Overview and Scope
Pseudomonas aeruginosa refers to a pseudomonad-family gram-negative aerobic rod bacteria. These can be found in both soil and water. The microorganism is clinically significant in diagnostic labs. Pseudomonas aeruginosa can spread through breathing equipment, disinfectants, sinks, and patient-to-patient transfer.
Sizing and Forecast
The pseudomonas aeruginosa infection treatment market size has grown strongly in recent years. It will grow from $2.28 billion in 2023 to $2.48 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The growth in the historic period can be attributed to rising incidence of nosocomial infections, growing antibiotic resistance concerns, increased healthcare expenditure, expansion of hospital and healthcare facilities, focus on early diagnosis and intervention..
The pseudomonas aeruginosa infection treatment market size is expected to see strong growth in the next few years. It will grow to $3.41 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%. The growth in the forecast period can be attributed to increased research on antimicrobial peptides, focus on therapeutic efficacy and safety, rise in cases of multidrug-resistant p. aeruginosa, patient-centric approaches in treatment development, regulatory incentives.. Major trends in the forecast period include combination therapies, advancements in drug delivery, point-of-care diagnostics, integration of genomic data in treatment strategies, global collaboration in antibiotic research..
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Segmentation & Regional Insights
The pseudomonas aeruginosa infection treatment market covered in this report is segmented –
1) By Medication: Monotherapy, Combination Therapy
2) By Drug Class: Aminoglycoside, Cephalosporin, Carbapenem, Monobactum, Other Drug Classess
3) By Route Of Administration: Nasal, Oral, Intravenous
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Europe was the largest region in the pseudomonas aeruginosa infection treatment market in 2023. North America is expected to be the fastest-growing region in the pseudomonas aeruginosa infection treatment market report during the forecast period. The regions covered in the pseudomonas aeruginosa infection treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing incidence of co-morbidities such as pneumonia, cystic fibrosis, urinary tract infection, and bloodstream infection is expected to propel the growth of the pseudomonas aeruginosa infection treatment market going forward. Comorbidity refers to any concurrent medical condition. Comorbidities are frequently chronic conditions that can affect either physical or mental health. For instance, in August 2022, according to an article published by the National Library of Medicine, a US-based biomedical library and the center of computational biology and biomedical informatics, the incidence rate of community-acquired pneumonia in the US is 24.8 instances per 10,000 adult population annually, with rates rising with advancing age. Pneumonia is the eighth most common cause of death and the leading infectious cause of death. Patients hospitalized in the intensive care unit have a death rate as high as 23%. Therefore, the increasing incidence of co-morbidities such as pneumonia, cystic fibrosis, urinary tract infection, and bloodstream infection is driving the growth of the pseudomonas aeruginosa infection treatment market.
Key Industry Players
Major companies operating in the pseudomonas aeruginosa infection treatment market are adopting a strategic partnership approach to profoundly alter the scenario of antibiotic accessibility for nations across the globe. Strategic partnerships refer to a process in which companies leverage each other’s strengths and resources to achieve mutual benefits and success. For instance, in June 2023, Shionogi & Co. Ltd., a Japan-based pharmaceutical company, and the Global Antibiotic Research and Development Partnership (GARDP), a Switzerland-based non-profit organization partnered with Clinton Health Access Initiative (CHAI), a US-based health organization. The partnership will grant availability to cefiderocol, an antibiotic designed for the treatment of severe Gram-negative bacterial infections that might exhibit resistance to alternative antibiotic therapies. Cefiderocol, recently included in the World Health Organization (WHO) Model List of Essential Medicines, specifically targets several Gram-negative pathogens prioritized by the WHO. Notably, this marks the inaugural licensing agreement for an antibiotic aimed at treating severe bacterial infections, forming a collaboration between a pharmaceutical company and a non-profit organization with a focus on public health priorities. Within the scope of this agreement, GARDP will oversee the manufacturing and commercialization of cefiderocol through sub-licensees in numerous countries, particularly those facing delays or limited access to newer antibiotics.
The pseudomonas aeruginosa infection treatment market report table of contents includes:
- Executive Summary
- Pseudomonas Aeruginosa Infection Treatment Market Characteristics
- Pseudomonas Aeruginosa Infection Treatment Market Trends And Strategies
- Pseudomonas Aeruginosa Infection Treatment Market – Macro Economic Scenario
- Global Pseudomonas Aeruginosa Infection Treatment Market Size and Growth
.
- Global Pseudomonas Aeruginosa Infection Treatment Market Competitive Benchmarking
- Global Pseudomonas Aeruginosa Infection Treatment Market Competitive Dashboard
- Key Mergers And Acquisitions In The Pseudomonas Aeruginosa Infection Treatment Market
- Pseudomonas Aeruginosa Infection Treatment Market Future Outlook and Potential Analysis
- Appendix
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