Global Necrotizing Fasciitis Market Overview:
Necrotizing soft tissue infection is a rare but potentially fatal bacterial infection. It is capable of destroying the muscles, skin, and underlying tissue. The term "necrotizing" refers to something that kills body tissue. When bacteria enter the body, usually through a minor cut or scrape, necrotizing soft tissue infection develops. The bacteria begin to multiply and release toxins that kill tissue and reduce blood flow to the area. The bacteria that cause flesh-eating strep also produce chemicals that inhibit the body's ability to respond to the organism. When the tissue dies, the bacteria enters the bloodstream and spreads rapidly throughout the body. The necrotizing fasciitis market is primarily driven by the rising prevalence of cancer, diabetes, and an ageing population.
Attributes | Details |
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Study Period | 2017-202 |
Base Year | 2021 |
Forecast Period | 2022-202 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Necrotizing Fasciitis Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increasing Geriatric Population
- Increase In Incidence Of Necrotizing Fasciitis
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Restraints | - High Cost Of Treatments Of Necrotizing Fasciitis
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Road Blocks / Challenges | - Lack Of Awareness About Necrotizing Fasciitis
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Gaps & Opportunities | - Government Favorable Health Care Policies Lead To Increase In Affordability Of Various Health Care Treatments
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Competitive Landscape:
The market for Necrotizing Fasciitis is highly competitive with several global as well as local players in the market. The global players are trying various strategies such as product innovation and using various marketing strategies to gain a higher market share.
Some of the key players profiled in the report are Pfizer Inc. (United States), Merck & Co. (United States), WOCKHARDT (India), Atox Bio (Israel), Teva Pharmaceutical Industries (Israel), Basilea Pharmaceutica Ltd. (Switzerland) and MELINTA THERAPEUTICS, INC. (United States). Analyst at AMA Research see United States Players to retain maximum share of Global Necrotizing Fasciitis market by 202. Considering Market by Treatment, the sub-segment i.e. Surgical debridement will boost the Necrotizing Fasciitis market. Considering Market by Diagnosis, the sub-segment i.e. Clinical examination will boost the Necrotizing Fasciitis market. Considering Market by Symptoms, the sub-segment i.e. Fatigue will boost the Necrotizing Fasciitis market.
On 10 December 2020, Atox Bio announced that the U.S. Food and Drug Administration (FDA) has accepted to file the New Drug Application (NDA) for reltecimod with a Prescription Drug User Fee Act (PDUFA) date of September 30, 2021.
FDA warned that cases of a rare but serious infection of the genitals and area around the genitals have been reported with the class of type 2 diabetes medicines called sodium-glucose cotransporter-2 (or SGLT2) inhibitors. SGLT2 inhibitors are FDA-approved for use with diet and exercise to lower blood sugar in adults with type 2 diabetes.
What Can be Explored with the Necrotizing Fasciitis Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Necrotizing Fasciitis Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Necrotizing Fasciitis
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Necrotizing Fasciitis market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Necrotizing Fasciitis market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.