Easy Steps To A Winning Chronic Fatigue Syndrome Therapeutics Market Strategy
Posted: Mar 22, 2020
The global chronic fatigue syndrome therapeutics market size will grow by USD 44.31 million during 2019-2023. This market report provides a detailed analysis of the market by product (pain relievers and nonsteroidal anti-inflammatory drugs (NSAIDs), antidepressant and antipsychotic drugs, and antimicrobial and immunomodulatory drugs) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on many market vendors, including Hemispherx Biopharma Inc., Lupin Ltd., Mylan NV, Pfizer Inc., and Teva Pharmaceutical Industries Ltd.
Key Insights on Chronic Fatigue Syndrome Therapeutics Market - Global Forecast 2019-2023
Browse TOC and LoE with selected illustrations and example pages of on chronic fatigue syndrome therapeutics market
Viral infection, psychological stress, genetic factors, or a combination of these factors are proven to increase the risk of chronic fatigue syndrome (CFS). The prevalence rate of these conditions is increasing, which is contributing to the high incidence rate of CFS. The condition is four times more prevalent in women than in men. To help individuals with CFS, many public and private organizations are undertaking initiatives to increase awareness about the condition and its treatment methods. As there are no approved drugs for the treatment of CFS, off-label drugs are being prescribed to patients for symptomatic treatment, which is contributing to chronic fatigue syndrome therapeutics market growth.
There is a significant unmet need in the CFS therapeutics market because of the lack of approved and effective drugs. Therefore, there is a growing focus on the R&D of novel drugs. As a result, pharmaceutical companies and institutions have started focusing on conducting clinical trials on candidate drugs. For instance, Bateman Horne Center (BHC), in the US, is conducting phase I/II clinical trials to investigate the safety, tolerability, and efficacy of CT38 for the treatment of ME (myalgic encephalomyelitis)/CFS. Increased R&D funding will also contribute to market growth over the forecast period. The chronic fatigue syndrome therapeutics market analysis predicts the market to register a CAGR of over 4% during 2019-2023.Top Companies in Chronic Fatigue Syndrome Therapeutics Market
The global market is moderately fragmented. To help clients improve their market positions, this chronic fatigue syndrome therapeutics market forecast report provides an analysis of the market’s competitive landscape and offers information on the drugs offered by various companies. This report also includes information on the upcoming chronic fatigue syndrome therapeutics market trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
The report offers a detailed analysis of leading chronic fatigue syndrome drugs providers, including:
- Hemispherx Biopharma Inc.
- Lupin Ltd.
- Mylan NV
- Pfizer Inc.
- Teva Pharmaceutical Industries Ltd.
- Antidepressant and antipsychotic drugs
- Antimicrobial and immunomodulatory drugs
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