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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Neglected Tropical Disease Treatment Market Outlook
The global neglected tropical disease treatment market is expected to grow at a CAGR of 6% over the forecast period of 2024-2032.
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It is expected that the initiatives undertaken by several organisations worldwide to raise understanding and access to medicines for neglected tropical diseases will fuel the growth of the global neglected tropical disease treatment market. The growing prevalence of neglected tropical diseases has given rise to awareness-raising and the increased investment in the R&D sector to develop drugs for its treatment.
Market Segmentation
Neglected tropical diseases are a group of tropical infections, which are widespread in low-income communities, particularly in developing regions like Africa and Asia. These are caused by a variety of pathogens, including viruses, bacteria, protozoa, and helminths.
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The global neglected tropical disease treatment industry can be divided based on segments like types and regions.
The industry can be broadly categorised based on its types into:
- Antiparasitic Drugs
- Antibacterial Drugs
- Antiviral Drugs
The EMR report looks into the regional neglected tropical disease treatment markets like North America, Latin America, Europe, the Asia Pacific, and the Middle East and Africa.
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Market Analysis
Some of the root causes of neglected tropical diseases are the lack of proper hygiene, the lack of basic services such as clean water, and inadequate steps to prevent diseases. The governments across the nations are taking concerted measures to reduce the spread of neglected tropical diseases. India's Stop Dengue campaign aims to reduce dengue-related mortality and morbidity in the country by motivating people to adopt better health practices. In addition, organisations such as WHO are supporting the nation by providing free bed nets to reduce the number of malaria cases. These factors are expected to support the development of the global market for neglected tropical disease treatment in the future.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global neglected tropical disease treatment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Bayer AG
- F. Hoffmann-La Roche Ltd
- GlaxoSmithKline plc
- Novartis AG
- Pfizer Inc.
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 6% between 2023 and 2032.
The major drivers of the industry include government intervention for hygiene and monetary and non-monetary help from major international non-governmental organisations like the WHO.
The rising awareness-raising and the increased investment in the R&D sector is expected to be a key trend guiding the growth of the industry.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The types of neglected tropical disease treatment available are antiparasitic drugs, antibacterial drugs, and antiviral drugs.
The leading players in this market are Bayer AG, F. Hoffmann-La Roche Ltd, GlaxoSmithKline plc, Novartis AG, and Pfizer Inc., amongst others.
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