Trachoma Treatment Market – By Drug Class (Macrolides, Tetracycline, Ophthalmic Anti-infective), Route of Administration (Oral, Topical), Age-group (Children, Adult), Distribution Channel (Hospital, Retail, & Online Pharmacy), Global Forecast (2024 – 2032)
Published on: 2024-07-10 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Trachoma Treatment Market – By Drug Class (Macrolides, Tetracycline, Ophthalmic Anti-infective), Route of Administration (Oral, Topical), Age-group (Children, Adult), Distribution Channel (Hospital, Retail, & Online Pharmacy), Global Forecast (2024 – 2032)
Trachoma Treatment Market Size
Trachoma Treatment Market size was valued at USD 532.4 million in 2023 and is anticipated to grow at a CAGR of 5.9% between 2024 and 2032. Continuous efforts of various organizations and governments to eliminate trachoma as a public health problem have significantly boosted the demand for treatment options.
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For instance, in September 2023, the Pan American Health Organization (PAHO) and the Government of Canada launched an initiative to eliminate trachoma in Latin America, with a focus on strengthening surveillance and expanding technical cooperation in ten Latin American and Caribbean countries. Similarly, The Carter Center's Trachoma Control Program works with ministries of health in four African countries to eliminate blinding trachoma. Such initiatives to create disease awareness and increase screening are anticipated to drive the demand for effective treatments, thereby fostering market growth.
Report Attribute | Details |
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Base Year | 2023 |
Trachoma Treatment Market Size in 2023 | USD 532.4 Million |
Forecast Period | 2024 - 2032 |
Forecast Period 2024 - 2032 CAGR | 5.9% |
2032 Value Projection | USD 887.7 Million |
Historical Data for | 2021 – 2023 |
No. of Pages | 150 |
Tables, Charts & Figures | 264 |
Segments covered | Drug Class, Route of Administration, Age-group, Distribution Channel, and Region |
Growth Drivers |
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Pitfalls & Challenges |
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Trachoma is a bacterial infection that affects the eyes and is the leading infectious cause of blindness worldwide. The primary treatment for trachoma is antibiotics. Trachoma treatment includes various medical interventions and strategies employed to manage and eliminate trachoma. The primary goal of treatment is to halt the progression of the disease, prevent blindness, and reduce transmission within communities.
Trachoma Treatment Market Trends
- The high prevalence of trachoma serves as a significant growth driver for the market. Trachoma is a leading cause of preventable blindness globally, particularly in low-resource settings with poor sanitation and limited access to healthcare.
- For instance, as per the Pan American Health Organization (PAHO), globally, in April 2023, an estimated 115.7 million people lived in areas where the prevalence of trachoma in children aged 1 to 9 years was ≥5%. Further, the estimated global burden of trachomatous trichiasis in 2023 was 1.5 million cases.
- This high prevalence has led to increased efforts by governments, non-profit organizations, and pharmaceutical companies to develop and distribute treatments, driving the growth of the market.
- Thus, as awareness of the disease grows and initiatives to eliminate trachoma gains momentum, the market is expected to expand further, addressing the significant unmet medical need in affected communities.
Trachoma Treatment Market Analysis
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Based on drug class, the market is segmented into macrolides, tetracycline, ophthalmic anti-infective, and sulfonamides. The macrolides segment dominated the market is 2023 and accounted for USD 240.2 million.
- Macrolides, such as azithromycin, are highly effective in treating trachoma. These drugs are often preferred for their broad spectrum of activity against the bacteria responsible for trachoma.
- Additionally, macrolides are well-tolerated and typically require shorter treatment durations compared to other antibiotics, thus improving patient compliance, and increasing adoption rates.
- Further, the ease of administration, favorable safety profile, and established efficacy make macrolides a cornerstone in the treatment of trachoma, contributing significantly to their high market share in this therapeutic area.
Based on route of administration, the trachoma treatment market is segmented into oral and topical. The oral segment dominated the market with 62% of market share in 2023.
- Oral antibiotics are the primary treatment option for trachoma.
- Additionally, oral treatments are more cost-effective compared to other routes of administration, making them more accessible to a larger population.
- Moreover, oral medications are generally well-tolerated and have a lower risk of local side effects compared to topical or injectable treatments, which is particularly important in the treatment of chronic conditions like trachoma.
- Thus, the high preference for oral medications in trachoma treatment drives the segmental growth
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Based on age-group, the trachoma treatment market is categorized into children, adults, and geriatric. The children segment dominated the market and is predicted to grow at CAGR of 6% over the forecast period.
- Due to their immature immune systems and greater likelihood of exposure to contaminated environments, children are at a higher risk of contracting and spreading the disease.
