PUBLISHER: Orion Market Research | PRODUCT CODE: 1159210
PUBLISHER: Orion Market Research | PRODUCT CODE: 1159210
Global Eosinophilic Esophagitis Treatment Market Size, Share & Trends Analysis Report By Product (Budesonide Oral Suspension, Fluticasone ODT, Mepolizumab, Reslizumab, Benralizumab, and Others), By Diagnosis (Upper Endoscopy, Esophagus Biopsy, and Blood Tests), and By Treatment (Dietary Therapy, Medication, and Dilation) Forecast, 2022-2028
The global eosinophilic esophagitis treatment market is anticipated to grow at a substantial CAGR of 6.4% during the forecast period. The market is set to display impressive growth during the forecast period with some key trends emerging, such as the increased reimbursement scenario in eosinophilic esophagitis along with the growing usage of proton pump inhibitors across the globe. Additionally, increasing awareness programs for eosinophil-associated disorders is also estimated to be the prime factor affecting and impacting the growth of the market.
The global eosinophilic esophagitis treatment market had been positively affected during the COVID-19 pandemic as most of the economic activities were halted during Q1 and Q2 2020. The temporary shutdown of every manufacturing unit had adversely impacted, the growth of the market. However, a various initiative taken by government across the globe is improving market growth.
The global eosinophilic esophagitis treatment market is segmented based on product, diagnosis, and treatment. By product, the market is segmented into budesonide oral suspension, fluticasone ODT, mepolizumab, reslizumab, benralizumab, and others. Further, based on the diagnosis segment, the market is segmented into upper endoscopy, esophagus biopsy, and blood tests. Based on the treatment segment, the market is divided into dietary therapy, medication, and dilation.
Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is having a significant share in the market for eosinophilic esophagitis treatment. Improving and increasing awareness regarding eosinophilic esophagitis which was once a stronghold of the US and a few European economies such as France, Italy, and Germany is set to expand in emerging economies. The increasing healthcare developments among the population in the Asian economies of Japan, South Korea, Taiwan, and China, which involve the highest degree of innovations, is set to increase the demand for the eosinophilic esophagitis treatment market.
The prominent players functioning in the global eosinophilic esophagitis treatment market include AstraZeneca, Bristol-Myers Squibb, Dr Falk Pharma, Novartis AG, Regeneron Pharmaceuticals, Inc., and Teva Pharmaceuticals Industries Ltd. among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships, and collaborations, and many others to thrive in a competitive environment. For instance, in October 2018, one of the companies named Dr Falk Pharma had introduced across the UK its Jorveza which is considered as the first globally licensed drug approved for eosinophilic esophagitis.
Research Methodology
The market study of the global eosinophilic esophagitis treatment market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include:
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers: