Infectious Disease Treatment Market Outlook, Growth Prospects and Key Opportunities
Infectious diseases are medical conditions or disorders caused by microorganisms such as bacteria, fungi, viruses and other parasites. Several organisms are present in and on human bodies. Some organisms are normally harmless and even helpful. However, under certain circumstances, some organisms cause diseases. Infectious diseases spread from one person to another. Moreover, some are transmitted by bites from insects and animals. Infectious diseases also occur by consumption of contaminated food and water.
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Signs and symptoms of infectious diseases depend on the type of organism and infection. Some of the most common symptoms of infectious diseases include fatigue and fever. Mild complaints of infectious diseases treated from rest and home remedies, while some life-threatening infections require hospitalization. Infectious diseases, such chickenpox and measles are prevented by vaccination. Frequent and thorough hand-washing also protect human body from infectious diseases.
Moreover, anti-infective drugs play a vital role in the treatment of infectious diseases. Anti-infective drugs are used to kill and stop growth of microorganism. These drugs can act as a defense system for human body and neutralize the action of disease causative agents. Based on microorganism, anti-infective drugs are mainly categorized into antiviral, antibacterial, antifungal and antiparasitic drugs.
The global infectious disease treatment market is segmented into antibacterial drugs, antifungal drugs, antiviral drugs and antiparasitic drugs. Antibacterial drugs segment covers tetracyclines, beta-lactams, aminoglycosides, macrolides, phenicols, sulfonamides and quinolones. Antifungal segment includes azoles, echinodians, pyrimidines, polyenes and allylamines. Antiviral drugs segment covers HIV, hepatitis B and C treatment drugs.
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Some of the major competitors in the global infectious disease treatment market are F. Hoffmann-La Roche, GlaxoSmithKline, Merck, Johnson & Johnson, Pfizer, Gilead Sciences, Bristol-Myers Squibb Company, AstraZeneca, Bayer AG, Novartis, Sanofi, AbbVie and Auritec Pharmaceuticals.
Home Infusion Therapy Market - Global Industry Analysis, Growth and Demand, 2023
Infusion therapy is referred to a medical procedure by which a drug is administered intravenously or can also be provided through other non-oral routes such as intramuscular injections and epidural routes into the membranes that surround spinal cord. Home Infusion therapy engages administration of intravenous pills into the consumer’s body, with the help of needle or catheter, at their homes based on the doctor’s prescription. Home infusion therapy is mostly done when oral medications are not effective to cure the disease. Home infusion therapy offers advantage over others therapy in its class, as it reduces time spent in hospitals, nursing homes and clinics, and is provided by trained professionals.
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Home Infusion therapy is an effective and safe alternative for patient care because it provides friendly environment, which helps patients in early recovery. Infections which are not cured by oral medication, such as gastrointestinal diseases, cancer, cancer related pain and dehydration, are cured by home infusion therapy. Home infusion therapy is also used for curing health failure, diabetes, dehydration, cystic fibrosis, acute infections and nutritional support. Some of the infusion therapy devices, which are used for medication, are intravenous set, infusion pump and needleless connectors. One of the major home infusion therapies is penn home infusion therapy that provides the various necessary treatment and medications in the comfort of patient’s own home. Some of the services that are provided by penn home infusion therapy are infectious disease, pain management, nutrition, oncology and cardiology.
The various devices used in home infusion therapy are syringe, volumetric, ambulatory, insulin, enteral, implantable and patient control analgesia infusion pumps. In terms of application, the global home infusion therapy market can be categorized as enteral nutrition, anti-infective, pain management, specialty pharmaceuticals, chemotherapy, total parenteral nutrition and hydration infusion pump.
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North America had the largest home infusion therapy market in 2014, owing to rising number of chronic diseases and increasing healthcare costs in the region. Asia-Pacific home infusion therapy market is growing at the fastest rate, attributed mainly to the aging population of Japan and increasing expenditure on healthcare services in developing countries such as India and China.
Some of the major competitors in home infusion therapy market are Baxter, ICU Medical Inc., TERUMO CORPORATION, JMS Co. Ltd., CareFusion Corporation, B. Braun Melsungen AG, Smiths Medical, and Fresenius Kabi AG.
