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According to a new report published by Allied Market Research, titled, โGrey Baby Syndrome Market: Global Opportunity Analysis and Industry Forecast, 2021-2030โ Grey baby syndrome is a form of circulatory collapse that is prevalent among newborn and premature infants. It is associated with high serum levels of an antibiotic called chloramphenicol. Chloramphenicol helps treats various infections caused by H. influenza, Neisseria species, Salmonella typhi, and other bacteria; however, it may cause the grey baby syndrome. Grey baby syndrome is characterized by abdominal distension, ashen-grey skin color, flaccidity, vomiting, circulatory collapse, and cyanosis. In adverse situations, this condition may even cause death. Breastfed babies could develop this syndrome if the mother is taking chloramphenicol. For treatment, the drug is removed from the baby’s body using exchange transfusion or hemodialysis.
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Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicine supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as hydroxychloroquine have witnessed a dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs, as many developed countries are facing a shortage of these drugs. Thus, the pharmaceutical and biotechnology industries are expected to witness significant growth in the future, owing to the demand for vaccines and treatment drugs for COVID-19.
However, with COVID-19 the supply chain of raw materials required to manufacture drugs that help treat grey baby syndrome has been disrupted in many countries. In addition, the market growth of pharmaceuticals is declining, as manufacturers of drugs have slowed down their production due to the pandemic. This, in turn, is expected to have a significant impact on the grey baby syndrome market.
Increasing awareness regarding grey baby syndrome in many developed countries has led to the growth of the grey baby syndrome market. This is attributed to the fact that people are able to opt for the best suitable treatment for their babies.
In addition, doctors are more careful with the surveillance of grey baby syndrome during pregnancy, which helps prevent the development of the condition in fetus during the gestation period. This factor has further boosted the growth of the grey baby syndrome market.
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