Market Trends of Trachoma Treatment Industry
This section covers the major market trends shaping the Trachoma Treatment Market according to our research experts:
Oral Route of Administration is Expected to Hold a Significant Share of the Market Over the Forecast Period
The oral route of administration is expected to have a big share of the market because it is the easiest and most popular way to give a drug. It is also easy to make, cheap, flexible in how dosage forms can be made and has the fewest sterility restrictions. As antibiotics are the first line of therapy for the targeted patient pool, this may boost the revenue growth of the segment. Most of the time, antibiotics, like azithromycin and tetracycline, are used to treat trachoma. Rising government programs to treat trachoma and the growing number of people who have it are the main things driving the segment growth.
According to information updated by the WHO in October 2022, Chlamydia trachomatis bacteria cause trachoma, which is an eye disease.It is considered a public health problem in 42 countries around the world, and it is responsible for the blindness or visual impairment of about 1.9 million people. Blindness from trachoma is irreversible and cannot be cured. The source also stated that, based on June 2022 data, 125 million people live in trachoma-endemic areas and are at risk of trachoma blindness. Thus, the high prevalence of trachoma is expected to boost segment growth.
Also, in June 2022, the Ministry of Public Health and Social Assistance of Guatemala (MPHSA) and the Pan American Health Organization (PAHO) worked together on a health campaign to operate on people with trachoma in Sololá. This was done to stop the disease from getting worse and causing people to lose their sight. Thus, the increasing initiatives by governments are also expected to boost segment growth.
Thus, the things we've talked about so far, like the growing number of people with trachoma and the growing number of government programs, are likely to boost segment growth during the study's forecast period.
Middle East and Africa is Expected to Hold a Significant Share in the Market and Expected to do the Same Over the Forecast Period
The Middle East and Africa are expected to hold a significant market share in the trachoma treatment market, as it is the most affected region with trachoma cases. The high prevalence of trachoma in the region and the rising initiatives by governments for the treatment of trachoma is expected to boost the market growth in the region.
According to a report published by WHO in November 2022, there are approximately 105,286,061 people living in the areas that warrant treatment with antibiotics, facial cleanliness, and environmental improvement for the elimination of trachoma as a public health problem in Africa in 2022. Thus, the high risk of trachoma in Africa and the increasing treatment of trachoma with antibiotics in the region are expected to boost the market growth in the region.
Furthermore, according to the data published by Orbis International in 2022, with funding from the Qatar Fund for Development, and the Qatar Creating Vision initiative, implemented by Orbis, they have launched in Ethiopia with a team of volunteers who will be supporting the vital sight-saving activity. The source also stated that until September 2023, Orbis will train over 600 volunteers, some of whom are part of Ethiopia's Health Development Army, and they will be given the skills needed to screen every adult in their community and identify anyone with trachoma. Thus, the rising initiatives by various organizations are also expected to boost the market growth.
Hence, the aforementioned factors such as the rising prevalence of trachoma and the increasing government initiatives are expected to boost the market growth in the region during the forecast period of the study.
