Global Ivermectin Market, By Product (Solid and Liquid), By Application (Humans, Cow, Sheep, Pig, Po

Published Date: | Report Code : HC1941384

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Ivermectin Market is projected to register high demand during the forecast period with increasing demand from major application such as humans, Cow, Sheep, Pig, Poultry during the forecast period. Ivermectin is used as a medication to treat many types of parasite infestations, including scabies, head lice, river blindness, etc. Ivermectin doses are available in both solid and liquid forms. Usually, the solid is in the form of a tablet to be taken orally and liquid is in the form of a cream or lotion, which is to be applied on the skin for external infestations.

Segment Analysis

Based on the product, the ivermectin market has been segmented into solid and liquid. The solid segment is expected to account for the larger share of the market as compared to the liquid segment, as it is used to cure riverblindness. The demand for ivermectin is the highest from the human application segment. Several diseases and infections in humans such as onchocerciasis, lymphatic filariasis, and parasitic diseases are treated with ivermectin. It is also used to treat head lice infestations in patients six months and older.

Key Factors Impacting Market Growth:

  • The increasing number of diseases being cured by ivermectin
  • Acceptance of ivermectin as a safe drug for humans
  • Increasing awareness about onchocerciasis

Key Developments:  

  • In 2012, ivermectin was approved for the tropical treatment of head lice infestations in patients six months or older and is marketed under the name, ‘Sklice’.

Regional Outlook:

North America, Western Europe, and Asia Pacific by region are estimated to dominate the ivermectin market during the forecast period. These regions have been market leaders for the overall healthcare sector in terms of technological developments and advanced medical treatments. Moreover, the government policies have been favorable for the growth of the healthcare infrastructure in these regions. North America and Western Europe have an established healthcare infrastructure for product innovations and early adaptations. This is expected to drive the demand for ivermectin market during the forecast period. 

The US, Germany, France, UK, Canada, and Spain have been some the major markets in the region. Asia Pacific is estimated to register one of highest CAGR for ivermectin market during the forecast period. This region has witnessed strategic investments by global companies to cater the growing demand in the recent years. China, Japan, India, South Korea, and Australia are amongst some of the key countries for ivermectin market in the region. Other regions including Middle East, Eastern Europe, and Rest of the World (South America and Africa) are estimated to be emerging markets for ivermectin during the forecast period.

Companies Covered: Hero Pharmaceutical, Merck & Co, Hubei Yuancheng Saichuang, ENN, Delta Pharma Ltd., Valeant Pharmaceuticals International, Bausch Health Companies Inc…

Market Segmentation:

By Product:

  • Solid
  • Liquid

By Application:

  • Humans
  • Cow
  • Sheep
  • Pig
  • Poultry
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product
    • By Application
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product
    • By Application
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product
    • By Application
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product
    • By Application
  • Middle East
    • By Country (UAE, Qatar, Iran, Saudi Arabia, Rest of Middle East)
    • By Product
    • By Application
  • Rest of the World
    • By Region (South America, Africa)
    • By Product
    • By Application

Reasons to Buy This Report:

  • Market size estimation of the global ivermectin market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

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