Research Nester published a report titled “Nonvenereal Syphilis Treatment Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of the global nonvenereal syphilis treatment market in terms of market segmentation by diagnosis, 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 nonvenereal syphilis treatment market is anticipated to attain a notable CAGR over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of treatment, into antibiotics, topical treatment, and others, out of which, the antibiotics segment is anticipated to hold the notable share over the forecast period owing to the fast action of broad-spectrum antibiotics. Moreover, easy availability of antibiotics is also expected to boost the segment growth.
The global nonvenereal syphilis treatment market is estimated to grow on the back of the increasing prevalence of non-venereal syphilis, and growing government concerns to curb the transmission of the disease. nonvenereal syphilis, also known as, bejel, is transmitted by bacteria, that causes lesions and abscess on skin. If untreated, the infection can also spread to internal organs or even bones. Moreover, the increasing demand for proper treatment, backed by developing healthcare facilities, are estimated to boost the market growth.
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On the basis of geographical analysis, the global nonvenereal syphilis treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in Middle East and Africa region is estimated to witness noteworthy growth over the forecast period on the back of high cases of nonvenereal syphilis in the region. West Africa, Mediterranean, and Sahara region have the highest incidences of bejel, backed by lack of sanitization, hot and humid climate, and lack of proper healthcare services.
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.
Increasing Prevalence of Nonvenereal Syphilis or Bejel to Boost the Market Growth
As per the data by World Health Organization (WHO), over 80,000 cases of nonvenereal syphilis are reported each year.
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The cases of bejel are growing across low-income countries, owing to the lack of sanitation in these countries. Moreover, absence of proper healthcare facilities in the region with high prevalence of nonvenereal syphilis, is estimated to boost the market growth.
However, lack of proper healthcare system in low-income region is expected to operate as key restraint to the growth of the global nonvenereal syphilis treatment market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global nonvenereal syphilis treatment market which includes company profiling of Mylan N.V., Novartis International AG, Sanofi S.A., GlaxoSmithKline plc, Pfizer, Inc., Teva Pharmaceutical Industries Ltd., Merck & Co., Inc., Otsuka Pharmaceutical Co., Ltd., Abbott Laboratories, and Cipla Limited. 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 nonvenereal syphilis 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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