Press release
The Changing Face of Antibacterial Therapeutic Market to supremely Growing in the World by 2023
Antibacterial drugs inhibit bacterial growth for the prevention and treatment of bacterial infections. Antibacterial antibiotics represent the most notable part of antibiotic therapy. The global antibacterial therapeutic market has experienced a great growth in the last decades due to the increase in the use of antibiotics in the treatment of bacterial infections. However, the misuse or excessive use of antibiotics has caused the emergence of resistant strains of bacteria. This represents the need of the market not satisfied with an innovative antibacterial therapy, since the increased number of infections that are complicated to treat is an important threat to public health.The global antibacterial therapeutic market is segmented on the basis of drug class, drug mechanism, route of administration and geography. According to drug type, the market is segmented into; Penicillins, Cephalosporins, Quinolone, Aminoglycosides, Monobactams, Carbapenems, Macrolides and Others. On the basis of drug mechanism the market is segmented into; Cell Wall Synthesis Inhibitors, Protein Synthesis Inhibitors, Nucleic Acid Inhibitors, Folic Acid synthesis inhibitors and Mycolic Acid synthesis inhibitors.
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It is expected that important factors, such as increased research and investment in development and a large group of patients, feed the growth of the market. Other factors that promote the global antibacterial therapeutic market are: increase in the incidence of infectious diseases, high prevalence of acquired infections in the hospital, increase awareness of diseases, public and private initiatives to promote the reasonable use of antibiotics , improve the regulatory framework, the large population in emerging economies with a committed health environment and the growing number of geriatric population. However, the ambiguous reimbursement scenario and the limited accessibility of drugs in emerging economies can restrict the growth of the market.
KEY MARKET BENEFITS:
• Comprehensive analysis of factors that drive and restrict the growth of the global antibacterial therapeutic market is provided
• The report provides a comprehensive analysis of the current market and estimations through 20142020, which would enable the stakeholders to capitalize on prevailing market opportunities
• An in-depth analysis of key segments of the market demonstrate the types of Drug Classes along with along with drug mechanisms and routes of administration in the global antibacterial therapeutic market
• SWOT analysis enables to study the internal environment of the leading companies for strategy formulation
• Region-wise antibacterial therapeutic market scenario is comprehensively analysed in the report
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The market is also segmented on the basis of route of administration into oral, topical and parenteral. Geographically, the market is segmented across four regions namely North America, Europe, Asia Pacific, and LAMEA. New product approval is the key strategy adopted by top industry players. For instance, FDA has recently approved Dalvance, an intravenous antibacterial drug intended for the treatment of skin infections caused by Staphylococcus aureus. Similarly in Dec 2014, Cubist Pharmaceuticals, received the FDA approval for Zerbaxa, a combination of ceftolozan and tazobactam antibacterial drugs intended for use in intra-abdominal and urinary tract infections.
Top key players :
• Abbott Laboratories
• Daiichi Sankyo Company Limited
• Pfizer Inc.
• Takeda Pharmaceutical Company Ltd
• Eli Lilly and Company
• Novartis AG
• Sanofi S.A.
• AstraZeneca plc
• Bayer AG
• Merck & Co. Inc.
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