Albendazole Market worth 7.4% CAGR by 2026
" COVID-19 impact on Albendazole market, size, share, growth, industry analysis, and forecast 2020-2026 "
Albendazole is also called albendazolum, which is a medication used in the treatment of different types of parasitic worm infestations. It is useful for diseases such as giardiasis, trichuriasis, filariasis, neurocysticercosis, hydatid disease, and pinworm diseases. This is a tablet that is taken orally either by crushing or chewing or taken whole.
Helminthiasis is also called a worm infection, a macro parasitic disease observed in humans and animals, where a part of the body is infected with parasitic worms, known as helminths. An increase in the number of helminths infections caused by hookworm, roundworm, whipworm, and other worms is anticipated to boost the demand for anthelmintic drugs for the treatment. This, in turn, is projected to fuel the growth of the global market. In addition to that, these albendazole drugs are also given to certain animals for the treatment of few infections. The involvement of government and private sector organizations in spreading awareness regarding animal care's significance will further boost the Albendazole market growth.
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Furthermore, developing countries generate lucrative opportunities in the albendazole drugs market since the incidence of helminthic infection rate is high in emerging regions such as the Asia Pacific. Moreover, modernization with regards to better health care infrastructure is also expected to create opportunities in the market.
The Albendazole Market research report titled “Albendazole Market based on Target Pathogen, End-use and Distribution Channel and Geography – Global Forecast up to 2026”
Some of the leading players of the market are Sequent Scientifi, Lasa Laboratory Pvt Ltd, CHANGZHOU YABANG, GlaxoSmithKline, and MANAV DRUGS.
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North America is dominating the albendazole market and the Asia Pacific region is expected to have a lucrative growth rate. The lucrative growth is owing to factors including mounting awareness about the helminthic infection and the presence of rural areas which are underdeveloped and unhygienic.
The report consists of 108 Tables and 65 charts depicting the in-depth market study and the impact analysis of COVID-19 by Vendor name. View detailed TOC here.
Albendazole Market based on Target Pathogen
Albendazole Market based on End-use
- Ascaris Infection Treatment
- Pinworm Infection Treatment
Albendazole Market based on Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
- Veterinary Clinics
Albendazole Market based on Geography
- North America
- Asia Pacific
- Rest of the World