Jan 17, 2021 (Heraldkeepers) -- Rheumatic Fever Market Analysis:
Covid-19 testing will not detect strep throat, which, if untreated, can cause rheumatic fever. According to Market Research Future (MRFR), the global Rheumatic Fever Market Research is projected to grow at a striking CAGR throughout the review period (2018 - 2023). Also, continuously developing economics and increasing government funding in the healthcare sector provide impetus to the growth of the market. Technological advances in the field of medical science and drug development techniques, influence market growth.
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The global rheumatic fever market is witnessing a rapid increase in revenues. Market growth is attributed to the rising prevalence of rheumatic fever and the development of many breakthrough drugs and therapeutics. Besides, factors such as the increasing government expenditure for the healthcare sector contribute to market growth. Moreover, COVID 19 pandemic is expected to escalate the market growth to furthered heights during the estimated period.
Additional factors, such as growing awareness among the patients towards the availability of effective treatments, substantiate the growth of the market. Rising geriatric population, coupled with the unmet medical needs, foster the market growth. On the other hand, unmet medical needs due to the lack of infrastructure and technical competencies are the major factors predicted to impede market growth, especially in developing and under-developing countries.
Rheumatic Fever Market Key Players:
Players leading the global rheumatic fever market includeBayer AG, Abbott Laboratories, Johnson & Johnson Services, Inc., Hoffmann-La Roche Ltd., Novartis AG, Pfizer, Inc., AstraZeneca, Valeant Pharmaceuticals International, Inc., Eli Lily and Company, and Bristol-Myers Squibb Company, among others.
Rheumatic Fever Market - Segmentations
The Report is segmented into five dynamics;
By Diagnosis: Physical Exam, Blood Test, Electrocardiogram, Echocardiogram, and others.
By Treatment: Pharmacotherapy, Antibiotics, Anti-inflammatory Medication (Aspirin, Naproxen, others), Anticonvulsant Medication, and others.
By Distribution Channel: Retail Pharmacies, Hospital Pharmacies, and others.
By End-User: Hospitals & Clinics, Diagnostic Centers, and others.
By Regions: Americas, Europe, Asia Pacific, and Rest-of-the-World.
Global Rheumatic Fever Market - Regional Analysis
North America dominates the Rheumatic Fever Market Research The largest market share attributes to the presence of well-developed healthcare sectors and notable industry players. Besides, the rising prevalence of rheumatic fever and high healthcare expenditures, drive the regional market growth. Additionally, increasing awareness among demographics regarding the condition and availability of treatment methods contribute to the growth of the regional market.
Europe stands second in the global rheumatic fever market. The market is predominantly driven by the growing occurrences of rheumatic heart diseases and the availability of funds for research. Moreover, increasing healthcare expenditure and the resurging economy in the region boost market growth. Financial support provided by private and government bodies for discoveries of drugs and therapeutics impacts the growth of the market. The European rheumatic fever market is estimated to grow at a phenomenal CAGR.
Europe emerging as a lucrative will The is expected to foster the regional market growth, increasing per capita healthcare expenditures. The financial support provided by private and government bodies for R&D activities and new, improved reimbursement policies in healthcare will fuel the Rheumatic Fever Treatment market in Europe.