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Cytomegalovirus Infection Market is Expected to Register a Considerable Growth by 2027

The report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The Cytomegalovirus Infection Market is projected to grow from USD 520.5 million in 2020 to USD 751.2 million by 2026 at a CAGR of over 6.3% during the forecast period.

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Segment Analysis

Based on drug type, the global cytomegalovirus infection market has been segmented into cidofovir, foscarnet, valganciclovir, and ganciclovir.

  • Among these, the ganciclovir segment held the highest market share in 2020 and is likely to register a healthy CAGR during the review period.
  • This is mainly ascribed to the widespread usage of this drug as anti-viral medicine to prevent and treat numerous infections. Also, it is highly effective and shows quick result.

By region, the North American market garnered the largest market share in 2020 and is likely to register a considerable CAGR during the review period. This can be attributed to high cost and better treatment in the US, extensive government funding, the strong regulatory framework for promoting cellular therapy development, and the presence of a large number of key biotechnology companies, thus accelerates the regional market growth. 

Features of the Report

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

About Stratview Research

Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making. It is a global market intelligence firm providing a wide range of services including syndicated market reports, custom research, and sourcing intelligence across industries, such as Advanced Materials, Aerospace & Defense, Automotive & Mass Transportation, Consumer Goods, Construction & Equipment, Electronics and Semiconductors, Energy & Utility, Healthcare & Life Sciences, and Oil & Gas.

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