During the forecast period 2022 to 2032, the worldwide liver fluke treatment market is expected to develop at a healthy CAGR of roughly 4% to 5%. In the future years, the liver fluke treatment market is expected to grow due to increased research and development activities targeted at generating more effective therapeutic medications for the treatment of liver-related illnesses.
The term “liver fluke” refers to a group of polyphyletic parasitic trematodes that infect humans and animals and cause liver and bile duct problems. These parasitic worms are generally divided into two types of infection-causing worms known as Fasciola Gigantica and Fasciola Hepatica, often known as sheep liver fluke.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Liver Fluke Treatment Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Liver Fluke Treatment market.
Key Liver Fluke Treatment Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Liver Fluke Treatment market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Liver Fluke Treatment Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Liver Fluke Treatment market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Liver Fluke Treatment Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Liver Fluke Treatment market. As per the survey, Liver Fluke Treatment sales will project steady growth over the forecast period.
- Liver Fluke Treatment Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Liver Fluke Treatment market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Liver Fluke Treatment Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Liver Fluke Treatment market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Liver Fluke Treatment market.
Some of the prominent market players are profiled by FMI are:
- Novartis
- GlaxoSmithKline Plc.
- Merck & Co., Inc.
- Pfizer Inc
- Bayer HealthCare Pharmaceuticals Inc.
- Par Pharmaceutical
- Romark Laboratories, L.C.
- Lupin Pharma
- Schering Corporation
- Others
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Key Segments Profiled in the Liver Fluke Treatment Market Survey
By Drug Type:
- Triclabendazole
- Praziquantel
- Bithionol
- Nitazoxanide
- Albendazole
By Route of Administration:
- Oral
- Intravenous
- Intramuscular
- Topical
By Application:
- Human
- Cattle
- Sheep
- Others
By Distribution Channel:
- Government Healthcare Centers
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacy
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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