Diphtheria Treatment Market Estimated to Witness a Staggering Growth of USD 5 Billion With 3.2% of CAGR By 2023

November 01 17:16 2017

Diphtheria Treatment Market
Diphtheria treatment market information: by product type (Tetanus immune globulin, Tetanus toxoid) by treatment, by end users – Global Forecast to 2023

Market Research Future adds new report of “Diphtheria Treatment Market Research Report- Global Forecast till 2023” it contains Company information, geographical data and Table of Content

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.

Competitive Analysis:

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.

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Market Segments:

The global 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.

Market Highlight:

The global 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.

Considering all these factors the market for diphtheria treatment is expected to reach $ 5 billion by the end of 2023, this market is projected to be growing at a CAGR of ~ 3.2 % during 2017-2023.

Study objectives:

To provide a detailed analysis of the market structure along with estimated future growth forecast for the next six years about various segments and sub-segments of the global diphtheria treatment market. To provide insights about factors affecting the market growth. To analyze the global diphtheria treatment market based on various factors – Price Analysis, Supply Chain analysis, Porters Five Force analysis etc. To provide country level analysis of the market with respect to the current market size and future growth prospects. To provide country level analysis of the market which includes segmentation by product type, treatment and end users.

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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 global 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.

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