Global Anti-infectives Market Size, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2020 - 2026
Report ID: GMI3868
Global Anti-infectives Market size is projected to experience significant growth from 2019 to 2025.
Growing concerns associated with infectious diseases and various government initiatives in developing and developed countries for manufacturing of anti-infectives has positively changed the market scenario for anti-infectives market. Also, various non-government and private funding for development of anti-infectives to treat diseases and infections will spur market growth in the future.
Increasing R&D expenditures by healthcare companies to inculcate new innovations and providing solutions with better efficacy and efficiency will favor Anti-infectives Market growth. For instance, in March 2015, Astra Zeneca announced launch of USD 40 million R&D unit for fast-track development of innovative and advanced products. Growth of this market will be aided further due to increasing expenditures in healthcare industry by developed countries.
Major areas of concern to the healthcare companies is maintaining efficacy and safety of anti-infectives and to provide drugs with consistent quality. Low quality anti-infectives can hamper market growth. Huge capital investments needed in early stages can also affect the market development.
Antiviral segment is expected to show significant growth rate in the future owing to numerous clinical applications. Increasing prevalence of cancer have supported growth of this business segment. Extensive use of antivirals in chemotherapies has boosted Anti-infectives Market growth. Increase in spread of viral diseases such as AIDS have also impacted the market positively.
Broad-spectrum antibiotics that are effective against large number of bacteria are expected to dominate anti-infectives industry. Increase in number of infections caused due to bacteria and neglected general hygiene are the major reasons for elevated demand for antibiotics. Developing countries with poor sanitation systems have more chances of spreading infections generating high demand for antibiotics, thus leading to business growth.
Increase in number of medical stores and hospitals have supported market growth. Strong network of distribution channels around the countries have increased availability of anti-infectives that will have a positive impact on the market. Also, major market players are focusing on expanding its geographic foothold by focusing on distribution of anti-infectives in untapped markets of developing countries.
The anti-infectives drug market has witnessed growth in Brazil due to increasing government initiatives and awareness for medicines. Besides this, vehicular emissions have increased the prevalence of infectious, viral and bacterial diseases, thus leading to market growth. Additionally, increasing capacity to invest in the R&D activities will significantly contribute to market growth.
India drives market for anti-infectives due to increasing population that has impacted healthcare expenditures positively. Poor sanitation and health conditions have further improved the growth of this market due to extensive need for anti-infectives for treatment of various diseases. Also, various market players are entering the Indian market to explore new growth avenues, thus rendering a positive impact on market growth.
Key players include Astra Zeneca, GlaxoSmithKline, Johnson & Johnson Merck, Novartis(Sandoz), Pfizer, Roche, Safoni and Wockhardt. The key players have focused on providing best quality drugs that have supported the growth of market. In December 2106, Pfizer announced acquisition of an anti-infective molecule Zinforo manufactured by AstraZeneca. This acquisition of new anti-infective molecule will help Pfizer to expand product portfolio and will help company to achieve sustainable profits.
Global Anti-infectives Market by Type, 2013-2024 (USD Million)
Global Anti-infectives Market by Range, 2013-2024 (USD Million)
- Narrow Spectrum
- Broad Spectrum
Global Anti-infectives Market by Distribution Channel, 2013-2024 (USD Million)
- Retail Pharmacies
- Online Pharmacies
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
- Saudi Arabia
- South Africa
- Abbott Laboratories
- Astra Zeneca
- Johnson &Johnson
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