The Global Tuberculosis Drug Market Report is a compilation of comprehensive research studies of various aspects of the Tuberculosis Drug Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Tuberculosis Drug market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Tuberculosis Drug market and how they will evolve in the years to come.
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Absolute Market Insights reports, the global tuberculosis drug market is likely to grow at 5.1% CAGR during the 2022-2030 period, and reach a valuation of US$ 1619.93 Mn by 2030.. Brown & Burk, Cadila Pharmaceuticals, Cipla Inc., Fresenius Kabi (Singapore) Pte Ltd, GlaxoSmithKline PLC., Johnson & Johnson Services Inc., LUPIN, Macleods Pharmaceuticals Ltd., Mylan N.V., Novartis AG, Otsuka Pharmaceutical Co. Ltd., RIEMSER Pharma GmbH, Sanofi, Sequella Inc., and Strides Pharma Science Limited amongst others.
Tuberculosis (TB) is an infectious disease that is usually caused by Mycobacterium tuberculosis (MTB) bacteria. Although tuberculosis is known to generally affect the lungs of patient, it can also affect other parts of the body. As this infectious diseases is affecting millions of people worldwide, the increasing bacterial drug resistance is also threatening a rise in TB cases as many drugs are ineffective against TB treatment. Hence, a surging need for new antibiotics to cure TB is encouraging research & development (R&D) institutions to pacify investments, which showcases substantial growth prospects for the global tuberculosis drug market over the forecast period.
Many factors are driving the global tuberculosis drug market but the most important factor is the growing incidences of tuberculosis in developing countries. TB patients can be seen all over the world but according to a survey, 95% deaths from tuberculosis are in developing countries. Hence, higher demand for drugs that can be useful for tuberculosis treatment comes from developing countries. Many companies manufacturing such drugs see developing countries as target markets. However, the concerns pertaining to high cost of treatment is impeding the growth of the global tuberculosis drug market.
The strategic initiatives being undertaken in the global tuberculosis drug market is expected to inflate market growth in the near future. TB Alliance and Macleods forged a commercial partnership for new therapy for highly drug-resistant TB in October 2019. In another instance, the Drug Controller General of India (DCGI) approved an anti-tuberculosis drug pretomanid, called Mylan Secures, under the National Tuberculosis Elimination Program (NTEP) program in July 2020.
The COVID-19 pandemic has led to a tremendous rise in concern about the health of children because coronavirus can rapidly endanger the life of a patient suffering from TB. Regarding lungs, coronavirus and tuberculosis have similar symptoms. Hence, scientists are experimenting with many drugs useful for tuberculosis treatment to see if they can used for the treatment of coronavirus.
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Global Tuberculosis Drug Market:
By Type of Tuberculosis
- Active Tuberculosis
- Latent Tuberculosis
By Treatment Type
- First Line Drugs
- Isoniazid
- Rifampicin/ Rifampin
- Ethambutol
- Pyrazinamide
- Others
- Second Line Drugs
- Levofloxacin
- Moxifloxacin
- Others
By Route of Administration
- Oral
- Parenteral
By Dosage Form
- Tablets
- Capsules
- Powder for Solution for Injection
- Others
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online
- Others
By Geography
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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