Press release
Infectious Disease Therapeutics Market Size, Regional Outlook, Application Potential, Price Trends, Competitive
The Infectious Disease Therapeutics Market was valued at US$ 1,19,708.77 million in 2022 and is expected to reach US$ 1,67,883.93 million by 2030. The market is estimated to register a CAGR of 4.3% from 2022 to 2030.Infectious diseases can transfer from one person to another through direct or indirect contact. Patients must take medications with anti-infective properties to treat infectious diseases. Pathogens such as bacteria, fungi, viruses, and parasites are the primary cause of these disorders. In order to target the organism causing the sickness and implement a remedy, the host's defensive system is directly targeted. A huge geriatric population has presented a significant opportunity for the market for infectious disease therapeutics to grow in the coming years.
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Analysis of the Top Market Players:
1. Pfizer Inc
2. Gilead Sciences Inc
3. F. Hoffmann-La Roche Ltd
4. Shionogi & Co Ltd
5. Bayer AG
6. BioCryst Pharmaceuticals Inc
7. GSK Plc
8. AbbVie Inc
9. Merck & Co Inc
10. Astellas Pharma Inc
In this report, the market has been segmented on the basis of:
Drug Class (Anti-viral, Anti-bacterial, Anti-fungal, and Others)
Indication (HIV, Hepatitis, Tuberculosis, Influenza, HPV, and Others)
Route of Administration (Oral, Parenteral, Topical, and Others)
Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Others)
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Research and development (R&D) is a critical part of the business of biopharmaceuticals and pharmaceutical companies. R&D enables them to launch new products with significant medical and commercial potential for several therapeutic applications.
The following are a few of the major projects that the manufacturers have funded:
- In June 2022, GSK plc invested US$ 1.21 billion (?1 billion) over ten years to accelerate R&D dedicated to infectious diseases. New investment supports innovation in malaria, tuberculosis, and HIV, with additional emphasis on Neglected Tropical Diseases and antimicrobial resistance.
- In March 2022, the decision by the Canadian government to provide US$ 48.07 million (CAD 60 million) to the Global Fund's COVID-19 Response Mechanism (C19RM) was applauded by the Global Fund to Fight AIDS, Tuberculosis, and Malaria. The additional financing will assist in providing low- and middle-income nations with life-saving diagnostic procedures, medical oxygen, and personal protective equipment (PPE).
- In September 2021, the Biden-Harris Administration announced a US$ 2.1 billion investment to enhance infection prevention and control initiatives in the US public health and healthcare sectors. In order to address state, municipal, and territorial health agencies and other partner organizations that deal with infectious diseases in the US, the Biden-Harris administration has made financial investments in US rescue programs through the Centers for Disease Control and Prevention (CDC).
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