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Urinary Tract Infection Therapeutics Market: Industry Insights, Challenges, Potential Revenue, Cost Structure and Top Key Players (Pfizer, Boehringer Ingelheim, Bayer Ag, Novartis Ag, F. Hoffmann-la Roche, Johnson & Johnson, Cipla ) | Global Future Prospe
Marketprognosis.com Publish a New Market Research Report On “Global Urinary Tract Infection Therapeutics Market 2018 - 2023” which contains global key player’s survey information and forecast to 2023.Overview of the Global Urinary Tract Infection Therapeutics Market:
The Global Urinary Tract Infection Therapeutics Market is expected to register a CAGR of 3.5% during the forecast period 2018 to 2023. North America dominates the market due to high Urinary Tract Infection (UTI) detection along with increasing diabetes prevalence in the region.
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According to World Health Organization (WHO), in 1980 there were 108 million people suffering from diabetes, this number increased to 422 million in 2014. While the prevalence of diabetes in adults increased from 4.7% in 1980 to 8.5% in 2014. This trend of increment in diabetes prevalence rate among adults is expected to continue in the forecast period. Therefore with increasing prevalence, the number of UTI increases, and with increase in UTI, the demand for drugs increases. Thus increasing prevalence of diabetes worldwide is expected to act as a major driver for the global urinary tract infection therapeutics market.
In addition, launch of combination drugs which are more effective and increasing geriatric population are also expected to boost the growth of urinary tract infection therapeutics market.
According to Centers for Education & Research on Therapeutics, over 2 million cases of Adverse Drug Reactions (ADRs) are reported every year, out of which there are approximately 100,000 deaths. According to FDA, it is also estimated that each year over 350,000 ADRs occur in U.S nursing homes alone. With such increasing cases of ADRs being reported in every corner of the globe, there is averseness among population for the adoption of drugs, which is acting as a major restraint for the urinary tract infection therapeutics market.
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The Urinary Tract Infection Therapeutics market is segmented by Drug type, Indication type and geography. By geography it is segmented into North America, Europe, Asia-Pacific, the Middle East and Africa and South America.
North America dominates the urinary tract infection therapeutics market due to high UTI detection along with increasing diabetes prevalence in the region. Europe is also expected to boost the UTI therapeutics market owing to increased accessibility to healthcare facilities along with high UTI prevalence among the population.
Major Key Players:
1 Pfizer Limited
2 Boehringer Ingelheim
3 Bayer Ag
4 Glaxosmithkline Plc
5 Novartis Ag
6 F. Hoffmann-la Roche Ltd
7 Johnson & Johnson
8 Astrazeneca
9 Cipla Inc
10 Merlion Pharma
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This study answers to the below key questions:
1 What will the market size be in 2023 and what will the growth rate be?
2 What are the key market trends?
3 What are the challenges to market growth?
4 Who are the key players in this market?
5 What are the market opportunities and threats faced by the key players?
In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Urinary Tract Infection Therapeutics Market.
Table of Contents:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Key Inferences
5 Market Overview
6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)
7 Market Segmentation
8 Competitive Landscape
9 Key Players
10 Future Outlook of the Market
About us:
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.
Contact us:
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India.
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