PUBLISHER: DelveInsight | PRODUCT CODE: 1440003
PUBLISHER: DelveInsight | PRODUCT CODE: 1440003
Anti-Infective Drugs Market By Type (Antibiotics, Antivirals, Antifungals, And Others), By Indication (Hiv Infection, Pneumonia, Respiratory Viral Infection, Sepsis, And Others), By Route Of Administration (Oral, Parenteral, And Topical), By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, And E-Commerce), And By Geography Is Expected To Advance At A Respectable Cagr Forecast till 2030 Owing To The Increasing Prevalence Of Various Targeted Diseases Such As Hospital-Acquired Infections, Sexually Transmitted Diseases, Respiratory Infections, And Others And The Increasing Research & Developmental Activities Concerning To The Anti-Infective Drugs Across The Globe
The global anti-infective drugs market was valued at USD 136.87 billion, growing at a CAGR of 4.38% during the forecast period from 2024 to 2030 to reach USD 175.94 billion by 2030. The anti-infective drugs market is observing substantial market growth due to the increasing prevalence of HIV, sepsis, tuberculosis, hospital-acquired infections, sexually transmitted diseases, and other infectious and targeted diseases across the globe. Further, the growing initiatives for the awareness of infectious diseases and the increasing geriatric population base prone to targeted and infectious diseases will also aid in increasing the demand for anti-infective drugs. Additionally, the rising advancements such as incorporation of organ-on-chip technology in order to recreate the natural physiology and mechanical forces that cells experience in the human body, which will ultimately improves the efficiency of the drugs, will in turn spur the market for anti-infective drugs. Likewise, the increasing research & developmental activities along with the surging drug approvals and launches, and other factors will create a requisite for anti-infective drugs in the market. Therefore, the market for anti-infective drugs is estimated to grow at a substantial CAGR during the forecast period from 2024 to 2030.
Anti-Infective Drugs Market Dynamics:
As per the data provided by World Health Organization (WHO) 2022, in 2022, an estimated 10.6 million people fell ill with tuberculosis (TB) worldwide, which accounts for six million men, 3.4 million women, and 1.2 million children. The increasing prevalence of various infectious diseases will lead to an increased demand for anti-infective drugs during the forecast period from 2022 - 2028.
Furthermore, the number of multidrug-resistant organisms has increased significantly in several parts of the world, emphasizing the importance of anti-infective agent innovation. Several institutes have launched initiatives or campaigns to raise public awareness about infectious diseases. For example, the WHO held World Antimicrobial Awareness Week (WAAW) in November 2022 with the theme 'Spread Awareness, Stop Resistance' to raise awareness about antimicrobial resistance, and its cure.
Additionally, the increasing drugs launch and approvals will also propel the demand for anti-infective drugs in the market. For instance, in May 2022, Gilead Sciences, Inc., announced the U.S. Food and Drug Administration (FDA) has lifted the clinical hold placed on the company's Investigational New Drug Application (IND) to evaluate injectable lenacapavir for HIV treatment and HIV pre-exposure prophylaxis (PrEP).
Also, in July 2022, Roche announced in Japan that the Ministry of Health, Labor, and Welfare had approved Ronapreve (casirivimab and imdevimab), an anti-infective drug for the treatment of patients with mild to moderate COVID-19 via intravenous infusion.
Therefore, the factors stated above collectively will drive the overall anti-infective drugs market throughout the forecast period from 2024-2030.
However, the emergence of anti-infective drug resistance, side effects associated with the anti-infective drug, and stringent regulatory approval may prove to be challenging factors for anti-infective drug market growth.
The anti-infective drugs market was positively impacted during the period of COVID- 19 pandemic as they were used to prevent the spread of the SARS-CoV-2 virus, along with other infectious agents. Although during the initial stage of the lockdown, the market suffered a downfall owing to the strict lockdown restrictions and disruption in manufacturing, and supply chains. However, as the demand for anti-infective drugs upsurges the key players in the market accelerated their manufacturing. Many key players indulged in strategic decisions, investments, and research & developmental activities concerning anti-infective drugs, leading to an increased demand for anti-infective drugs. Moreover, in October 2020, the U.S. Food and Drug Administration approved the antiviral drug Veklury (remdesivir) for use in adult and pediatric patients 12 years of age and older for the treatment of COVID-19 requiring hospitalization. Henceforth, the wide use of anti-infective drugs for the prevention of the spread of COVID-19 among the population significantly contributed to the positive growth of the anti-infective drugs market.
