Encephalomyelitis Market 2020 | Growth Drivers Challenges, Trends and Industry D

Posted by shriya on May 31st, 2021

Global Encephalomyelitis Market Overview

Inflammation of the brain and spinal cord is called encephalomyelitis. Encephalomyelitis has a number of causative factors such as bacteria and viral infection, among others. In the past few years, the prevalence of encephalomyelitis is increasing, which has led to the disease to get larger awareness. World Health Organization has reported that around 4.3 million people worldwide suffer from encephalomyelitis. In the initial stages of encephalomyelitis, the person is bound to witness symptoms such as headache, confusion, fever, and in worse cases, hallucinations, memory loss, and trouble with speech.

The global encephalomyelitis market is anticipated to elevate at an 8.1% CAGR over the forecast period of 2017-2023, as per Market Research Future (MRFR) in their latest analysis. Other factors leading to the fast-paced growth in the encephalomyelitis market include an increase in the prevalence of autoimmune diseases such as AIDS and Lyme diseases. People suffering from such diseases are highly prone to catching encephalomyelitis due to a weakened immune system. 

Market Segmentation

The global encephalomyelitis market is studied for various segments for a detailed and accurate analysis. Such segmentation has been done by types, end-users, and treatment. Based on types, the global encephalomyelitis market is segmented into acute disseminated encephalomyelitis, encephalomyelitis disseminate, antismog associated encephalomyelitis, equine encephalomyelitis, and AIDS-related encephalomyelitis. Based on treatment, the global encephalomyelitis market is segmented into plasmapheresis, surgery, and drug treatment. The segment of drug therapy is further segmented into antibiotics, antiviral medication, sedatives, NSAIDS, mood stabilizers, and steroids. Based on end-users, the global encephalomyelitis market is segmented into clinics and hospitals.

Detailed Regional Analysis

The global encephalomyelitis market is segmented by region into the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas are likely to dominate the encephalomyelitis market over the forecast period owing to the rising prevalence of patients with encephalomyelitis and other autoimmune diseases. Such a growing prevalence of patients has encouraged the government to announce initiatives to support manufacturers for the development of advanced and effective drugs. Also, high healthcare expenditure, well-developed healthcare infrastructure, and strong support for research and development are likely to fuel the regional encephalomyelitis market over the assessment period.

Key Players

The global encephalomyelitis market report has profiled many prominent players, including Bristol-Myers Sanofi (France), Squibb Company (U.S.), GlaxoSmithKline Plc. (U.K), Amgen, Inc. (U.S.), Spectrum Pharmaceuticals Inc. (U.S.), Merck & Co., Inc. (U.S.), Novartis AG (Switzerland), Bayer AG (Germany), Eli Lilly and Company (U.S.), F. Hoffmann-La Roche Ltd. (Switzerland), AstraZeneca Plc. (U.K), AbbVie Inc. (U.S.), Janssen Biotech, Inc. (U.S.), Takeda Pharmaceuticals (Japan), Pfizer, Inc. (U.S.), Immunomedics (U.S.), and Oncomed Pharmaceuticals (U.S.).

Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/encephalomyelitis-market-4874

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