The Myxedema Coma Market is all set to witness staggering growth in the upcoming period. With technological advancements under its belt, the healthcare vertical is witnessing hi-tech demands. In other words, the healthcare personnel is expected to be abreast with the operations of high-tech devices like handheld computers, smart infusion pumps, and so on. Also, utmost care needs to be taken concerning scanning right the very first time along with vibration alert to not disturb the sleeping patients.
This seasonal prevalence could be apparently because of inability to sense temperature and lower body heat production in the elderly, secondary to hypothyroidism. Major symptoms of myxedema coma include abnormal low body temperature (sometimes as low as 80 degrees F), severe mental conditions (like hallucinations, seizers, disorientation), edema with swollen eyes, hair loss, difficulty in breathing among many more.
The best of treating myxedema coma is preventing it in the first place. The factors which could trigger myxedema coma are certain types of drugs, heart stroke, gastrointestinal bleeding, trauma, infections, and not taking prescribed thyroid medications.
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The ongoing COVID-19 pandemic has taken all the focus of researchers and industry players which has resulted in pushing back of already less researched niche domains like myxedema coma. Additionally, the financial demands of rare diseases like myxedema coma are unmet due to persion of funds towards more pressing needs experienced due to COVID-19.
Another reason which could drive the global myxedema coma treatment market is high mortality rate in the patients which is reported up to 60%. The pharmaceutical moguls would like to bring down this rate substantially.
The developed countries are witnessing change in demographics, their population is ageing. Myxedema coma being a disorder affecting the elderly hence will drive the global market for myxedema coma. The symptoms of hypothyroidism are often subtle and go unnoticeable which will consequently result in hindering the market for myxedema coma.
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Myxedema Coma Market: Segmentation
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By route of administration, oral segment in the global myxedema coma market is estimated to grow faster than the injectable segment owing to patient convenience. By distribution channel, retail pharmacies in the global myxedema coma market are estimated to register a sound growth.
Europe will be the next major market in the global myxedema coma market owing to the fact that significant population suffers from hypothyroidism coupled with various conditions like heart failure, stroke which are the precipitating factors for myxedema coma.
Numerous regions in Asia, Africa and Latin America can be estimated as emergent market for myxedema coma treatment as these areas suffer from iodine deficiency which is a leading cause of hypothyroidism.
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