Whipple’s disease market information: by diagnosis (physical exam, biopsy, and others), by treatment, by end user- global forecast till 2023
Pune, India -- (SBWIRE) -- 12/01/2017 -- The global Whipple's disease market is expected to grow at the CAGR of ~3.1% during the forecast period and is estimated to reach USD 255.3 million by 2023.
Whipple's disease (WD) is a rare, chronic, systemic infectious bacterial disease caused by Tropheryma whipplei that affects gastrointestinal system, especially, the small intestine. The infection may spread to any part of the body but mostly it affects the central nervous system, joints, lungs, heart, and eyes. The Global Whipple's Disease Market is growing rapidly by forecasted period.
Some common symptoms of this disease are weight loss, diarrhea, abdominal cramping and pain, weakness, fatigue, anemia, inflamed joints, and some other less common symptoms. The prevalence is one in one million people. The prevalence of this diseases is more in men than women. Ongoing research and clinical trial to find effective cure drive the growth of market. Advancement in medical technology and increasing awareness about this disease boost the market growth.
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Some of the key players in this market: AbbVie Inc. (US), Allergan (Republic of Ireland), Bayer AG (Germany), Bristol-Myers Squibb Company (US), F. Hoffmann-La Roche Ltd. (Switzerland), Henry Schein Inc. (US), Pfizer Inc. (US)
Regional Analysis of the Global Whipple's Disease Market
The Americas holds the largest share in the global Whipple's Disease Industry. North American region, especially, the US dominates the market in this region. It is a rare disease and found in around less than one in million people in US. Some other factors such as advanced medical facilities, ongoing research and clinical trials, and availability of skilled health professionals. Increasing awareness about this disease in Latin America drives market growth in this region.
The new cases of this disease is increasing in Europe. Availability of advanced diagnostic and therapeutic options, high awareness among the European population, and availability of skilled medical professional drive the European market. Availability of cost-effective of treatment in East European countries, for instance, Poland than the other parts of the region add fuel to the growing demand. Owing to availability of cost-effective treatment, patients from Western European countries and Russia travel to East and Central European countries to treat this disease.
Asia Pacific region shows low prevalence of the disease. Increasing awareness about this disease in the Asian population leads the market growth. The rapidly developing healthcare sector is another major driver of the market. Due to rapid economic growth, rising middle class population, and their spending on healthcare and related services add fuel to the growth of this market.
Owing to lack of awareness about the disease, slow healthcare infrastructure development, and limited access to required medical facilities, the Middle East & Africa market is growing slower as compared to the global average. On the other hand, due to developed healthcare facilities and government support to improve public health, the Middle East countries such as the UAE dominates market of this region.
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Market Factor Analysis
Global Whipple's Disease Market by Diagnosis
Global Whipple's Disease Market by Treatment
Global Whipple's Disease Market by End User
Global Whipple's Disease Market by Region
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