08-Nov-2023

Q-fever Infection Market Industry Share, Size, Growth, Demands, Revenue, Top Leaders and Application

According to a report published by the National Library of Medicine (NLM) in 2020, around 50 people out of 100,000 suffer from acute Q fever every year while 1 person out of 1,000,000 obtains chronic Q fever in one year. An increasing patient pool of acute Q fever can be witnessed globally. As per the statistics by the WHO, the global per capita healthcare expenditure resulted to USD 1,064.741 in the year 2017.

Data Bridge Market Research analyses that the Q-fever treatment market which is USD 4623.05 million in 2022, is expected to reach USD 6778.4 million by 2030, at a CAGR of 4.90% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Q-fever Infection Market research report has complete overview of the market covering various aspects such as product definition, segmentation based on various parameters, and the prevailing vendor landscape. The report lends a hand to stay up-to-date about the entire market and also puts forward holistic view of the market. With this market report, insights and realities of the HEALTHCARE industry can be focused which helps keep the business on the right track. A thorough analysis has been performed in this document to know the potential of the market in the present and the future prospects from various angles. Q-fever Infection Market report contains remarkable market data, present market trends, product consumption, environment, technological innovation, future prospects, upcoming technologies and the technical progress in the related industry.

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Market Overview:

Q fever is also known as the query fever. It is a type of bacterial infection which is caused by the Coxiella burnetiid bacteria. The bacteria which is causing this fever are found in animals such as cattle, sheep, and goats globally. Many of the patients witness no symptoms at all while in some cases; the infection can reoccur years later. The chronic Q fever is a more toxic form of Q fever that may damage heart, brain, lungs and can cause diabetes in some cases.

Opportunities

Increasing Healthcare Expenditure

As per the statistics by the WHO, the global per capita healthcare expenditure resulted to USD 1,064.741 in the year 2017. The global healthcare expenditure per person increase from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country which amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. Furthermore, according to the projections by the Centres for Medicare & Medicaid Services (CMS), the projected average annual percent change associated with National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Moreover, the National Health Expenditures are expected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. This factor is helping in increasing the market growth.

Restraints/Challenges

Lack of Awareness About Q-fever

Not much awareness about the disease can lead to the restriction of the market growth. Q-fever is not commercially popular; thus, people are not much aware of that. Thus, it hampers the market growth.

This Q-fever treatment market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Q-fever treatment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Development

In 2022, Pfizer Inc. and Myovant Science released an update regarding MYFEMBREE, a 1 mg drug for the treatment of severe pain, where they have stated that U.S. FDA has extended the period to review this drug.
In 2022, Sanofi announced the launch of its Foundation S with the aim to develop a healthy and useful future for the current and upcoming generations.
In 2022, Basilea Pharmaceutical launched its first-in-class antifungal program for providing necessary help to patients who are suffering from fungal and bacterial infection and cancer

Some of the major players operating in the Q-fever treatment market are:

EpiVax, Inc.(U.S.)
GSK plc (U.K.)
F. Hoffmann-La Roche Ltd. (Switzerland)
Sanofi (France)
Bayer AG (Germany)
Amway Corp. (U.S.)
Zydus Group (India)
Lilly (U.S.)
Pfizer Inc. (U.S.)
Abbvie Inc. (U.S.)
Bristol Myers Squibb Company (U.S.)
Abbott (U.S.)
Merck & Co., Inc. (U.S.)
Mylan N.V (U.S.)
Lupin (India)
Sun Pharmaceutical Industries Ltd. (India)
Amneal Pharmaceuticals LLC. (U.S.)
Aurobindo Pharma (India)
Teva Pharmaceutical Industries Ltd (Israel)
Mayne Pharma Group Limited (Australia)
Alembic Pharmaceuticals Limited (India)
Novartis AG (Switzerland)
Yashica Pharmaceuticals Private Limited (India)
Basilea Pharmaceutica Ltd.(Switzerland)

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Q-fever Treatment Market Scope

Type

Acute Q-Fever
Chronic Q-Fever

Treatment Type

Medication
Vaccinations
Surgery

Drugs

Doxycycline
Ciprofloxacin
Pefloxacin
Others

Vaccines

Live Attenuated Vaccine
Purified Corpuscular Formalin-Inactivated Vaccine
Soluble Vaccine
Others

End User

Hospitals
Specialty Clinics
Home Healthcare
Others

Distribution Channel

Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Others

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Last Updated: 08-Nov-2023