Drugs for Schistosomiasis Market Segment by Application, Overview, Gross Margin and Forecast To 2022

Schistosomiasis is also called as bilharzias and snail fever. It is an acute and chronic disease. This disease is caused by bloodsucking flatworms known as schistosomes. In this disease, the intestines or the urinary tract may be contaminated. Symptoms of the Schistosomiasis include diarrhea, abdominal pain, blood in the urine, or bloody stool. Those who are being infected for prolong period may go through kidney failure, liver damage, bladder cancer, or infertility. In kids, the long term occurrence of this disease may affect as learning difficulty and poor growth. Schistosomiasis disease is spread out through contact with fresh water that is infected with the parasites.

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These parasites are ejected from infected freshwater snails. The disease is particularly common amongst kids in underdeveloped areas as they are more prone to play around infected water. Other people with elevated risk involve fishermen, farmers, and those people who use impure and unclear water for an everyday living. It belongs to the helminth infections group. For diagnosis, the test is done to find parasite eggs in a patient’s stool or urine. It can also be diagnosed by detecting antibodies in opposition to the disease in the blood.

The global drug for schistosomiasis market is anticipated to witness steady growth over the forecast period of 2017 to 2022 with decent compound annual growth rate. The driving factors for the growth of the global drugs for schistosomiasis market are; lack of safe drinking water in emerging countries, the rise in occurrences of schistosomiasis, and insufficient healthcare facilities in remote regions. Presence of large patient pool and unmet medical needs are anticipated to provide lucrative growth opportunities for the global drug for schistosomiasis market over the forecast period. However, factors like the high price of drugs, strict approval method and lack of knowledge and access to the appropriate medicines might restrain the growth of the global drugs for schistosomiasis market in near future.

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The key market players in the global drugs for schistosomiasis market are Taj Pharmaceuticals Limited, Bayer AG, Shin Poong Pharm Co., Ltd., Chandra Bhagat Pharma Pvt. Ltd., Merck & Co., Inc. and Egyptian International Pharmaceutical Industry Co. (EIPICO). According to product types, the market industry is split into; Praziquantel, Oxamniquine and Other. By application, the global market is classified as; Mansoni, Haematobium, Japonicum, Intercalatum, and Mekongi. Geographically, the global drugs for schistosomiasis market is segmented into regions which are; Southeast Asia, Asia-Pacific, North America, Europe and Rest of the world.

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