The anti-infective agents market size is projected to reach US$ 176.8 billion by 2031 from US$ 139.9 billion in 2023. The market is expected to register a CAGR of 3.2% during 2023–2031. The innovations in drug delivery systems are likely to remain key trends in the market.
The rising incidence of infectious diseases drives the market's growth. As per the World Health Organization (WHO), in 2022, 10.6 million people suffered from tuberculosis across the globe, which is an increase from 10.3 million in 2021 and 10.0 million in 2020. Similarly, in 2022, the WHO estimated 249 million malaria cases worldwide. Such high incidence of infectious diseases increases the demand for anti-infective agents market.
Rising incidence of infectious diseases, increasing occurrence of drugs resistant pathogens, rising aging population, innovations in drug discovery and development, growing support from government initiatives and funding, increasing incidence of hospital acquired infections, robust pipeline of anti-infective drugs and rising public awareness regarding infectious diseases are factors driving the growth of the anti-infective agents market.
Increasing antibiotic resistance pathogens increases the demand for new anti-infective agents. As per the Centers for Disease Control and Prevention, in the U.S., over 2.8 million antimicrobial-resistant infections occur every year. Similarly, as per the latest national surveillance data, UK Health Security Agency (UKHSA) annual conference, estimated that 58,224 people in England had an antibiotic resistant infection in 2022, that is a rise of 4% since 2021 (55,792).
Support from government organizations to develop new anti-infective drugs and distribute anti-infective agents is likely to favor the growth of the market. For instance, the Government of India, through the National AIDS and STD Control Programme (NACP), will provide high-quality anti-retroviral (ARV) medicines free of cost to people suffering from HIV from treatment facilities across the country.
Similarly, to end the HIV epidemic, the US Government invests billions to support HIV testing, prevention, treatment, and research initiatives across the country and the globe. The US government spends over US$ 28 billion per year to support the implementation of the Ending the HIV Epidemic in the US (EHE).
Key segments that contributed to the derivation of the anti-infective agents Market analysis are type, range, animal type, disease type, and end user.
The geographic scope of the Anti-Infective Agents Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
The North America anti-infective agents market has been segmented into the US, Canada, and Mexico. The increasing number of product approvals with growing research & development activities, and rising demand for advanced therapeutic solutions to treat chronic conditions and viral diseases are among the prominent factors propelling the market growth in this region.
Europe is the second-largest market owing to factors such as the rising geriatric population, increasing prevalence of chronic viral diseases, and high demand for developing new anti-viral drugs in the region. With USD 15.79 billion funded from 2007 to 2019 through the 7th Framework Program and Horizon 2020, in addition to the USD 1.1 billion pledged for coronavirus research, the EU plays a crucial role in funding and coordinating research on infectious diseases.
The regional trends and factors influencing the Anti-Infective Agents Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Anti-Infective Agents Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 139.9 Billion |
Market Size by 2031 | US$ 176.8 Billion |
Global CAGR (2023 - 2031) | 3.2% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The Anti-Infective Agents Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Anti-Infective Agents Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The anti-infective agents market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the Anti-Infective Agents Market are listed below:
The “Anti-Infective Agents Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
The anti-infective agents market is estimated to grow with a CAGR of 3.2% from 2023 to 2031.
The estimated value of the anti-infective agents market by 2031 is US$ 176.8 billion billion
The anti-infectives agents market majorly consists of the players such as Abbott, Allergan Plc., Astellas Pharma Inc., Merck & Co., Inc., Bayer AG, Bristol-Myers Squibb Company, Boehringer Ingelheim International GmbH, F. HOFFMANN-LA ROCHE Ltd., Gilead Sciences, Inc., GlaxoSmithKline plc., Novartis AG among others.
Rising Investments in R&D Activities in Pharmaceutical Sector
The market drivers include rising prevalence of targeted diseases and rising government support for research activities and clinical trials are leading to increasing usage of anti-infectives agents market. However, emergence of anti-infective drugs resistance and their side effects is a key restraining factor for the market growth.
North America dominated the anti-infective agents market in 2023