Product Code: GVR-3-68038-787-2
Neglected Tropical Disease Treatment Market Growth & Trends:
The global neglected tropical disease treatment market size is expected to reach USD 5.25 billion by 2030, expanding at a CAGR of 4.8% during the forecast period, according to a new report by Grand View Research, Inc. Increasing prevalence of neglected tropical diseases is considered to be the vital impact rendering driver.
According to the data published in the WHO in 2018, T.B. Gambiense is endemic in 24 countries of Central and West Africa. This caused around 98% of reported cases of sleeping sickness. Furthermore, according to the CDC, around 400 people are infected annually by dengue.
Moreover, according to the statistics published in the WHO in 2019, more than 1.5 billion or 24% of the world's population are infected with soil-transmitted helminthiases. These infections are distributed widely in tropical and subtropical areas majorly occurring in America, sub-Saharan Africa, East Asia, and China.
Presence of pipeline vaccines and drugs is also considered to be one of the major factors driving the market growth over the forecast period. For instance, Bayer AG is developing Nifurtimox (BAYA2502), currently under phase III clinical trials for the treatment of Chagas disease. Furthermore, Johnson & Johnson Services Inc. is developing Bedaquiline 200mg monotherapy regimen which is under phase II clinical trials for the treatment of leprosy and the study is estimated to be completed in 2021.
In addition, Instituto Butantan and Merck & Co., Inc. collaborated to develop vaccines against dengue in 2018. The Instituto Butantan is developing a dengue vaccine candidate in Brazil, TV003, which is in an ongoing Phase III clinical trial. Merck & Co., Inc. will provide funds to Instituto Butantan for its development.
Presence of key players such as F. Hoffmann-La Roche Ltd, Bayer AG, GlaxoSmithKline plc, Novartis AG, Pfizer, Inc., Eisai Co. Ltd., Sanofi, Astellas Pharma, Takeda Pharmaceutical Company Limited, and Gilead Sciences is expected to fuel to the overall market growth. Involvement of these players in new product development is considered to be the contributing factor for the NTD treatment market.
Tropical Disease Treatment Market Report Highlights:
- Dengue held the largest segment share in 2023 owing to its increasing prevalence rate
- Buruli ulcer is estimated to be the fastest growing segment over the forecast period owing to rising awareness about the disease
- In 2023, drugs were anticipated to be the largest product segment
- Vaccines are estimated to be the fastest growing segment over the forecast period due to strong presence of pipeline products
- Asia Pacific dominated the neglected tropical disease treatment market in 2023
- Latin America is estimated to witness the fastest growth over the forecast period
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation and Scope
- 1.2. Market Definitions
- 1.3. Research Methodology
- 1.3.1. Information Procurement
- 1.3.2. Information or Data Analysis
- 1.3.3. Market Formulation & Data Visualization
- 1.3.4. Data Validation & Publishing
- 1.4. Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segment Outlook
- 2.3. Competitive Insights
Chapter 3. Neglected Tropical Disease Treatment Market Variables, Trends, & Scope
- 3.1. Market Introduction/Lineage Outlook
- 3.2. Market Size and Growth Prospects (USD Million)
- 3.3. Market Dynamics
- 3.3.1. Market Drivers Analysis
- 3.3.2. Market Restraints Analysis
- 3.4. Neglected Tropical Disease Treatment Market Analysis Tools
- 3.4.1. Porter's Analysis
- 3.4.1.1. Bargaining power of the suppliers
- 3.4.1.2. Bargaining power of the buyers
- 3.4.1.3. Threats of substitution
- 3.4.1.4. Threats from new entrants
- 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
- 3.4.2.1. Political landscape
- 3.4.2.2. Economic and Social landscape
- 3.4.2.3. Technological landscape
- 3.4.2.4. Environmental landscape
- 3.4.2.5. Legal landscape
Chapter 4. Neglected Tropical Disease Treatment Market: Product Estimates & Trend Analysis
- 4.1. Segment Dashboard
- 4.2. Neglected Tropical Disease Treatment Market: Product Movement Analysis, USD Million, 2023 & 2030
- 4.3. Drugs
- 4.3.1. Drugs Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.2. Anti-Parasite
- 4.3.2.1. Anti-Parasite Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.3. Antifungal
- 4.3.3.1. Antifungal Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.4. Antibiotics
- 4.3.4.1. Antibiotics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.3.5. Others
- 4.3.5.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Vaccines
- 4.4.1. Vaccines Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 5. Neglected Tropical Disease Treatment Market: Disease Estimates & Trend Analysis
- 5.1. Segment Dashboard
- 5.2. Neglected Tropical Disease Treatment Market: Disease Movement Analysis, USD Million, 2023 & 2030
- 5.3. Dengue
- 5.3.1. Dengue Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Rabies
- 5.4.1. Rabies Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Trachoma
- 5.5.1. Trachoma Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Buruli Ulcer
- 5.6.1. Buruli Ulcer Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Yaws
- 5.7.1. Yaws Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.8. Leprosy
- 5.8.1. Leprosy Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.9. Chagas Disease
- 5.9.1. Chagas Disease Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.10. Human African Trypanosomiasis
- 5.10.1. Human African Trypanosomiasis Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.11. Leishmaniases
- 5.11.1. Leishmaniases Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 6. Neglected Tropical Disease Treatment Market: Regional Estimates & Trend Analysis
- 6.1. Neglected Tropical Disease Treatment Market Share, By Region, 2023 & 2030, USD Million.
