Hospital Acquired Pneumonia Treatment Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

The global hospital acquired pneumonia treatment market is estimated to value over US$ 1.5 billion with a CAGR of 3% during the forecast period, 2019 to 2026
In the recent past, the public healthcare system is facing a difficult challenge in the form of Hospital Acquired Pneumonia (HAP). It is a type of pneumonia when a person is hospitalized for more than 48 hours. In pneumonia, the lungs are conditioned to an inflammatory state which affects alveoli which are microscopic air sacs. One of the primary reasons that patients acquire HAP is by bacteria, viruses and some other organisms. The distinguishing factor is the manner in which the infection is acquired. Another reason for acquiring HAP is the rise in the geriatric population across the world due to which the hospital stays become lengthy increasing the chances of getting acquired by pneumonia. The HAP is prevalent among patients who are immunocompromised and who have undergone surgery. It is also found primarily among newborn babies as they are highly probable of acquiring nosocomial pneumonia due to Respiratory Syncytial Virus (RSV). The overall occurrence of HAP in the U.S is around 1.6% i.e. 3.63 per 1000 patients. There is an ever-increasing demand for HAP drugs because of an unhealthy environment in hospitals along with a poor hospital infrastructure in developing economies. Due to the presence of a large number of vendors, the overall HAP drug market is pretty much splintered.  Very few vendors are in favour of adopting pricing strategies that will increase the market competition. Companies are likely to embrace high investment strategies to adopt newer research and development programs, advanced technologies, acquisitions and mergers to strengthen their market position. 

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Insights on Global HAP Treatment Market:
1.    By Region
•    North America
•    Europe
•    Asia Pacific
•    Latin America
•    Rest of the world
North America and Europe dominate the global HAP treatment market. Out of the two, North America is the most dominant and the major shareholder is the U.S due to a well-established and highly advanced healthcare system and it is expected that they will perform the same during the forecast period. The market in the European region is primarily dominated by UK, France, Germany and Italy. The most promising market space for manufacturers in today’s time is the Asia Pacific due to very high prevalence. Along with that, positive changes in healthcare policies will lead to robust market growth in the Asia Pacific. Rest of the world and Latin America are also fast-growing markets due to changing healthcare policies and an increasing incidence.
2.    By End User
•    Hospitals
•    Retail pharmacies
Hospital segment effortlessly dominated the global HAP treatment market and is likely to do so during the forecast period and the primary reasons are better infrastructural facilities as compared to retail pharmacies who have a limited infrastructure which hampers their market growth. 
3.    By Drug Type
•    Tazobactam
•    Cefepime
•    Levofloxacin
•    Imipenem
•    Meropenem

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Competitive Landscape:
•    GlaxoSmithKline
•    Merck Inc.
•    Pfizer Inc.
•    Bayer Healthcare
•    Novartis Inc.
•    Sun pharmaceutical
•    Teva pharmaceutical
Pfizer has data from a phase 3 clinical trial which shows how effective is their antibiotic Zavicefta and such positive results will help them gain a significant amount of market during the forecast period. Bayer Healthcare has partnered with Cubist pharmaceutical Inc. and co-developed Sivextro which is an antibiotic for HAP treatment and this partnership will be crucial for increasing their market share during the forecast period and in turn strengthen their market position. 
FutureWise Key Takeaways:
•    Growth prospects
•    SWOT analysis 
•    Key trends 
•    Key data-points affecting market growth 

Objectives of the Study:
•    To provide with an exhaustive analysis on the global hospital acquired pneumonia treatment market by region, by end user, by drug type
•    To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
•    To evaluate and forecast micro-markets and the overall market 
•    To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and rest of the world
•    To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
•    Profiling of companies to evaluate their market shares, strategies, financials and core competencies 
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Company Name: FutureWise Research
Contact Person:  Vinay Thaploo
Email: sales@futurewiseresearch.com
Phone: +44 141 628 9353 / +1 970 279 4295
City:  Leeds
Country:  United Kingdom
Website: www.futurewiseresearch.com

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This release was published on openPR.