Press release
Q Fever Market 2019 Sprouting at CAGR 6.3% By Top 10 Pivotal Players Yashica Pharmaceuticals Private Limited ,Merck & Co. ,Atox Bio , Teva Pharmaceutical Industries , Basilea Pharmaceutica Ltd.
Industry Report “Q Fever Market Research Report – Forecast to 2023” provides a clear picture of the Current Market Scenario which includes past and estimated future size with respect to value and volume, technological advancement, macro economical and governing factors in the market.Global Q Fever Market- Highlights
Q Fever is a rare disease, caused due to the infectious bacterium Coxiella Burnetii. The chronic Q fever is considered as the deadliest as it can damage liver, heart, brain, and lungs, causing diabetes also in some cases.
Although the disease is not borne out of sedentary lifestyle completely, and the infection can surface after some years, following & adhering to a healthy lifestyle certainly helps to ease the conditions. Over the past few years, owing to the trend of the inactive lifestyle, the prevalence of this Q Fever is growing with an alarming number.
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And so is the market for Q Fever is pervasively increasing. Additionally, technological advancements transpired in the medical science backed by the substantial investments in the R&D activities for the innovation & development of the medical devices, treatments & medicines foster the market growth excellently, escalating the market growth on the global platform.
Competitive Analysis
The market of Q Fever is fiercely competitive & fragmented owing to the numerous matured & small key players along with the new entrants forming a competitive landscape. These market players try to gain competitive advantage through strategic partnership, acquisition, expansion, collaboration, product & technology launch. Heavy investments are made in the R&D to develop the vaccine.
Global Q Fever Market- Growth and Analysis
Acknowledging the exponential growth the market perceives currently and the potential of the market to grow further; Market Research Future (MRFR), in its recently published market forecast asserts that the global Q Fever market will grow exponentially by 2023, registering a striking CAGR of 6.3% throughout the forecast period (2017 – 2023).
Factors predominantly driving the market growth include increasing prevalence of chronic diseases, heart diseases, coupled with the increasing geriatric populace and increasing number of patients suffering from a various bacterial infection.
Besides, factors that largely contribute to the market growth include growing population, urbanization and heady lifestyle. Improving economic conditions, globally are fuelling healthcare expenditures and the market growth, availing access to the excellent healthcare.
Conversely, lack of awareness among patients towards the availability of treatments for Q Fever is a key factor likely to impede the market growth in the future. Also, factors such as unmet clinical needs along with the unavailability of external funding; are inhibiting the market growth, especially in the developing regions.
Besides, the high cost of treatment and diagnostic tests coupled with the strict regulatory rules are posing challenges the market growth in some regions.
Detailed Market Segments
The Q Fever Market can be segmented into five key dynamics for the convenience of the report and enhanced understanding;
By Types : Comprises Acute Q Fever and Chronic Q Fever.
By Diagnosis : Imaging Tests (echocardiography, & X-ray, others) and Blood Test, among others.
By Treatments : Antibiotics and Surgery among others.
By End Users : Diagnostic Centers, Hospitals & Clinics, and Surgical Centers among others
By Regions : North America, Europe, APAC and Rest of the World.
Global Q Fever Market - Regional Analysis
The North America market leads the global Q Fever market with the significant market share. Factors substantiating the regional market growth include rising emphasis on diagnosis and treatment of rare diseases and the increasing awareness towards bacterial infection.
Moreover, the presence of some of the matured market players fuels the market growth. Attributing to the prevalence of chronic and cardiovascular diseases, the US accounts for the major contributor to the regional market growth.
Europe & Asia Pacific is the second & third largest market respectively in the global Q Fever market. Expected to be a fastest growing market, Asia Pacific region is estimated to proliferate over the projected period.
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Increasing healthcare expenditures along with favorable government policies of developing economies like India and China foster the market growth in APAC.
While the world’s second-largest market of Q Fever, Europe is predominantly driven by the availability of funds for research, well-developed healthcare infrastructure, substantial patient population, & government support for research & development.
Besides, economies such as the UK & Germany, which have high healthcare expenditures, propel the growth of the Europe market. Furthermore, factors such as availability of advanced treatment facilities, extensive R&D activities for the treatment of rare diseases, boost the regional market growth.
The Middle East & Africa own a tiny share in the global Q Fever market. The reason could be the least contribution, mainly from Africa due to the poor economy, low per capita healthcare expenditure and stringent government policies.
The Middle East market of Q Fever, on the other hand, is witnessing a spurting growth owing to the proliferation of healthcare developments. Massive investments are transpired in healthcare facilities. Favorable policies, initiatives, and funding by the government are playing a key role in the market growth.
Some Points form Table of Content
1 Introduction
1.1 Definition
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions & Limitations
1.2.2.1 Assumptions
1.2.2.2 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Process
2.2 Primary Research
2.3 Secondary Research
3 Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Macroeconomic Indicators
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Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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