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Cytomegalovirus Treatment Market - Growth, Trends, and Forecast (2020 - 2025)

  • ID: 4997574
  • Report
  • March 2020
  • Region: Global
  • 111 pages
  • Mordor Intelligence
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until Jun 30th 2020
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FEATURED COMPANIES

  • Chimerix
  • Clinigen Group plc
  • F. Hoffmann-La Roche Ltd
  • Fresenius Kabi Canada
  • Genentech, Inc.
  • Gilead Sciences
  • MORE
The global cytomegalovirus (CMV) treatment market studied was anticipated to grow with a CAGR of nearly 6.1% during the forecast period. Rising prevalence of CMV retinitis & congenital CMV infection, broaden the application range of CMV treatment, rising initiatives for creating awareness about treatments & diagnosis of these conditions, and increasing clinical trial studies for the development of new drugs are likely to be the factors responsible for the growth of this market. As per the Centers of Disease Control and Prevention, about one out of every 200 babies is born with congenital CMV infection. CMV infection in the neonate generates attenuated interferon response associated with a similar infection in the adult. Cytomegalovirus infection and risk of reactivation of cytomegalovirus infection have been reported during pregnancy. These can also lead to congenital CMV infection. Thus, rising disease burden is expected to boost the penetration rate of treatments.

In addition, increasing prevalence of viral infections among AIDS patients due to weakened immune systems is expected to drive the demand for cytomegalovirus drugs. For instance, according to data published by the CDC, around 36.7 million people were living with HIV infection in 2017. The wide availability of antiviral drugs to treat this ailment is expected to drive the demand for efficient treatment solutions.

Furthermore, the market is likely to witness the patent expiration of many drugs during the forecast period. The expiry of patents results in the availability of generic drugs, which have the same drug constitution as branded drugs but are available at a very low price. In addition, physicians also prescribe these drugs to patients as they are cost-effective. Furthermore, a positive reimbursement scenario that covers the diagnosis and treatments of targeted disorders is expected to propel the market growth.

However, adverse effects and risks related to cytomegalovirus drugs may hamper the demand for cytomegalovirus (CMV) treatment market.

Key Market Trends

Stem Cell Transplantation Held The Substantial Share In the Market and is Expected to Continue to Do the Same during the Forecast Period
  • The stem cell transplantation poised to benefit from the inclusion of new cell types, which in turn, provide substantial opportunities to companies to reinforce their market position. As a result, the number of companies involved in cell therapy development has increased tremendously over the past years.
  • Rising funding from the government as well as private organizations to support stem cell therapy clinical trials, introduction of effective guidelines for stem cell therapy manufacturing, and proven effectiveness of products are some of the primary growth stimulants for the market. In addition, declining prices of stem cell therapies are leading to increased inclination of buyers towards cell therapy.
  • Development of cell banking facilities and resultant expansion of production, storage, and characterization of cells are enhancing volumetric capabilities of the cytomegalovirus (CMV) treatment market at a global level.
  • Furthermore, regulatory bodies are engaged in providing support to innovators for the introduction of novel and effective solutions for patients as quickly as possible. Moreover, existing companies are working in collaboration with regulatory agencies in order to best fit into the regulatory model for cell therapies.
  • Healthcare practitioners are making significant use of stem cells derived from bone marrow or blood in transplant procedures for the treatment of patients with cancer, blood disorders, and immune-related disorders. Despite being slightly ethically as well as legally controversial, the segment is gaining significant attention from entities involved in various aspects of disease management.
  • In addition, congenital CMV infection segment is expected to witness a lucrative growth over the forecast period owing to increasing incidence of the disease in neonates developed during in the prenatal period. According to the CDC, it is the most common infectious ailment cause of birth defects in the United States. About 1 out of 5 babies with congenital CMV infection will have birth defects or other long-term health problems, such as hearing loss. These infection can be cured by antiviral medications, primarily valganciclovir, may improve hearing and developmental outcomes. This is also expected to contribute towards the segment growth.
North America Represents the Largest Market and Asia-Pacific is Expected to Register Fastest Growth.

North America is projected to hold the largest share in the global market throughout the forecast horizon. Strong regulatory framework for promoting cellular therapy development, high cost of treatment in the U.S., and presence of a raft of major biotechnology companies are promoting the growth of the regional market. The U.S. is estimated to be the leading revenue contributor in research as opposed to other countries owing to the exceptional research quality, extensive government funding, and increasing research in the area.

The Asia Pacific market is anticipated to experience the highest growth during the same period. Rising investments by developers and consumers in educating themselves for advanced medicinal therapies are expected to stimulate the growth of the market in emerging economies of this region. In addition, strong product pipelines in cell-based therapies and a large patient population is expected to accelerate revenue generation in the global market. Pricing of stem cell transplant varies from region to region. For instance, cost of transplantation in the U.S. is observed to be costlier than that in Germany or China. This would lead to higher revenue generation by reducing healthcare cost in the global market.

Competitive Landscape

The market is observed to be highly competitive owing to the presence of local as well as global players. The major players include companies such as F. Hoffmann-La Roche Ltd, Fresenius Kabi Canada, Genentech, Inc., Gilead Sciences, Merck & Co., Inc, Teva Canada Limited, Thermo Fisher Scientific.

Companies are undertaking efforts for the expansion of customer base, by promoting it to patients for usage in cytomegalovirus (CMV) infection and disease treatment. For example, MERCK & CO conducted “The Merck Access” Program for PREVYMIS drug insurance coverage for patients. Post this, the company began channelizing its strategies to increase the number of patients for its products in treatment procedures.

Reasons to Purchase this report:
  • The market estimate (ME) sheet in Excel format.
  • 3 months of analyst support.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Chimerix
  • Clinigen Group plc
  • F. Hoffmann-La Roche Ltd
  • Fresenius Kabi Canada
  • Genentech, Inc.
  • Gilead Sciences
  • MORE
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Growing Awareness and Introduction of New Drug Therapies
4.2.2 High Prevalence of Infectious Diseases Among AIDS Patient
4.2.3 Upsurge in Patient Pool of CMV Retinitis & Congenital CMV Infection
4.3 Market Restraints
4.3.1 Adverse Effects and Risks Related to Cytomegalovirus Drugs
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION
5.1 By Application
5.1.1 Stem Cell Transplantation
5.1.2 Organ Transplantation
5.1.3 Congenital CMV Infection
5.1.4 Others
5.2 By Distribution Channel
5.2.1 Hospital pharmacies
5.2.2 Retail Pharmacies
5.2.3 E-commerce
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Middle-East and Africa
5.3.4.1 GCC
5.3.4.2 South Africa
5.3.4.3 Rest of Middle-East and Africa
5.3.5 South America
5.3.5.1 Brazil
5.3.5.2 Argentina
5.3.5.3 Rest of South America

6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 Chimerix
6.1.2 Clinigen Group plc
6.1.3 F. Hoffmann-La Roche Ltd
6.1.4 Fresenius Kabi Canada
6.1.5 Genentech, Inc.
6.1.6 Gilead Sciences
6.1.7 Merck & Co., Inc
6.1.8 Mylan N.V
6.1.9 Teva Canada Limited
6.1.10 Thermo Fisher Scientific

7 MARKET OPPORTUNITIES AND FUTURE TRENDS
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  • Chimerix
  • Clinigen Group plc
  • F. Hoffmann-La Roche Ltd
  • Fresenius Kabi Canada
  • Genentech, Inc.
  • Gilead Sciences
  • Merck & Co., Inc
  • Mylan N.V
  • Teva Canada Limited
  • Thermo Fisher Scientific
Note: Product cover images may vary from those shown
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