In Typhoid Treatment Market report, a systematic investment analysis has been performed which forecasts impending opportunities for the market players. The statistical and numerical data that has been included in this market report is represented with the tables, graphs and charts which eases the understanding of facts and figures. A proficient data and excellent forecasting techniques used in this report are synonymous with accurateness and correctness. Typhoid Treatment Market report is a painstaking analysis of existing scenario of the market which covers several market dynamics. The market study of this global Typhoid Treatment Market business report takes into consideration market attractiveness analysis where each segment is benchmarked based on its market size, growth rate & general attractiveness.
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Global typhoid treatment market is rising gradually with a substantial CAGR in the forecast period of 2020-2027. The report contains data of the base year 2019 and historic year 2018. The growth in the market can be attributed by the prevailing cases of typhoid across the globe.
Few of the major competitors currently working in the global typhoid treatment market are Bill & Melinda Gates Foundation, Bharat Biotech, GlaxoSmithKline plc., Sanofi, Pfizer Inc., BIO-MED, Bio Farma, PaxVax, Inc., Johnson & Johnson Services, Inc., bioMérieux SA, Promega Corporation, Merck & Co., Inc., Merck KGaA, Blueberry Therapeutics Ltd, Mylan N.V., FDC, Teva Pharmaceutical Industries Ltd., Sun Pharmaceutical Industries Ltd., Akorn, Incorporated among others.
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Market Definition: Global Typhoid Treatment Market
Typhoid is a bacterial infection caused by Salmonella typhi bacteria. It is a life threatening condition especially for children. The most common symptoms of typhoid are high fever, diarrhea and vomiting. This infection spreads by contaminated food and water and facilitated by unhygienic lifestyle.
The incidence of typhoid is calculated as an estimated of 3.6 cases per 1000 poplulation. Approximately 80% of typhoid cases are in some developing countries such as Bangladesh, Pakistan, China, India, etc. The high prevalence of typhoid infections is the major driver for market growth.
Segmentation: Global Typhoid Treatment Market
Typhoid Treatment Market : By Treatment
Typhoid Treatment Market : By Route of Administration
Typhoid Treatment Market : By End Users
- Specialty Clinics
Typhoid Treatment Market : By Distribution Channels
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
Typhoid Treatment Market : By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Typhoid Treatment Market:
- In April 2019, The International Vaccine Institute (IVI) received USD15.7m grant from the Bill & Melinda Gates Foundation for conducting phase III clinical trials of Vi-DT, a typhoid conjugate vaccine (TCV) for long term protection of typhoid infections. This grant will support the development of exciting new class of therapeutics for the treatment of typhoid
- In January 2018, Bharat Biotech received pre-qualification from the World Health Organization (WHO) for Typbar TCV (Typhoid Conjugate Vaccine), the first typhoid vaccine used for long term protection from typhoid infections. The WHO pre-qualification grants ensure that the Typbar vaccine is safe and effective for human use.
Typhoid Treatment Market : Drivers
- Rising morbidity and mortality rate due to typhoid infections will boost up the market growth
- Increasing governmental initiative for management of typhoid infections is another factor uplifting the market growth
- Increasing awareness about typhoid and its treatment options also acts as a market driver
- Presence of affordable medications and therapies of typhoid will also drive the market growth in the forecast period
Typhoid Treatment Market : Restraints
- Global typhoid treatment market is hampered by lack of early detection of infections
- Some factors such as social stigma for typhoid infections and there therapies hinders the market growth
- Poor health care facilities in some countries like Africa hampers the market growth
Reasons to Purchase this Report
- Current and future of global typhoid treatment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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