Press release
Global Rubella Treatment Market - Industry Trends and Forecast to 2029
Global Rubella Treatment Market - Industry Trends and Forecast to 2029The global rubella treatment market is expected to witness significant growth during the forecast period. Growing occurrences of rubella is a direct consequence of the high transmission ability of togavirus through air. Rubella infection usually affects children and adults. The disease has severe effects on pregnant women, leading to fetal death or congenital defects. As per the World Health Organization records, 168 out of 194 countries introduced rubella vaccines in their health programs, and the global coverage was around 69 % as of December 2018. COVID-19 also had a major impact on the market growth.
Data Bridge Market Research analyses a growth rate in the rubella treatment market in the forecast period 2022-2029. The expected CAGR of rubella treatment market is tend to be around 6.50% in the mentioned forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Diagnostic tests such as flow cytometry, monoclonal antibodies, immunoassays, latex slide agglutination test, serological testing, and clinical evaluation are boosting the growth of the market. These tests are characteristically prescribed for pregnant women and also for women planning to conceive. These tests may also be conducted for babies having congenital defects. Thus, it boosts the market growth.
Growing Government Initiatives
Numerous government initiatives relating to research and development of advanced diagnostic techniques in developing countries such as China and India are performed, which is anticipated to boost the market growth in the near future. This boost the growth of the market.
Opportunities
Rising Demand of MMR Vaccines
Growing demand for measles, mumps and rubella (MMR) vaccines for the protection of children against rubella and the launch of advanced point-of-care diagnostic technologies such as BioPlex 2200 MMRV (varicella zoster, rubella, mumps and measles virus) by Bio Rad Laboratories are moreover creating growth opportunities for the global rubella market.
Increasing Demand for Retail Pharmacies
The rise in the number of perinatal infections therapeutics delivered through retail pharmacies and more retail pharmacies in developed countries create opportunities for the market expansion. Additionally, patients choose retail pharmacies over other types for purchasing drugs, as these are easily accessible.
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