Balantidiasis Market Scope
Balantidiasis is the infection caused by the Balantidium coli, which is the intestinal protozoan parasite. Humans and other mammals can become infected with Balantidium coli by ingesting infective cysts from water and food that is contaminated by feces. Mostly asymptomatic, Balantidium infection can cause such symptoms as abdominal pain and diarrhea. Balantidium coli is found throughout the world, but it is most prevalent in tropical and subtropical regions and developing nations. Because pigs are an animal reservoir, human infections occur more commonly in areas where pigs are raised, especially if good hygiene is not practiced. Tetracycline, a common antibiotic drug, is commonly prescribed in the treatment of Balantidiasis
According to AMA, the Global Balantidiasis market is expected to see growth rate of 2.0%In this market, companies are completely focused on research and development to develop drugs or devices. The companies are exploring the market in new regions by expansions, investments, collaboration, and partnership as their preferred strategies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Balantidiasis market throughout the predicted period.
Fougera Pharmaceuticals Inc. (United States), Koninklijke Philips N.V. (Netherlands), Johnson & Johnson Services Inc., Abbott (United States), Medtronic (Ireland), Pfizer Inc. (United States), Nurotron Biotechnology Co. Ltd., Sonova Holding AG (Switzerland), C.R. Bard Inc., 3M (United States) and NuVasive, Inc. are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Microport Scientific Corporation (China), Akorn, Inc. (United States), Globus Medical, Inc., Sandoz International GmbH (Germany) and MED-EL (Austria).
Segmentation Overview
The study have segmented the market of Global Balantidiasis market by Type (Tetracycline, Iodoquinol, Metronidazole and Others), by Application (Hospitals, Diagnostic Centers, Clinics and Others) and Region with country level break-up.
On the basis of geography, the market of Balantidiasis has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Upsurging Demand for Antibiotics for the Balantidiasis Treatment
Market Growth Drivers:
Increasing Prevalence of Gastrointestinal Disorders and Availability of Treatment of Balantidiasis
Challenges:
The Dearth of Skilled Healthcare Providers and Adverse Effects Associated with Drugs
Restraints:
Competition among Existing Market Players
Opportunities:
Rising Awareness about the Diseases Transmitted Through Fecal-Oral Route, Growing Demand for Balantidiasis Prevalence’s across the Developing Nations, and Rise in prevalence of balantidiasis infection, surge in the trend of swine farming , increase in analysis & development activities for the diagnosis of the disease
Market Leaders and their Expansionary Development Strategies
Medtronic plc, the global leader in medical technology, announced that it has completed its friendly tender offer for France-based Medicrea International a pioneer in the transformation of spinal surgery through artificial intelligence (AI), predictive modeling and patient specific implants.
Abbott has launched its third test for coronavirus (COVID-19) and is shipping tests to hospitals across the U.S. The test is a serology test – also called an antibody test – which could be a critical next step in battling this virus.
Key Target Audience
Drug Manufacturers, Drug Suppliers, Medical Research Laboratories, Research and Development (R&D) Companies, Market Research and Consulting Service Providers, Potential Investors and Others
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.