The antiinfective medicine market in the UK has shown a steady increase from 2013 through 2023, with sales reaching 3.04 billion pounds Sterling in 2023. Analyzing the year-on-year data, there's a noticeable peak in growth between 2015 and 2017, followed by a slowdown. The market experienced a dip in 2022 but rebounded slightly in 2023 with a 2.55% increase. Over the last five years, the Compound Annual Growth Rate (CAGR) stands at 2.7%.
Forecasting future sales, the market is expected to grow more modestly from 2024 onwards, with a projected CAGR of 1.69% over the next five years, amounting to an overall growth rate of 8.75% by 2028.
Future trends to watch for:
- Potential impact of new drug approvals and innovations in the antiinfective sector.
- Changes in healthcare policies and potential effects of antibiotic resistance.
- Market adjustments due to global health crises and emerging infections.