Market Highlights:
The global Q fever market is expecting a steady growth during the forecasted period. Growing geriatric population, increasing prevalence of infectious diseases, and technological advancement in surgery have driven the market growth. Moreover, increasing healthcare expenditure, and rising demand for the better treatment have fueled the growth of the market. However, lack of awareness about the disease in developing economies and poor reimbursement policies in developed countries may slow the growth of this market.
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The global Q fever market is expected to grow at a CAGR of 6.3% during the forecasted period.
Taste the market data and market information presented through more than 115 market data tables and figures spread over 105 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Q fever market research report–Global forecast till 2023.”
Key Players: Some of the key players in Q fever market are Yashica Pharmaceuticals Private Limited (India) Merck & Co. (U.S.), Atox Bio (Israel), Teva Pharmaceutical Industries (Israel), Basilea Pharmaceutica Ltd. (Switzerland), and MELINTA THERAPEUTICS, INC. (U.S.), Pfizer (U.S.), Cipla Inc. (India), and others.
Segmentation
The global Q fever market is segmented on the basis of type, diagnosis, treatment, and end users.
On the basis of the type, the market is categorized into acute Q fever and chronic Q fever.
On the basis of the diagnosis, the market is segmented into imaging tests, blood test and others. The imaging test is further sub-segmented into echocardiography, X-ray, and others.
Based on the treatment, the market is segmented into antibiotic and surgery
On the basis of the end users, the market is segmented into hospitals & clinics, diagnostic centers, surgical centers, and others.
Regional Analysis
The Americas dominate the global Q fever market owing to the presence of a population with bacterial infection and increasing number of surgical procedures in the hospitals. The Americas is further segmented into North America and South America. North America holds the largest market owing to extensive use of advanced technology and developed pharmaceutical sector.
Europe accounts for the second largest Q fever market due to increasing funds, government support, and increasing healthcare expenditure. Germany, France, and the U.K hold a significant share in the market owing to increasing demand for technologically advanced devices for the surgical procedures.
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Asia Pacific is the fastest growing market for the Q fever, whose growth is attributed to rising geriatric population, increasing prevalence of bacterial infections, and rapidly developing economies. Additionally, increasing healthcare expenditure and demand for new treatment options for rare diseases fuel the market growth. India and China are the major contributors to the market growth due to the rapid development of healthcare sector in these regions and increasing demand for diagnostic services.
On the other hand, the Middle East & Africa is expected witness limited growth due to limited access to the healthcare resources and lack of awareness about rare diseases. In the Middle East, the growth of the market is driven by increasing availability new diagnostic and treatment methods for various chronic and acute bacterial infections.
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