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Amebiasis Market on Track for Strong Growth, Estimated to Grow at 6.5% CAGR Through 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Amebiasis Market Through 2025?
The market for amebiasis has experienced significant expansion lately, projected to increase its valuation from $0.82 billion in 2024 to $0.88 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.6%; this historical upward trajectory is fundamentally driven by the rising frequency of amoebic infections observed in tropical zones, substandard sanitation and hygiene customs prevailing in emerging nations, greater volumes of global travel towards areas where the disease is endemic, enhanced public cognizance regarding the illness, and insufficient provision of potable water resources in agrarian locales.
What's the Projected Size of the Global Amebiasis Market by 2029?
Projections indicate that the market for amebiasis will experience significant expansion over the upcoming years, reaching a valuation of $1.13 billion by 2029, fueled by a compound annual growth rate (CAGR) of 6.5%; this upward trajectory during the projection timeframe is being driven by several factors, such as the increasing number of individuals with weakened immune systems, amplified efforts by governmental bodies to enhance sanitation standards and healthcare facilities, augmented funding directed toward discovering novel therapeutic approaches, a heightened emphasis on public health campaigns aimed at tackling parasitic infections, and a greater need for efficacious oral pharmaceuticals, while key developments shaping this period involve the wider implementation of combination treatment regimens, progress in vaccine creation, improvements in how medications are administered, forward leaps in pharmaceutical scientific discovery, and the invention of entirely new antiprotozoal agents.
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Top Growth Drivers in the Amebiasis Industry: What's Accelerating the Market?
Anticipation suggests that the surge in parasitic disease occurrences will act as a catalyst fueling the expansion of the amebiasis market moving ahead. These parasitic illnesses, stemming from organisms like protozoa, helminths, or external parasites that inhabit or feed off a host, utilize the host for sustenance. Such increases in parasitic infection instances are commonly linked to various elements including heightened global movement, shifts in weather patterns, inadequate hygiene standards, and the growing issue of therapeutic resistance, all of which facilitate the proliferation and endurance of these ailments. Amebiasis, specifically resulting from the Entamoeba histolytica parasite, adds to this burden of parasitic disease by infiltrating the intestinal tract, manifesting in discomforts like loose stools, stomach upset, and possibly more grave outcomes such as injury to tissues and abscess formations in the liver. To illustrate the scope, data released in January 2024 by the Animal and Plant Health Agency, a governmental body in the United Kingdom, showed that 1,071 diagnoses of Parasitic Gastroenteritis (PGE) were documented throughout 2022, encompassing 190 instances of haemonchosis and 95 instances of nematodirosis; the volume of haemonchosis cases reported in 2022 represented a notable upturn compared to figures from the preceding year, thus confirming that the rising frequency of parasitic infections is a key factor stimulating momentum within the amebiasis market sector.
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What Trends Will Shape the Amebiasis Market Through 2029 and Beyond?
Prominent players within the amebiasis treatment sector are concentrating efforts on innovating superior therapeutic options, exemplified by the creation of ready-to-use oral liquid metronidazole, aiming to enhance patient adherence to regimens and boost successful treatment outcomes. This pre-mixed liquid version of the antibiotic, employed against infections such as amebiasis, simplifies administration for individuals encountering difficulty with tablet ingestion. A concrete illustration of this trend occurred in November 2023 when the US pharmaceutical entity, Kesin Pharma Corporation, secured authorization from the U.S. Food and Drug Administration for Likmez (metronidazole) oral suspension, dosed at 500 mg/5 mL, establishing it as the inaugural readily available liquid metronidazole preparation. The suspension format caters especially well to pediatric populations, facilitating precise dosage administration for children and consequently improving commitment to prescribed therapy schedules. Furthermore, the liquid presentation grants adaptability in dosage calibration, permitting clinicians to tailor treatments according to specific patient requirements, notably when managing diverse severities of the ailment.
What Are the Main Segments in the Amebiasis Market?
The amebiasismarket covered in this report is segmented -
1) By Type: Metronidazole; Paromomycin; Tinidazole
2) By Route Of Administration: Oral; Intravenous
3) By Application: Hospital; Pharmacy
Subsegments:
1) By Metronidazole: Oral Metronidazole; Intravenous Metronidazole; Combination Therapy with Metronidazole
2) By Paromomycin: Oral Paromomycin; Paromomycin in Combination with Other Drugs
3) By Tinidazole: Oral Tinidazole; Tinidazole for Severe Infections
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Which Top Companies are Driving Growth in the Amebiasis Market?
Major companies operating in the amebiasis market are Pfizer Inc., Merck & Co. Inc., AbbVie Inc., Sanofi SA, Bristol-Myers Squibb Company, Thermo Fisher Scientific Inc., Novartis AG, F. Hoffmann-La Roche Ltd, Eli Lilly and Company, Takeda Pharmaceutical Company Limited, Boehringer Ingelheim International GmbH, Siemens Healthineers AG, Becton dic*kinson and Company, Teva Pharmaceutical Industries Ltd., Cipla Limited, Hikma Pharmaceuticals PLC, Lupin Limited, Cepheid Inc., Mission Pharmacal Company, Profounda Inc., Zydus Lifesciences Limited
Which Regions Will Dominate the Amebiasis Market Through 2029?
North America was the largest region in the amebiasis market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the amebiasis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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