Market Trends of Global Anti-tuberculosis Therapeutics Industry
This section covers the major market trends shaping the Anti-tuberculosis Therapeutics Market according to our research experts:
Isoniazid Segment Expects to Register a High CAGR in the Anti-tuberculosis Therapeutics Market Over the Forecast Period
Isoniazid, also known as an isonicotinic acid hydrazide, is an antibiotic used for the treatment of tuberculosis. It inhibits InhA, the enoyl reductase from Mycobacterium tuberculosis, by forming a covalent adduct with the NAD cofactor.
The isoniazid segment is expected to witness significant growth in the anti-tuberculosis therapeutics market over the forecast period owing to the factors such as the rising prevalence of tuberculosis and the adoption of isoniazid as a treatment for tuberculosis and the rising company activities in conducting clinical trials. For instance, according to an article published by the American Journal of Respiratory and Critical Care Medicine, in June 2020, titled 'High-Dose First-Line Treatment Regimen for Recurrent Rifampicin-Susceptible Tuberculosis', it has been observed that the high dose isoniazid has an early bactericidal activity for Mycobacterium tuberculosis (MTB) strains with inhA mutations. In addition, as per the same source, for individuals with isolated inhA mutations and rifampicin-resistant tuberculosis (TB), high-dose isoniazid is a helpful addition to second-line TB therapy regimens. This is expected to increase the growth of the segment, thereby propelling the market growth over the forecast period.
Also, in February 2021, five African countries, namely Ethiopia, Ghana, Kenya, Mozambique, and Zimbabwe, have piloted a new short-short course tuberculosis treatment regime, a fixed dose-combination of rifapentine and isoniazid, that helps in reducing the pills burden from nine to three pills a week for adults. Thus, the increasing adoption of isoniazid in combination with other drugs for treating tuberculosis is expected to fuel the segment growth over the forecast period.
Therefore, the due to aforementioned factors the studied market is expected to increase over the forecast period.
North America Dominates the Market and Expects to do Same Over the Forecast Period
North America is expected to dominate the tuberculosis therapeutics market owing to the factors such as the rising number of tuberculosis cases in the region, the presence of well-established healthcare infrastructure, and high healthcare spending.
The rising incidence of tuberculosis in the region is the key factor driving the market growth. For instance, according to the Centers for Disease Control and Prevention's National Tuberculosis Surveillance System (NTSS), a total of 7,860 tuberculosis cases were reported in the 50 United States and the District of Columbia (DC), in 2021. The national incidence of reported tuberculosis cases (cases per 100,000 people) increased by 9.4% in 2021 (2.37) as compared to 2020. In addition, as per the same source, the increase in tuberculosis cases among the population in 2021 was due to the delayed diagnosis of cases in persons with symptom onset during 2020. Also, as per the same source, in 2021, some of the countries with the highest number of tuberculosis cases were California (1,750), Texas (991), Florida (499), Pennsylvania (166), Ohio (149), and Arizona (129). Thus, the growing burden of tuberculosis among the population is expected to raise the demand for effective drugs which is expected to increase the market growth over the forecast period.
In addition, the rising healthcare spending in the region is expected to increase the company's activities for developing effective and safe drugs, thereby propelling the market growth. For instance, according to the Organization for Economic Co-operation and Development (OECD), 2022, United States healthcare spending, as percent share of GDP, in 2021 was around 17.8%. Additionally, as per the data published by the Centers for Medicare & Medicaid Services (CMS), in March 2022, titled 'CMS Office of the Actuary Releases 2021-2030 Projections of National Health Expenditures', it has been observed that the annual growth in national health spending is expected to average 5.1% over 2021-2030. In addition, the National Health Spending in 2020 was USD 4.1 trillion and it is projected to reach USD 6.8 trillion by 2030.
Therefore, the due to aforementioned factors the studied market is expected to increase over the forecast period.
