As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
The global market for anti-infectives is being driven by the increasing awareness among consumers through print or digital media, including television advertisements, regarding the avoidable risks associated with early treatment of infectious diseases. With the presence of an extensive distribution channel, the easy availability of anti-infective tablets, powders, ointments, and creams is invigorating the growth of the market. Further, the distribution channels, such as retail pharmacies and speciality pharmacies are generally found in every neighbourhood, which usually have topical anti-infectives at considerable prices. This is another factor contributing to the growth of the market. Furthermore, the age of digitisation and the flourishing e-commerce industry has led to the development of online pharmacies, which aid in quick deliveries at discounted prices, thereby adding to the market growth of anti-infectives.
AirCuris Anti-Infective Cures AG, a significant company in the global market for anti-infectives, recently revealed the opening of the 2nd round of its AiCubator corporate innovation accelerator initiative in October 2021. The AiCubator is engineered to help scientists and startup companies foster innovation in the anti-infectives and to encourage ideas that might lead to the development of advanced anti-infectives. The core of the project is on targeted antiviral therapies for hepatitis B virus cure, Epstein-Barr virus, BK virus, and adenovirus as well as antibacterial therapy for bloodstream and diabetic foot infections. As a leading company in the discovery and development of drugs against infectious diseases, AiCuris provides a platform for the development of effective medicines. Such developments by leading market players are invigorating the growth of the market. The market is further expected to be propelled by the expansion of market leaders like Pfizer Inc. (NYSE: PFE).
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The major players in the global anti-infectives market are Gilead Sciences, Inc., Sandoz International GmbH, Pfizer Inc., GlaxoSmithKline plc., and Abbott Laboratories, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
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