Report Code: A13360 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Giardiasis Treatment Market
Request Now !Giardiasis is a type of protozoan infection and also termed as Beaver Fever. Giardiasis is disease condition caused by Giardia Duodenalis also known as G. lamblia and G. intestinalis. About 10% of population who got infected by giardiasis showed no symptoms. Moreover, this disease shows symptoms like diarrhea, abdominal pain, & weight loss. It is generally spread due to contaminated food & water. Giardiasis can be detected by diagnosis of stool samples. Primary condition of this disease can be cured without medication. Metronidazole, Tinidazole, Secnidazole, and Ornidazole are prescribed for treatment of giardiasis. Â
COVID-19 Impact Analysis            Â
COVID-19 is an infectious disease that originated in Hubei province of the Wuhan city in China in late December. The highly contagious disease, caused by a virus, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a public health emergency on March 11, 2020.
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing shortage of these drugs. Thus, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future owing to the demand for vaccine and treatment drugs for COVID-19. This in turn is expected to have a significant impact on the giardiasis treatment market.
Top Impacting Factors
Market Trends
New Product Launches to Flourish the Market
In 2021, Lupin announced launch of Nitazoxanide 500mg tablet. It is a generic version of Alinia tablets and use in treatment of diarrhea caused due to Giardia lamblia in patients 12 years of age and above.
In 2018, Lupin announced its subsidiary company Symbiomix Therapeutics lunch of Solosec 2g granules. This product contain Secnidazole which is helpful in treatment of giardiasis.
Key Benefits of the Report
Questions Answered in the Giardiasis Treatment Market Report             Â
Giardiasis Treatment Market Report Highlights
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Key Market Players | Roxane Laboratories, Inc., Lupin Pharmaceuticals, Inc., Aurobindo Pharma Limited, F. Hoffmann-La Roche Ltd, Teva Pharmaceuticals, Heritage Pharmaceuticals Inc., Pfizer Inc., Baxter International Inc., Zydus Pharmaceuticals Inc., Abbott Laboratories |
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