Infectious Disease Treatment Market to See Incredible Growth During 2016 - 2024

Mild infection can be treated through prescribed medicines by physicians while life threatening infections may require hospitalization. Many infectious disease such as measles and chickenpox have been controlled through vaccination programs. Taking precautions such as creating clean environment, proper sanitization and thorough hand-washing also helps to protect individuals from most infectious diseases.

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Cholera infection re-entered Peru in 1996 and spread through the existing sanitation and water systems, causing over 3,000 deaths. Seafood exports were embargoed from Peru and tourism decreased, costing an estimated loss of at least US$ 770 Mn to the Peruvian economy in one year. International military networks such as the U.S. Department of Defense Global Emerging Infections System (DoD-GEIS), private clinics, individual scientists and public health practitioners are the networks which provide the formal information sources for the spread of infectious diseases. Easy approval from Food and Drug Administration (FDA) for drug regulation in market, and role of major key players also plays an important role for the infectious disease treatment market.

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The bacterial disease type segment is expected to witness remarkable growth in the global infectious disease market due to the increasing evolution of different microorganisms in different environmental conditions, unhealthy food habits among population, and increase in prevention care facilities for patients which will address to various research, other prevention methods, and education in order to prevent the epidemiology of infectious diseases. The parasitic disease and viral disease segment type is expected to register significant growth through 2024 due to the emergence of different mutation technologies and chemical utilization and upcoming research laboratories in emerging countries.

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Based on treatment type, antiparasite segment is expected to contribute largest share in global infectious disease treatment market by 2016 end owing to the evolution of different disease indication through parasites. For instance, Zika Virus is transmitted through mosquitoes. Based on diagnosis test type, the global infectious disease treatment market has been segmented into laboratory test, biopsies and imaging scans. Laboratory test segment is expected to contribute the maximum share among diagnosis test type segments. Based on the end user, hospital segment is projected to have the largest market share among other segments due to the availability of trained professionals, easy availability of diagnosis methods, and reimbursement policies for major treatment procedures.

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