Cytomegalovirus
Infection (CMV) Treatment Market: Introduction
·
Cytomegalovirus (CMV) infection is a herpes simplex virus
infection with numerous symptoms that are observed in people of all ages across
the world. This viral infection is communicable and spreads via body fluids
including blood, urine, saliva, semen, and breast milk. The people infected
with the cytomegalovirus (CMV) may have the virus in their saliva or urine for
months. The infection could also be transmitted from pregnant women to their baby
during delivery. Blood transfusion and infected organ transplant are the
secondary mode of disease transmission.
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·
The infection could be detected by serological testing methods
including Enzyme-linked immunoassay test. Most cases of cytomegalovirus (CMV)
go undiagnosed in the early stage of infection; hence, awareness about the
infection is a key factor. According to the Centers for Disease Control and
Prevention (CDC), in the U.S., around 150 infants are born with cytomegalovirus
infections every year and a few of them have long-term health issues.
·
The cytomegalovirus Infection (CMV) treatment market can be
segmented based on infection type, drug type, distribution channels
application, and region. Based on drug type, the market can be categorized into
Cidofovir, Foscarnet, Valganciclovir, and Ganciclovir. Based on application,
the market can be split into stem cell transplantation, congenital CMV
infection, organ transplantation & other applications. In terms of
distribution channel, the cytomegalovirus infection (CMV) treatment market can
be classified into hospital pharmacies, retail pharmacies, and ecommerce. Based
on infection type, the market can be segregated into retinitis, encephalitis,
gastrointestinal ulcers, pneumonia, and others.
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Opportunities of Global
Cytomegalovirus Infection (CMV) Treatment Market
·
Increase in cases of cytomegalovirus retinitis and congenital
CMV infection, increasing initiatives for creating awareness regarding
treatments and diagnosis of these diseases, and increasing clinical trial
intervention for the development of novel drugs are key factors that are likely
to fuel the market
·
Additionally, rising cases of viral infections among AIDS
patients owing to the weakening of immune systems is anticipated to propel the
demand for cytomegalovirus drugs. For instance, according to data published by
the CDC, approximately 36.7 million people were living with HIV infection in
2017. The wide availability of antiviral drugs to cure this ailment is
anticipated to boosts the demand for efficient treatment solutions.
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·
The market is likely to witness patent expiry of numerous drugs
during the forecast period. The expiry of patents resulted in the development
of generic drugs, which have the same drug constitution as the branded drugs;
however, they are available at lower prices. Additionally, physicians also
prescribe these drugs to patients, as these are cost-effective. Furthermore, a
positive reimbursement scenario that includes the diagnosis and treatments of
targeted disorders is projected to further propel the market. However, adverse
effects and risks associated with cytomegalovirus drugs may hamper the
cytomegalovirus (CMV) treatment market.
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North America to Capture
Major Share of Global Cytomegalovirus Infection (CMV) Treatment Market
·
North America is anticipated to hold a major share in the global
market during the forecast period. Strong regulatory scenario to promote
cellular therapy development, higher cost of treatment in the U.S., and
availability of various major biotechnology companies are fueling the market in
the region. The U.S. is a leading country in research as opposed to other
countries due to the exceptional research quality, significant government
funding, and rising research in the area.
·
The market in Asia Pacific is estimated to expand at a
considerable growth rate during the forecast period. Increasing investments by
developers and consumers in educating themselves about advanced medicinal
therapies is anticipated to propel the market in emerging economies of the
region. Additionally, the large patient pool is anticipated to further boost
the global cytomegalovirus infection (CMV) treatment market.
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Key Players Operating in
Global Cytomegalovirus Infection (CMV) Treatment Market
The global cytomegalovirus
infection (CMV) treatment market is highly fragmented, with the presence of
various key players. A large number of manufacturers hold a major share in
their respective regions.
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