Anti-worm medication refers to the specific type of medication that are used for the purpose of treatment of various worm infections such as whipworm, pinworm, roundworm, and hookworm. The worm infections can result in abdominal pain or tenderness, nausea, weakness, or diarrhea. Most medicines kill worms by either starving them or paralysing them such as mebendazole, and albendazole . They work by preventing the worms from absorbing the sugars that they require for survival. The aim of this treatment is to reduce the infection intensity under the scale of clinical importance.
The "Global Anti-Worm Medication Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the anti-worm medication market with detailed market segmentation by type, application, and geography. The report provides key statistics on the market status of the leading anti-worm medication market players and offers key trends and opportunities in the market.
Based on type, the global anti-worm medication market is segmented into albenza, and vermox.
On the basis of application, the market is bifurcated into human, and veterinary.
MARKET DYNAMICS Drivers
Increasing prevalence of worm infections and growing novel drug treatment drive the market growth.
Growing convenience of direct purchase coupled with high adoption and acceptance in emerging markets boost the growth of the market.
Rising innovations along with increased research and development activities of drugs propel market growth.
Severity and complications associated with wrong medications.
Lack of awareness among the rural population.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The anti-worm medication market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the anti-worm medication market in these regions.
IMPACT OF COVID-19 ON ANTI-WORM MEDICATION MARKET
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The outbreak disrupted supply chain and resulted in a lack of care for worm infections. The market faced a sluggish growth .However, researchers are testing various drugs to see their impact on the novel coronavirus including mebendazole. Due to high prevalence of these infections and not enough treatments the anti-worm medication market is likely to grow at a steady pace due to lockdown and restrictions relaxation in the forecast period.
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The report covers key developments in the anti-worm medication market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from anti-worm medication market are anticipated to have lucrative growth opportunities in the future with the rising demand for anti-worm medication in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the anti-worm medication market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
Lasa Supergenerics Limited
Merck Animal Health
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