Author: Mukati

The global companion animal diagnostics market is projected to showcase considerable growth during the forecast period owing to the rising adoption of companion animals and need to prevent them from zoonotic disorders. The factor driving the companion animal diagnostic industry includes growing companion animal population, rising demand for pet insurance, and the growing number of veterinary practitioners in emerging economies. Data from the American Pet Products Association depicts that the number of households with a companion animal has increased from 79.7 million to 84.6 million from the 2016 to 2018. According to the report published by Humane Society of the US, in 2017, around 60.2 million of the US households had at least one dog.

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In developed and emerging economies companion animals have become members of the family and due to this, a wide range of products and services for these animals to live longer and healthy lives is highly in demand. There are several diagnostic tests that are available and can be performed to determine the cause of a pet’s disorder. The diagnostic test including immunodiagnostics, hematology, diagnostic imaging, clinical chemistry, serology, cytology, and molecular diagnostics are among the major diagnostics tests.  The diagnostic test kits that can be used on a regular basis to test for diseases such as heartworm disease, feline leukemia virus infection, Lyme disease, and many others are commercially available across the globe.

According to the report of the Banfield Pet Hospital’s State of Pet Health Report, in the US pets canine diabetes had increased by 40% and feline diabetes had increased by 20% from 2011 to 2017. Therefore, increasing population of companion animal is increasing the demand for companion animal diagnostics for the diagnosis of various acute and chronic diseases in the companion animals. Increasing demand for Point of Care Diagnostics (POCD) is anticipated to further propel the growth of the companion animal diagnostics market as it offers fast results of the clinical tests and can be accessed directly to reduce the diagnosis tests.

Market players including Zoetis Inc., Heska Corp., Randox Laboratories, Ltd., Virbac Corp., Biovet, Inc., Aquila Diagnostics Systems, Inc., and IDEXX Laboratories, Inc. are focusing on new product launches to gain more revenue share. For instance in February 2018, Idexx developed the Canine Progesterone Test for Catalyst One and Catalyst Dx analyzers. In 2018, Zoetis Inc. introduced a new diagnostic device called CarystaHVC, designed to perform a number of diagnostic tests. Such product launch is expected to contribute to the growth of the market in the near future.

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Companion Animal Diagnostic Market Segmentation 

By Test

• Diagnostic Imaging
• Hematology
• Serology
• Cytology
• Clinical Chemistry
• Immunodiagnostics
• Molecular Diagnostics
• Other

Companion Animal Diagnostic Market – Segment by Region 

North America           

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East Africa

•         Company Profiles
  Alvedia
  Aquila Diagnostics Systems, Inc.
  Bayer AG
  BioMérieux SA
  Biovet, Inc.
  Henry Schein, Inc.
  Heska Corp.
  IDEXX Laboratories, Inc.
  IDvet
  INDICAL BIOSCIENCE GmbH
  Intuitive Biosciences, Inc.
  Neogen Corp.
  Pharos DX.
  Randox Laboratories, Ltd.
  Thermo Fisher Scientific, Inc.
  ubio Biotechnology Systems Pvt. Ltd.
  Vetel Diagnostics
  Virbac Corp.
  Woodley Equipment Company, Ltd.
  Zoetis, Inc.

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The global essential oil market is projected to grow at a significant CAGR during the forecast period. Essential oil are highly volatile, aromatic yields obtained from plants. Due to their volatility, they can easily be extracted by the method of steam distillation from different natural sources. The oil-secreting glands are located in fruits, flowers, seeds, wood, leaves, roots, barks, and sometimes are present throughout the body of the plant. The essential oil have been used for centuries for different purposes and regarded with great intrigue, albeit, most of their uses have been lost with time, it is, by and large, acknowledged that people have been extracting them from fragrant plants. Their application for various purposes is gradually changed and not only used for culinary purposes to enhance the sensory appeal. They have also been used for therapeutic purposes, in addition to their application in the fabrication of fragrances and beauty care products.

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The primary factors that drive the growth of the market include the wide variety of applications in which essential oil are used. In addition, it offers many benefits over traditional medications which encourages its adoption. Increased number of peoples shifting towards the natural and organic oil along with the aromatherapy treatment adoption further influences the market growth. However, the higher prices of the oil may hinder the market growth during the forecast period.

