Pune, India -- (SBWIRE) -- 12/28/2017 -- The global Antihelminthics Market is expected to grow at a CAGR of ~5.3 % during the forecast period 2017-2023.Antihelminthics are a group of antiparasitic drugs that kill and expel parasitic worms & other internal parasites from the body without causing any significant damage to the patient. These drugs are used for the treatment of various diseases such as fasciolasis, filariasis, angiostrongylosis, and many others. Increasing prevalence of diseases such as schistosomiasis, whipworm infection, ascariasis, and other intestinal infections have boosted the growth of the antihelminthic drugs market. The Global Antihelminthics Market is growing rapidly.

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Competitive Analysis:

Some of key the players in the market are Abbott (US), Novartis AG (Switzerland), ZEISS International (Germany), Johnson & Johnson Services, Inc. (US), Sanofi (US), Merck & Co., Inc. (US), GlaxoSmithKline plc. (US), Astellas Pharma Inc. (Japan), Bayer AG (Germany), Mentis Pharma Ltd. (India), Pfizer Inc. (US), Sanofi (France), ALLERGAN (Ireland), and AstraZeneca (UK)

According to the World Health Organization (WHO) in 2014, over 1.5 billion people were infected with soil-transmitted helminthes worldwide. Additionally, a latest report published by the WHO says that more than 880 million children are in the need of treatment for these parasitic diseases. A number of different types of antiparasitic drugs are available in the market for the treatment of the different parasitic diseases. According to a research, ascariasis remains the most common intestinal parasite with 807–1221 million infections globally. It is the most prevalent diseases in East Asia, sub-Saharan Africa, and India. Majority of the patients are in developing region due to unhygienic condition. Over 65% of the patient population suffering from parasitic diseases are present in East Asia, sub-Saharan Africa, and India. Moreover, increasing geriatric population, rapidly developing healthcare sector, and increasing demand for the treatment of the parasitic diseases have fuelled the market growth. On the other hand, the side effects associated with the treatment may slow the market growth over the review period.

Regional Analysis:

The Americas rule the worldwide Antihelminthics Industry inferable from the expanding predominance of individuals with parasitic illnesses and nearness of immense geriatric populace. Also, very much created innovation, tremendous number of patients experiencing immune system maladies, and solid government bolster for investigate and improvement will fuel the market development. Europe is the second driving business sector over the globe, which is trailed by Asia Pacific.

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Enormous geriatric populace, accessibility of assets for research, and government bolster for investigate and improvement will drive the market. Asia Pacific is the quickest developing antihelminthics market because of the nearness of colossal patient pool, quickly developing economy, expanding commonness of stomach related infections, and nearness of tremendous geriatric populace. A portion of the areas in the Asia Pacific is still do not have the correct cleanliness which has prompted the development of the market in this district. Then again, the Middle East and Africa holds minimal offer of the market inferable from constrained accessibility of therapeutic offices, less accessibility of assets, and poor political conditions in Africa. Dominant part of the market of this locale is held by Middle East because of an all-around created human services area and tremendous medicinal services consumption.

List Of Tables

Table 1 Antihelminthics Industry Synopsis, 2017 – 2023

Table 2 Global Antihelminthics Market Estimates and Forecast, 2017 – 2023, (USD Million)

Table 3 Global Antihelminthics Market by Region, 2017 – 2023, (USD Million)

Table 4 Global Antihelminthics Market by Types, 2017 – 2023, (USD Million)

Table 5 Global Antihelminthics Market by Applications, 2017 – 2023, (USD Million)

Table 6 Global Antihelminthics Market by End Users, 2017 – 2023, (USD Million)

Table 7 North America Antihelminthics Market by Types, 2017 – 2023, (USD Million)

Table 8 North America Antihelminthics Market by Applications, 2017 – 2023, (USD Million)

Table 9 North America Antihelminthics Market by End Users, 2017 – 2023, (USD Million)

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