Infectious Disease Therapeutics Market is poised to touch USD 154.18 Billion by 2023
Added: (Wed Jan 02 2019)
Pressbox (Press Release) -
Infectious Disease Therapeutics Market– GlaxoSmithKline plc (GSK) had introduced a new drug.
Recent Developments
GlaxoSmithKline plc (GSK) had 3 global businesses that research, develop and manufacture innovative pharmaceutical medicines, vaccines, and consumer healthcare products. GlaxoSmithKline (GSK) and Isis Pharmaceuticals Inc. had announced a new strategic alliance that will apply the Isis antisense drug discovery platform to seek out and develop new infectious disease therapeutics product against targets for rare and serious diseases.
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Market Segmentation
Infectious Disease Therapeutics Market worth was USD 105.13 Billion in 2018 and estimated to reach USD 154.18 Billion by the end of 2023 with a growing potential of 7.96 %.
Report is segmented by
Target Organism
Antibacterial
Antifungal
Antiviral
Antiparasite
Infection type
Bacterial
Viral
Fungal
parasitic
Increase in the geriatric population and increasing healthcare expenditure are some of the key factors driving the growth for the global infectious diseases therapeutics market. Rising healthcare awareness is also fuelling the growth of the global infectious diseases therapeutics market.
Geographical Segmentation:
North America is expected to account the majority share in the market followed by Asia-Pacific and Europe owing to a rising incidence of infectious diseases, and increasing the aging population. Asia-Pacific is projected to account for the highest CAGR over the forecast period owing to increasing government funding in some emerging countries such as India, China.
Key market players in the market are -
Hoffmann-La Roche
Gilead Sciences
GlaxoSmithKline
Johnson & Johnson
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The scope of the report:
The report gives a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along with this, the factors influential in effecting the current market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is measured and the prospects with high growth potential are identified and debated. The major players in the industry are profiled providing insights on their financial performance, market position, and the growth strategies. Comparative analysis on key strategically activities of the market players delineating the key developments like mergers and acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also provides a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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