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.
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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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
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.
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 -
Johnson & Johnson
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