A communicable disease is one that can be passed from person to person or animal to animal. These diseases are caused by pathogens including viruses, bacteria, and fungus. Vaccines are a powerful tool for preventing viral diseases. Antibiotics may be needed to treat a bacterial infections. These drugs can help kill bacteria or slow them down enough that the immune system can fight them off. Antifungal prescriptions and, in rare situations, intravenous medicine may be required for a severe or chronic fungal infection. Over-the-counter topical ointments can be used to treat various benign diseases such as ringworm and athlete's foot.
According to the World Health Organization (WHO), about 37.9 million people worldwide were infected with HIV in 2018. The majority of this prevalence is seen in poor and middle-income nations, with 66 percent of the population living in Sub-Saharan Africa. In 2016, around 6.3 million new cases of tuberculosis (TB) were reported, according to the WHO's 2017 Global Tuberculosis Report. As per the research, the new cases accounted for 61 percent of the anticipated 10.4 million cases of tuberculosis. Infectious agents such as fungi, viruses, bacteria, and parasites are the most common causes of communicable disorders.
Data Bridge Market Research analyses that the communicable diseases treatment market was valued at USD 28.1 billion in 2021 and is expected to reach USD 47.0 billion by 2029, registering a CAGR of 6.64% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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North America and Europe dominate the communicable diseases treatment market because of the rising healthcare expenditure and vulnerable AIDS population in this region. Additionally, the growing focus of major key players in research and development activities will further propel the market's growth rate.
Asia-Pacific is expected to be the fastest-growing region during the forecast period of 2022-2029 due to the growing number of patient populations and the large number of generic manufacturers in this region. Also, the development of healthcare infrastructure and rising government initiatives will further propel the market's growth rate in this region.
Some of the major players operating in the communicable diseases treatment market are:
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