About Neglected Tropical Diseases
Neglected Tropical Diseases (NTDs) are a category of tropical infections that are prevalent in low-income communities in Africa, Asia, and the Americas. Viruses, bacteria, protozoa, and parasitic worms are among the pathogens that cause them. These diseases are compared with the major three infectious diseases (HIV/AIDS, tuberculosis, and malaria), which are treated and researched more extensively. The combined impact of these diseases in Sub-Saharan Africa is equivalent to malaria and tuberculosis. Neglected tropical diseases impact the poorest members of society in developing nations. The burdens of neglected tropical diseases are frequently overshadowed by other public health problems in countries like these. Many of the same questions, however, put populations of developed and emerging countries at risk. As the research and awareness about these diseases increase, the demand and capacity for their treatment are also increasing.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
F. Hoffmann-La Roche Ltd (Switzerland), Bayer AG (Germany), GSK (United Kingdom), Novartis AG (Switzerland), Pfizer, Inc. (United States), Eisai Co. Ltd. (Tokyo), Sanofi (France), Astellas Pharma (Japan), Takeda Pharmaceutical Company Limited (Japan) and Gilead Sciences (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Neglected Tropical Diseases market by and Region.
On the basis of geography, the market of Neglected Tropical Diseases 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). If we see Market by Therapy, the sub-segment i.e. Drugs will boost the Neglected Tropical Diseases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Disease, the sub-segment i.e. Buruli Ulcer will boost the Neglected Tropical Diseases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Age, the sub-segment i.e. Adults will boost the Neglected Tropical Diseases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Tests, the sub-segment i.e. General Check-up will boost the Neglected Tropical Diseases market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Donations for The Treatment of Neglected Tropical Diseases and Growing Awareness About Economic Impact of Neglected Tropical Diseases
Market Growth Drivers:
Huge Amount of Population Which Needs Treatment of Neglected Tropical Diseases and WHO Campaigns And Funding Driving The Neglected Tropical Diseases Market
Challenges:
Drug and Treatment Delivery to Remote Areas Is Challenging and As Profit Is Less in The Treatment of Neglected Tropical Diseases There Is Lack of Efforts by Companies
Restraints:
The inability of Many Nations States to Pay Attention to Neglected Tropical Diseases
Opportunities:
Increasing Number of Policies to Curb Neglected Tropical Diseases and Growing Quality of Health Infrastructures in Nations Like China and India
On 5th April 2018, Takeda Pharmaceutical Co., Ltd. and the Drugs for Neglected Diseases initiative have announced a collaboration to perform preclinically and phase I clinical trials on drug candidate compounds found in the aminopyrazole compound class, with the aim of creating a novel drug for the treatment of visceral leishmaniasis. They will contribute to the advancement of therapies for Neglected Tropical Diseases through this program.
WHO has provided guidelines for the use of ferritin concentrates to access iron status in individuals and populations. These guidelines are regarding the use of Ferritin which is used to tackle iron deficiency in the population. According to guidelines- “Ferritin concentration is a good marker of iron stores and should be used to diagnose iron deficiency in otherwise apparently healthy individuals. In individuals with infection or inflammation, a ferritin concentration below 30 μg/L in children and 70 μg/L in adults may be used to indicate iron deficiency”
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Neglected Tropical Diseases Treatment Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.