Global Anti-tuberculosis Therapeutics Market Growth, Trends and Forecasts Through 2019-2024 – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Global
Anti-tuberculosis Therapeutics Market Growth, Trends and Forecasts
Through 2019-2024” report has been added to ResearchAndMarkets.com’s
offering.

The anti-tuberculosis therapeutics market is expected to witness a CAGR
of approximately 6% over the forecast period 2019-2024.

Key Highlights

• Factors, such as the rising prevalence of tuberculosis, a growing
  initiative from government organization for tuberculosis awareness, a
  collaboration between academic and private players for novel drug
  development, and rising incidence of MDR and XDR cases in developing
  countries, are propelling the growth of the market studied.
• The global burden of TB and MDR-TB is a challenge for leading medical
  regulatory institutions. The active interest of both medical
  communities and government alike, in curbing TB, is expected to
  increase the number of diagnoses for TB. This is, in turn, driving the
  growth of the global anti-tuberculosis therapeutics market, supported
  by the increasing global prevalence of TB and MDR-TB.

Hospitals/Clinics are Expected to Witness the Fastest Growth
in the Coming Future

The WHO’s strategy to prevent TB includes engaging all relevant
healthcare providers in tuberculosis (TB) care, while control through
public-private mix approach remains an essential component of the
strategy.

The TB prevalence rate is more in countries, like China, India, and
Africa, hence, the governments of these respective countries are trying
to decrease the rate by increasing government initiatives and the number
of hospitals.

As an example, China has used partnership between public hospitals and
TB dispensaries as one of the strategies to reach the global TB control
targets. According to the National Survey conducted in China, it was
estimated that there were 203 TB-specific hospitals in China during
1999-2009 and later on, the Chinese government planned to double the
number of hospitals.

The Department of Health of Hong Kong, as of 2015, operated around 17
chest clinics throughout the territory of Hong Kong, providing
outpatient service mainly to patients suffering from TB. However, the
total attendance at chest clinics decreased from 6,96,300 in 2014 to
6,72,600 in 2015. Most of the TB patients were diagnosed in private
hospitals in India as of 2014, which is expected to continue the same
way.

In the coming years, the number of hospitals and clinics for TB is
expected to increase further with more government policies, which are a
major factor for the growth of the market.

North America is Expected to Be the Largest Market over the
Forecast Period

As per the Centers for Disease Control and Prevention (CDC), in 2017, a
total of 9,093 new cases of tuberculosis (TB) were reported in the
United States, representing an incidence rate of 2.8 cases per 100,000
population.

According to the most recent TB surveillance report the United States
continued to make slow progress toward TB elimination in 2016. CDC plays
an important role in TB elimination by working with state and local
partners in the United States.

The National Academy of Medicine, the CDC, and many state and local
health departments have identified the importance of targeting
prevention efforts at people with latent infection. Recently, one of the
major priorities of the New York City Department of Health and Mental
Hygiene Bureau of Tuberculosis Control was to make sure that individuals
at high risk for progression from latent TB infection to TB disease
finish the treatment and do not develop the disease.

The Patient Protection and Affordable Care Act can increase the current
efforts to control tuberculosis (TB) in the United States by bringing
millions of currently uninsured US citizens into the healthcare system.
The US government is also expected to support the collection, analysis,
and use of quality-assured data and technologies, such as mobile devices
and geographical information services, to find out the best locations
for new care and treatment sites, and/or existing sites that should be
reinforced, so that appropriate services are widely and easily
accessible.

The anti-tuberculosis therapeutics market is likely to get influenced in
the United States, with increasing healthcare expenditure and improved
diagnostic strategies by the US government.

Competitive Landscape

The anti-tuberculosis therapeutics market is highly consolidated, with
very few companies holding a substantial market share. With the rising
focus of the healthcare sector on the development of novel drugs and the
growing investment in the R&D, more small to mid-sized companies are
estimated to enter into the market in the coming future. Currently,
companies such as Lupin, Macleods Pharmaceuticals, Otsuka Pharmaceutical
Co, and Johnson & Johnson hold the largest market share.

Key Topics Covered

1 INTRODUCTION

1.1 Study Deliverables

1.2 Study Assumptions

1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Market Drivers

4.2.1 Rising Prevalence of Tuberculosis

4.2.2 Growing Initiative from Government Organization for Tuberculosis
Awareness

4.2.3 Collaboration Between Academic & Private Players for Novel Drug
Development

4.2.4 Rising Incidence of MDR & XDR Cases in Developing Countries

4.3 Market Restraints

4.3.1 Adverse Side Effects of Anti-tuberculosis Drugs

4.3.2 High Cost of MDR & XDR TB Drugs

4.4 Porter’s Five Force Analysis

5 MARKET SEGMENTATION

5.1 By Drug Class

5.1.1 Isoniazid

5.1.2 Rifampin

5.1.3 Ethambutol

5.1.4 Pyrazinamide

5.1.5 Fluoroquinolones

5.1.6 Bedaquiline

5.1.7 Amynoglycosides

5.1.8 Thioamides

5.1.9 Cyclic Peptides

5.1.10 Other Drug Classes

5.2 By End User

5.2.1 Hospitals and Clinics

5.2.2 Government Agencies

5.2.3 Non Profit Organizations

5.2.4 Other End Users

5.3 Geography

5.3.1 North America

5.3.1.1 United States

5.3.1.2 Canada

5.3.1.3 Mexico

5.3.2 Europe

5.3.2.1 Germany

5.3.2.2 United Kingdom

5.3.2.3 France

5.3.2.4 Italy

5.3.2.5 Spain

5.3.2.6 Rest of Europe

5.3.3 Asia-Pacific

5.3.3.1 China

5.3.3.2 Japan

5.3.3.3 India

5.3.3.4 Australia

5.3.3.5 South Korea

5.3.3.6 Rest of Asia-Pacific

5.3.4 Middle East & Africa

5.3.4.1 GCC

5.3.4.2 South Africa

5.3.4.3 Rest of Middle East & Africa

5.3.5 South America

5.3.5.1 Brazil

5.3.5.2 Argentina

5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

6.1.1 Lupin Limited

6.1.2 Macleods Pharmaceuticals Ltd.

6.1.3 Otsuka Pharmaceutical Co. Ltd.

6.1.4 Johnson & Johnson

6.1.5 Pfizer Inc.

6.1.6 Novartis AG

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/2k80t8

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
[email protected]
For
E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call
1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related
Topics: Respiratory
Drugs, Infectious
Diseases Drugs