Nontuberculous Mycobacterial Infections Market 2024-2028
The nontuberculous mycobacterial infections market is forecasted to grow by USD 4.33 bn during 2023-2028, accelerating at a CAGR of 5.66% during the forecast period. The report on the nontuberculous mycobacterial infections market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing prevalence of NTM globally, rising geriatric population, and increasing awareness and diagnosis of NTM infections.
Technavio's nontuberculous mycobacterial infections market is segmented as below:By Distribution ChannelHospital pharmacies
Retail pharmacies
Online pharmacies
By ProductClarithromycin
Azithromycin
Rifampin
Rifabutin
Others
By GeographyNorth America
Europe
Asia
Rest of World (ROW)
This study identifies the growing adoption of precision medicine for treatment of ntm infections as one of the prime reasons driving the nontuberculous mycobacterial infections market growth during the next few years. Also, rise of novel drug delivery systems and growing focus on combination therapies will lead to sizable demand in the market.
The report on the nontuberculous mycobacterial infections market covers the following areas:Nontuberculous mycobacterial infections market sizing
Nontuberculous mycobacterial infections market forecast
Nontuberculous mycobacterial infections market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading nontuberculous mycobacterial infections market vendors that include Abbott Laboratories, Astellas Pharma Inc., Cipla Ltd., Dr Reddys Laboratories Ltd., Glenmark Pharmaceuticals Ltd., Hikma Pharmaceuticals Plc, Insmed Inc., Johnson and Johnson, Lupin Ltd., Merck and Co. Inc., Pace Biotech, Pfizer Inc., QIAGEN NV, Sanofi SA, Sun Pharmaceutical Industries Ltd., Teva Pharmaceutical Industries Ltd., Viatris Inc., and Zydus Lifesciences Ltd.. Also, the nontuberculous mycobacterial infections market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.