Press release
Bacterial Pneumonia Market Size, Share, Industry, Forecast and Outlook (2024-2031)
DataM Intelligence
Global Bacterial Pneumonia Market Surges to US$ 2.7 Billion in 2022, Envisions Remarkable Growth to US$ 5.0 Billion by 2030
The recently released report on the global Bacterial Pneumonia market reveals a substantial growth trajectory, reaching US$ 2.7 billion in 2022 with a projected surge to US$ 5.0 billion by 2030. The market is poised to expand at a noteworthy CAGR of 8.1% during the forecast period from 2024 to 2031.
The key driving factors for this growth include an upswing in research activities fueled by technological advancements, an influx of antibiotics for bacterial pneumonia treatment, and the utilization of vaccines for both preventive measures in adults and pediatrics.
Moreover, the increasing availability of approved vaccines and drugs, coupled with a rise in bacterial pneumonia cases, is steering the market towards an upward trajectory. The research and development efforts in the field are further contributing to the expansion of the bacterial pneumonia market.
The North American region is witnessing a surge in demand for vaccines, attributed to advancements in the field. Notable market competitors such as Innoviva Inc., Pfizer Inc., Merck & Co., Inc., and Aridis Pharmaceuticals Inc. are actively contributing to the market's growth.
Market Scope
Metrics:
CAGR: 8.1%
Size Available for Years: 2021-2030
Forecast Period: 2024-2031
Data Availability: Value (US$)
Segments Covered:
Type
Route of Distribution Channel
Treatments
Distribution Channel
Regions Covered:
North America
Europe
Asia-Pacific
South America
Middle East & Africa
Fastest Growing Region: Asia-Pacific
Largest Region: North America
Report Insights Covered:
Competitive Landscape Analysis
Company Profile Analysis
Market Size, Share, Growth, Demand
Recent Developments
Mergers and Acquisitions
New Product Launches
Growth Strategies
Revenue Analysis
Porter's Analysis
Pricing Analysis
Regulatory Analysis
Supply-Chain Analysis
Other key Insights
To know more Insights Download Sample : https://www.datamintelligence.com/download-sample/bacterial-pneumonia-market
Market Dynamics
Growing Number of Novel Product Launches Drive the Growth of the Bacterial Pneumonia Market
The market is witnessing substantial growth, driven by positive safety and efficacy outcomes in clinical trials leading to novel product launches. An illustrative example is Cumberland's VIBATIV (telavancin) injectable, launched in Puerto Rico on March 14, 2022. The FDA-approved VIBATIV addresses severe infections caused by Gram-positive bacteria, positioning itself as a frontrunner in the market during the forecast period.
Rising Collaboration by Key Players or Several Organizations Creates Opportunities for the Growth of the Market
Key players and organizations are collaborating to develop novel products for antibiotic usage, fostering market expansion. A recent partnership between Melinta Therapeutics, LLC, and the Biomedical Advanced Research and Development Authority (BARDA) aims to advance FDA-approved antibiotics for adults, VABOMERE and BAXDELA, for pediatric use. This collaboration, supported by significant funding, signifies a strategic move towards enhancing treatments for bacterial pneumonia.
Side Effects Associated with the Treatments will hamper the growth of the market
While the market is poised for growth, concerns arise regarding treatment-associated side effects. Reports of hypersensitivity responses and severe skin reactions during clinical trials of VABOMERE raise caution. These side effects, including Clostridioides difficile-associated diarrhea (CDAD) and potential central nervous system reactions, may impede market expansion.
Segment Analysis
Global Bacterial Pneumonia Market is segmented based on:
Type
Treatments
Distribution Channel
Community-Acquired Pneumonia (CAP) from Type Segment Accounted for Approximately 68.2% of the Bacterial Pneumonia Market Share
The CAP category dominates the market share, fueled by the high prevalence of community-acquired pneumonia worldwide. CAP, a significant contributor to global mortality and morbidity, is caused by common bacterial infections, including Haemophilus influenzae, Moraxella catarrhalis, and Streptococcus pneumoniae. The segment's dominance is projected to persist due to the increasing incidence of bacterial pneumonia globally.
Geographical Share
North America Accounted for Approximately 37.1% of the Market Share in 2022, Owing to the Strong Presence of Major Players and Increasing Healthcare Infrastructure Investment
North America holds a substantial market share, attributed to major players' strong presence and ongoing investments in healthcare infrastructure. The region's economic growth, coupled with advancements in technology and research studies, propels the demand for bacterial pneumonia treatments. Collaborative research projects and continuous efforts in new product development contribute to North America's dominance on a global scale.
Market Players
Major global players in the bacterial pneumonia market include:
Innoviva Inc.
Pfizer Inc.
Merck & Co., Inc.