- For instance, as per the WHO, trachoma is common among preschool-aged children, with prevalence rates which can be as high as 60–90%.
- Additionally, factors such as poor hygiene, close contact with infected individuals, such as family members or classmates, and lack of awareness increases the disease burden in children.
- As a result, there is a significant focus on developing and distributing treatments specifically tailored for children, driving the high market share of the children segment in the market.
Based on distribution channel, the trachoma treatment market is segmented into hospital pharmacy, retail pharmacy, and online pharmacy. The hospital pharmacy segment held highest market share in 2023 and is anticipated to reach USD 475.9 million by 2032.
- Hospital pharmacies hold the highest market share in the market due to their ability to offer centralized access to medications for patients undergoing treatment for trachoma.
- They are integral in ensuring the availability and distribution of essential medications for trachoma treatment, ensuring specialized handling, storage, and administration according to strict safety protocols.
- Additionally, expert pharmacists and staff at hospital pharmacies provide specialized support and guidance to both patients and healthcare providers, enhancing the quality of care. These factors contribute to the dominance of hospital pharmacies in the market
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North America trachoma treatment market is anticipated to grow at a CAGR of 5.7% over the forecast years to reach USD 352.6 million by 2032.
- The region benefits from advanced healthcare infrastructure and a high level of awareness about trachoma, which leads to early diagnosis and treatment.
- Additionally, robust government initiatives and funding for healthcare, along with strong support from non-governmental organizations, contribute to the widespread availability of treatments and prevention programs.
- Moreover, the presence of key market players and research institutions focused on eye health in North America further boosts the market growth.
U.S. trachoma treatment market was valued at USD 196.6 million in 2023.
- Well-established healthcare infrastructure in the country, which includes advanced medical facilities, and a highly skilled workforce enables efficient diagnosis and treatment of trachoma, contributing to the market growth.
- Furthermore, the country's robust research and development sector continuously innovates new treatments and therapies for trachoma, further solidifying its position in the market.
UK has emerged as a key player in the global market for trachoma treatment, showcasing high growth potential.
- UK's commitment to global health and its strong support for initiatives targeting neglected tropical diseases positions it as a key player in driving innovation and access to trachoma treatments.
- Additionally, the country’s robust healthcare infrastructure, research capabilities, and collaborations with pharmaceutical companies and international organizations, further contribute to market growth.
China trachoma treatment market is anticipated to witness lucrative growth between 2024 – 2032.
- China is a major hub for pharmaceutical research and development. Leading pharmaceutical companies and biotechnology firms in the country are actively engaged in the development and production of trachoma drugs, contributing to market growth.
- Additionally, the government's proactive measures in public health and the increasing access to healthcare services in remote areas are likely to drive the demand for trachoma treatment.
Trachoma Treatment Market Share
The trachoma treatment industry is characterized by the presence of leading pharmaceutical companies. The key market players include F-Hoffman La Roche Ltd., Novartis AG, and Eli Lilly and Company which are focused on developing improved treatments, such as longer-acting formulations and innovative therapies. Market players compete on factors like efficacy, safety, patient convenience, and cost-effectiveness.
Trachoma Treatment Market Companies
Prominent players operating in the trachoma treatment industry include
- AstraZeneca
- Bausch Health Companies Inc.
- Bayer AG
- Eli Lilly and Company
- F. Hoffmann-La Roche Ltd.
- GlaxoSmithKline plc
- Merck & Co., Inc.
- Mylan N.V.
- Novartis AG
- Pfizer Inc.
- Sanofi
- Teva Pharmaceutical Industries Ltd.
Trachoma Treatment Industry News
- In January 2023, Pfizer, and the International Trachoma Initiative (ITI) donated one billion Zithromax (azithromycin) dose as part of the World Health Organization’s (WHO) recommended S.A.F.E. strategy to help prevent and treat trachoma. Pfizer's commitment to distributing Zithromax for trachoma elimination has helped reduce the global burden of the disease and contributed to the elimination of trachoma as a public health problem in several countries.
- In June 2022, Pfizer Inc. announced that they will extend the donation of antibiotic Zithromax for the elimination of trachoma until 2030, strengthening the company’s commitment to fighting against one of the leading infectious causes of blindness.
The trachoma treatment market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 - 2032 for the following segments
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Market, By Drug Class
- Macrolides
- Tetracycline
- Ophthalmic anti-infective
- Sulfonamides
Market, By Route of Administration
- Oral
- Topical
Market, By Age-group
- Children
- Adults
- Geriatric
Market, By Distribution Channel
- Hospital pharmacy
- Retail pharmacy
- Online pharmacy
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Netherlands
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East and Africa
Table of Content
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