Hand, Foot, and Mouth Disease Treatment Market to be dominated by Growing Prevalence of Viral Infections through 2027
Growing incidence of viral
infections and rising research and development activities to drive the hand,
foot, and mouth disease treatment market in the forecast period, 2023-2027.
According to TechSci Research report, “Hand,
Foot, and Mouth Disease Treatment Market - Global Industry Size,
Share, Trends, Opportunity, and Forecast, 2017-2027”, the global hand, foot, and mouth disease treatment is
anticipated to grow at a significant rate in the forecast period, 2023-2027. The
increase in incidences of viral infections, and extensive research and
development are the primary factors driving the growth of the market. Growing government
investments on R&D activities, growing footprint of pharmaceutical
manufacturers, developed healthcare infrastructure, and rising awareness among
the masses, are expected to influence the market demand. Also, the ease in FDA
approvals for HFMD drugs in clinical trial phase is also a key factor for
increasing the growth of the market, globally.
However, the risk of developing other diseases
such as Reye syndrome on consumption of pain relief drugs such as Aspirin may likely
hamper the growth of the market.in the forecast period.
Browse over XX market
data Figures spread through 110 Pages and an in-depth TOC on "Hand, Foot, and Mouth Disease Treatment Market"
The global hand, foot, and
mouth disease treatment is segmented into drug type, route of administration,
distribution channel, and company.
Based on drug type, the
market is divided into pain relievers, non-steroidal anti-inflammatory drugs,
and nucleoside analogue antivirals. The pain relievers segment is slated to
proliferate during the forecast period due to the easily availability and
cost-effective of these drugs.
Based on route of administration, the
market is divided into topical, oral, and intravenous. The oral segment is
expected to witness largest market share as it is the most convenient route.
Also, patient preference, and ease of
large-scale manufacturing of oral dosage forms are other reasons curbing the
segment growth.
Based on application, the
market is segmented into drug discovery & development, diagnostics,
agriculture & animal research, and others. The drug
discovery & development segment is anticipated to grow during the forecast
period. This is attributed to the growing research on diseases such as cancer,
chronic diseases, genetic disorders, and the reducing cost of sequencing.
Based on distribution
channel, the market is segmented into hospital pharmacies, retail pharmacies,
and online pharmacies. The online pharmacies segment is anticipated to grow
during the forecast period as they are convenient and patient privacy.
Major operating companies
operating in global hand, foot, and mouth disease treatment are:
- Johnson & Johnson
- GlaxoSmithKline plc.
- Emergex Vaccines Holdings Ltd
- Takeda Pharmaceutical Co Ltd
- CJ HealthCare Corp.
- Adimmune Corp
Download Free Sample Report
Customers can also
request for 10% free customization on this report.
“Asia-Pacific region dominates the
market in 2021 and is expected to maintain its dominance in the coming years
due to the rising occurrences of HFMD in children. Also, the early approval of
drugs, rising awareness programs for HFMD and increasing funding for clinical
trials, well-established healthcare infrastructure, and hub for new market players
in the region are expected to propel the global hand, foot, and mouth disease
treatment growth till 2027” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“Hand, Foot, and Mouth
Disease Treatment - Global Industry Size, Share, Trends, Opportunity, and
Forecast, 2017-2027 Segmented By Drug Type (Pain Relievers, Non-Steroidal
Anti-inflammatory Drugs, Nucleoside Analogue Antivirals), By Route of
Administration (Topical, Oral, Intravenous), By Distribution Channel (Hospital
Pharmacies, Retail Pharmacies, Online Pharmacies), By Company, and By Region”, has evaluated the future growth
potential of global hand, foot, and mouth disease treatment and provides
statistics & information on market size, structure, and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in global hand, foot, and mouth disease treatment
market.
Contact
Mr. Ken Mathews
708 Third Avenue,
Manhattan, NY,
New York – 10017
Tel: +1-646-360-1656
Email: [email protected]
Website: https://www.techsciresearch.com