Anti-Infective Drugs Market Segment Analysis:
Anti-Infective Drugs Market by Type (Antibiotics, Antivirals, Antifungals, and Others), Indication (HIV Infection, Pneumonia, Respiratory Viral Infection, Sepsis, and Others), Route of Administration (Oral, Parenteral, and Topical), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and E-Commerce), and Geography (North America, Europe, Asia-Pacific, and Rest of the World).
In the type segment of the anti-infective drugs market, the antivirals segment is expected to have a significant revenue share in the year 2023. This was primarily owing to the rising demand and availability of antivirals drugs in the market owing to the increasing prevalence of various viral diseases, expanding launches and strategic investments and other activities relating to antiviral drugs by key players in the market, and wide application and advantages offered by the segment.
Antiviral drugs can lessen the symptoms efficiently. They also may reduce the risk of complications such as ear infections in children, respiratory complications requiring antibiotics, and hospitalization in adults.
Moreover, for people at higher risk of serious viral infection complications, early treatment with an antiviral drug can lead to milder illness instead of more severe illness that might require a hospital stay. Also, for adults hospitalized with flu and other viral illness, early antiviral treatment can reduce their risk of death and other complications.
Additionally, anti-viral drugs are utilized to treat various chronic conditions due to their effectiveness and increase in life expectancy.
Furthermore, various activities by the key players such as acquisitions, agreements or partnerships, and launches, will increase the demand for antiviral drugs in the upcoming years. For instance, in December 2022, Cipla announced that the company has been granted Emergency Use Authorisation (EUA) permission by the Drug Controller General of India (DCGI) for the launch of Molnupiravir, an antiviral drugs, in India.
Also, in November 2022, Pfizer Inc. announced an agreement with the United States government to supply 10 million treatment courses for its investigational COVID-19 oral antiviral candidate, PAXLOVID. The company had also entered into several advance purchase agreements with various other countries and had initiated bilateral outreach to approximately 100 countries around the world.
Therefore, owing to the above-mentioned factors, the demand for anti-viral drugs upsurges, thereby the category is expected to witness considerable growth eventually contributing to the overall growth of the global anti-infective drugs market during the forecast period.
North America is expected to dominate the overall Anti-Infective Drugs Market:
Among all the regions, North America is expected to dominate the global anti-infective drugs in the year 2023 and is expected to do the same during the forecast period from 2024-2030.
This can be ascribed to the increasing demand for anti-infective drugs in the region owing to the increasing prevalence of many infectious and targeted diseases, the increasing geriatric patient pool suffering from infectious and targeted diseases, the growing initiatives for the awareness of infectious diseases, the launch of new drugs, and the presence of key market players in the region driving the anti-infective drugs market in North America.
For instance, according to the latest estimates from the Centers for Disease Control and Prevention (CDC), approximately 34,800 new HIV infections occurred in the United States in 2019. Also, at year-end 2019, an estimated 1.2 million people in the United States aged 13 and older had HIV in the United States. Thus, the increasing prevalence of HIV infection in the United States will increase the demand for many anti-infective drugs.
Further, the United States CDC promotes the use of antivirals for various infectious diseases. For instance, in September 2022, the CDC published a brochure supporting the use of antiviral drugs for the treatment of influenza. The CDC suggested the use of four drugs approved by the FDA, oseltamivir phosphate, zanamivir, peramivir, and baloxavir marboxil. Thus, such activities by governmental health organizations promoting the use of antivirals in the nation are expected to propel the growth of the anti-infective drugs market during the forecast period.
Moreover, the anti-infective drugs launches, regulatory approvals, and other activities such as acquisitions, and agreements, in the region will lead to its increased demand in the market. For instance, in January 2022, Alembic Pharmaceuticals received final approval from the United States Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA) for Doxycycline Hyclate Delayed-Release Tablets. Doxycycline Hyclate Delayed-Release Tablets are indicated to reduce the development of drug-resistant bacteria.
Also, in May 2022, the FDA approved VOQUEZNA TRIPLE PAK and VOQUEZNA DUAL PAK manufactured by Phathom Pharmaceuticals, Inc., the United States based Biopharmaceutical Company focused on developing and commercializing novel treatments for gastrointestinal diseases.
