Market Research Future (MRFR) announces the publication of its research report – Global Q fever market, 2017-2023, Q fever: Increasing prevalence of bacterial infection and chronic diseases drive the growth of the global market at CAGR of 6.3% during 2017 to 2023
The global Q fever market is expecting a steady growth during the forecasted period. Growing geriatric population, increasing prevalence of infectious diseases, and technological advancement in surgery have driven the market growth. Moreover, increasing healthcare expenditure, and rising demand for the better treatment have fueled the growth of the market. However, lack of awareness about the disease in developing economies and poor reimbursement policies in developed countries may slow the growth of this market.
Taste the market data and market information presented through more than 115 market data tables and figures spread over 105 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Q fever market research report–Global forecast till 2023.”
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Some of the key players in Q fever market are Yashica Pharmaceuticals Private Limited (India) Merck & Co. (U.S.), Atox Bio (Israel), Teva Pharmaceutical Industries (Israel), Basilea Pharmaceutica Ltd. (Switzerland), and MELINTA THERAPEUTICS, INC. (U.S.), Pfizer (U.S.), Cipla Inc. (India), and others.
The Americas dominate the global Q fever market owing to the presence of a population with bacterial infection and increasing number of surgical procedures in the hospitals. The Americas is further segmented into North America and South America. North America holds the largest market owing to extensive use of advanced technology and developed pharmaceutical sector.
Europe accounts for the second largest market due to increasing funds, government support, and increasing healthcare expenditure. Germany, France, and the U.K hold a significant share in the market owing to increasing demand for technologically advanced devices for the surgical procedures.
Asia Pacific is the fastest growing market for the Q fever, whose growth is attributed to rising geriatric population, increasing prevalence of bacterial infections, and rapidly developing economies. Additionally, increasing healthcare expenditure and demand for new treatment options for rare diseases fuel the market growth. India and China are the major contributors to the market growth due to the rapid development of healthcare sector in these regions and increasing demand for diagnostic services.
On the other hand, the Middle East & Africa is expected witness limited growth due to limited access to the healthcare resources and lack of awareness about rare diseases. In the Middle East, the growth of the market is driven by increasing availability new diagnostic and treatment methods for various chronic and acute bacterial infections.
Browse Complete Report at https://www.marketresearchfuture.com/reports/q-fever-market-5490 .
The global Q fever market is majorly driven by increasing prevalence of chronic diseases, heart disease, continuously increasing geriatric population, and increasing number of patients suffering from a various bacterial infection. However, the growth of the market is restricted due to lack of awareness about Q fever and the high cost of treatment.
According to the World Health Organization (WHO), in 2015, over 17.7 million people died from cardiovascular diseases, representing 31% of all global deaths of which 82% were in the low and middle-income countries. Additionally, according to the Centers for Disease Control and Prevention (2015), over 630,000 Americans died from heart disease each year, which accounts for one in every four death. According to findings from the WHO in 2014, approximately 422 million people reported suffering from diabetes. Due to the increasing diabetic population across the globe, there is a significant increase in the number of people suffering from cardiovascular diseases. Additionally, increasing geriatric population and increasing healthcare expenditure have fuelled the growth of the market.
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