Fibrin Glue Market - Global Industry Analysis, Size and Growth, 2023
The global fibrin glue market is likely to grow significantly during the forecast period, mainly due to increasing number of surgical procedures and burn cases, and rising healthcare expenditure. According to the data provided by the World Bank, 30,537 surgeries were performed per 100,000 population, in 2012, in the U.S. Similarly, in 2015, number of surgical procedures performed in Australia were 28,907 per 100,000 population. Fibrin glue is used in various types of surgeries. Fibrin glue is also used in burn cases during plastic surgeries and surgery of the burned body parts. According to WHO, approximately 265,000 deaths every year are caused by burns. Additionally, increasing prevalence of chronic diseases and low chances of complications associated with these products and rise in the number of road accidents also contributes to the growth of the overall market. However, increasing minimally invasive procedures and stringent regulatory requirements are some of the key factors restraining the growth of global fibrin glue market.
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North America has been the largest market for fibrin glue, with the U.S. being the larger contributor to the regional market, compared to Canada. High prevalence of cardiovascular diseases is a key factor driving the growth of North America fibrin glue market for cardiac surgery. Additionally, the growth of the fibrin glue market in this region is driven by the rise in number of surgical procedures; especially plastic surgeries in the region, high expenditure on healthcare, increasing geriatric population, high number of road accidents and burn cases. According to American Heart Association (AHA), around 85.6 million people are living with cardiovascular diseases, in the U.S. According to Centers for Disease Control and Prevention (CDC), total national healthcare expenditure in the U.S. was $3.0 trillion in 2014 and per capita national health expenditure was $9,523. According to the American Society of Plastic Surgeons, around 14.6 million cosmetic plastic surgeries were carried out in the U.S. in 2012, which was 5% higher as compared to 2011. According to a United Nations publication, the population of people aged 60 years and above in North America was approximately 74.6 million in 2015, and the number is estimated to reach approximately 104.8 million by 2030. Thus, the demand for fibrin glue products is expected to increase in the region.
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Key player in the fibrin glue market are extensively working on indication expansion of the existing fibrin glue products to leverage full potential of their products in various indications.
Some of the key players operating in the global fibrin glue market include Vivostat A/S, Kaketsuken, Johnson & Johnson, Baxter International Inc., CSL Behring, Zimmer Biomet Holdings, Inc., Takeda Pharmaceutical Company Limited, Mallinckrodt Plc, Shanghai RAAS Blood Products Co. Ltd. and Hualan Biological Engineering Inc.
Joint Reconstruction Market - Global Industry Analysis, Size, Growth and Demand, 2023
The number of younger aged patients in need of revision and partial joint replacement procedures are expected to influence the growth of global joint reconstruction market. A broadening patient base, which includes younger patients below 55 years of age and elderly patients exceeding the age of 80, are anticipated to increase the demand of hip and knee replacement procedures.
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Knee replacement procedures are expected to grow at a faster rate, than hip replacement procedures because of the increasingly active aging population. Although shoulder and small joint replacement procedures are low in numbers, but they are expected to grow at a higher growth rate than the other segments, due to the increasing awareness and availability of cost-effective procedure options in joint replacement.
Joint reconstruction is a method in which an injured or dysfunctional joint or tissue is substituted by an artificial prosthesis. Artificial prostheses include materials such as, comprising plastics, metals and ceramics. The general types of joint replacement procedures include, digit replacement, ankle replacement, hip replacement, elbow replacement, knee replacement, shoulder replacement and elbow replacement.
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The global joint reconstruction market can be categorized into hip Implants, knee Implants, and trauma and extremities (such as wrists, ankles, shoulders and elbows). The joint reconstruction market accounts for the largest share in the orthopedic devices market. The high rate of obesity among people has a high impact on growth of the joint reconstruction market. Obesity is the main cause of knee arthritis resulting in weakening of an individual's health and excessive fat accumulation. People in the highest group of body weight are at up to ten times the risk of developing knee osteoarthritis, than those in the lowest group.
On the other hand, alternative treatment options available for joint replacement are the major factors restraining the growth of global joint reconstruction market.
DePuy Synthes, Smith & Nephew PLC, Stryker, Tornier, Inc., Wright Medical Technology, Inc. and Zimmer Biomet Holdings, Inc. are some of the major competitors in the global joint reconstruction market.
