Kenneth Research released a report titled ” Q Fever Market : Global Demand Analysis & Opportunity Outlook 2031″ which provides a detailed overview of the global Q Fever Market in terms of market segmentation by Treatment, Type, Diagnosis and by Region & Region offers.
Furthermore, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risks and a detailed discussion of the current and future market trends associated with the growth of the market.
It is estimated that the global Q Fever market will grow at a CAGR of ~8% during the forecast period i.e. 2022-2031. The market is segmented by type into chronic and acute, of which the chronic segment is expected to hold the largest share of the global Q fever market by the end of 2031. This is due to the increase in the number of people dying from chronic diseases.
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There has been an increase in the percentage of the elderly population who have low immunity and are more susceptible to disease, which is expected to fuel the growth of the global Q fever market. In addition, there is a high prevalence of diseases in the population which is expected to increase the growth of the global Q fever market.
Geographically, the global Q fever market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. It is estimated that the market in Asia-Pacific region will witness remarkable growth during the forecast period as the prevalence of diseases and increase in elderly population are more susceptible to diseases due to low immunity compared to younger population.
The research is global in nature and includes detailed analyzes of the market in North America (USA, Canada), Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia- Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). Furthermore, Analysis of Market Size, YOY Growth and Opportunity Analysis, Competitive Study of Market Players, Investment Opportunities,
Increasing the proportion of people in the agricultural sector to fuel the growth of the market
According to the World Bank, around 9.7 million people should be fed by agricultural development by the end of 2050.
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Aided by the increase in the share of people in the agricultural sector, there will be more population working with animals to cultivate their farms. In addition, there is a higher chance of diseases being transmitted from animals to humans. Hence, it is expected to propel the growth of the global Q fever market.
However, the lack of awareness related to Q fever and the high cost of Q fever treatment are expected to act as the main brakes on the growth of the global Q fever market during the forecast period.
This report also includes the existing competitive scenario of some of the major players of the global Q Fever market including Bayer AG, Merck KGaA, Melinta Therapeutics LLC, Basilea Pharmaceutica Ltd., Teva Pharmaceutical Industries Ltd., Sanofi-aventis US LLC, Pfizer company profiling Inc., Yashica Pharmaceuticals Pvt. Ltd, Johnson & Johnson Services, Inc., Novartis AG and others. Profiling includes key company information, which includes a business overview, products and services, key financial data, and breaking news and developments. Overall, the report provides a detailed overview of the global Q Fever Market, which includes industry consultants, device manufacturers, existing players looking for expansion opportunities, new players,
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