Chagas Disease Treatment Market, By Distribution Channel (Hospitals pharmacy and Retail Pharmacy) - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022 - 2028
Chagas disease is a tropical parasitic disease and is endemic in 21 countries in Latin America. Chagas disease can transmitted through blood transfusion, organ transplantation, as well as congenital and oral transmissions. Chagas disease is endemic to Latin America, however, in the recent past, there is a rise in global incidence of Chagas disease due to the migration of Latin American people to other countries. According to data published by World Health Organization (WHO), in February 2018, globally, around 6 Mn to 7 Mn people were infected with Trypansosoma cruzi, the parasite which causes Chagas disease. Benznidazole and Nifurtimox are only two drugs available for the treatment of Chagas disease.
Market Dynamics
Rising migration of people from endemic countries to developed economies such as the U.S. and in countries in Europe is expected to drive growth of Chagas disease treatment market. For instance, according to the data published by Public Library of Science (PLOS), in 2012, there are around 1,62,095 Bolivian adults living in Spain, in which about 97,215 are women (60%) and 64,880 are men. It was estimated that out of total immigrants from Bolivia to Spain 34,202 were found to be potentially infected with Chagas disease. Furthermore, increasing R&D activities for the development of novel treatment methods for Chagas disease is also expected to create a lucrative environment for the market growth. For instance, in 2021, researchers from Saint Louis University Center for Vaccine Development were working on developing a vaccine for Chagas disease. Scientists found Th17 cells, a special type of white blood cell that recognizes the presence of a foreign invader and helps other cells in the immune system to attack and protects the body against Trypanosoma cruzi parasite.
Key features of the study:
This report provides in-depth analysis of Chagas disease treatment market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global Chagas disease treatment market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies, and future plans
Key companies covered as a part of this study include Nortec Quimica SA, Bayer AG, Laboratorio Elea Phoenix SA, Maprimed S.A., and Laboratório Farmacêutico de Pernambuco S/A.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
The global Chagas disease treatment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the Chagas disease treatment market
Detailed Segmentation:
Global Chagas Disease Treatment Market, By Product Type:
Benznidazole
Nifurtimox
Global Chagas Disease Treatment Market, By Distribution Channel:
Hospitals
Retail Pharmacies
Online Pharmacies
Global Chagas Disease Treatment Market, By Geography:
North America
By Product Type:
Benznidazole
Nifurtimox
By Distribution Channel
Hospitals
Retail Pharmacies
Online Pharmacies
By Country:
U.S.
Canada
Europe
By Product Type:
Benznidazole
Nifurtimox
By Distribution Channel
Hospitals
Retail Pharmacies
Online Pharmacies
By Country:
U.K.
Germany
Italy
France
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Benznidazole
Nifurtimox
By Distribution Channel
Hospitals
Retail Pharmacies
Online Pharmacies
By Country:
Japan
Australia
Latin America
By Product Type:
Benznidazole
Nifurtimox
By Distribution Channel
Hospitals
Retail Pharmacies
Online Pharmacies
By Country:
Brazil
Mexico
Argentina
Bolivia
Columbia
Venezuela
Paraguay
Rest of Latin America
Company Profiles
Nortec Quimica SA*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Bayer AG
Laboratorio Elea Phoenix SA
Maprimed S.A.
Laboratório Farmacêutico de Pernambuco S/A
“*” marked represents similar segmentation in other categories in the respective section.
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