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Global Essential Oil Market Segmentation

By Product Type

• LavenderOil
• Orange Oil
• EucalyptusOil
• PeppermintOil
• LemonOil
• RosemaryOil
• Other Oil

By Application

• Food and Beverages
• Medical
• Spa & Relaxation
• Other Applications

Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• Rest oF APAC

Rest of The World

Company Profiles

• Biolandes SAS
• DoTERRA International, LLC
• Edens Gardens, Inc.
• Falcon Essential Oil
• Farotti Srl
• Givaudan SA
• NOW Foods
• Plant Therapy, Inc.
• Rocky MountainOil LLC
• Soulflower Co. Ltd.
• Young Living Essential Oil

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The global therapeutic and preventive vaccine market is estimated to grow at an impressive growth rate of 9.3% during the forecast period. Vaccination is essential and helpful in managing chronic diseases. The high number of chronic diseases and the constant growth in it has motivated the government to focus on such diseases and its vaccination. Various methods and vaccination have been developed against a number of chronic diseases such as Hepatitis, Tuberculosis, Polio and so on. Significant R&D is also being conducted in other types of vaccination including DNA vaccination. Various organizations are also conducting researches related to chronic diseases such as cancers, HIV and so on. Papers and patents related to breast cancer, skin cancer, prostate cancer and others are published by the institutions in regular interval hence numerous inventions can be observed in the near future.

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The global therapeutic and preventive vaccine market is segmented on the basis of type, end-user, and region. On the basis of type, the market is broadly classified into the therapeutic vaccine and preventive vaccine. The global therapeutic vaccine market is analyzed on the basis of disease and vaccine type. On the basis of disease type, the therapeutic vaccine market is sub-segmented into autoimmune disease vaccine, neurological disease vaccine, and cancer vaccine. On the basis of vaccine type, the market is bifurcated into an allogeneic vaccine and autologous vaccine.

Whereas, the global preventive vaccine market is further segmented on the basis of vaccine type and disease type. On the basis of vaccine type, the market is classified into live/attenuated vaccine, inactivated vaccine, conjugate vaccine, DNA vaccines, and others. Based on disease type, the market analyzes pneumococcal, poliovirus, hepatitis, influenza, measles, mumps, and rubella and other diseases. Based on the end-user, the global therapeutic and preventive vaccine market is divided into human and animal.

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Global Therapeutic and Preventive Vaccine Market Segmentation

By Type

• Therapeutic Vaccine
• Preventive Vaccine

By Disease Type 

• Autoimmune Disease
• Neurological Disease
• Cancer
• Infectious Disease

By Vaccine Type 

• Allogeneic Vaccine
• Autologous Vaccine

By Disease Type 

• Pneumococcal
• Poliovirus
• Hepatitis
• Influenza
• Measles, Mumps, and Rubella
• Others (Varicella)

By Vaccine Type 

• Live/Attenuated Vaccine
• Inactivated Vaccine
• Conjugate Vaccine
• DNA Vaccines
• Others (Recombinant Vector Vaccines)

By End-User

• Human
• Animal

Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• Rest oF APAC

Rest of The World

Company Profiles

• Agenus Inc.
• Argos Therapeutic Inc.
• Astellas Pharma Inc.
• AstraZeneca PLC
• Celldex Therapeutic Inc.
• CSL Ltd.
• Cytos Biotechnology AG
• Daiichi Sankyo Co. Ltd
• Dendreon Corp
• Emergent BioSolutions Inc.
• GC Pharma (Green Cross Corp.)
• GlaxoSmithKline PLC
• Johnson & Johnson Services Inc.
• Merck & Co.
• Novartis International AG
• Novavax Inc.
• Pfizer Inc.
• Qed Biosciences Inc.
• Sanofi SA
• Takeda Pharmaceutical Co. Ltd.
• Vaccinogen Inc.
• Xenetic Biosciences, Inc.
• Zoetis Inc.

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The global pancreatic cancer drugs market has significant opportunity owing to the emerging drugs in the pipeline for the treatment of pancreatic cancer. Several immunotherapies and targeted therapies are under the pipeline. Immunotherapies are mostly in trial stages and less is available on the market for the treatment of pancreatic cancer. Several immunotherapy options are available on the market for the treatment of other cancer types, including breast cancer and some are under trials for pancreatic cancer. In 2017, the US FDA approved pembrolizumab (Keytruda), an immunotherapy to treat pancreatic cancer patients with certain genetic mutations and is manufactured by Merck.

