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Geographic Tongue Market Size and Top Key Player by 2023

01-30-2018 12:27 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Geographic Tongue Market Size and Top Key Player by 2023

The Global Geographic Tongue Market is estimated to grow at an Approximate CAGR of 10.6% from 2017 to 2023.

Geographic tongue or migratory glossitis is a benign condition which is characterized by the inflammation of the tongue. Under normal conditions the tongue is covered by a layer of small bumps-papillae, which tend to be missing in this medical condition. The symptoms for geographic tongue are inclusive of general discomfort of the tongue or mouth and soreness or a burning sensation of the tongue, which is often worsened by spicy or acidic foods.

The susceptibility of geographic tongue is high in patients with psoriasis. Moreover, it is estimated that the geriatric population is more frequently diagnosed for the same condition. Thus, the increasing prevalence of the psoriasis along with the growing geriatric population are the major drivers for the market growth.

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According to the International Federation of Psoriasis in 2016, approximately 3% of the world’s population suffer from psoriasis accounting to more than 125 million people across the globe. According to the World Health Organization the global geriatric population is growing and is estimated to reach a 1.5 billion by 2050 from 524 million in 2010.

Additionally, growing oral healthcare expenditures are estimated to fuel the market growth during the forecast period. However, lack of awareness along with the limited availability of the treatment procedures and low per capita healthcare expenditure in the middle and low income countries are estimated to restrain the market growth during the forecast period.

Most Prominent Player:

Quest Diagnostics (U.S.), Sonic Healthcare (Australia), Merck KGaA (Germany), Jost Chemical Co. (U.S.), Pfizer Inc. (U.S.), AstraZeneca (U.S.), F. Hoffmann-La Roche Ltd (Switzerland), Abbott (U.S.), Danaher (U.S.) and others are some of the key players in the global geographic tongue market.

Regional Analysis

America dominates the global geographic tongue market owing to the presence of the developed healthcare sector and rising patient population for diseases like psoriasis. Moreover, increasing per capita healthcare expenditure followed by the presence of the developed economies like U.S. and Canada within the region boosts the market growth during the forecast period.

Europe stands second in the global geographic tongue market. Rising research and development in healthcare sector, increasing government funding and presence of huge patient population are the major drivers for the market growth within the region. According to a study published in the Archives of Dermatological Research in 2016, the prevalence of the psoriasis in Germany was about 2.5% affecting 2.0 million people within the region.

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Asia Pacific region holds the fastest growing market. The region is marked with increasing healthcare expenditures and developing pharmaceutical & biotechnological sector and growing geriatric population. This, along with the presence of the developing economies like India and China provide huge opportunities for the market growth.

The Middle East & Africa hold the least share in the global geographic tongue market, which is attributed due the absence of developed healthcare services, especially in the African Region. A majority of the market share within this region is held by the Middle East. This can be attributed due to the huge healthcare expenditures by the developed economies like Kuwait, Qatar, Dubai and others within the region.

Brief TOC

Report Prologue
Market Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Global Geographic Tongue Market, by Diagnosis
Global Geographic Tongue Market, by Treatment
Global Geographic Tongue Market, by End User
Global Geographic Tongue Market, by Region
Company Landscape
Company Profiles
MRFR Conclusion
Appendix

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Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com

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