The reliable Communicable Diseases Treatment market report is structured based on the market type, organization size, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. This market study also evaluates the market status, growth rate, future trends, market drivers, opportunities, challenges, risks, entry barriers, sales channels, distributors and Porter's Five Forces Analysis. With the particular base year and the historic year, definite estimations and calculations are carried out in this report. A market report is sure to lend a hand in enhancing sales and improving return on investment (ROI).
Data Bridge Market Research analyses that the communicable diseases treatment market was valued at USD 28.1 billion in 2021 and is expected to reach USD 47.0 billion by 2029, registering a CAGR of 6.64% during the forecast period of 2022 to 2029.
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Market Overview:
A communicable disease is one that can be passed from person to person or animal to animal. These diseases are caused by pathogens including viruses, bacteria, and fungus. Vaccines are a powerful tool for preventing viral diseases. Antibiotics may be needed to treat a bacterial infections. These drugs can help kill bacteria or slow them down enough that the immune system can fight them off. Antifungal prescriptions and, in rare situations, intravenous medicine may be required for a severe or chronic fungal infection. Over-the-counter topical ointments can be used to treat various benign diseases such as ringworm and athlete's foot.
Communicable Diseases Treatment Market Dynamics
Drivers
- Rising incidences of infectious diseases
The rising incidences of infectious diseases such as hepatitis, diphtheria, and Lyme disease will act as a major driver that will expand the growth rate of the market. According to the Centers for Disease Control and Prevention, in 2016 and 2017, there were 0.62 and 1.03 new cases of communicable disease per 100,000 people in the United States, respectively.
Some of the major players operating in the communicable diseases treatment market are:
- Eli Lilly and Company (U.S.)
- AstraZeneca (U.K.)
- Novartis AG (Switzerland)
- Johnson & Johnson Private Limited (U.S.)
- Teva Pharmaceutical Industries Ltd. (Ireland)
- Merck & Co., Inc. (U.S.)
- Allergan (Ireland)
- Bausch Health Companies Inc. (Canada)
- Abbott (U.S.)
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