Infectious Disease Therapeutics Market worth 8.9% CAGR by 2027
" COVID-19 Impact on Infectious Disease Therapeutics Market, size, share, growth, industry analysis, and forecast 2021-2027 "
Infectious diseases are transmissible diseases caused by several organisms such as viroids, bacteria, viruses, nematodes such as pinworms and parasitic roundworms, arthropods such as mites, lice, fleas, and ticks; fungi including ringworm, and other macroparasites including tapeworms and other helminths. Employing advanced diagnostics and therapies coupled with a rising focus on hygiene and vaccination has reduced mortality due to infectious diseases.
Rising awareness about early .`2` diagnosis of infectious diseases and research and development of new therapies for the treatment of infectious diseases are few key factors anticipated to fuel the growth of the infectious diseases therapeutics market. Moreover, the constant development in diagnostics facilitates early, and rapid diagnosis of several infectious diseases is also responsible for market growth. Expeditious diagnosis of infectious diseases includes the utilization of advanced technologies such as agglutination assays, lateral flow, and solid-phase with portable handheld devices to improve point-of-care (POC) treatment. Thus, the rising development in PoC treatment is anticipated to fuel the market's growth over the forecast period.
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Furthermore, developing countries such as India, South Korea, Brazil, and Mexico are projected to provide possible growth opportunities for key players in the infectious disease therapeutics market. This can be ascribed to the high disease incidence, huge patient population, developing healthcare infrastructure, rising expenditure on healthcare, and increasing medical tourism in these countries.
The Infectious Disease Therapeutics Market research report titled “Infectious Disease Therapeutics Market based on Mode of Treatment, Disease Indication, Distribution Channel and Geography – Global Forecast up to 2027.”
The well-known competitors of the infectious disease therapeutics market include Gilead Sciences, Inc., BioCryst Pharmaceuticals, Inc., F. Hoffmann-La Roche AG, Merck & Co., Inc., and Johnson & Johnson.
Asia Pacific region has a major position in the market share owing to the increasing number of diseases, which eventually increases the demand for infectious disease therapeutics and rising disposable income of the people in the region.
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The report consists of 94 Tables and 64 charts depicting the in-depth market study and the impact analysis of COVID-19. View detailed TOC here.
Infectious Disease Therapeutics Market on the basis of Mode of Treatment
Infectious Disease Therapeutics Market on the basis of Disease Indication
Infectious Disease Therapeutics Market on the basis of Distribution Channel
- Hospital Pharmacy
- Retail Pharmacy
Infectious Disease Therapeutics Market on the basis of Geography
- North America
- Asia Pacific
- Rest of the World