Global Beri Beri Treatment Market Size, Share, and COVID-19 Impact Analysis, By Disease Type (Wet Beriberi, Dry Beriberi, and Infantile Beriberi), By Treatment (Thiamine Supplements, Intravenous Thiamine Therapy, and Oral Medications), By End-User (Hospitals, Clinics, Specialty Centers, and Home Care), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Automotive & Transportation

RELEASE DATE Sep 2024
REPORT ID SI6308
PAGES 231
REPORT FORMAT PathSoft

Global Beri Beri Treatment Market Insights Forecasts to 2033

  • The Global Beri Beri treatment Market Size was Valued at USD 209 Million in 2023
  • The Market Size is Growing at a CAGR of 13.85% from 2023 to 2033
  • The Worldwide Beri Beri treatment Market Size is Expected to Reach USD 765 Million by 2033
  • North America is Expected to Grow the fastest during the forecast period.

 

 

Global Beri Beri Treatment Market

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The Global Beri Beri Treatment Market Size is Anticipated to Exceed USD 765 Million by 2033, Growing at a CAGR of 13.85% from 2023 to 2033.

 

Market Overview

The term Beriberi is derived from a Sinhalese word that means "extreme weakness" is a condition characterized by severe and potentially life-threatening symptoms, and is caused by a lack of thiamine, or vitamin B-1, which is essential for various bodily functions. Thiamine is obtained through diet and plays a role in breaking down carbohydrates, muscle contraction, nerve cell conduction, glucose production, and digestion. There are two main forms of beriberi wet beriberi, which affects the cardiovascular system, leading to poor circulation and fluid buildup in the tissues, and dry beriberi, which primarily affects the nervous system, leading to nerve degeneration, muscle atrophy, and loss of reflexes. The leading cause of beriberi is either a low-thiamine diet or a problem limiting the body's ability to process thiamine. Beriberi is rare in developed countries, but in the United States, fortified foods like bread and cereals can prevent deficiency. Symptoms of wet beriberi include increased heart rate, fatigue, and shortness of breath, while dry beriberi symptoms include general pain, vomiting, difficulty walking, and confusion. Diagnosis relies on blood and urine tests to measure thiamine levels in the bloodstream. As per the data provided by the National Institutes of Health, thiamine deficiency is responsible for up to 45% of under-5 deaths in Cambodia, 34% of infant deaths in Laos, and 17% of infant deaths in Myanmar.

 

Report Coverage

This research report categorizes the market for the global beri beri treatment market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global beri beri treatment market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global beri beri treatment market.

 

Global Beri Beri Treatment Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 209 Million
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :13.85%
2033 Value Projection:USD 765 Million
Historical Data for:2019-2022
No. of Pages:231
Tables, Charts & Figures:110
Segments covered:By Disease Type, By Treatment, By End-User, By Region
Companies covered:: Leben Laboratories Pvt. Ltd, AvKARE, LLC, Franco- aurochem, EZ Melts, Swanson, Mylan N.V., BulkSupplements, Nature’s Way Products, LLC, Synokem Pharmaceuticals Ltd., Fresenius Kabi USA, Nutricost, GSK Plc., Bayer AG, Novartis AG, Solgar Inc., and Others
Pitfalls & Challenges:Covid 19 Impact Challanges, Future, Growth and Analysis

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Driving Factors

The beriberi treatment market is driven by factors such as the increasing prevalence of thiamine deficiency, especially in developing regions, increased awareness of the disease, advancements in diagnostic techniques, and the availability of effective treatment options like thiamine supplements and intravenous therapies. The demand for treatment is also driven by lifestyle-related conditions like chronic alcoholism. Public health initiatives and government programs also play a crucial role which aims at improving nutritional intake and preventing vitamin deficiency.

 

Restraining Factors

The beriberi treatment market faces challenges due to limited awareness, economic constraints in low-income regions, lack of healthcare infrastructure, and government initiatives. Misdiagnosis of symptoms, economic constraints, and competition from alternative treatments could slow market growth.

 

Market Segmentation

The global beri beri treatment market share is classified into disease type, treatment, and end-user.

 

  • The wet beriberi segment is expected to hold the largest share of the global beri beri treatment market during the forecast period.   

Based on the disease type, the global beri beri treatment market is divided into wet beriberi, dry beriberi, and infantile beriberi. Among these, the wet beriberi segment is expected to hold the largest share of the global beri beri treatment market during the forecast period. The wet beriberi segment is expected to experience significant growth in the beriberi treatment market due to its severe and life-threatening nature. This necessitates urgent medical attention, including hospitalization and intravenous thiamine therapy. The increasing prevalence of cardiovascular complications linked to thiamine deficiency, especially in regions with high malnutrition and alcoholism rates, is driving demand for treatments. Healthcare providers are prioritizing early diagnosis and prompt intervention.

