According to the World Health Organization’s most recent report, vector-borne diseases account for more than 17% of all infectious diseases, resulting in more than 700,000 fatalities per year. Furthermore, there are an estimated 219 million cases of malaria (parasitic infection) worldwide, resulting in over 400,000 fatalities each year.
Dengue, malaria, and chikungunya cases have been reported in considerable numbers in North America, East Asia, South Asia, and Europe. South Asia dominated the market with a 40.0 percent share and is expected to rise rapidly in the near future. The market in Latin America is expected to increase dramatically as people become more aware of insect-borne diseases.
What Factors Are Driving Insect Repellent Market?
- Increase in literacy rate in developing countries influences rural and internal population to focus more on health and sanitation. Furthermore, the current coronavirus crisis is driving the buying decisions of modern consumers.
- The increasing use of insect repellent to achieve protection against insect-borne diseases is recognized as a major market driver worldwide. Consumers have become more health conscious, and are willing to pay for better solutions in health care and home care.
- Insect-borne diseases place enormous health and economic burdens on both individuals and nations. Billions of people are directly affected by infections that cause disabilities such as deformity, debility and blindness.
- According to the latest WHO publication, vector-borne diseases account for more than 17% of all infectious diseases, causing more than 700,000 deaths annually. In addition, there are an estimated 219 million malaria (parasitic infections) cases globally, resulting in more than 400,000 deaths each year.
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