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The drug may be an alternative for a small percentage of people suffering from unresectable pancreatic cancer. It works by blocking the ability of cancer cells’ to avoid an immune attack. Cancers with high microsatellite instability (MSI) have been demonstrated to be mainly prone to treatment with Keytruda. High MSI can be found in pancreatic cancers, however, it is not common. Targeted therapies that are available for the treatment of pancreatic cancers include Erlotinib and Larotrectinib (Vitrakvi). The US FDA approved Erlotinib for patients living with advanced pancreatic cancer along with the chemotherapy drug Gemzar (gemcitabine).

Erlotinib is used to block the epidermal growth factor receptor (EGFR) effect. EGFR is a protein that can become abnormal and support the growth and spread of cancer. One of the major instance for targeted therapy under trial is Lupin’s MEK inhibitor compound (LNP3794). In September 2019, Boehringer Ingelheim and Lupin Ltd. declared a licensing, development, and commercialization agreement for Lupin’s MEK inhibitor compound (LNP3794) as an effective targeted therapy for patients suffering from difficult-to-treat cancers. This collaboration intends for the development of Lupin’s lead MEK inhibitor compound along with one of innovative KRAS inhibitors of Boehringer Ingelheim for patients suffering from lung and gastrointestinal cancers harboring a comprehensive spectrum of oncogenic KRAS mutations.

KRAS mutations occur in one in seven of entire human metastatic cancers which makes it the most often mutated cancer-causing gene, with mutation rates of over 90% in pancreatic cancers, over 40% in colorectal cancers and over 30% in lung adenocarcinomas. Lupin’s MEK Inhibitor program has cleared early clinical stages. The emerging trials on such kinds of novel drugs will likely offer an opportunity for more reliable, accurate, and potential treatment for pancreatic cancer. This, in turn, is expected to accelerate the growth of the global pancreatic cancer drugs market.

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Global Pancreatic Cancer Drugs Market- Segmentation

By Cancer Type

• Exocrine
• Endocrine

By Treatment Type

• Chemotherapy Drugs
• Targeted Therapy Drugs
• Immunotherapy Drugs

Global Pancreatic Cancer Drugs Market– Segment by Region 

North America           

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• The Middle East and Africa

Company Profiles

• AbbVie Inc.
• Amgen Inc.
• AstraZeneca plc
• Bayer AG
• Boehringer Ingelheim GmbH
• Bristol-Myers Squibb Co.
• Cipla Ltd.
• Clovis Oncology, Inc.
• Eli Lilly and Co.
• Hoffmann-La Roche AG
• GlaxoSmithKline plc
• Kura Oncology, Inc.
• Lupin Ltd.
• Merck & Co., Inc.
• Novartis International AG
• Pfizer Inc.
• PharmaCyte Biotech, Inc.
• Sun Pharmaceutical Industries Ltd.
• Teva Pharmaceutical Industries Ltd.

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The inhalation anesthetics market is anticipated to showcase a significant growth rate during the forecast period. The inhalation anesthetics have their wide utility during the surgical procedures as they are used to provide anesthesia through the nasal airway. An increasing number of surgical procedures due to the growing prevalence of chronic diseases has fueled the demand for patient inhalation anesthetics market across the globe. As per the World Bank, in 2010, the geriatric population was 7.6% in 2010 which was equal to 524 million and it has been increased to 8.4% in 2016. It is forecast that it will reach 1.5 billion in 2050 with a share of 16% of the total population. The growing geriatric population is creating a surge in the number of cases related to chronic diseases.

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According to the Centers for Disease Control and Prevention (CDC), in 2019, six in every 10 individuals are suffering from chronic diseases in the US which is a major factor for the recurrently increasing admission of patients in hospitals. This steady growth in the prevalence of disease acts as a driver for more and more surgical procedure for their treatment. According to the World Cancer Report published by the WHO, in 2018 around 18.1 million new cases of cancer were registered, and the prevalence of cancer is estimated to reach 15 million new cases per year by 2020. According to Heart & Stroke Foundation in Canada alone, 1.6 million fatalities occur every year due to stroke and at least 1.3 million Canadians live with heart disease. According to the Heart and Stroke Foundation of Canada, as many as 45,000 Canadians experience a sudden cardiac arrest each year.

Asthma is one of the major non-communicable diseases globally affect almost every major economy. As per WHO, about 235 million people have asthma-related diseases across the globe. The sevoflurane is a highly recommended agent for asthma patients or people that require sensitized air passage. Moreover, as per the CDC, about 11.5 million asthma attacks were observed in 2015 including 3 million in children in the US.

