Giardiasis Treatment Market is expected to reach USD 47.28 billion by 2025, from USD 36.46 billion in 2017 growing at a CAGR of 9.0% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
The Giardiasis Treatment statistical surveying report offers a top to bottom investigation of the worldwide market size alongside the ongoing patterns and forthcoming assessments to explain the unavoidable speculation pockets. Information about key development drivers, imperatives, and openings and their effect assessment on the size is given. Watchman’s five powers assessment shows the productivity of purchasers and suppliers working inside the pharmaceutical business. The quantitative examination of the worldwide business from 2020 to 2026 is given to decide the market potential. The Giardiasis Treatment report assesses key market highlights, along with revenue, charge, ability, capacity utilization rate, net, fabricating, creation rate, utilization, piece of the pie, CAGR, and gross edge.
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Major Market Competitors/Players:Global Giardiasis Treatment Market
Some of the major players operating in the global giardiasis market are Pfizer Inc., Teva Pharmaceuticals, Baxter International Inc., Zydus Pharmaceuticals Inc., Roxane Laboratories, Inc., Heritage Pharmaceuticals Inc., Aurobindo Pharma Limited, Lupin Pharmaceuticals, Inc., Abbott Laboratories,
Giardiasis is an infection of the intestine with a flagellate protozoan, which causes diarrhoea. The common symptoms of giardiasis disease are fatigue nausea, diarrhoea or greasy stools, loss of appetite, vomiting, bloating and abdominal cramps, weight loss. According to the Centre for Disease Control and Prevention in 2011, approximately 16,868 giardiasis cases were reported in U.S. According to the Centres for Disease Control and Prevention (CDC), in 2016, approximately 200 million people in Africa, Asia and Latin America suffered from giardiasis infections. For instance, according to the published article in 2018, in 2012 a total of 15,223 cases of giardiasis were reported in U.S for epidemiology, clinical manifestations and diagnosis . As per the published article in 2012, in a review on assemblage distribution approximately 280 cases of giardiasis occurred annually in India. According to the California Department of Public Health (CDPH) reports, in 2012, approximately 7,080 cases of giardiasis were reported in U.S. Giardiasis incidence rates, 4.59 per 100,000 in California. So increasing number of giardiasis infection cases fuel the demand of giardiasis market.
Major Market Drivers and Restraints:
Increasing incidences of waterborne disease.
Unhygienic water sources.
The increasing water pollution levels in developing and underdeveloped countries.
Lack of sanitation facilities in underdeveloped countries.
Increasing number of new born babies in developing countries and the growing incidences of giardiasis disease in developed regions.
The number of undiagnosed giardiasis disease is much higher than that of diagnosed giardiasis disease cases which is major restrain of this market.
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Market Segmentation: Global Giardiasis Treatment Market
The global giardiasis market is segmented based on drug class, distribution channel and geography.
Based on drug class, the market is segmented into Metronidazole, Tinidazole and Nitazoxanide.
Based on distribution channels the market is subsegmented into hospital pharmacy, retail pharmacy, and online pharmacy.
Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
Key Developments in the Market:
With new technology, researchers have discovered innovative ways of detecting G. lamblia cysts in water. Koydemir et al. (2015) created a cost-effective and field portable mobile-phone based fluorescence microscopy device designed to detect cysts in large volume water samples. The device even included a machine learning based cyst counting interface, and the entire measurement took less than an hour to test a sample with a volume of 10 ml.
Researchers have also generated interest in ultraviolet light (UV) radiation in regards to Giardia intestinalis, since UV light is a natural stressor to the parasite. Einarsson et al (2015) looked into this idea further and found that cysts had limited ability to repair UV-induced damage and in the future UV disinfection could be studied further to guarantee safe drinking water.
Customization of the Report
The report includes the complete segmentation displayed above across all above mentioned countries
All product covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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