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Future Trends and Growth Analysis of Liver Fluke Treatment Market by 2028

VALLEY COTTAGE, N.Y. – Liver Fluke is defined by the condition affected by the infection causing worms. The liver fluke is generally categorized in 2 types by infection causing worms and termed as Fasciola hepatica and Fasciola gigantica. Many a times the liver fluke infection goes undiagnosed or misdiagnosed with common abdominal pain. The liver fluke denies the pathway of common worm’s infection transmitting from one person another. The available liver fluke treatment is based on the anthelmintic effects the drug exert in the body. Another liver fluke treatment line is permitted by the government and CDC is oral triclabendazole where’s the WHO have listed he drug as an essential drug and it is still not approved in some parts of US. The liver fluke treatment regimen also follows the use of the Bithionol and nitazoxanide for the removal of worms for the liver although a surgical intervention and in some cases a worm removal surgery is essential due to infection to bile duct.

Liver Fluke Treatment Market: Drivers and Restraints

Rapidly expanding research studies and growing incidence of infection in humans and cattle. Research on the development of the dedicated drug for Liver Fluke Treatment following with increasing availability of Symptomatic Liver Fluke Treatment. Is anticipated to fuel the Liver Fluke Treatment market. Furthermore, government organization on raising awareness on liver fluke, fascioliasis and Liver Fluke Treatment drug is signifying the growth of the Liver Fluke Treatment market. The surge in the fascioliasis prevalence and incidence rate is estimated as the major factor for the growth of the Liver Fluke Treatment market owing to the higher rate of liver fluke in wetlands and related emergency room visits. The essential medicine status for the Liver Fluke Treatment drug triclabendazole is anticipated to offer new growth opportunities for the Liver Fluke Treatment market. However, complexity in dose preparation and adjustment for Liver Fluke Treatment drugs and requirement of long treatment cycles is anticipated the restraint the growth of the Liver Fluke Treatment market.

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Liver Fluke Treatment Market: Segmentation

Based on Drug Type, the Liver Fluke Treatment market is segmented into:

  • Triclabendazole
  • Praziquantel
  • Bithionol
  • Nitazoxanide
  • Albendazole

Based on Application, the Liver Fluke Treatment market is segmented into:

  • Human
  • Cattle
  • Sheep

Based on Distribution Channel Liver Fluke Treatment market is segmented into:

  • Government healthcare centers
  • Hospital Pharmacies
  • Retail pharmacies
  • Online Pharmacy

Liver Fluke Treatment Market: Overview

The Liver Fluke Treatment market displays the monopoly of single manufacturer and are primarily focused on delivering free medicines under the WHO tie up with the manufacturer. As per the data from the Novartis approximately 41 million worth of drug is donated and utilized by the 2 million people all around the world. The drug provided by the Novartis Egaten is the only approved medication for the of liver fluke treatment in human can animals although a veterinary substitute is available for the triclabendazole. Egaten is the widely used medication and listed in the WHO model essential medicines list. The liver fluke is more prevalent in the developing regions and wetland due to poor sanitary conditions. The growing intensity of the infection spread is anticipated to fuel the demand for liver fluke treatment drug. Subsequently aiding to increase the liver fluke treatment market. Due to rare nature of infection and government aid new manufacturers are queuing up for the entry in the liver fluke treatment market.

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Liver Fluke Treatment Market: Region-Wise Overview

The global Liver Fluke Treatment market is segmented into the following regions – North America, Latin America, Europe, East Asia, south Asia, Oceania and the Middle East & Africa. East Asia is the leading regional market for Liver Fluke Treatment due to the increasing incidence of liver fluke, fasciola hepatica. Additionally symptomatic Liver Fluke Treatment demand in the region. In East Asia, china is dominating Liver Fluke Treatment market due to increasing awareness for fasciola hepatica and rising beef and seafood use in the country. Latin America Liver Fluke Treatment market is anticipated to grow significantly higher owing to higher incidence in Peru and Bolivia. South Asia is a growing at significant rate owing to growing awareness initiatives form government in Liver Fluke Treatment. Growth in North America and the Europe is considerably low due to low incidence rate and higher sanitization parameters in the regions.

Liver Fluke Treatment Market: Key Participants

Examples of some of the key participants in the Liver Fluke Treatment market are Novartis, GlaxoSmithKline Plc., Merck & Co., Inc., Pfizer Inc, Bayer HealthCare Pharmaceuticals Inc., Par Pharmaceutical, Romark Laboratories, L.C., Lupin Pharma, Schering Corporation among others.

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Last Updated: 18-Apr-2019