Trichomoniasis Drugs Market Size to Perceive USD 90 Billion by Forecast 2030
Data Bridge Market research has a newly released expansive study titled “Global Trichomoniasis Market” which guarantees you will remain better informed than your competition. This study provides a broader perspective of the marketplace with its comprehensive market insights and analysis which eases surviving and success in the market
Data Bridge Market Research analyses a growth rate in the trichomoniasis drugs market in the forecast period 2023-2030. The expected CAGR of trichomoniasis drugs market tends to be around 4.50% in the mentioned forecast period. The market was valued at USD 63.2 billion in 2022 and would grow to USD 90 billion by 2030. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Overview:
Trichomoniasis is a sexually transmitted disease (STD) which is caused by the flagellated protozoan parasite that is transmitted from one person to another during intercourse. The parasite usually transmits from a vagina to a penis or from penis to a vagina, and many times, from a vagina to another vagina. Men and women are both suffering from trichomoniasis globally and the commonly infected part of the body in women is the lower genital tract such as cervix, vagina, vulva, or urethra, while that in men is the inside of the penis.
In the U.S., the cases of trichomoniasis were around 2,570,002 in 2017. Furthermore, the gender-specific cases of trichomoniasis were maximum among females and were stated to be 2,073,893 in the country. In the U.S., around 70% of the trichomoniasis cases are asymptomatic. Increase in cases of unprotected sex has led to the increased spread of the disease.
Drivers
- Increase in Trichomoniasis
Rise in the occurrence rate of Trichomoniasis disease is one of the primary factors for the growth of the market. In 2020, WHO witnessed 374 million new cases of STIs globally out of which 176 million new cases of trichomoniasis are found all over the world and the increasing in public awareness about STDs. Rise in R&D activities associated with discovering an effective therapy for the condition are the major drivers for the growth of the market.
- Increased Drug Approvals
The increasing number of drug launches and approvals lead to the growth of the market. For instance, on 28 January 2022, Glenmark Pharmaceuticals Inc., US received final approval from the FDA for Metronidazole Vaginal Gel, 0.75%, the generic version of MetroGel-Vaginal1 Gel, 0.75%, of Bausch Health US, LLC. Furthermore, on 6 September 2021, Aleor Dermaceuticals received final approval from the FDA for its Abbreviated New Drug Application (ANDA) for Metronidazole Gel USP, 1%. Thus, this boosts the market growth.
Investing in this study would grant you access to valuable information, including:
- Regional-level breakdowns of the market, including North America, Europe, Asia Pacific, South America, and the Middle East & Africa.
- Country-specific market size splits for the most important countries with major market shares.
- Market share and revenue/sales data for the industry’s leading players.
- Analysis of market trends such as emerging technologies, products, and start-ups, as well as PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, and more.
- Detailed market size data, including breakdowns by application/industry verticals.
- Projections and forecasts for the market’s future growth and development.
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Key players operating in the trichomoniasis drugs market include:
- Pfizer Inc. (U.S.)
- Lupin (India)
- Teva Pharmaceuticals Industries Ltd. (Israel
- Zydus Group (India)
- Bausch Health Companies Inc (Canada)
- Missionpharma A/S (Denmark)
- Zauba Technologies & Data Services Private Limited (India)
- Mission Pharmacal Company (U.S.)
- Unique Pharmaceuticals Limited.(Africa)
- Edenbridge Pharmaceuticals, LLC (U.S.)
Global Trichomoniasis Drugs Market Scope
The trichomoniasis drugs market is segmented on the basis of drug type, product type, 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.
Drug Type
- Metronidazole
- Tinidazole
Product Type
- Tablet
- Suppository/Pessaries
- Cream
- IV
End-Users
- Hospitals
- Homecare
- Speciality Centres
- Others
Distribution Channel
- Hospital Pharmacy
- Online Pharmacy
- Retail Pharmacy
Browse the complete table of contents at – https://www.databridgemarketresearch.com/toc/?dbmr=global-trichomoniasis-drugs-market&Shri
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