Anti-infectives Market to Set Phenomenal Growth in Key Regions By 2030

Description
Theglobal anti-infectives market size is estimated to be USD 110.54 Billion in 2021 and is projected to reach USD 180.25 Billion by 2027, register a CAGR of 6% during the forecast period (2021-2027). Anti-infective drugs help kill the micro-organism inside the body and aid in detailed patient analysis, prognosis, and identification of cure. Anti-viral and anti-fungal drugs are the most sought-after segments in the anti-infectives market, witnessing a notable rise in growth rate over the forecast period.

Factors to be Influencing Performance of Anti-infectives Market over Forecast Period:
Exploding disease prevalence rates, expanding patient pool, new drug launches, and increasing vaccine approvals are expected to drive the anti-infectives market growth. Moreover, the number of hospitals and primary care clinics has been rising, indicating greater demand generation in the near future, which will lead to the market’s growth.

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Competition between generic manufacturers, the high price of drugs, and dicey reimbursement policies are some facts that will continue to limit the rapid expansion of the anti-infectives market globally.

The high purchasing power of consumers, willingness to opt for expensive drug products, and improved availability collectively create an opportunity in front of market players, especially in developing economies. However, the growing sophistication of the healthcare infrastructure in developing countries also strengthens the scope for growth of the anti-infectives market.

Impact of COVID-19 on Anti-infectives Market:
The COVID-19 pandemic has been disrupting the global health environment. However, the anti-infectives have strongly emerged from this event. Many healthcare centers have been even generating greater demand for anti-infectives targeting the effective treatment of COVID-19. Global sales of anti-infective drugs