Research Nester published a report titled “Post-polio Syndrome Treatment Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global post-polio syndrome treatment market in terms of market segmentation by symptoms, treatment, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global post-polio syndrome treatment market is anticipated to attain a modest CAGR over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of treatment into medication, physical therapy, and others, out of which, the medication segment is projected to hold the largest share in the market over the forecast period. This can be attributed to the increasing use of medicines to curb the symptoms of post-polio syndrome, including muscle and join pain, swallowing and breathing difficulties, sleep apnea and others. Since there is no permanent cure for this syndrome, the patients take medications for the rest of their lives, which is estimated to boost the segment growth.
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The global post-polio syndrome treatment market is estimated to grow on the back of prevalence of polio cases and the severity of the symptoms of post-polio syndrome, along with the absence of any permanent cure for this syndrome. The symptoms of post-polio syndrome are seen 30 to 40 years after the infection, which is further estimated to raise the demand for its treatment. Moreover, growing research for developing new and effective drugs is another major growth factor for the market.
On the basis of geographical analysis, the global post-polio syndrome treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is estimated to attain the dominant share in the market owing to the presence of major pharmaceutical companies in this region. Even though, there have been no polio cases in the United States since 1979, the market in this region holds the leading market share as these companies manufacture and distribute the drugs in developing and underdeveloped countries.
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The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.
Presence of Polio Infection in Low Economies to boost the Growth of the Market
According to the data by the World Health Organization (WHO), around 175 active cases of polio were reported in 2019. The countries in the Middle East and Africa region have the highest prevalence of polio.
Due to lack of awareness and education amongst the people in low-income economies, the percentage of polio vaccination is very low. This results in infection of poliovirus, causing post-polio syndrome in the large population. This is estimated to boost the market growth in the upcoming years.
“The Final Report will cover the impact analysis of COVID-19 on this industry.”
However, eradication of polio in developed country is expected to operate as key restraint to the growth of the global post-polio syndrome treatment market over the forecast period.
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This report also provides the existing competitive scenario of some of the key players of the global post-polio syndrome treatment market which includes company profiling of Baxter International, Inc, Eli Lilly and Company, Novartis AG, Sanofi-aventis Groupe, Abbott Laboratories, Johnson & Johnson Services, Inc., Merck & Co., Inc., Siemens Healthcare GmbH, Pfizer Inc., and Becton, Dickinson and Company. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global post-polio syndrome treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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