Moreover, the presence of sophisticated healthcare infrastructure and high awareness among end-users such as clinicians and healthcare professionals are estimated to be the key growth drivers. Also, the high purchasing power for expensive drugs and the presence of favorable reimbursement policies are anticipated to further fuel North America's anti-infective drugs market during the forecast period (2022 - 2028).
Therefore, the interplay of the aforementioned factors above would provide a conducive growth environment for the North American region in the anti-infective drugs market.
Anti-Infective Drugs Market Key Players:
Some of the key market players operating in the anti-infective drugs market include Merck & Co., Inc., Gilead Sciences, Inc., GSK plc., Pfizer Inc., Alembic Pharmaceuticals, Mankind Pharma, Novartis AG, Abbott., Astellas Pharma d.o.o., Bayer AG, Bristol-Myers Squibb Company, Sanofi, Janssen Global Services, LLC, F. Hoffmann-La Roche Ltd, Cipla Inc., Jiangsu Hansoh Pharmaceutical Group Co., Ltd., Xellia Pharmaceuticals, AbbVie Inc., Melinta Therapeutics LLC, PACIFIC INDIA PHARMA LIMITED, and others.
Recent Developmental Activities in the Anti-Infective Drugs Market:
In June 2022, Merck announced that the U.S. Food and Drug Administration (FDA) has approved an expanded indication for VAXNEUVANCE(TM), a Pneumococcal 15-valent Conjugate Vaccine, to include children 6 weeks through 17 years of age. It is now indicated for active immunization for the prevention of invasive disease caused by Streptococcus pneumoniae serotypes.
In April 2022, Sandoz, a Novartis Division, announced the extension of its collaboration agreement with Ares Genetics (Ares), aimed at driving cutting-edge digital solutions in the global fight against antimicrobial resistance (AMR).
In August 2022, Xellia Pharmaceuticals, a pharmaceutical manufacturer specializing in anti-infective treatments, opened its manufacturing site in Cleveland, Ohio in the United States.
Key Takeaways from the Anti-Infective Drugs Market Report Study
Target Audience who can be benefited from this Anti-Infective Drugs Market Report Study
Frequently Asked Questions for the Anti-Infective Drugs Market:
The anti-infective drugs are a type of therapy that is used to treat infections caused by a variety of agents. In another word, anti-infective medications are used to kill or prevent infection-causing organisms from infecting the host through replication or by releasing a range of toxins into the host. Bacteria, viruses, fungi, viruses, and microparasites are examples of infection-causing microorganisms.
The global anti-infective drugs market was valued at USD 136.87 billion, growing at a CAGR of 4.38% during the forecast period from 2024 to 2030 to reach USD 175.94 billion by 2030.
The anti-infective drugs market is witnessing positive market growth owing to the factors such as the growing prevalence of various infections, bacterial diseases, and targeted diseases across the globe, growing initiatives for the awareness of infectious diseases and their treatment, increasing geriatric population base, rising advancements such as bone marrow and organ-on-chip technologies pertaining to the anti-infective drugs, increasing new drug launches and approvals, presence of key players in the market, and others will create an exigency for the anti-infective drugs market.
Some of the key market players operating in the anti-infective drugs market includes Merck & Co., Inc., Gilead Sciences, Inc., GSK plc., Pfizer Inc., Alembic Pharmaceuticals, Mankind Pharma, Novartis AG, Abbott., Astellas Pharma d.o.o., Bayer AG, Bristol-Myers Squibb Company, Sanofi, Janssen Global Services, LLC, F. Hoffmann-La Roche Ltd, Cipla Inc., Jiangsu Hansoh Pharmaceutical Group Co., Ltd., Xellia Pharmaceuticals, AbbVie Inc., Melinta Therapeutics LLC, PACIFIC INDIA PHARMA LIMITED, and others.
Among all the regions, North America is estimated to hold a significant revenue share in the global anti-infective drugs market. This can be ascribed to the increasing demand of anti-infective drugs among the patients in the region owing to increasing prevalence of HIV, sepsis, tuberculosis, hospital acquired infections, and other infective diseases. Further, the growing initiatives for the awareness of infectious diseases, increasing geriatric population base, and the presence of key domicile players in the region are the reasons which acts as a supportive factor for the North America anti-infective drugs market growth.