Melinta Therapeutics LLC
Evopoint Biosciences
Aridis Pharmaceuticals Inc.
Cumberland Pharmaceuticals Inc.
Eagle Pharmaceuticals, Inc.
Clarametyx Biosciences
Basilea Pharmaceutica Ltd
Related Reports:
maternal health market https://www.datamintelligence.com/research-report/maternal-health-market
hyperparathyroidism treatment market https://www.datamintelligence.com/research-report/hyperparathyroidism-treatment-market
herpes zoster oticus market https://www.datamintelligence.com/research-report/herpes-zoster-oticus-market
bacteremia market https://www.datamintelligence.com/research-report/bacteremia-market
cervical dystonia market https://www.datamintelligence.com/research-report/cervical-dystonia-market
fucosidosis treatment market https://www.datamintelligence.com/research-report/fucosidosis-treatment-market
Contact Us -
Company Name: DataM Intelligence
Email: info@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence 4Market Research is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Bacterial Pneumonia Market Size, Share, Industry, Forecast and Outlook (2024-2031) here
News-ID: 3401304 • Views: …
More Releases from DataM Intelligence 4Market Research
United States Tobacco Testing Market Set for Strong Growth Amid Rising Health Re …
Market Overview:
The Tobacco Testing Market is estimated to reach at a CAGR of 4% during the forecast period 2024-2031.
The Tobacco Testing Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Tobacco Testing market report is an essential resource for market…
United States Refractory Metals Market Set for Strong Growth Driven by High-Temp …
Market Overview:
The Refractory Metals Market is growing at a CAGR of 1.8% during the forecast period 2024-2031.
The Refractory Metals Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market participants to capitalize on these opportunities. Overall, the Refractory Metals market report is an essential resource for market participants who…
United States Alternative Proteins Market Set for Explosive Growth: Driving Sust …
Market Size and Growth:
The Global Alternative Proteins Market Size was valued at US$ 25.7 Billion in 2022 and is expected to reach USD 81.9 Billion by 2031, exhibiting a CAGR of 15.6% during the forecast period (2025-2032)
The Alternative Proteins Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth opportunities in the market and provides recommendations for market…
United States Meat Alternatives Market Surges as Consumers Embrace Plant-Based & …
Market Size and Growth:
The Global Meat Alternatives Market size value was USD 9.6 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 20.8 billion by 2031. The market is growing at a CAGR of 10.2% during the forecast period 2024-2031.
The Meat Alternatives Market report by DataM Intelligence provides insights into the latest trends and developments in the market. This report identifies the key growth…
More Releases for Data
Data Catalog Market: Serving Data Consumers
Data Catalog Market size was valued at US$ 801.10 Mn. in 2022 and the total revenue is expected to grow at a CAGR of 23.2% from 2023 to 2029, reaching nearly US$ 3451.16 Mn.
Data Catalog Market Report Scope and Research Methodology
The Data Catalog Market is poised to reach a valuation of US$ 3451.16 million by 2029. A data catalog serves as an organized inventory of an organization's data assets, leveraging…
Big Data Security: Increasing Data Volume and Data Velocity
Big data security is a term used to describe the security of data that is too large or complex to be managed using traditional security methods. Big data security is a growing concern for organizations as the amount of data generated continues to increase. There are a number of challenges associated with securing big data, including the need to store and process data in a secure manner, the need to…
HOW TO TRANSFORM BIG DATA TO SMART DATA USING DATA ENGINEERING?
We are at the cross-roads of a universe that is composed of actors, entities and use-cases; along with the associated data relationships across zillions of business scenarios. Organizations must derive the most out of data, and modern AI platforms can help businesses in this direction. These help ideally turn Big Data into plug-and-play pieces of information that are being widely known as Smart Data.
Specialized components backed up by AI and…
Test Data Management (TDM) Market - test data profiling, test data planning, tes …
The report categorizes the global Test Data Management (TDM) market by top players/brands, region, type, end user, market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
This report studies the global market size of Test Data Management (TDM) in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption…
Data Prep Market Report 2018: Segmentation by Platform (Self-Service Data Prep, …
Global Data Prep market research report provides company profile for Alteryx, Inc. (U.S.), Informatica (U.S.), International Business Corporation (U.S.), TIBCO Software, Inc. (U.S.), Microsoft Corporation (U.S.), SAS Institute (U.S.), Datawatch Corporation (U.S.), Tableau Software, Inc. (U.S.) and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY…
Long Term Data Retention Solutions Market - The Increasing Demand For Big Data W …
Data retention is a technique to store the database of the organization for the future. An organization may retain data for several different reasons. One of the reasons is to act in accordance with state and federal regulations, i.e. information that may be considered old or irrelevant for internal use may need to be retained to comply with the laws of a particular jurisdiction or industry. Another reason is to…