As per Asthma UK, about 5.4 million people are suffering from asthma in the UK in 2016. Out of 5.4 million people, asthma is prevalent in 4.3 million adults and 1.1 million in children. As per WHO, India is estimated to have about 15-20 million asthma patients in 2017. It is also on the high rise in China, as per Asia Asthma Development Board, there were about 36.7 patients of asthma per 100,000 people. There are more than 30 million people living with Asthma in China. These facts and figures address the demand for sevoflurane which in turn will drive the market for inhalation anesthetics.

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Global Inhalation Anesthetics Market- Segmentation 

By Surgery Type

• Sevoflurane
• Isoflurane
• Desflurane
• Nitrous Oxide
• Other

By Application

• Induction
• Maintenance

By End-User 

• Hospitals
• Ambulatory Surgical Centers
• Other End-Users

Global Inhalation Anesthetics Market– Segment by Region 

North America           

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East and Africa

Company Profiles

• Abbott Laboratories, Inc.
• AbbVie, Inc.
• Baxter International, Inc.
• Eisai Co., Ltd.
• Fresenius Kabi AG
• Halocarbon Products Corp.
• Jiangsu Hengrui Medicine Co. Ltd.
• LGM Pharma
• Maruishi Pharmaceuticals Co. Ltd.
• Merck KGaA
• Neon Laboratories, Ltd.
• Novartis International AG (Sandoz)
• Piramal Group
• Troikaa Pharmaceuticals, Ltd.

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The global dermatological therapeutics market is expected to grow at a significant CAGR during the forecast period. The key factor that drives the global dermatological therapeutics industry includes the rising geriatric population and continuous contributions by the key players.

The aging population is projected to increase with a significant growth rate during the forecast period. According to WHO, the geriatric population is going to be double in 2050 as compared to 2000. In 2000, at the global level,the proportion of the population over 65 years was 11% which is expected to be 22% by 2050. The geriatric population is expected to reach 2 billion by 2050 as compared to 605 million in 2010. Similarly, the number of geriatric populations over 80 years or older will be almost quadrupled to 395 million from 2000 to 2050. As the geriatric population is more prone to diseases due to low resistance to illness along with reduced skin strength and elasticity. Thus, this is likely to create the scope for market growth.

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Further, the key players operating in the global dermatological therapeutics market is also driving the growth. Players such as AbbVie Inc., Allergan PLC., Amgen Inc., Johnson & Johnson Services Inc., Novartis International AG,Eli Lilly & Co., and LEO Pharma A/S are significantly contributing to the market growth by adopting various growth strategies. Product launches & developments, partnerships, agreements, and acquisitions are among some of the strategies adopted by the players to sustain in a competitive dermatological therapeutics market during the forecast period.

In November 2018, Sanofi in partnership with Denali Therapeutics Inc., a biopharmaceutical company, developed DNL758 and DNL747, for the treatment of a wide range of systemic inflammatory and neurological disorders. Additionally, Sanofi agreed to invest $125 million to the company regarding the study and R&D of DNL758 in systemic inflammatory diseases, such as rheumatoid arthritis and psoriasis and DNL747 in multiple sclerosis, Alzheimer’s disease, and amyotrophic lateral sclerosis.

In July 2018, Novartis International AG signed a licensing agreement with MorphoSys AG and Galapagos NV, for the compound MOR106. Under the agreement, Novartis agreed to invest $110.6 million to both the companies for the acquisition of the exclusive global development and marketing rights to MOR106 for atopic dermatitis and all other potential indications.

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Global Dermatological Therapeutics Market – Segmentation

By Drug Class

• Anti-infectives
• Corticosteroids
• Calcineurin Inhibitors
• Retinoids
• Others

By Application

• Alopecia
• Herpes
• Psoriasis
• Rosacea
• Atopic Dermatitis
• Metastatic Malignant Melanoma
• Others

Global Dermatological Therapeutics Market – Segmentation by Region 

North America           

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AbbVie Inc.
• Aclaris Therapeutics, Inc.
• Allergan PLC
• Almirall SA
• Amgen Inc.
• Aurobindo Pharma Ltd.
• Bausch Health Companies Inc.
• Cipher Pharmaceuticals Inc.
• Eli Lilly & Co.
• Galderma SA
• GlaxoSmithKline PLC
• Glenmark Pharmaceuticals Ltd.
• Johnson & Johnson Services Inc.
• LEO Pharma A/S
• Novartis International AG
• Pfizer Inc.
• Sanofi SA
• Sun Pharmaceutical Industries Ltd.

