The global infectious disease therapeutics market size was valued at USD 121.4 billion in 2021 in 2021, registering a CAGR of 4.6% from 2022 to 2028. Infectious disease is one of the most common causes of considerable economic burden in the healthcare industry around the world. Viruses, viroids, bacteria, nematodes like parasitic roundworms and pinworms, arthropods like ticks, mites, fleas, and lice, fungus like ringworm, and other macroparasites like tapeworms and other helminths cause these diseases, which are also known as transmissible disease or communicable disease. The number of deaths caused by infectious diseases has dropped as a result of the introduction of numerous technologically sophisticated detection and treatment options, as well as advancements in cleanliness, vaccination, and antimicrobial treatments. Infectious illness outbreaks and re-emergence, on the other hand, have a significant impact on worldwide population health.
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Due to rising prevalence of infectious diseases, increased awareness of early diagnosis of infectious diseases, and increased research funding activities by various private and government organisations, the infectious disease therapeutics market is expected to grow significantly over the forecast period. According to the World Health Organization (WHO), over 31,000 estimated tuberculosis deaths and 3, 22,000 new tuberculosis cases were recorded in Europe in 2015. Furthermore, advances in rapid diagnosis of many infectious diseases, which allow for earlier and faster diagnosis, are having a significant impact on the medical result of disease treatment. Advanced technologies utilised in quick diagnoses of infectious diseases, such as lateral flow, agglutination assays, and solid phase, are combined with unique features such as portability of handheld devices, allowing patients to get therapy at the point of care.
The global infectious disease therapeutics market segmentation:
1) By Drug Class: Anti-Bacterial, Anti-Viral, Anti-Parasite, Anti-Fungal, Others.
2) By disease indication: HIV/AIDS, Influenza, Hepatitis, Malaria, TB, Others
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Others
The market for infectious disease therapeutics is dominated by North America, followed by Europe. The infectious disease therapeutics market is led by North America, owing to an increase in research and development studies on infectious diseases and their diagnostics by various government and pharmaceutical organisations. In addition, the increasing prevalence and awareness of infectious diseases among individuals, which leads to early detection, is projected to propel the infectious disease treatments market in this area.
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Some of the major key players in the 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) Gilead Sciences (U.S.)
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