The global Onchocerciasis Market research report 2029, as published by Data bridge Market Research, provides insights into the current global outlook and key regions, examining Major Players, Countries, Product Types, and end industries. It focuses on top players in the global market and categorizes the market based on several parameters.

This Onchocerciasis market research report identifies the competitive landscape of industries, offering a comprehensive understanding of international competition. The study outlines the anticipated growth of the global market during forecast period. Compiled with a blend of static and dynamic perspectives, this research report captures the essence of the businesses views.

Data Bridge Market Research analyses a growth rate in the global onchocerciasis market in the forecast period 2022-2029. The expected CAGR of global onchocerciasis market is tend to have a healthy CAGR in the mentioned forecast period.

Top Companies in the Global Onchocerciasis Market:
Pfizer Inc (U.S.), AstraZeneca (U.K.), Bristol-Myers Squibb Company (U.S.), Allergan,Inc (Ireland), Dr. Reddy's Laboratories Ltd (India), Endo International plc (Ireland), Teva Pharmaceutical Industries Ltd (Israel), Sun Pharmaceutical Industries Ltd (India), Mylan N.V. (U.S.), Novartis AG (Switzerland), Abbott (U.S.), bioMérieux (France), BD (U.S.), Danaher (U.S.), Thermo Fisher Scientific Inc., (U.S.), Siemens (Germany), Agilent Technologies, Inc, (U.S.), Merck KGaA (Germany),  Fluidigm (U.S.). QIAGEN (Germany), Bio-Rad Laboratories, Inc. (U.S.), Cytiva (U.S.), Stryker (U.S.), among others.

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Market Segmentation:

The global onchocerciasis market is segmented on the basis of treatment, diagnosis, drug, route of administration, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Diagnosis

  • Physical Examination
  • Skin Biopsy
  • Mazzotti Test
  • Nodulectomy
  • PCR Test
  • Others

Treatment

  • Medication
  • Supportive Care
  • Others

Drug

  • Ivermectin
  • Moxidectin
  • Others

Route of Administration

  • Oral
  • Others

End User

  • Hospitals
  • Homecare
  • Specialty Clinics
  • Others

Distribution Channel

  • Hospital Pharmacy
  • Online Pharmacy
  • Retail Pharmacy

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Asia-Pacific and Africa has been witnessing a highest growth for global onchocerciasis market throughout the forecasted period due to increased government and WHO awareness programs and number of generic drugs.

North America dominates the market due to the increased prevalence of onchocerciasis and presence of key manufacture of the product.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

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Market Dynamics

Drivers

  • Increased Incidence of River Blindness

As per the reports of WHO, around 99% of infected people live in 31 African countries and the syndrome also exist in Latin America and Yemen countries. “Global Burden of Disease Study” estimated in 2017 that around 20.9 million cases of Onchocerca volvulus infections witnessed worldwide in which 14.6 million people are infected with skin disease and 1.15 million had vision loss. Thus, it boosts the market growth.

  • Rising Demand for Oral Drugs

Oral drugs is expected to boost the market growth. The segment is expected to accelerate the global market as most products are available in capsule and tablet form and it is a very feasible route of administration.

Opportunities

  • Increased Demands of Diagnostic Tests

The increasing demands for diagnostic tests such as the use of a biopsy on the skin with regular saline is boosting the market growth. Another procedure includes searching for the larvae in the eye as well as sensing bumps under the skin which turns out to be a sign of adult worms. Thus, all these diagnostic procedures boost the growth of the market.

  • Increasing Demand for Retail Pharmacies

The rise in the number of narcotic drugs delivered through retail pharmacies and the surge in the number of retail pharmacies in developed countries create opportunities for the market growth. In addition to this, patients prefer retail pharmacies for purchasing drugs, as these are easily accessible.

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