The Future of theInfectious Disease Diagnostics Testing Market: Growth Trends, Market Size, and Opportunities to Watch
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of theInfectious Disease Therapeutics Market?
The infectious disease therapeutics market is projected to grow, largely due to the increasing occurrence of infectious diseases. Such ailments are brought about by disease-causing microorganisms like bacteria, viruses, fungi, parasites, and prions. The proliferation of these infectious diseases results from a combination of factors including changes in climate, environmental instability, aggrieving antibiotic resistance, compromised immune systems, greater interactions with animals, and ecological disruptions. Therapeutics for these diseases are crucial in managing infections, mitigating morbidity and mortality, and curbing the transmission of contagious diseases within communities and at a population level. The Centers for Disease Control and Prevention, a U.S based governmental agency, has indicated that in 2022 there were 8,331 tuberculosis (TB) cases in the United States, an incidence rate of 2.5 per 100,000 people. This figure shows an upsurge of 5.9% in recorded cases and a 5.5% hike in the incidence rate as compared to the figures in 2021. Consequently, the surge in infectious diseases is fuelling the growth of the therapeutics market for these diseases.
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#What is the Projected CAGR for the Infectious Disease Therapeutics Market Size from 2025 to 2034?
In recent times, the market size of therapeutic treatments for infectious diseases has seen substantial growth. The market is poised to expand from $141.08 billion in 2024 to $151.04 billion by 2025, demonstrating a compound annual growth rate (CAGR) of 7.1%. Factors that have contributed to this growth during the historical timeframe include the escalating occurrence of infectious and viral diseases, heightened awareness concerning diagnostics, increasing requirement for quick and efficient diagnostic tests, rising need for cost-effective generic medicines, higher cases of infectious diseases, and the mounting significance of antimicrobial stewardship.
Expectations are high for the infectious disease therapeutics market, as it’s predicted to experience substantial expansion in the upcoming years. By 2029, the market size will expand to $196.5 billion, with a compound annual growth rate (CAGR) of 6.8%. This optimistic forecast is credited to a surge in investments and clinical trial studies, an increase in conducted clinical trials, a heightened focus on disease prevention, and growing consciousness about early diagnosis along with increased funding. The forecast period will likely witness key trends such as collaborations, product green lights, investments, and therapeutic research and developments.
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Which Cutting-Edge Market Trends Are Expected to Drive theInfectious Disease Therapeutics Market’s Growth?
Primary businesses in the infectious disease therapeutics market are channeling their resources into the research and design of infectious disease drugs. Their objectives include creating more efficient treatments, fighting antimicrobial resistance, extending their selection of products, and tackling upcoming infectious threats. Through these investments, they hope to boost patient results, cater to overlooked medical necessities, and assist worldwide public health campaigns to regulate and handle infectious diseases. For instance, GSK, a healthcare company from the UK, invested a hefty sum of £1 billion ($1.09 billion) in June 2022 to proactively tackle infectious diseases rampant in countries with lower income. This endeavor intends to bolster research and development endeavors to fight off diseases that overwhelmingly affect these areas. The discrepancy in the funding for health research and corresponding resources between rich and economically challenged nations stresses the importance of such investments to evenly enhance the health of the populations.
What Are the Leading Market Players Impacting theInfectious Disease Therapeutics Market’s Growth Trend?
Major companies operating in the infectious disease therapeutics market are Pfizer Inc., Roche Diagnostics Corporation, F. Hoffmann-La Roche AG, Merck & Co. Inc., Sanofi SA, Thermo Fisher Scientific, AstraZeneca, Abbott Laboratories, Novartis International AG, Danaher Corporation, GlaxoSmithKline plc, Gilead Sciences Inc., Janssen Pharmaceutical, Siemens Healthineers, Moderna Inc., Becton, Dickinson, and Company, Regeneron Pharmaceuticals Inc., Boehringer Ingelheim GmbH, BioMérieux SA, Sysmex Corporation, Bio-Rad Laboratories, Qiagen N.V., Ortho Clinical Diagnostics, BioCryst Pharmaceuticals Inc.
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How Are the Key Segments of the Infectious Disease Therapeutics Market Driving Opportunities and Innovations?
The infectious disease therapeutics market covered in this report is segmented –
1) By Type: Drugs, Vaccines
2) By Disease: Tuberculosis, HIV/AIDS, Influenza, Hepatitis, Other Diseases
3) By End-User: Hospitals And Clinics, Retail Pharmacies, Research Organizations, Other End Users
Subsegments:
1) By Drugs – Antibiotics, Antivirals, Antifungals, Antiparasitics, Other Therapeutic Drugs (Monoclonal Antibodies, Immunomodulators)
2) By Vaccines – Inactivated Vaccines, Live Attenuated Vaccines, Subunit Vaccines, Mrna Vaccines, Dna Vaccines, Toxoid Vaccines
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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theInfectious Disease Therapeutics Market?# Market Expansion?
North America was the largest region in the infectious disease therapeutics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the infectious disease therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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