Press release
Antibiotic Resistance Market Growth Opportunities by 2026 with Leading Players like Achaogen, Inc, Nabriva Therapeutics plc, BioVersys AG, Johnson & Johnson Services, Inc, Destiny Pharma plc, Armata Pharmaceuticals, Inc
Antibiotic Resistance Market
antibiotic resistance market is growing at a substantial CAGR in the forecast period of 2019-2026. Increasing research and development expenses and high demand of novel therapies are some factors fueling the market growth. Few of the major competitors currently working in the global antibiotic resistance market are Achaogen, Inc, Nabriva Therapeutics plc, BioVersys AG, Johnson & Johnson Services, Inc, Destiny Pharma plc, Armata Pharmaceuticals, Inc, Westway Health, NEMESIS BIOSCIENCE LTD, Tetraphase Pharmaceuticals, The Medicines Company, ALLERGAN, Merck & Co., Inc., Pfizer Inc, CARB-X, MELINTA THERAPEUTICS, INC, , Novartis AG, Vertex Pharmaceuticals Incorporated, GlaxoSmithKline Plc, AbbVie Inc, F. Hoffmann-La Roche Ltd and others.
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Competitive Analysis:
Global antibiotic resistance market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global antibiotic resistance market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Antibiotic Resistance Market
Antibiotics are the medications that are widely used for the treatment of various types of infections. Antibiotics resistance develops when infections stop responding to the existing antibiotics. It becomes major health and economic challenges of global public health concern. It is potentially threaten to the effective treatment of the infectious infections.
According to the statistics published by Johnson & Johnson Services, Inc, antibiotics resistance was responsible for over 700,000 deaths every year worldwide including more than 50,000 in the U.S and the Europe. Increases of cases of prevalence rate, Advances in antibiotics and immunization and accelerate demanding of novel therapies are the drivers for market growth.
Market Drivers
Increases of cases of prevalence rate of infectious diseases worldwide is act as drivers for market growth
Advances in nutrition, antibiotics and immunization is accelerating the market growth
Accelerate demanding of novel therapies is enhancing the market growth
Prevalence of indoor as well as outdoor infections is propelling the market growth
Market Restraints
Effective treatment is either unavailable or unaffordable is restraining the market growth
Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth of the market.
Lack of trained personnel and stringent safety regulations is hampering the market growth
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Segmentation: Global Antibiotic Resistance Market
By Disease Type
Urinary Tract Infection
Intra-Abdominal Infections
Blood Stream Infections
Clostridium Difficile Infections
Others
By Pathogen Type
Acinetobacter Baumannii
Pseudomonas Aeruginosa
Staphylococcus Aureus
Streptococcus Pneumoniae
Others
By Drugs Class
Oxazolidinones
Lipoglycopeptides
Tetracyclines
Others
By End Users
Hospitals
Homecare
Specialty Clinics
Others
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Market:
In August 2019, Nabriva Therapeutics plc received approval from the FDA for Xenleta (lefamulin) a first-in-class semi-synthetic pleuromutilin antibiotic indicated as a first-line monotherapy for the treatment of community-acquired bacterial pneumonia (CABP) in adults. The FDA approval of Xenleta is significant milestones for the company to address the growing threat of antimicrobial resistance and provide efficient treatment options for patients with community-acquired bacterial pneumonia (CABP).
In May 2018, CARB-X entered into research collaboration with MELINTA THERAPEUTICS, INC to develop pyrrolocytosine, a new class of antibiotics for the treatment of drug-resistant bacterial infections. Under the terms of the deal, MELINTA THERAPEUTICS, INC received USD 2.3mm and is eligible to receive up to USD 3.9mm upon achievement of certain future milestones. The collaboration will immensely enhance development and innovative approaches to address the rising threat of drug resistance worldwide.
Reasons to Purchase this Report
Current and future of global antibiotic resistance market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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