About Leprosy Treatment
Leprosy is a disease caused by the bacteria Mycobacterium leprae or Mycobacterium lepromatosis, which causes granulomas in the nerves, respiratory tract, and other organs. Granulomas can cause a loss of pain perception, particularly in the extremities, such as the finger tips. The nerves, skin, eyes, mucosa (of the mouth, nose, and pharynx), kidneys, testes, reticulo-endothelial system, and voluntary smooth muscles of the human body are the most affected. Leprosy symptoms are easy to recognize. Skin lesions with no feeling, as well as thickened or damaged nerves, are examples. Paucibacillary leprosy and multibacillary leprosy are the two types of leprosy.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 2.8% |
The players in the market are focusing on the development of economic printers for household applications. The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on the production technologies, efficiency enhancement, and product life. There is various growth opportunity in this market which is captured by leading players via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that Global Players will contribute the maximum growth to Global Leprosy Treatment market throughout the forecasted period. 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.
Glaxo Smithcline (United Kingdom), Cadila Pharmaceuticals (India), Acme Pharmaceuticals (India), Indian Drugs and Pharmaceuticals (India), Novartis International AG (Switzerland), Astra Zeneca (United Kingdom), Lark Laboratories Ltd (India), GlaxoSmithKline (United Kingdom), Sanofi (France) and Apotex (Canada) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Macleods Pharmaceuticals (India) and Systopic Laboratories (India).
Segmentation Overview
AMA Research has segmented the market of Global Leprosy Treatment market by Type (Borderline Tuberculoid, Tuberculoid, Borderline, Histoid and Others) and Region.
On the basis of geography, the market of Leprosy Treatment 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 Drug Type, the sub-segment i.e. Antibacterial will boost the Leprosy Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Leprosy Type, the sub-segment i.e. Multibacillary Leprosy will boost the Leprosy Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Hospitals will boost the Leprosy Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Patient Pool of Leprosy in Asia-Pacific
Market Growth Drivers:
Favorable Government Initiatives and Availability of Favorable Reimbursement Policies for High-Cost Therapies
Challenges:
High cost of product
Restraints:
Low Health Care Expenditure and Least Availability of Medical Facilities
Opportunities:
New Treatment Options Available for Leprosy Treatment
Market Leaders and their expansionary development strategies
In February 2023, Novartis renewed its partnership with WHO to eradicate leprosy. A renewed partnership agreement signed by Novartis and the World Health Organization (WHO) will drive the global push toward making leprosy history.
In AUGUST 2023, the Zonal Leprosy Office Jammu, in Collaboration with NGO SUPPORT, launched a sustained campaign aimed at making Jammu Province 100% leprosy free & eradicating social stigma about the disease in the society. and The Awareness Campaign was launched by Dr Sushma Matto, Zona; Leprosy Officer Jammu Province along with Dr Monika Kotwal BMO R S Pura & Chairperson NGO SUPPORT Dr Navneet Kour by organizing a workshop.
According to WHO - The guidelines recommend a 3-drug regimen of rifampicin, dapsone and clofazimine for all leprosy patients, with a duration of treatment of 6 months for PB leprosy and 12 months for MB leprosy.
Key Target Audience
Manufacturers of Leprosy Drug, Suppliers of Leprosy Drug, Wholesalers, Distributors and Retailers of Leprosy Drug, Healthcare Industry, Pharmaceutical Industry and Regulatory Bodies
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.