Methicillin-Resistant Staphylococcus Aureus (MRSA) Drugs Market - Global Industry Insights, Trends, Outlook and Opportunity Analysis 2017-2025
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Methicillin-resistant Staphylococcus Aureus (MRSA) Drugs Market – Driver
Increasing number of pipeline products for the treatment of methicillin resistance staphylococcus aureus infection is expected to fuel growth of the Methicillin-Resistant Staphylococcus Aureus (MRSA) drug market during the forecast period. For instance, in 2014, Cubist Pharmaceuticals Inc., received US FDA approval for its new antibiotic, Sivextro, available in both the forms – injection as well as oral, to treat skin infection caused by gram positive bacteria including MRSA. Moreover, new route of administration are experimented by market players to treat MRSA infection. For instance, in 2018, Destiny Pharma received investigational new drug application from FDA for its new candidate, XF-73, a dicationic porphyrin molecule based nasal gel, to combat with post-surgical infections of methicillin-resistant Staphylococcus aureus (MRSA). These increasing number of product approvals is expected to aid in growth of the MRSA drugs market over the forecast period.
Moreover, funding programs by healthcare organization will also propel drug discovery and development program, in turn leading to growth of the MRSA drug market. For instance, in 2017, Cystic Fibrosis Foundation Therapeutics (CFFT)—a non-profit drug discovery and development arm of Cystic Fibrosis Foundation—awarded US$ 5 million to Savara Inc., a clinical-stage specialty pharmaceutical company, for the development of AeroVanc, vancomycin hydrochloride inhalation powder, intended to treat MRSA lung infection in individual with cystic fibrosis.
Methicillin-resistant Staphylococcus Aureus (MRSA) Drugs Market – Restraint
Growth of the methicillin-resistant staphylococcus aureus (MRSA) drugs market is expected to be hampered by growing bacterial resistance. Further patent expiration of currently existing drugs will lead to large revenue losses to key players due to introduction of low cost generic drugs. Declining patient burden further restrains growth of the methicillin-resistant staphylococcus aureus (MRSA) drugs market. According to Centers for Disease Control and Prevention (CDC) studies, hospital associated MRSA infection has declined up to 54% between 2005 and 2011. This can be attributed to increasing awareness for personal and public hygiene.
Methicillin-resistant Staphylococcus Aureus (MRSA) Drugs Market - Regional Analysis
Geographically, global methicillin-resistant staphylococcus aureus (MRSA) drugs market is segmented into North America, Latin America, Europe, Middle East, Asia Pacific, and Africa. North America holds dominant position in methicillin-resistant staphylococcus aureus (MRSA) drugs market, owing to increasing research and development studies by key market players to come up with new drug. For instance, in 2016, Allergan plc received US FDA approval for Dalance in injectable form for acute bacterial skin and skin structure infections (ABSSSI) caused by methicillin-resistant Staphylococcus aureus (MRSA). Asia Pacific is expected to witness fastest growth over the forecast period. This is due to larger patient pool and increasing market player’s strategies to expand their geographical reach in this region. For instance, in 2017, Basilea Pharmaceutica Ltd. entered into licensed agreement with Shenzhen China Resources Gosun Pharmaceutical Co., Ltd. for geographical expansion of Basilea's antibiotic Zevtera, broad spectrum anti-bacterial, which can address MRSA, in China, Hong Kong, and Macao.
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Methicillin-resistant Staphylococcus Aureus (MRSA) Drugs Market – Competitor
Key market player in methicillin-resistant staphylococcus aureus (MRSA) drugs market are Basilea Pharmaceutica Ltd., Cubist Pharmaceuticals Inc., Melinta Therapeutics, Inc., Theravance Biopharma, Allergan, Merck & Co., Xellia Pharmaceuticals ApS (owned by Novo Holdings A/S), King Pharmaceuticals Inc. (a wholly owned subsidiary of Pfizer), and PF Prism C.V. Players in the market are focusing inorganic growth strategies in order to enhance its market share and remain competitive in the market. For instance, in 2017, Melinta Therapeutics, Inc., acquired the infectious disease business from The Medicines Company. The acquisition includes three marketed products, one of which is Orbactiv, an injectable MRSA drug.
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