Dual Therapy Gaining Traction as Gonorrhea Therapeutics of Choice, Accounting for Around 90% Demand

Quest for FDA Approval to Make Gonorrhea Therapeutics Landscape Highly Competitive Globally

In its latest study on the gonorrhea therapeutics market, Fact.MR provides insights into factors propelling the demand across key segments in terms of drug type, route of administration, and therapy type. The report also sheds light on latest trends and opportunities shaping the growth of the gonorrhea therapeutics market for the assessment period 2019-2029

Fact.MR – A Market Research and Competitive Intelligence Provider: As per the survey conduction by Fact.MR, the global gonorrhea therapeutics market is expected to reach US$ 970 million by 2019. Increasing demand for novel therapeutics such as third-generation cephalosporin and macrolide antibiotics for the treatment of gonorrhea is anticipated to drive the market at a CAGR of 4% between 2019 and 2029.

The market is primarily driven by the increasing incidence of sexually transmitted diseases (STDs) such as gonorrhea, syphilis, HIV-AIDS, and hepatitis B among others, globally. According to a study by the World Health Organization (WHO), nearly 376 million new infections are registered around the world every year, out of which 1 in 4 STIs is gonorrhea, syphilis, chlamydia, and trichomoniasis. This has necessitated research into novel therapeutics.

Increasing number of campaigns, missions, and programs launched by governments of various nations are expected to facilitate market growth. For instance, as per a report by the National AIDS Control Organization, the Government of India has launched programs such as the National Reproductive and Child Health and National AIDS Control Programme (NACP) to spread awareness regarding STIs and curb their incidence across the country. Such initiatives are projected to drive the growth of the market.

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Fact.MR has projected the dual therapy to dominate the therapy type segment. As the therapy offers a combination of the two most effective antibiotics, azithromycin, and ceftriaxone, it is highly sought-after for the treatment of gonorrhea.

“Government funding to various healthcare organizations for the development of advanced drug-resistant gonorrhea treatments is expected to favor the growth of the market,” says a Fact.MR analyst.

Key Takeaways from the Gonorrhea Therapeutics Market Study

  • The U.S. is anticipated to lead the market in North America owing to the increasing acceptance of novel therapeutics for gonorrhea in the country.
  • The U.K. and Germany are forecast to collectively account for the largest revenue share in the Europe market, on the back of the implementation of favorable reimbursement policies.
  • India is forecast to emerge as a highly lucrative market in Asia Pacific due to the high prevalence of gonorrhea and rising number of awareness programs launched by the government.
  • In terms of drug type, Azithromycin is estimated to dominate the market, accounting for nearly 50% of the overall sales in 2019.
  • Based on therapy type, dual therapy is projected to emerge as the most remunerative segment, contributing around 90% of the total revenue in the global market.

Key Drivers

  • Introduction of novel diagnostic modalities such as nucleic acid amplification tests (NAATs) and expansion of medical infrastructure across developing countries such as China and India are driving growth in Asia Pacific.
  • Low cost of gonorrhea therapeutics and increasing research and development (R&D) on renewed antibiotic drugs are estimated to facilitating growth in the market.

Key Restraints

  • Emergence of new antibiotic-resistant strains is declining the effectiveness of the drug against the bacterium, which is in turn hampering the sales of gonorrhea therapeutics.
  • Lack of awareness and poor social acceptance of patients who have contracted the infection due to social stigma are posing a challenge for the gonorrhea therapeutics market.

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Competitive Landscape

Leading players operating in the global gonorrhea therapeutics market are focusing on product launches and getting approved by international organizations to expand their portfolio. Other companies are engaging in strategic collaboration, agreement, partnership, and acquisition to strengthen their global footprint. For instance,

  • In July 2017, Entasis Therapeutics a clinical-stage biopharmaceutical company announced collaboration with the Global Antibiotic Research & Development Partnership (GARDP) to co-develop a novel drug named, Zoliflodacin. The product launched is aimed to expand its product portfolio in treating drug-resistant gonorrhea.

Some of the key players in the market profiled by Fact.MR are:

  • GlaxoSmithKline plc.
  • Merck & Co., Inc.
  • Pfizer Inc
  • AstraZeneca
  • Hologic, Inc.
  • Danaher
  • Abbott
  • Becton Dickinson and Company
  • F. Hoffmann-La Roche Ltd.
  • Entasis Therapeutics
  • Lupin Pharmaceuticals, Inc
  • Allergan, Inc.

More Valuable Insights on Gonorrhea Therapeutics Market

Fact.MR, in its new report, offers an unbiased analysis of the global gonorrhea therapeutics market, analyzing statistics through 2019 and beyond. The survey reveals growth projections on gonorrhea therapeutics market with detailed segmentation:

By Drug Type

  • Macrolide Antibiotics (Azithromycin)
  • Third-Generation Cephalosporin
  • Tetracycline Antibiotics (Doxycycline)
  • Aminoglycoside (Gentamicin)
  • Aminocyclitol (Spectinomycin)

By Route of Administration

  • Oral
  • Intra Mascular

By Therapy Type

  • Mono Therapy
  • Dual Therapy

 

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

 

Key Questions Covered in the Gonorrhea Therapeutics Market Report 

  • The market survey also highlights projected sales growth of the gonorrhea therapeutics market between 2019 and 2029
  • The report offers insight into gonorrhea therapeutics demand outlook for 2019-2029
  • Gonorrhea therapeutics market share analysis of the key companies within the industry and coverage of strategies such as mergers & acquisitions, collaborations or partnerships, and others 
  • Gonorrhea therapeutics market analysis identifies key growth drivers, restraints, and other forces impacting prevailing trends and evaluation of current market size and forecast and technological advancements within the industry 

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Source: Fact.MR

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