Ancylostomiasis Treatment Market Regional Analysis by 2028
Ancylostomiasis treatment market is expected to gain market growth in the forecast period of 2021-2028. Data Bridge Market Research analyses the market to account to grow at a CAGR of 4.20% in the above mentioned forecast period.
Ancylostomiasis is a rare parasitic disease which is caused due to the Ancylostoma hookworms. These worm larvae transmitted to the human body when the broken skin on the feet comes in the contact with the contaminated soil. They travel via bloodstream to the lungs and intestine and begin to multiply. Ancylostomiasis is also called hookworm infection. The symptoms of this condition include abdominal pain, anaemia, diarrhea, dyspepsia, intestinal bleeding, eosinophilia and malnutrition.
Rise in the prevalence of ancylostomiasis, growing healthcare expenditure, medical advancement, poor hygiene, growing government funding, rising initiatives by government and private organisations to spread awareness about the rare disease and its preventive measures are the factors that will expand the ancylostomiasis treatment market.
Rise in the research and development activities and ongoing clinical trials markets will provide beneficial opportunities for the ancylostomiasis treatment market in the forecast period of 2021-2028.
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However, high cost of treatment and side effects associated with the drugs are the factors that will hinder the market growth. Lack of awareness related to the preventive measures of ancylostomiasis will challenge the ancylostomiasis treatment market in the forecast period mentioned above.
North America dominates the ancylostomiasis treatment market due to the presence of major key players, growing investment for R&D activities and well-developed healthcare sector in this region. Asia-Pacific is expected to grow during the forecast period of 2021-2028 due to the increasing research and development activities, rising investment in the healthcare infrastructure and growing disposable income.
The major players covered in the ancylostomiasis treatment market report are Cipla Inc., Johnson & Johnson Private Limited, Mankind Pharma, Sun Pharmaceutical Industries Ltd., Merck KGaA, Amneal Pharmaceuticals LLC., Boehringer Ingelheim International GmbH., Zoetis, Merck Sharp & Dohme Corp., Pfizer Inc., GlaxoSmithKline plc, Novartis AG, Bayer AG, SeQuent, Lasa Supergenerics Ltd., K.A.Malle Pharmaceuticals, LEO BIO-CARE PVT. LTD., Salius Pharma Private Limited., Fredun Group, Hubei Zhongjia-Chem Pharmaceutical Co., Ltd., Ashish Life Science, AdvaCare Pharma, among other domestic and global players.
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