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Toxoplasmosis Treatment Drugs Market Size, Share, Industry Trends And Forecast To 2023-2032
Toxoplasmosis Treatment Drugs Market Report
The Business Research Company's Toxoplasmosis Treatment Drugs Global Market Report 2023 identifies the rising prevalence of toxoplasmosis infections as the major driver for the toxoplasmosis treatment drugs market's growth in the forecast period. Toxoplasmosis is a generic term for infection and sickness brought on by the protozoan parasite Toxoplasma gondii in humans and animals. Toxoplasmosis infection increases the need for pyrimethamine, spiramycin, and leucovorin drugs used to treat patients with a particular type of toxoplasmosis, which boosts the toxoplasmosis treatment drug market.
The global toxoplasmosis treatment market is expected to grow from $2.96 billion in 2022 to $3.16 billion in 2023 at a compound annual growth rate (CAGR) of 6.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global toxoplasmosis treatment is expected to reach $3.93 billion in 2027 at a CAGR of 5.6%.
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Major competitors in the toxoplasmosis treatment drugs market are Pfizer Inc., Johnson & Johnson, F. Hoffmann-La Roche AG, Roche Holding AG, Merck & Co. Inc.
A key trend in the toxoplasmosis treatment drugs market includes product innovations. Major companies operating in the toxoplasmosis treatment drug market are developing advanced products to sustain their position in the market. For instance, in March 2020, Dr. Reddy's Laboratories, an India-based pharmaceutical company, launched Pyrimethamine Tablets approved by the US Food and Drug Administration, a US-based government agency. It is a first-wave generic version of Daraprim (pyrimethamine) tablets recommended for treating toxoplasmosis when combined with a sulfonamide due to its synergistic effects.
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The toxoplasmosis treatment drugs market is segmented -
•By Drug Class: Pyrimethamine, Spiramycin, Leucovorin, Sulfadiazine, Folic Acid, Other Drug Class
•By Indication: Chronic Toxoplasmosis Infection, Acute Toxoplasmosis Infection
•By Route of Administration: Parenteral, Oral
•By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the toxoplasmosis treatment drugs market.
The Business Research Company's "Global Toxoplasmosis Treatment Drugs Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Toxoplasmosis Treatment Drugs Market Include:
1. Executive Summary
2. Toxoplasmosis Treatment Drugs Market Characteristics
3. Toxoplasmosis Treatment Drugs Market Trends And Strategies
4. Toxoplasmosis Treatment Drugs Market - Macro Economic Scenario
5. Global Toxoplasmosis Treatment Drugs Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Toxoplasmosis Treatment Drugs Market Competitive Benchmarking
33. Global Toxoplasmosis Treatment Drugs Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Toxoplasmosis Treatment Drugs Market
35. Toxoplasmosis Treatment Drugs Market Future Outlook and Potential Analysis
36. Appendix
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