Research Nester published a report titled “Chikungunya Treatment Market: Global Demand Analysis & Opportunity Outlook 2030″ which delivers detailed overview of theglobalchikungunya treatment market in terms of market segmentation by strain type, drug class, route of administration, end user, 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 chikungunya treatment market is estimated to occupy a large revenue by growing at a CAGR of ~7% during the forecast period, i.e., 2022 – 2030, owing to the escalating occurrence of chikungunya, and growing awareness associated with mosquito-transmitted infections across the globe. Apart from these, rising government initiatives regarding prevention control of mosquito breeding is also expected to drive market growth in the forthcoming years.
The global chikungunya treatment market is segmented by strain type, drug class, route of administration, and end user. Based on route of administration, the oral segment is projected to gather the largest share over the forecast period ascribing to the convenience and non-invasive nature of oral route of drug administration. Additionally, by end user, the hospitals and clinics segment is anticipated to grab the largest share during the forecast period ascribing to the large patient pool of the disease.
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Geographically, the market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa. North America is evaluated to grab the largest share in the market during the forecast period attributing to the increasing research and development activities in the medical sector in the region. Moreover, Asia Pacific is evaluated to witness noteworthy market growth owing to the rising occurrence of mosquito-transmitted diseases.
The research is global in nature and covers detailed analysis on the market 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, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Rising Awareness Regarding Mosquito-Transmitted Infections to Drive Market Growth
Outbreaks caused by chikungunya virus have continued and expanded, which has given impetus to rising emphasis on identifying potential vaccine options and therapeutics for these viral infections. This has resulted in the surge on investments for the research and development activities for formulating an effective cure for mosquito-transmitted diseases, which is evaluated to drive market growth in the near future.
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However, absence for skilled professionals to treat chikungunya fever is expected to operate as key restraint to the growth of the global chikungunya treatment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global chikungunya treatment market which includes company profiling of Bio-Rad Laboratories, Inc., Quest Diagnostics Incorporated., Sanat Products Ltd., Taj Pharmaceuticals Limited., Etubics Corporation, Genome Diagnostics Pvt. Ltd., Altona Diagnostics, Paradigm Biopharmaceuticals Ltd, Themis Bioscience GmbH, Moderna Inc., and others. 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 chikungunya 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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