Press release
Clostridium Botulinum Market is estimated to be Growing at a high CAGR During 2018 to 2023
Clostridium botulinum is a bacterium which is responsible for a disease called botulism which results in paralysis. Some symptoms include brathing and speaking problems, vision and swallowing, weakness. Fatigue of limb muscles takes place due to the weakness. This bacterium releases a toxin which is the main cause of these symptoms apart from the bacterium itself.
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lack of cleanliness in certain regions of the world and increase in the awareness about disease and treatments, increase in R&D practices and availability of efficient solutions for botulism, owing to strong efforts by WHO and CDC, the disease is getting irradiated slowly, these are the factors helping the clostridium botulinum market to shine brightly.
The factors which are affecting the growth of the market are development of projects, government austerity and high cost of research.
Clostridium Botulinum Market Forecast Report (2018-2023)
Competitive pricing of Clostridium Botulinum Market will continue to be a major challenge for branded pharmaceuticals
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Clostridium Botulinum Market Segmentation
The market for Clostridium Botulinum is broadly categorized into product, end user and distribution channel. By product the market is classified into
botulinum toxin type A and
botulinum toxin type B.
By end user the market is divided into
Therapeutics and
Major share of the market is ought to be held by aesthetic market section.
By distribution channel the market is segmented into
retail pharmacies,
clinics and
On the basis of geography, the market is analysed under various regions namely
Europe,
Asia-Pacific,
North America, and
Rest of the World.
North America leads the Clostridium Botulinum market and Europe stands at second position with significant share in the market. Asia pacific market is expected to grow rapidly over the estimated forecast period.
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Major Players:
The major companies dominating this market for its products and services are
XOMA Ltd., DynPort Vaccine Company LLC,
Emergent BioSolutions, Inc.,
Cangene Corporation,
Morphotek, Inc.,
AlphaVax, Inc., and
Molecular Targeting Technologies, Inc.
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