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The Tuberculosis therapeutics industry is competitive in nature, with various large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel therapeutics with improved efficiency and cost-effectiveness are key market strategies for Tuberculosis therapeutics, drugs manufacturers, driving competition and innovation in the industry. This emphasis on innovation aims to address evolving clinical needs and enhance patient outcomes, positioning companies to gain market share and meet the growing demand for novel Tuberculosis therapeutics.
Some of the eminent market participants operating in the Tuberculosis therapeutics industry include:
The global tuberculosis therapeutics market size was valued at USD 2 billion in 2023 and is estimated to grow at 4.1% CAGR from 2024 to 2032, driven by the rising prevalence of Tuberculosis.
The active tuberculosis (TB) therapeutics segment of the market held 88.8% share in 2023 and will expand rapidly through 2032, as it requires immediate and effective treatment to prevent the spread of the disease.
North America tuberculosis therapeutics market size was USD 642.6 million in 2023 and is predicted to witness substantial market growth through 2032, driven by robust public health programs and initiatives by government agencies.
Lupin, Macleods Pharmaceuticals Ltd, Mylan N.V, Otsuka Pharmaceutical Co., Ltd, Pfizer Inc, and Sanofi, among others.