Leprosy Treatment Market with New Trends, Technologies and Forecast 2021-2028 | Glaxo Smithcline Pharmaceuticals, Systopic Laboratories, Acme Pharmaceuticals
Leprosy Treatment Market with New Trends, Technologies and Forecast 2021-2028 | Glaxo Smithcline Pharmaceuticals, Systopic Laboratories, Acme Pharmaceuticals
Published by Coherent Market Insights
Posted on September 27, 2021
Leprosy is a disease of the skin caused by infection with a group of fungi called dermatophytes. It is generally a chronic disease and is characterized by general anemia due to the low level of blood cells. The disease is extremely contagious and occurs most commonly in children. The name leprosy comes from the Greek word for “lepra”, which means blood. The most common symptom of Leprosy is a rash that covers large areas of the skin, which darkens over time. Other symptoms of lepromatous leprosy include muscle weakness, fatigue, loss of appetite, jaw pain, loss of mental alertness, etc
In September 2018, HDT Biotech Corporation collaborated with Infectious Disease Research Institute (IDRI) to develop the cost-effective test with enhanced sensitivity for detecting infection with M. leprae, which causes leprosy.
Key participants for business development are Glaxo Smithcline Pharmaceuticals Ltd., Systopic Laboratories Pvt. Ltd., Acme Pharmaceuticals, Cadila Pharmaceuticals, Macleods Pharmaceuticals, IDPL, Astra Zeneca Pharma India Ltd., Lark Laboratories (UIndia) Ltd., Genetic Pharma, and Novartis International AG.
The high prevalence of leprosy around the globe is propelling the growth of the leprosy treatment market. According to the World Health Organization, there were 202 256 new leprosy cases registered globally in 2019. Of them, 14 893 were children below 14 years and the new case detection rate among child population was recorded at 7.9 per million child population. Based on 178 371 cases at the end of 2019, the prevalence corresponds to 22.9 per million population. The growing focus of government bodies to improve the treatment of leprosy is again fostering the growth of the market. Moreover, growing partnership and collaboration among key players for expanding business presence are further anticipated to accelerate the growth of the market.
For example, in March 2019, The Novartis Foundation, a non-profit organization and part of Novartis International AG, entered into a partnership with Microsoft to develop artificial intelligence (AI)-enabled digital health tool and a leprosy intelligent image atlas to boost the early detection of leprosy.
Reasons to Purchase this Report
Current and future of global Leprosy Treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Leprosy is a disease of the skin caused by infection with a group of fungi called dermatophytes. It is generally a chronic disease and is characterized by general anemia due to the low level of blood cells. The disease is extremely contagious and occurs most commonly in children. The name leprosy comes from the Greek word for “lepra”, which means blood. The most common symptom of Leprosy is a rash that covers large areas of the skin, which darkens over time. Other symptoms of lepromatous leprosy include muscle weakness, fatigue, loss of appetite, jaw pain, loss of mental alertness, etc
In September 2018, HDT Biotech Corporation collaborated with Infectious Disease Research Institute (IDRI) to develop the cost-effective test with enhanced sensitivity for detecting infection with M. leprae, which causes leprosy.
Key participants for business development are Glaxo Smithcline Pharmaceuticals Ltd., Systopic Laboratories Pvt. Ltd., Acme Pharmaceuticals, Cadila Pharmaceuticals, Macleods Pharmaceuticals, IDPL, Astra Zeneca Pharma India Ltd., Lark Laboratories (UIndia) Ltd., Genetic Pharma, and Novartis International AG.
The high prevalence of leprosy around the globe is propelling the growth of the leprosy treatment market. According to the World Health Organization, there were 202 256 new leprosy cases registered globally in 2019. Of them, 14 893 were children below 14 years and the new case detection rate among child population was recorded at 7.9 per million child population. Based on 178 371 cases at the end of 2019, the prevalence corresponds to 22.9 per million population. The growing focus of government bodies to improve the treatment of leprosy is again fostering the growth of the market. Moreover, growing partnership and collaboration among key players for expanding business presence are further anticipated to accelerate the growth of the market.
For example, in March 2019, The Novartis Foundation, a non-profit organization and part of Novartis International AG, entered into a partnership with Microsoft to develop artificial intelligence (AI)-enabled digital health tool and a leprosy intelligent image atlas to boost the early detection of leprosy.
Reasons to Purchase this Report
Current and future of global Leprosy Treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players