ReportsnReports. com adds new research report Global Tuberculosis Drug Market 2017-2021. This report covers the present scenario and the growth prospects of the global tuberculosis drug market for 2017-2021. To calculate the market size, the report considers the volume and services.
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The following companies are the key players in the global tuberculosis drug market: Lupin, Otsuka Novel Products, Pfizer, Sandoz, and Sanofi. Other prominent vendors in the market are: AstraZeneca, Archivel Farma, bioMérieux, Cepheid, EIKEN CHEMICAL, and Epistem.
Global Tuberculosis Drug Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Tuberculosis( TB) is caused by Mycobacterium tuberculosis and often affects the lungs. It spreads from person to person through the air in the form of a cough, sneeze or spit. TB affects adults more when compared with children. The analysts forecast global tuberculosis drug market to grow at a CAGR of 3.17 % during the period 2017-2021.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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The latest trend gaining momentum in the market is focus on development of shorter TB drug regimens. MDR-TB needs a treatment course of second-line drugs over 18 months or more, which is quite higher than the standard six months of treatment with first-line TB drugs. Since last 5-7 years, the R & D efforts have been accelerated to reduce this elongated timeline and conventional treatment regimen for MDR-TB.
According to the report, one of the major drivers for this market is increase in outbreak of TB-HIV coinfections. The risk of developing TB is 26-32 times greater in people living with HIV than among those without HIV. HIV and TB are inter-related co-infection where one could lead to another. It is very prominent to find individuals with HIV infection along with either latent or active TB disease.
Further, the report states that one of the major factors hindering the growth of this market is insufficient demand and high drug cost in developed countries. The potential of the market has reduced considerably because of the decline in the number of TB cases in developed countries. New TB cases are occurring only in developing countries. However, pharmaceutical companies presume that only a few individuals in developing countries can afford TB drugs. Moreover, the existing healthcare budgets and policies in developing countries are not quite attractive enough to lure the big pharmaceutical companies.
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