Press release
Pseudomonas Aeruginosa Infection Treatment Market Poised for Robust Growth, projected to Reach US$ 2.5 Billion by 2031
The global pseudomonas aeruginosa infection treatment market is on the cusp of significant growth, with a valuation of US$ 1.3 billion in 2021 and an estimated compound annual growth rate (CAGR) of 6.6% from 2022 to 2031. Analysts anticipate the market to reach US$ 2.5 billion by the end of 2031. The surge in prevalence of pseudomonas aeruginosa infections, particularly in healthcare settings, is a key driver for the market expansion. The impact of the COVID-19 pandemic, with an increased incidence of pseudomonas aeruginosa infections in patients undergoing treatment, has further contributed to the market's growth.Pseudomonas aeruginosa is a bacterial strain known for causing infections, particularly after surgeries, affecting various parts of the body, including blood, lungs, and more. The global pseudomonas aeruginosa infection treatment market is witnessing significant growth due to the rising prevalence of these infections, increased awareness, expansion strategies adoption, and a robust pipeline of therapeutic options in clinical trials.
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Combination Therapy Demand:
Combination therapy, comprising around 74% of the global pseudomonas aeruginosa infection treatment market, is gaining prominence due to increased drug resistance in monotherapy.
Combining different medications helps enhance compliance, synergy, efficacy, and reduces side-effects and costs, driving the demand for combination therapy.
Focus on Cephalosporin Drugs:
Cephalosporin drugs, holding a major share of around 40%, are seeing continued growth due to the focus of major pharmaceutical companies on developing new classes of cephalosporins for P. aeruginosa infections.
The launch of new cephalosporin drugs, especially the fifth-generation, is expected to further boost this segment.
Intravenous Administration Preference:
Intravenous administration, constituting around 40% of the market, is preferred by physicians due to its high accuracy in dosing, rapid onset of action, and immediate systemic circulation of the administered dose.
This preference is expected to sustain the growth of the intravenous segment during the forecast period.
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Hospital Pharmacies Dominance:
Hospital pharmacies held a major share of around 46% in 2021, driven by an increase in multi-specialty hospitals in developing countries and the adoption of new products.
Well-developed infrastructure and the growth of new products contribute to the dominance of hospital pharmacies in the distribution channel.
Regional Outlook:
Europe:
• Europe accounted for around 31% of the global market in 2021 and is expected to maintain a leading share due to an increase in patients suffering from pseudomonas aeruginosa infections in the region.
• North America:
• North America held around 30% of the market in 2021, driven by factors such as an aging population, a highly structured healthcare industry, and well-defined reimbursement policies from public and private health insurance firms.
• Middle East & Africa and Latin America:
• While the Middle East & Africa held a larger share, Latin America is expected to grow at a higher rate, signaling potential opportunities in these regions.
Analysis of Key Players in Global Pseudomonas Aeruginosa Infection Treatment Market:
ALLERGAN, Teva Pharmaceutical Industries Ltd., Pfizer Inc., Lupin Pharmaceuticals, Inc., AstraZeneca, Merck & Co., Inc., Bristol-Myers Squibb Co. and Janssen Pharmaceuticals, Inc.
Market Segmentation
• Medication Type
• Monotherapy
• Combination Therapy
Drug Type
• Aminoglycoside
• Cephalosporin
• Carbapenem
• Monobactam
• Others
Route of Administration
• Nasal
• Oral
• Intravenous
Distribution Channel
• Hospital Pharmacies
• Retail Pharmacies
• Online Pharmacies
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