- 6.2. North America
- 6.2.1. North America Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.2. U.S.
- 6.2.2.1. U.S. Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.3. Canada
- 6.2.3.1. Canada Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.2.4. Mexico
- 6.2.4.1. Mexico Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3. Europe
- 6.3.1. Europe Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.2. UK
- 6.3.2.1. UK Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.3. Germany
- 6.3.3.1. Germany Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.4. France
- 6.3.4.1. France Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.5. Italy
- 6.3.5.1. Italy Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.3.6. Spain
- 6.3.6.1. Spain Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Asia Pacific
- 6.4.1. Asia Pacific Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.2. China
- 6.4.2.1. China Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.3. Japan
- 6.4.3.1. Japan Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.4. India
- 6.4.4.1. India Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4.5. South Korea
- 6.4.5.1. South Korea Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Latin America
- 6.5.1. Latin America Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.2. Brazil
- 6.5.2.1. Brazil Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5.3. Argentina
- 6.5.3.1. Argentina Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6. Middle East and Africa
- 6.6.1. Middle East and Africa Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.2. UAE
- 6.6.2.1. UAE Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.3. Saudi Arabia
- 6.6.3.1. Saudi Arabia Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.4. South Africa
- 6.6.4.1. South Africa Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.6.5. Kuwait
- 6.6.5.1. Kuwait Neglected Tropical Disease Treatment Market Estimates and Forecasts, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis by Key Market Participants
- 7.2. Company Categorization
- 7.3. Company Heat Map Analysis
- 7.4. Company Profiles
- 7.4.1. F. Hoffmann-La Roche Ltd
- 7.4.1.1. Participant's Overview
- 7.4.1.2. Financial Performance
- 7.4.1.3. Product Benchmarking
- 7.4.1.4. Recent Developments/ Strategic Initiatives
- 7.4.2. Bayer AG
- 7.4.2.1. Participant's Overview
- 7.4.2.2. Financial Performance
- 7.4.2.3. Product Benchmarking
- 7.4.2.4. Recent Developments/ Strategic Initiatives
- 7.4.3. GlaxoSmithKline plc
- 7.4.3.1. Participant's Overview
- 7.4.3.2. Financial Performance
- 7.4.3.3. Product Benchmarking
- 7.4.3.4. Recent Developments/ Strategic Initiatives
- 7.4.4. Novartis AG
- 7.4.4.1. Participant's Overview
- 7.4.4.2. Financial Performance
- 7.4.4.3. Product Benchmarking
- 7.4.4.4. Recent Developments/ Strategic Initiatives
- 7.4.5. Pfizer, Inc
- 7.4.5.1. Participant's Overview
- 7.4.5.2. Financial Performance
- 7.4.5.3. Product Benchmarking
- 7.4.5.4. Recent Developments/ Strategic Initiatives
- 7.4.6. Eisai Co. Ltd.,
- 7.4.6.1. Participant's Overview
- 7.4.6.2. Financial Performance
- 7.4.6.3. Product Benchmarking
- 7.4.6.4. Recent Developments/ Strategic Initiatives
- 7.4.7. Sanofi.
- 7.4.7.1. Participant's Overview
- 7.4.7.2. Financial Performance
- 7.4.7.3. Product Benchmarking
- 7.4.7.4. Recent Developments/ Strategic Initiatives
- 7.4.8. Astellas Pharma
- 7.4.8.1. Participant's Overview
- 7.4.8.2. Financial Performance
- 7.4.8.3. Product Benchmarking
- 7.4.8.4. Recent Developments/ Strategic Initiatives
- 7.4.9. Takeda Pharmaceutical Company Limited
- 7.4.9.1. Participant's Overview
- 7.4.9.2. Financial Performance
- 7.4.9.3. Product Benchmarking
- 7.4.9.4. Recent Developments/ Strategic Initiatives
- 7.4.10. Gilead Sciences
- 7.4.10.1. Participant's Overview
- 7.4.10.2. Financial Performance
- 7.4.10.3. Product Benchmarking
- 7.4.10.4. Recent Developments/ Strategic Initiatives