According to the report Asia-Pacific Infectious Disease Therapeutics Market, published by Market Data Forecast, the market is projected to reach USD 22.48 billion by 2021, at a CAGR of 9.27% from 2016 to 2021.
Many micro-organisms like bacteria, viruses, fungi or parasites cause disorders which are called Infectious diseases. Some infectious disease are caused by human contact and some are transmitted by bits from insects or animals and others by ingesting contaminated food or water or being exposed to these organisms in the environment.
They cause diseases like HIV, malaria, tuberculosis, influenza. Various infectious diseases are mostly caused by poor sanitation and inadequate personal hygiene.
These diseases are transmitted either through direct or indirect contact. Anti-infective drugs are used to inhibit or destroy the growth of disease causing agents.
Antibacterial, antifungal, antiparasitic, antiviral drugs are some of the anti- infective drugs used for the treatment of these diseases.
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Infectious Disease Therapeutics Market: Drivers & Restraints
Factors like growing prevalence and extent of these infectious diseases, increasing healthcare expenditure and growing geriatric population are driving the growth of market. Also, factors like increasing government funding and increasing pool of patients is expected to boost the market.
But, genetic erosion and patent expiration of infectious disease drugs are the factors hindering the growth of market.
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Infectious Disease Therapeutics Market: Segmentation
By Mode of Treatment
- Oral Administration
By Target Organism
By Infection Type
By End Users
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Infectious Disease Therapeutics Market: Overview
Vaccines are the primary mode of treatment for most of the infectious diseases as vaccines of most of the common disease causing microbes are given at birth of very young age and immunity develops over time. For other diseases drugs are the most used mode of treatment as they give immediate effects.
Vaccines segment holds the major share in the market while drugs are expected to grow at a higher CAGR.
Infectious Disease Therapeutics Market: Region-wise Outlook
Based on geography the Asia-Pacific market is analysed under various regions namely, China, India, Japan, South Korea and Australia. China is the dominant region in the market due to well-developed healthcare system and increasing awareness while India is expected to grow the fastest due to medical advancements and increasing healthcare expenditure.
Key Questions Answered
- What is the current and future Infectious Disease Therapeutics Market outlook in Asia-Pacific? What trends are affecting the market?
- What is the competitive landscape and market share of major players in the Infectious Disease Therapeutics Market space in Asia-Pacific?
- What are the key, high growth markets that Infectious Disease Therapeutics Market manufacturers should expand into? Which market segments are growing the fastest?
- What are the unmet needs with the Infectious Disease Therapeutics currently on the market? How will emerging technologies fulfil these unmet needs?
- What is patient perception and market outlook of Infectious Disease Therapeutics?
- What are the challenges and barriers that have hindered widespread adoption of Infectious Disease Therapeutics?
Infectious Disease Therapeutics Market: Key Players
Some of the major companies dominating the market, by their products include F. Hoffmann-La Roche, Gilead Sciences, GlaxoSmithKline, Johnson & Johnson, Merck & Co, Pfizer, Achillion Pharmaceuticals, Novartis, AbbVie, , AstraZeneca, Auritec Pharmaceuticals, Bayer, Astellas Pharma, Chimerix Pharmaceuticals, Cubist, Eli Lilly, Isis Pharmaceuticals, Mitsubishi Tanabe Pharma, pSivida, Bristol-Myers Squibb, Sanofi.
Reasons to access Infectious Disease Therapeutics Market Report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
- Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
- A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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