Analyzing the trends and forecasting Global Infectious Disease Therap Global Infectious Disease Therapeutics Market | Page 2
According to the report “Global Infectious Disease Therapeutics Market,” published by
Market Data Forecast, the global market is projected to reach USD 132.29 million by 2021
from USD 90.2 billion in 2016, at a CAGR of 7.96%.
Infectious diseases remain the leading cause of death of children worldwide. New
therapeutics are urgently needed, to replace current treatments that are being
compromised by resistance phenomena, and to combat emerging threats.
More recently, institutional initiatives in structural biology and chemical biology have
brought expertise in structure-based drug discovery, high throughput screening and
medicinal chemistry. The broad goals of the research in this field are to characterize the
pathogenic mechanisms of micro-organisms, to identify suitable targets for therapeutic
intervention, and to develop vaccines and lead drug compounds into safe and effective
medicines.
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The factors influencing the Global Market for Infectious Disease Therapeutics Market, either
positively or negatively are presented in the DROC analysis. Major factors that are driving
the growth of the market are increasing occurrence of infectious diseases, growing use of
direct acting anti-viral, increasing health care expenditure and increasing geriatric
population, growing healthcare awareness, increasing government funding’s in developing
countries. The major factor restraining the growth of the market is generic erosion, Patent
expiration of infectious disease drugs.
For granular level understanding, the Infectious Disease Therapeutics Market is segmented
based on the following categories with Market Size Estimations and Y-o-Y Forecasts
presented for each sub-segments.
1) By Mode of Treatment
Drugs
Oral Administration
Topical
Injections
Others
Vaccines
2) By Target Organism
Antibacterial