Research Nester published a report titled “Gonorrhea Treatment Drugs Market: Global Demand Analysis & Opportunity Outlook 2029″ which delivers detailed overview of the global gonorrhea treatment drugs market in terms of market segmentation by treatment, infection type, distribution channel, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The gonorrhea treatment drugs market is projected to grow at a modest CAGR over the forecast period, i.e., 2021 – 2029, which can be attributed to the increasing cases of gonorrhea, growing number of incidents of unprotected sex and rising implementation of screening programs in developed nations. Furthermore, expanding advent of new diagnostic tests is anticipated to offer opportunities to the market in the future.
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The gonorrhea treatment drugs market is segmented by treatment, infection type and distribution channel. Based on treatment, the segment for dual therapy is expected to hold the largest share over the forecast period on the back of higher efficacy of this therapy to treat symptomatic and asymptomatic gonorrhea. Additionally, on the basis of distribution channel, the hospital pharmacy segment is expected to grab the largest market share owing to the ease to receive prescribed medicines from hospital facilities.
Geographically, the gonorrhea treatment drugs market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Among these, Asia-Pacific is anticipated to hold a significant share in the market during the forecast period on account of rising prevalence of the disease, rapid lifestyle changes and growing availability of cure for STDs in the region.
Rising Occurrence of STDs to Boost Market Growth
The total number of incidences of sexually transmitted diseases (STDs) worldwide have witnessed a major hike in the last few years, including that of gonorrhea. With, the growing prevalence, there has been a surge in R&D activities associated with finding an effective treatment for the condition, which in turn is estimated to drive market growth in the coming years.
However, negative perception related to the people visiting STD clinics is expected to operate as key restraint to the growth of the gonorrhea treatment drugs market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global gonorrhea treatment drugs market which includes company profiling of Pfizer Inc. (NYSE: PFE), Allergan Inc., F. Hoffman-La Roche Ltd (NYSE: PFE), GlaxoSmithKline plc (NYSE: GSK), Lupin Pharmaceuticals, Inc., Abbott Laboratories (NYSE: ABT), Siemens AG (ETR: SIE), Tosoh Corporation (TYO: 4042), PerkinElmer, Inc. (NYSE: PKI), Johnson & Johnson Services, Inc. (NYSE: JNJ), and others.
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The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the gonorrhea treatment drugs market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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