Toxoplasmosis Treatment Market Size to Achieve USD 1.09 billion by 2031, Fueled by a CAGR of 4.8%: Says Allied Market Research

Toxoplasmosis is an infection caused by common parasite, which is found in cat feces and in contaminated food. This parasite is known as Toxoplasma gondii. The symptoms of toxoplasmosis disease include body aches and pain, headache, fatigue, fever, and swollen lymph nodes. In addition, people with weakened immune system who receive chemotherapy, a previous toxoplasma infection may reactivate and cause the symptoms such as headache, confusion, poor coordination, and seizures.

Allied Market Research has just completed and published a study report with the title Toxoplasmosis Treatment Market Size was Valued at USD 683.1 million in 2021 and is Projected to Garner USD 1.09 billion by 2031, registering a CAGR of 4.8% from 2022 to 2031. The report provides an extensive analysis of changing market dynamics, major segments, value chains, competitive scenarios, and regional landscape. This research offers valuable guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.

Covid-19 Scenario

• The outbreak of the COVID-19 pandemic had a negative impact on the global toxoplasmosis treatment market, as it disrupted workflows in the healthcare sector across the world.
• The disease has forced a number of industries to shut their doors temporarily, including several sub-domains of health care.
• There had been a significant decrease in demand for toxoplasmosis during the pandemic. The significant reduction in clinical trials for toxoplasmosis treatment, owing to strict government guidelines against COVID-19 hampered the market growth. Decline in hospital visits, closing of borders, and confinement of the population affected the supply chains of these life-saving medical products in the toxoplasmosis treatment industry.
• However, the market has now been able to recover slowly and steadily.
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𝐖𝐡𝐚𝐭 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐜𝐞𝐧𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐓𝐨𝐱𝐨𝐩𝐥𝐚𝐬𝐦𝐨𝐬𝐢𝐬 𝐓𝐫𝐞𝐚𝐭𝐦𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭?

Increase in awareness about foodborne illness, surge in government support for healthcare infrastructure, rise in parasitic infection, and upsurge in use of Dara prim drug for the treatment of toxoplasmosis infections drive the growth of the global toxoplasmosis treatment market. However, side effects toxoplasmosis drugs such as toxic epidermal necrolysis, erythema multiforme, and hyperphenylalaninemia hinder the market growth. Moreover, rise in product launches for the treatment of toxoplasmosis disease is projected to provide the beneficial opportunities for toxoplasmosis treatment market growth.

Top Companies Of Toxoplasmosis Treatment:-

• Alvogen
• Dr Reddy's Laboratories Ltd.
• Teva Pharmaceutical Industries Limited
• Vyera Pharmaceuticals LLC
• Mangalam Drugs and Organics Ltd.
• Oakrum Pharma
• Kaiser Permanente
• Zorish Healthcare Private Limited
• Omicron pharmaceuticals
• Manus Aktteva Biopharma LLP
Toxoplasmosis Treatment Market Size Segmentation: -

By Type

• Acquired Toxoplasmosis
• Congenital Toxoplasmosis

By Route of Administration

• Oral
• Parenteral

By Distribution Channel

• Hospital Pharmacies
• Drug Stores and Retail Pharmacies
• Online Providers
Based on region, North America held the highest market share in terms of revenue in 2021, accounting for nearly two-fifths of the global toxoplasmosis treatment market, and is likely to dominate the market during the forecast period, owing to rise in cases of parasitic infection cause the toxoplasmosis disease. However, the Asia-Pacific region is expected to witness the fastest CAGR of 5.5% from 2022 to 2031. Increase in spending capabilities, owing to rise in awareness programs for toxoplasmosis disease.

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Our Market Research Solution Provides You Answer to Below Mentioned Question:

• Which are the driving factors responsible for the growth of market?
• Which are the roadblock factors of this market?
• What are the new opportunities, by which market will grow in coming years?
• What are the trends of this market?
• Which are main factors responsible for new product launch?
• How big is the global & regional market in terms of revenue, sales and production?
• How far will the market grow in forecast period in terms of revenue, sales and production?
• Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
• How will each segment grow over the forecast period and how much revenue will these segments account for in 2030?
• Which region has more opportunities?

By Region Outlook

North America
(U.S., Canada, Mexico)
Europe
(Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific
(Japan, China, India, Rest of Asia-Pacific)
LAMEA
(Brazil, Saudi Arabia, South Africa, Rest of LAMEA)

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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.