The global market for salivary gland infection treatment is projected to experience significant growth, anticipated to reach a valuation of US$ 12,300 million by 2033, from US$ 5054.79 million in 2023. This marks a robust compound annual growth rate (CAGR) of 9.3% over the forecast period. Such an optimistic outlook is primarily attributed to the increasing incidence of salivary gland infections and the enhanced availability of effective pharmaceuticals.
Between 2018 and 2022, the market recorded a steady CAGR of 5%, laying a solid foundation for the forthcoming surge in demand for treatments. Key factors propelling this growth include rising awareness about oral hygiene, advancements in medical diagnostics and treatment options, and the global prevalence of underlying conditions that predispose individuals to salivary gland infections.
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Poor oral hygiene, specific underlying health conditions, and the use of certain medications have been identified as critical contributors to the heightened risk of developing salivary gland infections. This acknowledgment has spurred a significant uptick in the demand for innovative and effective treatment solutions. Healthcare providers and pharmaceutical companies are increasingly focused on developing and distributing products and services aimed at diagnosing, treating, and managing these infections efficiently.
The global salivary gland infection treatment market is at the cusp of a transformative phase, fueled by a combination of technological advancements, improved access to healthcare, and an overarching emphasis on preventive oral care. As the market continues to evolve, stakeholders across the healthcare spectrum are poised to witness substantial opportunities for growth and development in the realm of salivary gland infection treatment solutions.
Key Takeaways from the Market Study:
- The global Salivary gland infection treatment market is expected to grow with 9.3% CAGR during 2023 to 2033.
- By treatment, medication is expected to hold 55% of the market share in 2023 for Salivary gland infection treatment market.
- North America is expected to possess 49% market share for Salivary gland infection treatment market in 2023.
- Europe Salivary gland infection treatment market size is expected to possess 43% market share in 2023.
“With a growing awareness of the importance of oral health and an increasing incidence of salivary gland infections, this market is poised for continued growth and innovation in the years to come.” states an FMI analyst
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Competitive Landscape:
Key players in the salivary gland infection treatment market are AbbVie Inc., Allergan, AstraZeneca, FUJIFILM Holdings Corporation, GlaxoSmithKline plc., Johnson & Johnson Services, Merck & Co., Inc., Pfizer Inc., Siemens Healthcare GmbH and Novartis AG
- Pfizer Inc, a key player in the salivary gland infection market is focusing on investing in research and development for testing medications under clinical trials.
- Siemens Healthcare GmbH, another key player in the salivary gland infection market is focusing on commercializing medications owing to the commonality of the ailment.
Key Segments Profiled in the Salivary Gland Infection Treatment Industry Survey:
Diagnosis:
- MRI
- CT Scan
- PET Scan
- Endoscopy
- Biopsy
Treatment:
- Medication
- Surgery
Distribution Channel:
- Hospital Pharmacy
- Retail Pharmacy
- Online Pharmacy
End Users:
- Hospitals
- Clinical Laboratories
- Ambulatory Surgical Centres
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa(MEA)
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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