The research, analysis and estimations about the market have been performed with the steadfast knowledge in this Infectious Disease Drug Market report. This market report helps to obtain information about all the above factors by giving actionable market insights and comprehensive market analysis. Analysis and discussion of important industry trends, market size, sales volume, and market share are also estimated in this market report. To achieve maximum return on investment (ROI), it’s very fundamental to figure out market parameters such as brand awareness, market landscape, possible future issues, industry trends & customer behaviour where this Infectious Disease Drug Market report comes into picture.
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Global Infectious Disease Drug Market report gives clear idea to Healthcare industry in regard with what is already available in the market, what market anticipates, the competitive environment, and what to be get done to surpass the competitor. This market report serves a great purpose of better decision making and achieving competitive advantage. The report supports in evaluating brand awareness, market landscape, possible future issues, industry trends and customer behaviour with which refined business strategies can be fixed. Infectious Disease Drug Market report has been comprised of a significant data along with future forecast and detailed analysis on a global and regional level.
Market Analysis: Global Infectious Disease Drug Market
Global infectious disease drugs market is rise gradually to an estimated value of USD 72.49 Billion by 2026 registering a CAGR of 5.5% in the forecast period of 2019-2026 with the annual sales of USD 47.24 billion in the year 2018. This significant rise in market value can increases research development initiatives to launching novel therapies.
Key Market Players:
Few of the major competitors currently working in the Infectious Disease market are F. Hoffmann-La Roche Ltd (Switzerland), Gilead Sciences, Inc. (US), GlaxoSmithKline Plc (UK), Johnson & Johnson Services, Inc. (US), Merck & Co., Inc. (US), Pfizer Inc. (US), AbbVie Inc. (US), Vertex Pharmaceuticals Incorporated (US), ViiV Healthcare group of companies (UK), Sanofi S.A (France), Eli Lilly and Company (US) , Novartis AG (Switzerland), Mitsubishi Tanabe Pharma Corporation (Japan) and few among others.
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Market Definition: Global Infectious Disease Drug Market
Infectious disease is defined as pathogenic microorganism disease caused by infectious agent such as bacteria, viruses, fungi and parasites. It can spread from one person to another healthy individual. People who have likely to developed weakened immune system, this could be due to drugs, age, or other diseases and people who they have not been vaccinated before are prone to the infections.
According to the article published in our World in Data 2016, the global burden of infectious disease was responsible for 10.0 % of causes of death in the world. It is identified that over 229.96 million patients affected with diarrhea and infectious disease. Increases of cases of prevalence rate, Advances in nutrition, antibiotics and immunization. Accelerate demanding of novel therapies and newer developments in diagnostic devices and Government initiatives in sanitization and regulations for food safety are the drivers for market growth.
Infectious Disease Drug Market Drivers :
- Increases of cases of prevalence rate of infectious diseases worldwide
- Advances in nutrition, antibiotics and immunization
- Accelerate demanding of novel therapies and newer development in diagnostic devices
- Rising awareness about treatment and technological advancement is driving the growth of market
- Prevalence of indoor as well as outdoor infections
- Government initiatives programs in sanitization and regulations for food safety
Infectious Disease Drug Market Restraints :
- Effective treatment is either unavailable or unaffordable.
- Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth if the market.
- Lack of awareness among the patient and physician about asthma disease treatment.
Segmentation: Global Infectious Disease Drug Market
Infectious Disease Drug Market : By Source Type
- Bacterial Diseases
- Viruses Diseases
- Fungus Disease
- Parasites Disease
Infectious Disease Drug Market : By Disease Type
- Lyme disease
- Molluscum contagiosum
- Severe acute respiratory syndrome
- West Nile
- Ebola disease
Infectious Disease Drug Market : By Treatment
- Dietary supplements
Infectious Disease Drug Market : By Route of administration
Infectious Disease Drug Market : By End users
- Specialty Clinics
Infectious Disease Drug Market : By Geography
- North America
- South America
- Middle East and Africa
Key Developments in the Infectious Disease Drug Market :
On 01 May 2019, Sanofi S.A received FDA approval for Dengvaxia (Dengue Tetravalent Vaccine, Live) for the prophylaxes of dengue disease caused by dengue virus serotypes (1, 2, 3 and 4) in patient upto 9 years old. Dengvaxia also received European Commission approval for treatment of Dengue fever in European endemic areas.
On 8 April 2019, ViiV Healthcare group of companies received FDA approval for Dovato (dolutegravir and lamivudine), a fixed dose combination for the treatment of HIV-infected adults patients who have never treated by any antiretroviral drugs.
0n 13 Feb 2019, Novartis AG received the FDA approval for Egaten (triclabendazole) for the treatment of liver flukes specifically caused by fascioliasis and paragonimiasis. WHO recognized Egaten in an essential medicines lists.
Reasons to Purchase this Report :
- Current and future of Global Infectious Disease Drug Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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