The new report by Expert Market Research titled, ‘Global Anti-Infectives Market Size, Report and Forecast 2023-2028’, gives an in-depth analysis of the global anti-infectives market, assessing the market based on its segments like types, routes of administration, distribution channels, and major regions.
The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Anti-Infectives Market Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 118.36 Billion
• Forecast CAGR (2023-2028): 4.3%
• Forecast Market Size (2028): USD 152.37 Billion
The increasing prevalence of eye infections is likely to drive the demand for anti-infective medicines in the forecast period. This can be attributed to the prolonged exposure to dirt in the atmosphere due to the rising pollution levels.
In addition, the escalating health consciousness among the population, coupled with the growing efforts by the healthcare authorities aimed towards reducing preventing the cases of hospital acquired bacterial infections are anticipated to bolster the market growth in the forecast period.
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In terms of region, North America accounts for a significant share in the market owing to the high amount of spending by the government on healthcare and lucrative opportunities offered to the major pharmaceutical companies in the United States.
Anti-Infectives Industry Definition and Major Segments
Anti-infectives are defined as the antibacterial or antiviral medicines which are consumed to prevent or treat infections. Anti-infectives can be applied directly as ointments, consumed orally, or can be injected through needle.
Moreover, anti-infectives are very recent in origin and their derivatives have been used in since the early 1900s. Penicillin and Sulphonamide are some of the popular examples of anti-infectives.
On the basis of type, the market can be segmented into:
Based on route of administration, the market has been categorised as:
• Intravenous (IV)
The significant distribution channels included in the market are as follows:
- Hospital Pharmacy
• Retail Pharmacy
• Speciality Pharmacy
The regional markets for anti-infectives include:
- North America
• Asia Pacific
• Latin America
• Middle East and Africa
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Anti-Infectives Market Trends
The key trends in the anti-infectives market include the growing R&D activities, and mergers and acquisitions aimed towards developing minimally invasive anti-infectious treatment procedures.
Meanwhile some other key trends in the market include the rising healthcare expenditure, favourable reimbursement policies for the patients, increasing geriatric population, and the increasing risk of infections due to increasing inclination towards activities such as swimming, and camping.
Moreover, the thriving e-commerce industry, which offers discounts on anti-infective medicines, along with the convenience of door-step delivery, is anticipated to boost the sales of the medicines in the forecast period. The market will further be aided by the growing FDA approvals of anti-infective medicines and drugs which will cater to the market growth in the coming years.
Key Market Players
The major players in the market are:
- Gilead Sciences, Inc
- Sandoz International GmbH
- Pfizer Inc
- GlaxoSmithKline plc
- Abbott Laboratories
The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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