organizations are creating awareness and promoting new studies related to the importance of early diagnosis, the innovation of new, potent vaccines to combat typhoid, thereby strengthening the market growth. Increasing vaccine production and the number of candidates in the phases of the clinical trial which are expected to be approved soon are encouraging stakeholders to invest more. Governments of various countries have come up with favorable policies for the treatment of typhoid which is helping patients financially. Also, vaccination and immunization campaigns have been started in respective countries which are propelling the market.
Antibiotics are the only effective treatment for typhoid. The commonly used are ciprofloxacin and ceftriaxone. If the bacteria are antibiotic-resistant, there is a need for surgery. Vaccines and antibiotics can be administered in the oral as well as injectable form. The increase in approval of more medications is helping the market grow northwards.
The report provides a detailed analysis of the Typhoid Treatment market. It includes the recent advances, applications, and ongoing trends globally. Funding for treatments, partnerships between key players, revenue forecasts of companies is also provided in detail in the report. The report also provides information on application areas to help investors invest rightly.
The report has profiled five key players
in the market from different regions. However, the report has
considered all market leaders, followers, and new entrants with
investors while analyzing the market and estimation the size of the
same. The growing healthcare infrastructure in each region is different
and focus is given on availability of advanced technology and new
techniques.
Global Typhoid Treatment Market Segment Analysis
The medication segment held a share of $xx Mn in 2019 and is expected to grow at a rate of xx% in the forecast period. Antibiotics are the most preferred medications for typhoid treatment.
Global Typhoid Treatment Market
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Chloramphenicol
has been the drug of choice for typhoid fever for more than 40 years
globally, where S.typhi remains susceptible to the drug. However,
multiple drug resistance (MDR) to ampicillin, chloramphenicol, and
trimethoprim-sulphamethoxazole in S.typhi has emerged in many countries.
A number of drug candidates are under clinical trials and are expected
to be approved soon by the FDA, which is expected to drive the market
high. These medications have fewer or no side effects and hence have
high demand. Cephalosporins, ceftriaxone, and cefixime are useful
against MDR typhoid fever and are administered intravenously.
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Global Typhoid Treatment Market Segmentation
The Typhoid Treatment Market is segmented based on-
Medications
• Antibiotics
Chloramphenicol
Ciprofloxacin
Ceftriaxone
Ampicillin
Trimethoprim-sulfamethoxazole
• Vaccines
Inactivated(Killed) vaccine
Live attenuated (weakened) vaccine
Supportive Therapy
• Intravenous Fluids(IV)
• Intravenous Electrolyte Fluids
Global Typhoid Treatment Market Regional Insights
Global Typhoid Treatment Market1
North America dominated the Typhoid treatment Market in 2019 with a share of xx.x%. Growing research activities, advanced treatment techniques, favorable reimbursement policies, development of novel products are the multiple factors boosting the growth of the market in this region. Moreover, the efforts of key players in developing new and efficient drug pipelines is boosted the regional demand for the market.
The
Asia Pacific is expected to witness growth in the forecast period. Owing
to the increasing population and rising typhoid cases, growing
healthcare facilities in developing nations, and advanced treatment
options, the market in this region is anticipated to grow. Moreover,
increasing medical tourism in the region is expected to drive the
market.
Key Players in the Global Typhoid Treatment Market
• GlaxoSmithKline
• Bharat Biotech
• Bayer
• Sanofi S.A
• Pfizer
The report also helps in understanding Global Typhoid Treatment Market dynamics, structure by analysing the market segments and project the Global Typhoid Treatment Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Typhoid Treatment Market make the report investor’s guide.
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