By 2028 the global Cytomegalovirus Treatment Market is anticipated to attain a valuation of US$ 326 Million at a CAGR of 6.1%
Cytomegalovirus Treatment Market The projected market growth for 2022 is US$ 228.8 Mn. Demand for CMV treatment is anticipated to increase at a CAGR of 6.1% (2022-2028), reaching a market value of US$ 326 Mn by the end of 2028.
The prevalence of CMV is rising steadily, which has prompted the development of effective treatment regimens and medications. Between 50 and 80 percent of people in the US have experienced CMV symptoms by the time they are 40, according to statistics supplied by MedlinePlus.
These data indicate that the use of CMV treatment products and methods will grow in the future, offering producers ongoing potential to make significant profits.
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Hospital Pharmacies Remain Highly Lucrative Channel for Manufacturers with Notable ROI Benefits
As per the report, congenital CMV infection registers substantial demand for cytomegalovirus treatment, with global sales expected to surpass over US$ 65.5 Mn in 2019. Hospital pharmacies are likely to steer sales of cytomegalovirus treatment products and procedures, owing to reliable offerings at reasonable costs.
E-commerce is a fast expanding distribution avenue for manufacturers to market their products because well-informed, contemporary patients want a combination of efficiency and ease. According to the analysis, the high cost of CMV treatment techniques continues to be a major barrier to adoption and to the market’s potential for growth. The accompanying negative effects of CMV treatment products and procedures are eroding end-user confidence in addition to their expensive prices.
Neutropenia, nausea, thrombocytopenia, haematological toxicity, renal failure, and others are some of the often occurring side effects connected with CMV therapy products and techniques. Manufacturers in the market for CMV therapy are concentrating on cutting-edge research, leading to improved products with improved features. The market participants are also emphasising the availability of products in various size dimensions to promote consumer convenience.
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A number of strategic alliances, purchases, and mergers are taking place in the cytomegalovirus treatment business, allowing the manufacturing firms to combine their production know-how to create competitive products. To broaden its exclusive line of science-based dermocosmetic beauty products, Johnson & Johnson, for instance, completed the acquisition of Ci:z Holdings Co., Ltd. in 2019.
Key Companies Profiled
- Chimerix Inc.
- Thermo Fisher Scientific
- Abbot
- Becton Dickinson and Company
- Pfizer Inc.
- Merck & Company Inc.
- Mylan N.V.
- Johnson & Johnson
- Bio-Rad Laboratories Inc.
- F. Hoffmann-La Roche Ltd.
Key Segments of Cytomegalovirus Treatment Industry Survey
Cytomegalovirus Treatment Market by Drug Type:
- Valganciclovir for Cytomegalovirus Treatment
- Ganciclovir for Cytomegalovirus Treatment
- Cidofovir for Cytomegalovirus Treatment
- Foscarnet for Cytomegalovirus Treatment
- Others
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Cytomegalovirus Treatment Market by Application:
- Stem Cell Transplantations
- Organ Transplantations
- Congenital CMV Infections
- Others
Cytomegalovirus Treatment Market by Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- e-Commerce
Cytomegalovirus Treatment Market by Region:
- North America Cytomegalovirus Treatment Market
- Latin America Cytomegalovirus Treatment Market
- Europe Cytomegalovirus Treatment Market
- East Asia Cytomegalovirus Treatment Market
- South Asia & Pacific Cytomegalovirus Treatment Market
- Middle East & Africa (MEA) Cytomegalovirus Treatment Market
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