 

  • The thiamine supplements segment is expected to grow at the fastest CAGR in the global beri beri treatment market during the forecast period.   

Based on the treatment, the global beri beri treatment market is divided into thiamine supplements, intravenous thiamine therapy, and oral medications. Among these, the thiamine supplements segment is expected to grow at the fastest CAGR in the global beri beri treatment market during the forecast period. Thiamine supplements are projected to see a substantial increase in the beriberi therapy market due to increasing awareness of thiamine deficiency as a preventable and treatable condition, particularly in high-risk populations like malnutrition or chronic alcoholism. These supplements are widely accessible, cost-effective, and easy to administer, making them a preferred option for both prevention and treatment.

 

  • The home care segment is expected to grow at the fastest CAGR in the global beri beri treatment market during the forecast period.   

Based on the end-user, the global beri beri treatment market is divided into hospitals, clinics, specialty centers, and home care. Among these, the public charging segment is expected to grow at the fastest CAGR in the global beri beri treatment market during the forecast period. The growth of home-based care is primarily due to the increasing preference for it, especially among chronic conditions and those managing thiamine deficiency. The convenience and cost-effectiveness of home care, along with remote healthcare technologies like telemedicine, make it easier for patients to receive ongoing care without frequent hospital visits. The aging population and self-care practices are also driving demand for homecare solutions.

 

Regional Segment Analysis of the Global Beri Beri Treatment Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Asia Pacific is anticipated to hold the largest share of the global beri beri treatment market over the predicted timeframe.

 

Global Beri Beri Treatment Market

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Asia Pacific is anticipated to hold the largest share of the global beri beri treatment market over the predicted timeframe. The region is going to dominate the global beriberi treatment market due to its high prevalence of thiamine deficiency in developing countries like India, China, and Southeast Asia. This is due to malnutrition, dietary inadequacies, and alcoholism, leading to a higher demand for thiamine supplementation and treatment. The region's growing healthcare infrastructure, government initiatives, and increased awareness of the disease further strengthen the market. The affordability and accessibility of thiamine treatments make it a key player in the global beriberi treatment market.

 

North America is expected to grow at the fastest pace in the global beri beri treatment market during the forecast period. The region's market for beriberi treatments is bolstered by advanced healthcare infrastructure, high-quality treatments, and widespread awareness of nutritional deficiencies. Public health initiatives and clinical guidelines promote early diagnosis and prevention of thiamine deficiency, particularly in Mexico, where malnutrition is prevalent. The industry is primarily driven by preventative healthcare and specialized treatments.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global beri beri treatment market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Leben Laboratories Pvt. Ltd
  • AvKARE, LLC
  • Franco- aurochem
  • EZ Melts
  • Swanson
  • Mylan N.V.
  • BulkSupplements
  • Nature's Way Products, LLC
  • Synokem Pharmaceuticals Ltd.
  • Fresenius Kabi USA
  • Nutricost
  • GSK Plc.
  • Bayer AG
  • Novartis AG
  • Solgar Inc.
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global beri beri treatment market based on the below-mentioned segments: 

 

Global Beri Beri Treatment Market, By Disease Type

  • Wet Beriberi
  • Dry Beriberi
  • Infantile Beriberi

 

Global Beri Beri Treatment Market, By Treatment

  • Thiamine Supplements
  • Intravenous Thiamine Therapy
  • Oral Medications

 

Global Beri Beri Treatment Market, By End-User

  • Hospitals
  • Clinics
  • Specialty Centers
  • Home Care

 

Global Beri Beri Treatment Market, Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    Leben Laboratories Pvt. Ltd, AvKARE, LLC, Franco- aurochem, EZ Melts, Swanson, Mylan N.V., BulkSupplements, Nature's Way Products, LLC, Synokem Pharmaceuticals Ltd., Fresenius Kabi USA, Nutricost, GSK Plc., Bayer AG, Novartis AG, Solgar Inc., and Others.
  • 2. What is the size of the global beri beri treatment market?
    The Global Beri Beri Treatment Market is expected to grow from USD 209 Million in 2023 to USD 765 Million by 2033, at a CAGR of 13.85% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    Asia Pacific is anticipated to hold the largest share of the global beri beri treatment market over the predicted timeframe.

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