Vaccine Market - Global Industry Analysis, Size and Growth, 2023
The global vaccine market is growing significantly due increasing initiatives by non-government organizations to provide immunization and improvement in production technique of vaccine in the industry. Various programs and campaigns are organized, such as Immunization Week by World Health Organization, to create awareness among the population all over the world. Massive unexplored market in vaccine industry of developing economies are creating ample opportunities for the vaccine market to grow at a considerable rate in the coming years.
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Moreover, the advanced research and development facilities, and new and innovative product developments by the companies are propelling the growth of the vaccine industry. Increasing prevalence of cancer and infectious diseases is fuelling the growth of the vaccine market. Infectious diseases are the major contributor to the human mortality and morbidity. According to World Health Organization, approximately 129,064 cases were reported in 2013. Vaccination has rescued millions of lives to provide secure and better life.
The vaccine market is categorized on the basis of type, technology, disease indication and end users. On the basis of type of vaccine, the vaccine market can be categorized as preventive vaccine and therapeutic vaccine. Preventive vaccine leads the vaccine market due to increasing prevalence of infectious disease and increasing investment by government and non-government organizations.
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Some of the companies operating in the global vaccine market are GlaxoSmithKline, Plc., CSL Limited, Sanofi, Medimmune, LLC., Emetgent Biosolutions, Inc., Novartis, AG, Pfizer, Inc., Merck & Co., Inc., Bavarian Nordic, and Johnson & Johnson.
Injectable Drugs Delivery Market - Global Industry Analysis, Size and Growth, 2023
The global injectable drug delivery market is growing significantly due to increasing prevalence of cancer and diabetes, technological advancements in injectable drug delivery devices, and increased patient adherence to injectable drug delivery systems in the industry. Massive unexplored injectable drug delivery market in emerging economies and development of biosimilars and biologics are creating ample opportunities for the global injectable drug delivery market to grow at a considerable rate in the coming years. The advanced research and development facilities and new product developments by the companies are propelling the demand for cost effective and efficient injectable drug delivery devices and formulations.
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Significant shift from conventional injectable drug delivery devices to self-injection drug delivery devices is a trend in global injectable drug delivery market. Increasing prevalence of diabetes has fuelled the demand of self-injection drug delivery devices; hence, reducing frequent hospital visits and costs related to it. According to the International Diabetes Federation (IDF), in 2013, there were 381.8 million people living with diabetes across the globe and the number was expected to grow to 591.9 million by 2035.
The global injectable drug delivery market is categorized as therapeutic applications, end-users, and products type. Based on therapeutic applications, the injectable drug delivery market is segmented as oncology disorders, autoimmune diseases, orphan diseases, hormonal disorders, and others. The hormonal disorders segment leads the global injectable drug delivery market due to high prevalence of diabetes. Based on end-users, the injectable drug delivery market is categorized as hospitals and nursing homes, research institutes, pharmaceutical and biotechnology companies, and others.
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Some of the major players operating in the global injectable drug delivery market are Becton, Dickinson and Company, Baxter International, Inc., Novo Nordisk A/S, Terumo Medical Corp., Sanofi, Schott AG, Ypsomed Holding AG, Antares Pharma, Inc., Owen Mumford Ltd., Eli Lilly And Company, and Zogenix, Inc. among others.
Programmed Death-1 and Programmed Death Ligand-1 Inhibitors - Global Industry Analysis, Size and Growth, 2025
Programmed death-1 and programmed death ligand-1 inhibitors market is valued at an estimated $4,926.4 million in 2016, and it is expected to grow at a CAGR of 23.4% during 2017 - 2025. The growth of the global market is largely driven by the increased investment and funding, strong pipeline, and improved safety and efficacy.
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Some of the other factors driving the growth of the global market include technological advancements and innovations, and high prevalence of cancer. Less number of competitors and expected launch of Phase III drug candidates will create ample growth opportunities for the global market. However, high cost of research and therapy, and stringent and time consuming regulatory process are the key barriers for the growth of the global market.
PD-1 and PD-L1 inhibitors are highly growing immunotherapies that are being used in oncology therapy area. The pipeline of PD-1 and PD-L1 inhibitors is enriched with 47 drugs and there are approximately 245 active clinical studies. There are many drugs in early stage of pipeline; thus, making PD1 and PDL1 inhibitors market very lucrative.
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Some of the key players operating in the global market include Merck & Co., Inc., Bristol-Myers Squibb Company, AstraZeneca plc and others.
