The Viral Gastroenteritis Global Market Report 2023, provides comprehensive information on the viral gastroenteritis market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global viral gastroenteritis market is expected to grow from $5.99 billion in 2022 to $6.34 billion in 2023 at a compound annual growth rate (CAGR) of 6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The viral gastroenteritis market is expected to reach $7.68 billion in 2027 at a CAGR of 4.9%.
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Product innovation is the key trend gaining popularity in the viral gastroenteritis market. Major companies operating in the viral gastroenteritis market are focusing on developing new products to strengthen their position in the market. For instance, in November 2022, GlaxoSmithKline plc, a UK-based biopharmaceutical company, received approval from the US Food and Drug Administration (FDA) for its oral-dosing applicator-only presentation (liquid formulation) of ROTARIX to prevent rotavirus gastroenteritis in infants. This new presentation formulation becomes more convenient for healthcare providers by eliminating the need to reconstitute the vaccine dose at the point of use. The approval is supported by international clinical trial data demonstrating safety and tolerability compared to the lyophilized formulation and non-inferiority of immunogenicity.
The viral gastroenteritis market is segmented:
1) By Drugs: Antibiotics, Antacids, Laxatives, Antimotility Agents, Others Drugs
2) By Diagnosis: Physical Examination, Rapid Stool Test
3) By Indication: Watery Diarrhea, Abdominal Cramps, Pain, Other Indications
4) By Type Of Virus: Norovirus, Rotavirus, Astrovirus, Enteric Adenovirus
5) By End User: Hospitals, Clinics, Pharmaceutical Companies, Diagnostic Centers, Ambulatory Care Centers, Others End Users
North America was the largest region in the viral gastroenteritis market in 2022.
The table of contents in TBRC’s viral gastroenteritis market report includes:
- Executive Summary
- Viral Gastroenteritis Market Characteristics
- Viral Gastroenteritis Market Trends And Strategies
- Viral Gastroenteritis Market – Macro Economic Scenario
- Viral Gastroenteritis Market Segmentation
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- Viral Gastroenteritis Market Other Major And Innovative Companies
- Global Viral Gastroenteritis Market Competitive Benchmarking
- Global Viral Gastroenteritis Market Competitive Dashboard
- Key Mergers And Acquisitions In The Viral Gastroenteritis Market
- Viral Gastroenteritis Market Future Outlook and Potential Analysis
Top Major Players
- Pfizer Inc.
- AbbVie Inc.
- Bayer AG
- Sanofi S.A.
- AstraZeneca Plc.
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