Rodenticides Market Growth at CAGR of 3.9%, 2018-2023 - Latest Challenges and Trends

Rodenticides Market Overview

Rodents are mammals characterized by upper and lower pairs of ever-growing rootless incisor teeth. Rodenticides are pesticides that kill rodents. Rodenticides have the same effect when eaten by any mammal. They can also affect birds. Rodenticides are usually formulated as baits, which are designed to attract animals.

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Increased prevalence of rodent-related diseases and rising demand for rodent control are likely to be major factors driving market growth. Rising awareness amongst farmers and horticulturists concerning adverse effects of rodents on crops and developing farming techniques are predicted to further supplement the global market growth. Increasing population and rising consciousness regarding healthy environment are likely to augment demand for rodenticides over the coming years. Strict regulations by governmental agencies over rodenticides usage and resulting soil contamination are further likely to challenge the global market.

Hemophilia Management Market Overview

Hemophilia is a genetic disorder which impairs body`s capacity to control blood clotting. Hemophilia generally occurs in males it is estimated that about 1 in 5000 males that are born each year contain hemophilia.

Hemophilia is categorized into three levels depending on its severity as severe, moderate and the mild. About 80% of the hemophilia patients are measured to suffer from severe type. The worldwide incidence of hemophilia is approximated at more than 400,000 people. It is approximated that about 75% of the hemophilia patients do not receive adequate treatment.

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Increasing prevalence of the disease and increasing usage of recombinant product is expected to drive the market growth. Technological advancements and advancements in the novel coagulating aspects and are also fuelling the growth of global Hemophilia Management market. Growing investments in Research and developments for hemophilia products is also driving the market growth. However lack of available medication, awareness of this disease and high cost of treatment are the main restraining factors in the market. Advancements in gene therapy and rising number of drug approvals for the treatment of hemophilia provide immense growth opportunities in the market.

Hemophilia Management Market Forecast Report (2018-2023)

Hemophilia Management Market worth was USD 5.35 billion in 2018 and estimated to be growing at a CAGR of 1.62%, to reach USD 5.8 billion by 2023.

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Hemophilia Management Market Segmentation

Global Hemophilia management market is classified on the basis of type of hemophilia and type of drug. By type of hemophilia it is further sub classified into Hemophilia A and Hemophilia B. Based on type of drug it is further sub classified into Octocogalfa, Nonacogalfa, Desmopressin and other drugs. Hemophilia A is projected to have the high growth rate driven by large number of patients suffering from hemophilia A


On the basis of geography Global hemophilia management market is classified under various regions namely North America, Europe, Asia-pacific, Latin America and Africa & Middle-East. North America is the large market for hemophilia management due to high government support and the rising number of patients suffering from hemophilia. Europe is the second largest market for the hemophilia management. Asia-Pacific region is estimated to be the quick growing region owing to its high population base and rising healthcare expenditure. Latin America region provide lucrative opportunity for growth attributed to local government support and rising focus of global players towards emerging economies.

Key Developments in the Market

This report gives a pin-point analysis of current market dynamics. It analyses the limitations in hemophilia management market and also describes the growth opportunities.
In this report estimations are done by considering present market conditions and future market potential for the period.
The market for treatment of hemophilia is classified based on the medicines used to give understanding about current scenario of available drugs and to understand the need for novel therapies
The industrial scenario is analysed using Porter’s five forces model, which will help in better understanding the market and formulation of new strategies.
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Major Players:

Some of the key companies in hemophilia management market are

Biogen
Baxter International Inc
Pfizer Inc., Bayer Pharma AG
Novo Nordisk A/S
Grifols International SA
CSL Behring
Octapharma
Swedish Orphan Biovitrum AB
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Market Data Forecast is determined working in the areas of market research, business intelligence and consulting. We have a great experience in research and consulting for various business domains to cater the needs of both individual and corporate clients.

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Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: www.marketdataforecast.com

Rodenticides Market Forecast Report (2018-2023)

Global Rodenticides Market Value was worth USD 950 million in 2018 and estimated to reach USD 1166.98 million by the end of 2023 with a growing potential at a CAGR of 3.9 %.

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Rodenticides Market Segmentation

The Global Rodenticides Market is segmented on the basis of type, mode of application and end-user. On the basis of type, the Rodenticides market is categorized into Non-anticoagulant and Anticoagulant. Based on application, the market is segmented into pellets, powders and sprays. On the basis of End Use it is segmented into Agricultural Fields, Urban Centers, Warehouses, Pest Control Companies and Household Consumers.

Based on Geography, the Rodenticides market is segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. North America trailed by Asia Pacific, is the major market for rodenticides. North America accounts as a major producer and exporter of corn among others, the rodenticides requirement to protect corn is expected to drive the market in the region.

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Major Players:

The major companies dominating this market for its products and services are

BASF SE
Bayer Crop Science
Neogen Corp.
Impex Europa S.L.
T. Eaton & Co.
Liphatech, Pelgar International
Syngenta SA
UPL Limited.
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About Us

Market Data Forecast is a firm working in the areas of market research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.

For more information:

Abhishek Shukla

Sales Manager at Market Data Forecast

Email: abhishek@marketdataforecast.com

Tel: +1-888-702-9626

Website: www.marketdataforecast.com

This release was published on openPR.