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Tuberculosis Drugs Market: Size, Growth, Demand, Trend, Top Key Players (Pfizer, Otsuka Novel, Lupin, Sanofi, Novartis) 2024 Forecast

02-06-2019 08:17 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Infinium Global Research

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Tuberculosis Drugs Market

Tuberculosis Drugs Market

The report defines tuberculosis (TB) drug market as the drugs used to treat the infectious disease caused by the Mycobacterium tuberculosis bacteria. These bacteria generally affect the lungs, however, it also affects the other part of the body. The Mycobacterium tuberculosis bacteria can spread into the air by the people are infected with TB through the coughing, sneezing or spitting.          

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Rapidly growing occurrence of TB is the primary factor that drives the growth of TB drugs market worldwide. According to WHO, Tuberculosis is one of the top 10 causes of death worldwide and in 2016, 10.4 million people fell ill with TB, and 1.7 million died from the disease (including 0.4 million among people with HIV). TB treatment commonly includes consumption of different TB drugs combinations. The TB patients with active symptoms required multiple antibiotics involve with the long course of drug treatment. In this treatment, antibiotics are used to prevent the growth of bacteria or to kill them.

The rising government support to prevent the TB is anticipated to boost the demand of TB drug market. The government organizations are taking initiative to launch new awareness programs to prevent or overcome the Tuberculosis. Some of the major organizations such as United, WHO, UNICEF, and TB Alliance are work together to develop the effective drugs to treat the Tuberculosis and fulfil the demand of drugs.   Furthermore, ongoing research and development of new and effective tuberculosis treatment drugs are projected to create several growth opportunities in the TB drugs market.

Market Segmented by Disease Type

On the basis of disease type, the global TB market is segmented as active TB and latent TB. In this, Persons with latent TB infection has no symptoms and does not feel sick. As for the active TB, patients suffered from a cough that lasts 3 weeks or longer. The rising awareness about the latent TB among the populated regions is contributing to the growth of TB market.

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Market Segmented by Drug Class

Global TB market on the drug class is segregated into, First-line Anti-TB Drugs, Second-line Anti-TB Drugs and Combination Drugs.

First-line Anti-TB Drugs are consists of an Isoniazid, Rifampin, Pyrazinamide, Ethambutol and other drugs. They are only sued in the treatment of new patients who are very unlikely to have resistance to any of the TB drugs. On the hand, the second line drugs are only used for the treatment of drug-resistant TB. I9n this drug class Capreomycin, Streptomycin, Levofloxacin, Ethionamide and other drugs are used in the treatment of drug-resistant TB.

Regional Analysis

The report of the global TB market covers North America, Europe, Asia-Pacific and RoW regions in the scope of the study. Among these regions, Asia Pacific is the largest and the fastest growing region in the TB market. India accounts for the largest share of the TB Diagnostic market. According to the TB Report 2017 released by World Health Organization (WHO), India continues to have the highest number of tuberculosis cases in the world. Additionally, Over 95% of TB deaths occur in low- and middle-income countries in such as India, China, Africa and others, that contributes in the growth of Asia Pacific TB market. The factors such as developing healthcare infrastructure, growing investments in the drug development and rising awareness about the infection dieses and their prevalence are fueling the growth of TB market in this region.

Competitive Landscape

The key companies profiled in the global TB drugs market include Pfizer, Otsuka Novel Products, Lupin, Sanofi, Novartis AG, Merck & Co., Bayer AG, AstraZeneca, Sandoz International GmbH and Cipla Ltd. These companies are investing more on the research and development activity to develop more effective drugs to treat TB and full the high demand of populations.

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About Infinium Global Research

Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.

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