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The global corticosteroids market is estimated to grow at a CAGR of nearly 4.8% during the forecast period. Rising demand for topical and inhaled corticosteroids is primarily encouraging the growth of the market. Increasing prevalence of skin allergies and acute respiratory disorders has significantly increased the adoption of topical and inhaled corticosteroids. In 2018, the number of children under age 18 years with reported skin allergies in the US was 9.2 million, which is 12.6% of children under age 18 years. This leads to the increasing adoption of topical corticosteroids that are used for the treatment of skin problems, including dermatitis, rash, itching, eczema, and psoriasis.

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Topical corticosteroids contain potent anti-inflammatory properties and acts to suppress the immune response. These corticosteroids are utilized based on the area of the body where it will be applied, their effectiveness, and kind of skin problem being treated. Topical corticosteroids are available in the form of cream, ointment, gel, and lotion. Based on the potency, the topical corticosteroids are classified into very high potency, high potency, medium potency and low potency corticosteroids. Topical corticosteroids are significantly used to treat inflammatory skin conditions, including contact dermatitis, atopic eczema, and psoriasis. These corticosteroids are used to relieve symptoms and suppress signs of the disorder, including redness, swelling, and itching. Some topical corticosteroids include fluocinonide (Vanos), alclometasone dipropionate (Aclovate), betamethasone valerate (Luxiq), and desonide (Desowen, Verdeso).

Increasing prevalence of acute respiratory disorders, including asthma and COPD, has led the demand for inhaled corticosteroids. As per the World Health Organization (WHO), in 2016, over 339 million people were suffering from asthma across the globe and is a common condition among children. In 2016, nearly 251 million people were suffering from COPD across the globe. There are several medications available for the management of asthma medications.

Inhaled corticosteroids are the most commonly used anti-inflammatory medications which are successfully used for the management of asthma for more than 50 years. Such asthma medications decrease several types of airway inflammations, which enables to normalize the production of mucus, swelling and tightening of bronchial tubes, and airway hypersensitivity. These medications can prevent the patient from having an asthma flare-up or prevent worsening of symptoms. Some instances of inhaled corticosteroids include ciclesonide, beclomethasone, triamcinolone, fluticasone, budesonide, and flunisolide.

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Global Corticosteroids Market- Segmentation

By Product

• Glucocorticoids
• Mineralocorticoids

By Route of Administration

• Topical
• Inhaled
• Oral
• Systemic
• Others

By Application

• Skin Allergies
• Rheumatology Indications
• Endocrinology
• Acute Respiratory Diseases
• Gastroenterology
• Others

Global Corticosteroids Market– Segment by Region 

North America           

• US
• Canada

Europe

• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Latin America
• The Middle East and Africa

Company Profiles

• Actiza Pharmaceutical Pvt. Ltd.
• Amgen Inc.
• Aspen Pharmacare Holdings Ltd.
• AstraZeneca plc
• Bristol Myers Squibb Co.
• Cipla Ltd.
• Fresenius Kabi AG
• GlaxoSmithKline plc
• Hovione FarmaCiencia SA
• Lupin Ltd.
• Merck & Co., Inc.
• Mylan N.V.
• Novartis International AG
• Pfizer Inc.
• Sanofi S.A.
• Teva Pharmaceutical Industries Ltd.
• West Ward Pharmaceuticals

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The global anti-hypertensive drugs market is anticipated to grow at a CAGR of over 4% during the forecast period. The anti-hypertensive drugs are used to restrict any complications of high blood pressure including myocardial infarction, stroke, and many more. In addition to this, anti-hypertensive drugs have their primary action on systemic vascular resistance and it also reduces systemic vascular resistance with long-term use. Moreover, hypertension is directly associated with increased cardiovascular risk, and reducing blood pressure and the use of the anti-hypertensive drug is recommended which significantly decreases such risks. Hence, factors such as increasing cases of diabetes, hypertension, cardiovascular diseases associated with high blood pressure will directly impact the growth of the global anti-hypertensive market during the forecast period.

