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Lead Poisoning Drugs Market to Observe Strong Development by 2025
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The global lead poisoning drugs market is foreseen to develop at a fast CAGR within the forecast period. In a report by IHME in 2015, it was assessed that lead poisoning resulted in around 494,500 deaths, comprehensively; in this manner, such high occurrence of lead poisoning is estimated to drive the development of the overall lead poisoning drugs market in forthcoming years. Use of leaded fuel, lead based house paints, lead acid engine batteries and so forth are among the factors driving the growth of lead poisoning drugs market by the end of 2025. Exposure of youngsters to lead polluted soil, and consumption of lead containing products are among the major factors causing lead poisoning in developing nations which can drive the demand for lead poisoning drugs market, globally. In any case, a few factors, for example, absence of awareness about the signs and side effects of lead in numerous areas can limit the development of the market amid the conjecture time frame.
The global lead poisoning drugs market is divided on the basis of drug class, type, end users, and regions. As per the lead poisoning type, the global lead poisoning drugs market is bifurcated into mild and severe lead poisoning. Based on drug class, the market is categorized into chelating agents and antidotes. Among these, chelating agents segment is foreseen to lead with maximum share of lead poisoning drugs market within forecast period because of elimination of the lead via urine.
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Geographically, North America is likely to dominate the overall lead poisoning drugs market in the coming years. In the U.S, lead was utilized as a part of paints and numerous different items; consequently, lead is available in old houses and also in nature which is another main factor driving the development of lead poisoning drugs market in the region. Besides, rise in healthcare infrastructure, and improved healthcare services are also fuelling the global lead poisoning drugs market in region of North America.
Some of the leading players in the global lead poisoning drugs market include SGPharma Pvt. Ltd., Recordati Rare Diseases Inc., Taj Pharmaceuticals Limited., Triveni Chemicals, Avalon Pharma Private Limited, Imprimis Pharmaceuticals, Inc., and so on
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