Microcephaly Market to Witness Promising CAGR Growth of 8. 50% by 2029, Size, Share, Trends, Demand, Revenue and Segmentation Outlook

CHICAGO, Sept. 05, 2022 (GLOBE NEWSWIRE) — Data Bridge Market Research Published Latest Global Microcephaly Market Study with an in-depth analysis of the current scenario, the Market size, demand, growth pattern, trends, and forecast. Microcephaly report helps decide whether a new idea for a business or product will fly – that is, if customers will find it appealing – based on how similar products have performed in the marketplace. Also, guides in wise product packaging and promotional decisions, as well as effective marketing messages. In fact, the report can make the difference between making wise decisions that drive business forward and poor decisions that can damage the business. When the competitive environment is increasingly challenging, it’s safe to assume that competitors are conducting research to gain their own advantage. Therefore, adopting market research reports is a key part of a business growth strategy.

Data Bridge Market Research analyses a growth rate in the global microcephaly market in the forecast period 2022-2029. The expected CAGR of global microcephaly market is tending to be around 8.50% in the mentioned forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Market Insights:-

Microcephaly is the rare neurological disorder in which neonates born with small head or head stop growing after birth as compared to the normal neonates or babies. Microcephaly can be present at birth time (congenital) or may develop after the birth (acquired). Moreover, babies born with microcephaly may also suffer from seizures, learning disabilities as they grow older. There is no cure or treatment for the microcephaly but required medical specialties for many disorders such as pediatrics, infectious diseases, neurology, ophthalmology, genetics and psychology.

The global microcephaly market is expected to witness significant growth during the forecast period.  Rising incidences of neurological disabilities during pregnancy and constant WHO monitoring on countries affected by Zika virus will boost up the microcephaly market. The microcephaly market is majorly driven by rise in prevalence of neurological abnormalities and high diagnostics rate. COVID-19 also had a major impact on the market growth.

REPORT METRIC

• Forecast Period – 2022 to 2029
• Base Year – 2021
• Historic Years – 2020 (Customizable to 2014 – 2019)

Key players operating in the global microcephaly market include:

• Merck KGaA (Germany)
• Novartis AG (Switzerland)
• Beckman Coulter Inc. (U.S.)
• bioMerieux (France)
• Bio-Rad Laboratories, Inc (U.S.)
• Danaher (U.S.)
• Hologic (U.S.)
• Inovio Pharmaceuticals (U.S.)
• Lonza (Switzerland)
• F. Hoffmann-La Roche Ltd. (Switzerland)
• Mylan N.V. (U.S.)
• Teva Pharmaceutical Industries Ltd. (Israel)
• Sanofi (France)
• Pfizer Inc. (U.S.)
• GlaxoSmithKline plc (U.K.)

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Opportunities

• Increasing Demand for Magnetic Resonance Imaging

Among the other diagnostic tests performed for testing Zika virus, magnetic resonance imaging (MRI) is likely to boost the market share, due to increasing number of pregnant women suffering from Zika virus infection and efficacy of magnetic resonance imaging (MRI) in the diagnosis of microcephaly. This creates more opportunity to the market

• Increasing Demand for Retail Pharmacies

Rise in the number of cortical necrosis therapeutics being delivered through retail pharmacies and surge in the number of retail pharmacies in developed countries create opportunities for the market growth. In addition to this, patients prefer retail pharmacies for purchasing drugs, as these are easily accessible.

Global Microcephaly Market Dynamics

Drivers

• Increased Cases of Zika Virus

As per the CDC reports in April 2017, it was witnessed that 5,264 people were infected with Zika in the U.S., and it was found that more than 1,700 pregnant women were found Zika-positive and around 58 babies were born having birth defects.  

• Dedicated Initiatives by Multiple Organizations

Several organizations such as WHO, PAHO, and UNICEF step forward in providing response strategies for Zika outbreak. These strategies started from arranging diagnostics to disease treatment. Apart from providing fund for Zika virus disease, the organizations are stepping toward stockpiling diagnostics for emergencies in the future, which in turn is boosting the growth of the market.

The investment made in the study would provide you access to information such as:

• Microcephaly Market [Global – Broken-down into regions]
• Regional level split [North America, Europe, Asia Pacific, South America, Middle East & Africa]
• Country-wise Market Size Split [of important countries with major market share]
• Market Share and Revenue/Sales by leading players
• Market Trends – Emerging Technologies/products/start-ups, PESTEL Analysis, SWOT Analysis, Porter’s Five Forces, etc.
• Market Size
• Market Size by application/industry verticals
• Market Projections/Forecast

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Segmentation: Microcephaly Market

Diagnosis

• Ultrasound
• CT Scan
• MRI
• Others

Treatment

• Medication
• Occupational Therapy
• Physical Therapy
• Others

End User

• Hospitals
• Homecare
• Specialty Clinics
• Others

Distribution Channel

• Hospital Pharmacy
• Online Pharmacy
• Retail Pharmacy

Microcephaly Market Regional Analysis/Insights

The global microcephaly market is analysed and market size insights and trends are provided by diagnosis, treatment, distribution channel and end-user as referenced above. The major countries covered in the global microcephaly market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America has been witnessing a positive growth for global microcephaly market throughout the forecasted period due to rising prevalence of neonatal neurological disorders. Asia-Pacific dominates the market due to increased WHO & government awareness programs and increased zika virus infection in Asian countries.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

To Get a Detailed Table of Contents (TOC), please Click Here at @ https://www.databridgemarketresearch.com/toc/?dbmr=global-microcephaly-market

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