Infectious Disease Therapeutics Market report offers Market Size, Dynamics, Regional Market Share, Top Key Players, Latest trends, Growth factors, Industry Stats, Historic Market, Business Intelligence, Business Research Reports, Competitive Intelligence 2013 to 2017 and Forecast 2018 to 2024
Irresistible ailment therapeutics showcase is driven by the developing pervasiveness rates of irresistible ailments, expanded medicinal services use and expanded financing of governments on aversion and administration of irresistible infections. What’s more, expanded geriatric populace and utilization of direct acting antiviral medications are fuelling the development of irresistible illnesses therapeutics advertise. In any case, patent expiry of numerous irresistible ailment medications and increment number of non specific options obstructing the market income of irresistible malady therapeutics advertise.
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Infectious disease therapeutics market segmented based on drug class, disease indication, and distribution channel
Based on drug class, infectious disease therapeutics market is segmented into
- Anti-Bacterial
- Anti-Viral
- Anti-Parasite
- Anti-Fungal
- Others
Based on disease indication, infectious disease therapeutics market is segmented into
- HIV/AIDS
- Influenza
- Hepatitis
- Malaria
- TB
- Others
Based on distribution channel, infectious disease therapeutics market is segmented into
- Hospital Pharmacy
- Retail Pharmacy
- Others
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Market players focusing on mergers, acquisitions and collaborations to increase revenue share in the market. For instance, in August 2016, Pfizer acquired AstraZeneca’s late-stage small molecule anti-infectives business for development and commercialization outside the U.S. In addition, market players investing on research and development to introduce new drugs and to strengthen their position in infectious disease therapeutics market. Some of the pipeline anti infectives include avycaz (ceftazidime and avibactam), bictegravir (Anti HIV), cabotegravir (Anti HIV). Patent expiry of blockbuster anti-infectives such as Tamiflu, cubicin and ambisome are expected to negatively effect the infectious disease therapeutics market.
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Geographically infectious disease therapeutics market has been segmented into following regions viz. North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. North America dominates the infectious disease therapeutics market owing to high prevalence rates of infectious diseases and rise in ageing population. According to scientific data from Princeton University 2015, rising trend in consumption of anti-infectives has increased in BRICS nation. In the last few years, there was an increase in use of antibiotics in Asian countries like India and China and some parts of Africa. Factors such as rapidly developing healthcare infrastructure on the grounds of emerging medical tourism industry along with government initiative to boost biotechnology sector of the respective country are fuelling the growth of the infectious disease therapeutics market in Asia Pacific region.
Some of the players in infectious disease therapeutics market are GlaxoSmithKline Plc (U.K.), Johnson & Johnson Services, Inc. (U.S.), Merck & Co, Inc. (U.S.), Pfizer Inc. (U.S.), Novartis AG. (Switzerland), AbbVie Inc. (U.S.), Astellas Pharma Inc. (Japan), AstraZeneca (U.K.), Auritec Pharmaceuticals Inc. (U.S.), Bayer AG (Germany), Modified Polymer Components, Inc. (Bristol-Myers Squibb) (U.S.), Chimerix Inc. (U.S.), Eli Lilly and Company (U.S.), Isis Pharmaceuticals (U.S.), Mitsubishi Chemical Holdings Corporation (Mitsubishi Tanabe Pharma) (Japan), Sanofi S.A. (France) and Gilead Sciences (U.S.) to name a few.
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