Dual Therapy to Elevate Gonorrhea Therapeutics Sales through 2021: Fact.MR
Surging cases of sexually transmitted disease is spurring researchers to verify and reintroduce new innovations for the treatment
Award winning market research company Fact.MR has conducted a study on the global gonorrhea therapeutics market. Fact.MR study forecasts the market to register a moderate growth nearly at a CAGR of 4% through 2029. The study further projects that gonorrhea therapeutics sales are expected to prevail owing to the bulk investments by manufacturers.
Growing number of clinical trials and investments in healthcare sector is aiding the growth of gonorrhea therapeutics. According to the study, dual therapy will be the primary choice of treatment and is expected to account for 90% of market shares. Hence, advancing the sales of gonorrhea therapeutics.
For instance, according to the Centre for Disease Control and Prevention, the recommended dosage for the gonorrhea treatment is Azithromycin combined with 500 mg intramuscular dose of ceftriaxone.
“The Fact.MR study projects that dual therapy is the most recommended treatment for people with symptomatic and asymptomatic gonorrhea, enabling aggrandizing sales for macrolide antibiotics,” says the Fact.MR analyst.
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- Dual therapy remains the preferred therapy type
- US gonorrhea therapeutic sales will be steady in 2021
- East Asian countries likely to witness strong sales
- Third-generation cephalosporin sales for gonorrhea treatment to rise in upcoming years
- Azithromycin will capture nearly half of market share
- Manufacturers are finding increased opportunities in development of new diagnostic tests, such as nucleic acid amplification tests (NAATs)
- Rising government and private organizations initiatives through campaigns, coupled with low cost of gonorrhea therapeutic to be a key driver
- Increasing cases of antimicrobial resistance (AMR) is enabling rise in R&D activities, aiding the sales of gonorrhea therapeutics
- Stringent regulations and social stigma associated with people regarding the visits to the STD clinics is hampering the growth
- Insufficient research and lack of sufficient investment to hamper the growth of the gonorrhea therapeutics
Discover more about the gonorrhea therapeutics market with 202 figures, 52 data tables and the table of contents. You will also find detailed market segmentation on https://www.factmr.com/report/3761/gonorrhea therapeutics-market
Key Gonorrhea therapeutics market players profiled by Fact.MR include Teva Pharmaceutical Industries Ltd., Bayer AG, Mylan N.V., Merck & Co., Allergan PLC., Hoffmann-La Roche Ltd., Sanofi S.A., Baxter International Inc., GlaxoSmithKline PLC., Pfizer Inc., and Novartis AG among others. According to the Fact.MR analysis, the market is expected to be fairly fragmented and the key players are focusing on strategies such as product innovation for future expansion.
For instance, in 2020, Intravacc partnered with Therapyx to develop and optimize its first prophylactic gonorrhea vaccine. For this, the latter received a Phase IIB grant of $2.8 million in U.S. for its capabilities and infrastructure for the optimization of vaccines and vaccine technologies.
Likewise, in 2019, GlaxoSmithKline partnered with U.S. governments Biomedical Advanced Research & Development and started a phase III clinical program for a potential first-in-class antibiotic, gepotidacin. The organization developed the study to compare gepotidacin to ceftriaxone plus azithromycin, a guideline recommended for dual therapy approach, in approximately 600 patients diagnosed with gonorrhea.
More Insights on the Gonorrhea Therapeutics Market
In its latest report, Fact.MR offers unbiased analysis of the global Gonorrhea therapeutics market. In order to understand the global market potential, its growth, and scope, the market is segmented on the basis of drug type (macrolide antibiotics, third-generation cephalosporin, tetracycline antibiotics, fluoroquinolones antibiotocs, aminoglycoside and aminocyclitol), therapy type (mono therapy and dual therapy), route of administration (oral and intra muscular), distribution channel (institutional sales and retail sales), and regions (North America, Latin America, Europe, South Asia, East Asia, Oceania, and Middle East and Africa)
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