Anti-Infective Drugs Market Is Projected to Expand At A CAGR Of 3.8% Between 2024 And 2032

06 Aug 2018

The anti-infective drugs market is expected to witness a CAGR of 3.8% during the forecast period of 2024 to 2032. Drugs with anti-infective properties are used to treat infections brought on by microorganisms such bacteria, viruses, fungus, and parasites. These medications are vital in the fight against infections and the reduction of infectious disease-related mortality and disability. Following a brief introduction to the anti-infective pharmaceuticals market, this report delves into the industry's three primary growth opportunities and one major constraining factor. Additionally, the market is broken down by drug class and route of administration, and regional shifts and the competitive landscape are investigated.

A major factor fueling the expansion of the anti-infective medications market is the increasing incidence of infectious disorders. The need for reliable anti-infective medications has been more pressing in recent years due to the global spread of infectious diseases. Anti-infective medications to treat a wide range of infectious diseases, such as those that cause respiratory infections, STDs (sexually transmitted diseases), and gastrointestinal infections, are in high demand since infectious diseases continue to be a major threat to world health. The need for anti-infective medications to treat and prevent healthcare-associated infections has likewise increased as their incidence has risen. World Health Organisation (WHO) statistics from 2020 show that lower respiratory infections like pneumonia accounted for almost 2.5 million fatalities worldwide, making them the third greatest cause of global mortality overall, further supporting this hypothesis.

The increasing prevalence of antimicrobial resistance (AMR) has increased the need for novel and efficient anti-infective medications. Traditional antibiotics are becoming less effective due to the rise of drug-resistant bacteria, which has been largely attributed to their overuse and misuse. Because of this, researchers have had to come up with creative new anti-infective medications to treat drug-resistant illnesses. This factor is supported by statistics from the CDC, which show that antibiotic-resistant bacteria cause infections in over 2.8 million Americans year and cause over 35,000 deaths annually. About 700,000 people die every year as a direct result of AMR, and that number is projected to climb to 10 million by 2050 if nothing is done to curb the spread of the disease.

Browse for report at : https://www.acutemarketreports.com/report/anti-infective-drugs-market

The anti-infective medications market has expanded greatly thanks to recent breakthroughs in drug research and development. Genomics, high-throughput screening, and computer modelling are just a few examples of the cutting-edge technologies that have improved the drug discovery process, allowing for the discovery of new therapeutic targets and the creation of more potent antimicrobials. This factor is seen in the rise of mRNA-based vaccinations, such as Pfizer-BioNTech and Moderna's COVID-19 vaccines. These vaccinations' success in avoiding COVID-19 outbreaks demonstrates the promise of mRNA technology for creating vaccines against additional infectious diseases.

The anti-infective medicine business is severely hampered by the rigorous regulatory approval process. Extensive preclinical and clinical trials are necessary for developing novel anti-infective medications to prove safety, efficacy, and the drug's potential to treat particular infections. There are significant delays in bringing new drugs to market because of the lengthy and expensive regulatory licencing procedure. On average, it takes about 12 years for a medicine to go from the preclinical stage to regulatory approval. The lengthy licencing procedure and rising cost of medication research are both exacerbated by the high rate of drug failure in clinical trials.

When it comes to anti-infective medications, antibiotics bring in the most money. Antibiotics are commonly administered for a wide range of bacterial infections, including those of the urinary tract, the respiratory system, and the skin. In 2023, the worldwide market for antibiotics was estimated to be worth $43.2 billion. Antibiotics are in high demand due to rising rates of bacterial illnesses and the advent of drug-resistant microorganisms. The market for antiviral medications is expanding at a faster rate than any other class of anti-infective drugs. Viruses including influenza, HIV/AIDS, and hepatitis can all be treated with antivirals. Forecasts indicate a 7.4% CAGR for the worldwide antiviral medicines market between 2024 and 2032. The development of new antiviral medicines and the rising prevalence of viral infections are both factors driving this sector's expansion.

In the market for anti-infective medications, oral administration generates the most money. Oral medications are preferred because they eliminate the need for hospitalisation or invasive procedures. In 2023, the market for anti-infective medications was led by the oral administration subsegment. Oral medications are widely used because of their low cost, high patient compliance, and simple administration.

Revenue and compound annual growth rate (CAGR) in the anti-infective medications market vary by area. By 2023, North America's superior healthcare infrastructure, high healthcare spending, and concentration of significant pharmaceutical companies had propelled the region to the top of the market in terms of revenue. The Asia-Pacific area, however, is projected to have the highest CAGR between 2024 and 2032. Key contributors to market growth in the Asia Pacific area include the region's expanding population, rising awareness of infectious diseases, and improving access to healthcare.

Several pharmaceutical companies are vying for a piece of the anti-infective medications market. Market leaders include companies like Pfizer Inc., GlaxoSmithKline plc, Merck & Co. Inc., Novartis AG, Johnson & Johnson, Gland Pharma Ltd., Teva Pharmaceutical Industries Ltd., F. Hoffmann-La Roche Ltd., Gilead Sciences, Inc., Abbott, Astellas Pharma Inc., Alkem Laboratories, AstraZeneca, Eli Lilly and Company, Takeda Pharmaceutical Company Limited, Sanofi. Companies like these invest heavily in R&D, mergers and acquisitions, and other strategic moves to improve their standing in the market.

View Other Reports