Fact.MR, a global research & consulting firm, in their latest edition of the report, states that the toxic shock syndrome treatment market will grow at a steady rate in 2021 & beyond.
Fact.MR, a global research & consulting firm, in their latest edition of the report, states that the toxic shock syndrome treatment market will grow at a steady rate in 2021 & beyond. The growth is mainly attributed to growing prevalence of the bacterial ailments that children, women and men can acquire toxic shock syndrome due to boils, burns, infections after surgery or insect bites.
“R&D activities are being focused towards the discovery of newer therapy such as researchers are trying to develop monoclonal antibodies to offer treatment to patients with toxic shock syndrome. Government initiatives for growing awareness for appropriate usage of tampons has limited the occurrence percentage of toxic shock syndrome.” states Fact.MR.
Introduction of Newer Therapies will Fuel the Demand
Early diagnosis of the disease assurances proper cure. Conversely, ignorance of the symptoms or delay in the diagnosis might prompt organ failure and eventually death. Numerous initiatives have been initiated for appropriate birth control measures to avert streptococcal and staphylococcal infections. Toxic shock syndrome treatment involves prescription of antibiotics such as gentamicin, penicillin, clindamycin, and Cephalosporin vancomycin.
However, presently, most of the toxic shock syndrome market is led by generic antibiotics, presentation of newer therapy will contribute more products to the market, therefore boosting market potential.
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Menstrual Cups to Gain Traction over Tampons
Toxic shock syndrome has come to be progressively associated with the usage of certain feminine hygiene products, mainly in the usage of menstrual cups and tampons. The existence of carboxymethylcellulose in tampons is a breeding place for Staphylococcus aureus. Additionally, the usage of tampons that have prolonged usage and high absorbency led to various risk factors amid women.
The usage of menstrual cups in contrast to conventional tampons is encouraged by their enhanced and reusability comfort, as they collect menstrual blood instead of absorbing the flow. Reflected as a natural substitute to tampons, their usage has swelled in popularity in recent years.
How Big is the Opportunity for Market Players in US?
The US and Canada are expected to remain lucrative and tower over other regions on account of stringent regulations for patient safety and care.
China and India are projected to expand at a notable CAGR on account of growth of product offerings by major players as well as surge in awareness programs of female hygiene.
The UK and Germany are anticipated to record the second biggest share in the global market. The R&D and accessibility of new drugs in regions such as Japan, India, China, New Zealand & Australia and Brazil, Mexico further are projected to spur the development of the industry in 2021.
New Drugs Developments & Constant R&D Remains Focal Areas: Fact.MR Survey
The toxic shock syndrome treatment market is highly consolidated with very few players functioning in the global landscape. Fact.MR’s survey indicated that the companies are focusing on availability of vaccines, new drugs developments and incessant research & development in 2021 & beyond. The updated edition of the report provides comprehensive coverage of the projected to remain the key strategies of market players. Some of the players profiled in the report are Pfizer Inc, F. Hoffmann-La Roche AG, Merck & Company, Inc, Teva Pharmaceutical Industries Ltd and Cipla Limited. The updated edition also offers a detailed analysis of the COVID-19 impact on this market.
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