Asia Pacific Infectious Disease Diagnosis & Treatment Market Emerging at a CAGR of 7.8% During 2018 to 2023 Says a New Report at MarketResearchFuture.com
The report gives the clear picture of current Asia Pacific Infectious Disease Diagnosis & Treatment Market scenario and the predicted future of the industry. The report focuses on the basis of market drivers, restraints, growth, trends and forecast for the period of 2017-2023.
Pune, India -- (SBWire) -- 10/02/2018 --Asia Pacific Infectious Disease Diagnosis & Treatment Market is expected to grow at a CAGR of 7.8 % during forecasted period.
Asia Pacific Infectious Disease Diagnosis & Treatment Market – Competitive Landscape
The Infectious Disease Diagnosis and Treatment Market in Asia-Pacific region is growing owing to the increasing developments of key players like Lupin, Pfizer, Abbott, Cipla, and Johnson & Johnson in this region. The key players in this market have adopted strategies of maintaining their position in the market through mergers and acquisitions, strategic tie-ups and continuous new product launches.
In April 2018, Pfizer stated the approval of Breakthrough Therapy Designation for TRUMENBA (Meningococcal Group B Vaccine) from U.S. Food and Drug administration (FDA). TRUMENBA, first approved Breakthrough Therapy for MenB vaccine for active immunization in children aged one to nine years.
In November 2017, Cipla, an Indian pharmaceutical company stated the approval of Q-TIB drug from World Health Organization for prevention of tuberculosis infection in people infected with HIV. This approval allowed Cipla to market the TB prevention drug globally.
In October 2017, Lupin Limited, a multinational pharmaceutical company stated that LUPIN Inc., its US division acquired Symbiomix Therapeutics, LLC, a privately held company engaged in developing innovative therapies for gynecologic infections. Lupin expanded its branded women's health specialty business with acquisition of Symbiomix and Solosec franchise.
In October 2017, Abbott, a global healthcare company announced acquisition of Alere Inc. With the acquisition, Abbott strengthened its position in in-vitro diagnostic market. This acquisition further increased the growth of infectious diseases diagnostic market in Asia Pacific region as both are key players for this market.
In May 2017, Alere Inc., a global manufacturer of point of care diagnostic test launched a rapid diagnostic test Alere Malaria Ag P.f, to detect malaria infections among asymptomatic patients. With this product launch, Alere expanded its product portfolio for malaria infection.
In February 2017, drug major Cipla stated the launch of adult Hepatitis B vaccine in Indian market. For this launch, Cipla entered into a co-exclusive agreement with Serum Institute of India Private Limited (SII) which allowed Cipla to market the vaccine for adult population and SII for children and adults.
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Asia Pacific Infectious Disease Diagnosis & Treatment Market – Insights
Infectious Diseases are the diseases which are caused by viruses, fungi and bacteria. Many of the microorganism are present in the body which are normally did no harm body but under certain condition this microorganism may led to cause different diseases.
Infectious Diseases Diagnosis and Treatment Market is increasing continuously in Asia Pacific region due to rising prevalence of different infectious diseases. Tropical climate, humid weather and improper handling of waste material has led to increase the prevalence of different infectious diseases. While unavailability of treatment of different diseases may hinder the growth of the market.
Asia Pacific Infectious Disease Diagnosis & Treatment Market - Key players
Abbott Laboratories (US), Becton Dickinson & Co. (US), Alere, Inc. (US), Bio-Rad Laboratories (US), Cipla (India), Danaher Corporation (US), Glaxosmithkline (UK), IPCA Laboratories (India), Pfizer (US), Roche Diagnostics (Switzerland), Johnson And Johnson (US), Novartis International (Switzerland), Siemens Healthcare (Germany), Thermo Fisher Scientific, Inc. (US), Vertex Pharmaceuticals (US) and others
Asia Pacific Infectious Disease Diagnosis & Treatment Market – Segmentation
Asia Pacific infectious disease diagnosis & treatment market is segmented on the basis of application into AIDS, Tuberculosis (TB), Hepatitis, HPV, and others. On the basis treatment it is segmented into Antibiotics, antivirals, antifungals, anti-parasitic, alternative medicine and others. On the basis of diagnostic techniques they are immunoassays, PCR, cell cultures and other and by end user the market is segmented as hospitals, clinics, reference labs and others
Asia Pacific Infectious Disease Diagnosis & Treatment Market - Regional Analysis
On regional basis, Asia Pacific infectious disease diagnosis & treatment market is segmented into Japan, China, India, Australia, Republic of Korea and Rest of Asia-Pacific. China commands the largest market for the infectious disease diagnosis & treatment due to continuous increasing prevalence of infectious diseases. India has second largest market after China.
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Some of Major Table of Contents for "Infectious Disease Diagnosis & Treatment Market Research Report- Asia Pacific Forecast to 2023"
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.2 Scope of the Study
2.2.1 Research Objective
Chapter 3. Research Methodology
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
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