Advancements in Healthcare Infrastructures are Driving the Growth of the Eosinophilic Esophagitis Treatment Market
Global eosinophilic esophagitis treatment market is growing at a CAGR of 6.4% during the forecast period (2024-2031). The increasing awareness programs for eosinophil-associated disorders drive market growth. In addition, the growing preference for personalized medicine and point-of-care testing along with the increasing development of a potential drug are contributing significantly towards the market growth. Furthermore, the rising technological advancements and modernization of the healthcare sector are presenting novel opportunities for the market, particularly in emerging regions. However, the market growth is challenged by the expensive treatment procedures and lack of awareness.
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The global eosinophilic esophagitis treatment market is segmented by product (budesonide oral suspension, fluticasone odt, mepolizumab, reslizumab, benralizumab, and others), by diagnosis (upper endoscopy, esophagus biopsy, and blood tests), by treatment (dietary therapy, medication, and dilation), and, by geographies (North America, Europe, Asia-Pacific, and Rest of the World).
The major players in the global eosinophilic esophagitis treatment market include AstraZeneca, Bristol-Myers Squibb, Novartis AG, Regeneron Pharmaceuticals, Inc., and Teva Pharmaceuticals Industries Ltd. among others. The market players are contributing significantly to the market growth, by the adoption of various business strategies, such as collaborations, mergers and acquisitions, product portfolio diversification, and more.
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