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However, the high cost associated with anti-hypertensive drugs will turn out to be a major restraint for the growth of the anti-hypertensive market, as it has to be given to the patient for a longer period. Additionally, the low awareness and less diagnosis rate in the developing countries will also hamper the growth of the anti-hypertensive drugs market during the forecast period. Moreover, the side effects of anti-hypertensive drugs such as calcium channel blockers used during pregnancy include tachycardia, palpitations, peripheral edema, headaches, and facial flushing, which will lower the adoption of these drugs. Hence, the low adoption rate of anti-hypertensive drugs during pregnancy will majorly restrict the growth of the anti-hypertensive drug market during the forecast period.

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Global Antihypertensive Drugs Market Segmentation

By Drug Class

• Thiazide Diuretics
• Calcium Channel Blockers
• ACE Inhibitors
• Angiotensin II Receptor Antagonists (ARBS)
• Beta Blockers
• Others

Regional Analysis

North America

• United States
• Canada

Europe

• UK
• Germany
• Spain
• France
• Italy
• Rest of Europe

Asia-Pacific

• India
• China
• Japan
• Rest oF APAC

Rest of The World

Company Profiles

• AstraZeneca PLC
• Bayer AG
• Boehringer Ingelheim International GmbH
• Daiichi Sankyo Co., Ltd.
• Johnson & Johnson Services, Inc.
• Lupin Ltd.
• Merck KGaA
• Noden Pharma DAC
• Novartis International AG
• Pfizer Inc.
• Ranbaxy Laboratories Ltd.
• Renata Ltd.
• Sanofi S.A.
• Sun Pharmaceuticals LLC
• Takeda Pharmaceutical Company Ltd.
• Teva Pharmaceutical Industries Ltd.
• Unichem Laboratories Ltd.
• United Therapeutics Corp.

Reasons to Buying From us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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 About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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The global dacryocystitis market is projected to grow at a significant CAGR during the forecast period. The global dacryocystitis market is segmented on the basis of indication and treatment type. Based on the type, the market is segmented into acute, chronic, and others including congenital. Dacryocystitis can be treated with massage, medication, and surgery. Dacryocystectomy is a well-established procedure that refers to a complete surgical extirpation of the lacrimal sac.

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The conventional treatment of acute dacryocystitis with abscess formation includes the use of warm compresses, systemic antibiotics, percutaneous drainage of the abscess, and external dacryocystorhinostomy (DCR) following resolution of the acute infection. However, this may result in complications, risk of recurrent infection, prolonged infection due to poor antibiotic abscess penetration, and the adverse effects of extended systemic antibiotic use. In addition, external DCR can result in cutaneous scar formation and may disrupt medial canthal anatomy.

Global Dacryocystitis Industry Regional Outlook

The global dacryocystitis market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is projected to hold significant share in the market owing to the increasing healthcare expenditure in the US and the presence of well-developed healthcare infrastructure in the country. The regional market is also driven by factors including the increasing prevalence of dacryocystitis. Further, there are several organizations such as the American Optometric Association, International Eye Foundation, among others in the region that works on the development of various treatment techniques as well as create awareness for improving the sight vision of people which in turn drives the dacryocystitis market growth.

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Current Market Trends Covered in the Market Report:

• Increased investments by the government concerning the early diagnosis and treatment of eye related diseases are likely to flourish the dacryocystitis market growth during the forecast period
• Acute dacryocystitis indication segment will account for significant share in the dacryocystitis industry
• The North America region contributes a significant share in the dacryocystitis market

Global Dacryocystitis Market – Segmentation

By Indication

• Acute
• Chronic
• Others

Global Dacryocystitis Market – Segmentation by Region 

North America  

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific 

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

•         Akorn, Inc.
•         Alembic Pharmaceuticals Ltd.
•         Aurobindo Pharma Ltd.
•         Bess Medizintechnik GmbH
•         Cigna
•         Cipla Ltd.
•         Eyevance Pharmaceuticals
•         Gunther Weiss Scientific Glass Co. Inc.
•         FCI Ophthalmics
•         GlaxoSmithKline Plc
•         Kaneka Corp.
•         LABIANA GROUP
•         Merck & Co. Inc.
•         Mylan NV
•         Nosch
•         Novartis International AG
•         Orex Pharma Pvt. Ltd.
•         Perrigo Co.
•         Pfizer Inc.
•         PRODECO PHARMA Srl
•         Rexall Pharmacy Group Ltd. (McKesson Corp.)
•         Teligent, Inc.

Reasons to Buying From us –

1.   We cover more than 15 major industries, further segmented into more than 90 sectors.
2.   More than 120 countries are for analysis.
3.   Over 100+ paid data sources mined for investigation.
4.   Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/dacryocystitis-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404