According to FutureWise analysis the market for Antiparasitic Drugs in 2023 is US$ 24.76 billion, and is expected to reach US$ 38.93 billion by 2031 at a CAGR of 5.80%.
Antiparasitic are drugs that treat parasitic infections. These drugs work by killing parasites and stopping their growth or paralyzing them. Parasites are microorganisms that live inside or on another organism, referred to as the host organism, and gain benefit at the expense of their host organism. Parasites are responsible for billions of human infections, including malaria. While parasites can include a diverse array of microorganisms, including fungi and bacteria, medically relevant parasites known to cause disease in humans are protozoa, anthelmintics, and ectoparasites. Antiparasitic medications do not work for viral infections such as the common cold and flu. Treatment options vary, depending on the specific causative organism within each class.
Anthelminthic drugs, also known as antiparasitic, act against parasitic worms as either vermicides or vermifuges. Vermicides act by killing the worms, whereas vermifuges help expel the worms, usually in their live state. The ideal anthelminthic drug would have a broad therapeutic index to ensure it is more toxic to the parasitic worm than the host. Anthellminthic drugs can be grouped based on the class of parasitic worms they act on and the drug's chemical structure. Also, Ectoparasites organisms are that live externally on the skin of hosts. They include mites, fleas, ticks, lice, and bedbugs, and they infest the skin and its appendages, causing symptoms such as intense pruritis. Diseases caused by ectoparasites include myiasis, pediculosis, scabies, and trombiculosis.
FutureWise Market Research has published a report that provides an insightful analysis antiparasitic drugs market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry. According to the analysis conducted by FutureWise research analysts antiparasitic drugs market is estimated to register a considerable growth rate over the forecast period. This report lists the market segments and potential prospects available across this industry, in addition providing crucial information on the total valuation currently held by the industry. Moreover, this report will assist key management individuals in an organisation to enhance their decisions pertaining to business expansion as well as strategic changes for increasing customer base.