Rheumatic Fever Market Overview
The latest research report from Market Research Future (MRFR) profiles the global rheumatic fever market in great detail and provides readers with a comprehensive overview of the market. The market’s historical growth trajectory, present conditions, and future growth prospects over the forecast period from 2022 to 2030 are studied in the report. The report provides a comprehensive overview of the market’s historical growth trajectory by detailing the historical stats regarding the market. Future projections are based on the detailed historical stats offered in the report. Based on this platform, future projections for the rheumatic fever market’s growth trajectory over the forecast period are provided in the report. The report also profiles the leading players in the global rheumatic fever market and gives readers a comprehensive analysis of the leading players in the global rheumatic fever market. The report also profiles the major drivers and restraints affecting the global rheumatic fever market. The factors making the Rheumatic Fever Market Research tick and those holding the market back are studied in detail in the report. The impact of the COVID-19 pandemic on the rheumatic fever market is also assessed in the report.
The department of Economic and Social Affairs in the year 2017 stated that the global population aged 60 years and above was around 901 million, which is likely to mount drastically in the estimated period. The population aged fifty years and above has the most significant incidence of rheumatic disease and mortality rates as compared to younger people. The incidence rate of rheumatic fever is elevated in developing countries as compared to that in developed countries. As per the Centers for Disease Control and Prevention (CDC), regarding 23% of adults in the U.S., which is above 54 million people, suffer arthritis. By the year 2040, the disease might affect 78 million adults in the country. Rheumatic fever is a primary cause of disability. The direct medical costs linked with the disease are above US$ 81 Mn annually. This disease is common in women over men.
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Rheumatic Fever Market Segmentation
- As per MRFR’s analysis, the Global Rheumatic Fever Market has studied among various segments into the diagnosis, treatment, distribution channel, and end-user.
- The market by the segment of diagnosis is segmented into blood test, physical exam, electrocardiogram, and echocardiogram.
- The market, by the segment of treatment, is segmented into pharmacotherapy and more. The pharmacotherapy segment is categorized into anti-inflammatory medication, antibiotics, an anticonvulsant medication, and more.
- The market, by the segment of the distribution channel, is segmented into hospital pharmacies, retail pharmacies, and others.
- By the segment of end-user, the market has included hospitals and clinics, diagnostic centers, and more.
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Rheumatic Fever Market Players
- Bayer AG
- Abbott Laboratories
- Johnson & Johnson Services, Inc.
- Hoffman-La Roche Ltd.
- Novartis AG
- Pfizer, Inc
- AstraZeneca
- Valeant Pharmaceuticals International, Inc
- Eli Lily
Rheumatic Fever Market Regional Analysis
The market in the Americas is expected to dominate the global rheumatic fever market during the forecast period owing to the rising prevalence of cardiovascular diseases and well-established healthcare sector in the region. The European market is expected to be the second-largest due to government funding and support of the healthcare sector, increasing research and development, and rising prevalence of rheumatic heart disease in the region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the forecast period owing to technological development and favorable government initiatives for healthcare facilities. The market in the Middle East and Africa is likely to account for the least share of the global rheumatic fever market. The market growth in this region can be attributed to the increasing healthcare expenditure and low manufacturing costs of pharmaceuticals. Moreover, the rising prevalence of rheumatic heart disease in the African region is expected to contribute to the market growth.
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