Market Research Report
Global Cutaneous and Systemic Leishmaniasis Market - 2019-2026
|Published by||DataM Intelligence||Product code||845194|
|Published||Content info||130-180 Pages
Delivery time: 1-2 business days
|Global Cutaneous and Systemic Leishmaniasis Market - 2019-2026|
|Published: May 1, 2019||Content info: 130-180 Pages||
The global cutaneous and systemic leishmaniasis market was worth the US $XX billion in 2018 and is forecasted to reach US $XX billion by 2026, at a CAGR of XX% during the forecast period.
Cutaneous leishmaniasis is also known as oriental sore, tropical sore, Aleppo boil, Delhi Boil or desert boil. It is the most common form of leishmaniasis affecting humans. The cutaneous form presents with skin ulcers. It is a skin infection caused by a single-celled parasite that is transmitted by the bite of a phlebotomine sandfly. There are about twenty species of Leishmania that cause cutaneous leishmaniasis.
Research and development by prominent manufacturers of this market to introduce new drugs into the market, which are more effective as well as affordable is the key factor driving the global cutaneous and systemic leishmaniasis market. In addition, undergoing clinical trials, which are likely to receive regulatory approval along with increasing government spending on healthcare infrastructure is also estimated to boost the cutaneous & systemic leishmaniasis market. Rising prevalence of cutaneous & systemic leishmaniasis is expected to propel the market growth. According to WHO (World Health Organization), around 700,000 to 1 million new cases and some 26,000 to 65,000 deaths occur annually due to cutaneous and systemic leishmaniasis.
However, the treatment for cutaneous and systemic leishmaniasis is very expensive and can cause serious adverse effects such as vomiting, nausea, anorexia, myalgia, abdominal pain, headache, arthralgia, and lethargy and can rarely cause the severe reaction of fatal cardiac arrhythmia. Also, the WHO considers leishmaniasis as one of the main neglected diseases in the world. All these factors are hampering the global cutaneous and systemic leishmaniasis market growth.
Based on the indication the global Cutaneous and Systemic Leishmaniasis market is broadly segmented as cutaneous leishmaniasis, mucosal leishmaniasis, and visceral leishmaniasis. Among all these visceral leishmaniases accounted for major market share in 2018, and is projected to grow at a high CAGR over the forecast period (2019-2026). Due to increasing incidences of visceral leishmaniasis. Visceral leishmaniasis (VL) is characterized by recurrent bouts of fever, weight loss, enlargement of the spleen and liver, and anemia. According to WHO (World Health Organization), most cases occur in Brazil, East Africa and in South-East Asia, and approximately 50 000 to 90 000 new cases of VL occur worldwide every year.
The global Cutaneous and Systemic Leishmaniasis market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. Latin America and the Asia Pacific accounted for major market share in 2018 and is projected to grow at a high CAGR over the forecast period. It is owing to the high incidence rate of cutaneous & systemic leishmaniasis, in these regions. With a high percentage of disease incidence annually, the demand for drug-based products is estimated to grow significantly. In 2018, globally, the annual rate of cutaneous leishmaniasis (CL) was estimated to be 0.7 to 1.2 million new cases per year. Approximately 75% of cutaneous leishmaniasis is majorly reported in Afghanistan, Algeria, Brazil, Colombia, Costa Rica, Ethiopia, Islamic Republic of Iran, North Sudan, Peru, and the Syrian Arab Republic. Brazil represents approximately 90% of the VL cases in the Latin America region.
Significant players of the global cutaneous and systemic leishmaniasis market are GlaxoSmithKline Plc.; Gilead Sciences, Inc.; Profounda Pharmaceuticals; Knight Therapeutics Inc.; Janssen Global Services, LLC; Albert David Ltd; Jubilant Life Sciences Ltd; Novartis AG; Sanofi A.G; Bristol-Myers Squibb Company, and others. Majority of these prominent players are adopting few organic and inorganic strategies such as product launches, collaboration, and product agreements, and other key developments to enhance their product portfolio in the global cutaneous and systemic leishmaniasis market.