Methicillin-resistant Staphylococcus Aureus (MRSA) Drugs Market Is Booming Worldwide 2021-2028 | Merck & Co., Inc., Pfizer Inc., AbbVie Inc., Teva Pharmaceutical Industries Ltd

Drivers

During the forecast period, the global methicillin-resistant staphylococcus aureus (MRSA) drugs market is projected to rise due to an increase in the number of pipeline products for MRSA medicines. Destiny Pharma obtained an experimental new medication application from the FDA in 2018 for their novel candidate, XF-73, a dicationic porphyrin molecule-based nostril gel to treat methicillin-resistant staphylococcus aureus infections after surgery (MRSA).

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Antibiotic-resistant forms of the staphylococcus pathogen produce methicillin-resistant staphylococcus aureus (MRSA) infection. The bacteria Methicillin-resistant staphylococcus aureus (MRSA) involves inflammation in many areas of the body. Several variants of staphylococcus aureus are harder to cure since they are superior to common antibiotics, but they can be treated using drugs that are used to kill or restrict methicillin-resistant staphylococcus aureus infection.

Impact of COVID-19 Pandemic

The COVID-19 pandemic has impacted a variety of businesses throughout the world. The forced quarantine, as well as a shortage of labor and raw resources, have seriously interrupted the supply of critical goods. The transfer of raw materials across regions is impossible due to the lack of a seamless connectivity across the local warehouse. The global methicillin-resistant staphylococcus aureus (MRSA) drugs market has been impacted by the lack of raw ingredients and components. Until the end of 2020, quarantine, travel restrictions, and social distancing measures are anticipated to result in a sharp drop in corporate and consumer expenditure. Furthermore, as the incidence of COVID-19 grows, major companies in the global methicillin-resistant staphylococcus aureus (MRSA) drugs market are concentrating on the research and development of innovative products to support and counteract COVID-19's effects.

Browse 26 Market Data Tables and 29 Figures spread through 206 Pages and in-depth TOC on “Methicillin-Resistant Staphylococcus Aureus (MRSA) Drugs”- Global Forecast to 2027, by Drug Class (Tetracycline, Lipoglycopeptides & Glycopeptides, Cephalosporin, Lipopeptides, and Oxazolidinones), by Distribution Channel (Online Pharmacies, Hospital Pharmacies, and Retail Pharmacies), and by Region (North America, Asia Pacific, Latin America, Europe, Middle East, and Africa).

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In addition, product clearances and debuts for the treating of methicillin-resistant staphylococcus aureus (MRSA) are projected to enhance the global methicillin-resistant staphylococcus aureus (MRSA) drugs market. Melinta Therapeutics, Inc. introduced intravenous and oral versions of Baxdela (delafloxacin) in January 2018 for the treatment of adult patients with methicillin-resistant staphylococcus aureus-caused acute bacterial skin and skin structure infections (ABSSSI)

Key Takeaways

Due to growing approval and launches of innovative medicines for the treatment of MRSA infections, the global methicillin-resistant staphylococcus aureus (MRSA) drugs market is anticipated to grow at a CAGR of 4.4 percent over the forecast period. Cardiome Pharma Corp. released Xydalba in Sweden, Finland, and the Republic of Ireland in October 2017. The European Medicines Agency (EMA) has authorized Xydalba for the cure of staphylococcus-related acute bacterial skin and skin structure infections (ABSSSIs) in adults.

Since new glycopeptide and lipoglycopeptide medications are often approved by regulatory bodies in important areas, the glycopeptides and lipoglycopeptides sector is expected to retain a dominating position in the global methicillin-resistant staphylococcus aureus (MRSA) drugs market in 2020.

In terms of access route, the global methicillin-resistant staphylococcus aureus (MRSA) drugs market was dominated by hospital pharmacies in 2019. The increased proportion of asthma and MRSA in important countries including North America and Europe is projected to increase hospital visits for treatment, boosting the hospital pharmacy segment's growth.

Due to rising medical awareness about therapeutics and advanced treatment options, favorable reimbursement scenarios, growing healthcare expenditure, and regular authorizations and releases of new drugs in the market, North America is expected to have the largest market share in global methicillin-resistant staphylococcus aureus (MRSA) drugs in 2020. The Centers for Disease Control and Prevention (CDC) and the US Department of Health and Human Services are collaborating with medical centers to reach the objectives set forth in the 2013 National Action Plan to Prevent Healthcare-Associated Infections, which include reducing MRSA-related bloodstream infections by 50% by 2020 compared to the 2015 baseline.

Major companies contributing in the global methicillin-resistant staphylococcus aureus (MRSA) drugs market are Melinta Therapeutics, Inc., Nabriva Therapeutics Plc., Teva Pharmaceutical Industries Ltd., Pfizer Inc., Merck & Co., Inc., Basilea Pharmaceutica Ltd., Innovation Pharmaceuticals Inc., AbbVie Inc., Debiopharm International SA., Paratek Pharmaceuticals, Inc., and Cumberland Pharmaceuticals Inc.

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