Spotted Fever Treatment Market Share

On the basis of geographical analysis, the global spotted fever treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and the Middle East & Africa region. North America industry is poised to account for largest revenue share by 2036, backed by high number of cases of patients with spotted fever, and presence of climatic conditions favoring the occurrence of tickborne diseases. As per another report by the CDC, the total cases of spotted fever in the U.S. have risen in the last 2 decades, from 495 cases in 2000, to 6,248 cases in 2017. However, 5,544 and 5,207 cases of the disease were reported in 2018 and 2019 respectively.

In addition, large healthcare expenditure is also a major factor projected to boost the growth of the market in the coming years. Moreover, the market in Latin America is also anticipated to grab a sizeable share during the forecast period ascribing to the growing prevalence of tick-based infections and improper maintenance of cleanliness in various parts of the region.