Leprosy Treatment Market is growing rapidly to grow at the CAGR of 3.2% by 2023


Posted August 2, 2017 by magarjitendra

Leprosy treatment market information: by drug class (sulfone, phenazine, derivative, anti-tubercular drugs, others) by disease type - Global Forecast till 2023

 
Market Highlights
Global leprosy treatment market is growing at a rate of 3.2% and is expected show a similar trend during the forecast period.
The leprosy treatment market is chiefly driven by rise in awareness and greater integration of leprosy treatment in national health agenda of many countries.
According to World Health Organization estimates from 138 countries, the global prevalence of leprosy in 2015 was 176 176 cases (0.18 cases per 10000 people). The number of new cases reported globally in 2015 was 211 973 (0.21 new cases per 10000 people) and in 2014, 213 899 new cases were reported. Thus there is a degree of continued transmission of infection where 96% of new cases were reported from 22 countries. Multi drug therapy (MDT) is the trend due to rising resistance to dapsone with rifampicin and clofazimin the drugs added to this therapy. Multi drug therapy has a 100% cure rate. The widespread use of MDT and the reduction in duration of treatment dramatically contributed to the fall in prevalence of leprosy which fell by 99%, from 21.1 cases per 10 000 people in 1983 to 0.2 cases per 10 000 people in 2015. This has resulted in the elimination of leprosy from most nations except a few.
The MDT was initially funded by The Nippon Foundation, and since 2000 under an agreement with Novartis who extended the duration to 2020. Thus there exists a bipolar market consisting of private free market and a contract market. The free cost of treatment funded under different government schemes has reduced the incentives for developing any newer drug molecule which has constrained future growth. Thus any new drug has to have higher cure rates and faster cure time for emerging as a market leader.

Key players of Global Leprosy treatment Market:
• Glaxo Smithcline,
• Systopic Laboratories Pvt. Ltd.,
• Cadila Pharmaceuticals,
• Acme Pharmaceuticals,
• Macleods Pharmaceuticals,
• Novartis International AG,
• Astra Zeneca,
• Lark Laboratories Ltd.,
• others.`

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Segmentation:
The global leprosy treatment market is segmented Segmentation on the basis of drug class, disease type and market channel.
Segmentation on the basis of on drug class, the market has been segmented as sulfone, phenazine, derivative, anti-tubercular drugs and others.
Segmentation on the basis of on the disease type, the market has been segmented as paucibacillary leprosy, multibacillary leprosy.
Segmentation on the basis of on the end users, the market has been segmented as private, contract and others.

Taste the market data and market information presented through more than 50 market data tables and figures spread in 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Leprosy Treatment Market Research Report- Global Forecast till 2023”

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Leprosy treatment market is estimated to be led by the developing regions of Asia Pacific which is further estimated to be dominated by China and India. Countries of the developing world such as Indonesia, Cambodia, China, and India will land a lion’s share for the market for leprosy treatment in the Asia Pacific. The presence of large populations with unmet needs is the strongest driver of growth in these markets. Thus, there is larger potential to grow in the developing regions due to less competition. The growing number of Leprosy screening is the strongest factor responsible for the growth of the Asia Pacific market.

Table of Content

1. Introduction
1.1 Definition
1.2 Scope Of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure:
2. Research Methodology
2.1 Research Process:
2.2 Primary Research
2.3 Secondary Research:
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
4. Market Factor Analysis
4.1 Porters Five Forces Model
4.2 Bargaining Power Of Suppliers
4.3 Bargaining Power Of Buyers
4.4 Threat Of New Entrants
4.5 Threat Of Substitutes
4.6 Intensity Of Rivalry
5. Global Leprosy Treatment Market, By Drug Class
5.1 Sulfone
5.2 Phenazine Derivative
5.3 Anti-Tubercular Drugs
5.4 Others
6. Global Leprosy Treatment Market, By Disease Type
Continue…………

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Issued By Market Research Future
Country India
Categories Business , Health , News
Tags healthcare , leprosy treatment market
Last Updated August 2, 2017