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Multidrug Resistant Bacteria Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Pfizer Inc., Johnson And Johnson Private Limited, F. Hoffmann-La Roche Ltd., Merck And Co. Inc., Bayer AG
Multidrug Resistant Bacteria Market Size
The Business Research Company offers in-depth market insights through Multidrug Resistant Bacteria Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The multidrug resistant bacteria market size has grown strongly in recent years. It will grow from $11.86 billion in 2023 to $12.61 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The growth in the historic period can be attributed to antibiotic resistance crisis, advancements in drug discovery, regulatory incentives, public health initiatives.
The multidrug resistant bacteria market size is expected to see strong growth in the next few years. It will grow to $16.22 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%. The growth in the forecast period can be attributed to antibiotic stewardship programs, global spread of resistance, phage therapy and alternative treatments, public and private investment. Major trends in the forecast period include precision medicine for infectious diseases, combination therapies, continuous surveillance and monitoring, global collaboration.
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Market Segmentation:
The main types of diseases caused by multidrug-resistant bacteria are urinary tract infections, intra-abdominal infections, bloodstream infections, clostridium difficile infections, acute bacterial skin and skin structure infections, hospital-acquired bacterial pneumonia and others. A urinary tract infection refers to an infection that affects any part of the urinary system, which includes the kidneys, bladder and ureters. These diseases can be treated by various drugs, such as oxyazolidinones, lipoglycopeptides, tetracyclines, cephalosporins, combination therapies and others by administering through oral, parenteral and others. The different end-users includes hospitals, specialty clinics, homecare and others.
Major Driver - Surging Prevalence Of Infectious Diseases Accelerates Growth In Multidrug-Resistant Bacteria Market
The increasing prevalence of infectious diseases is expected to propel the growth of the multidrug-resistant bacteria market going forward. Infectious diseases refer to illnesses brought on by harmful microorganisms, such as bacteria, viruses, fungi, or parasites. Multidrug-resistant bacteria are closely associated with infectious diseases due to their ability to cause infections that are difficult to treat using conventional antibiotics. These bacteria have developed resistance to multiple antibiotics, making them less susceptible to the medications commonly used to combat bacterial infections. For instance, in July 2022, according to data released by the Australian Institute of Health and Welfare (AIHW), an Australia-based government agency, the number of notifiable infectious diseases in Australia increased from 289,013 in 2020 to 701,820 in 2021. Therefore, the increasing prevalence of infectious diseases will drive the multidrug-resistant bacteria market.
Competitive Landscape:
Major players in the multidrug resistant bacteria market are Pfizer Inc., Johnson And Johnson Private Limited, F. Hoffmann-La Roche Ltd., Merck And Co. Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, GlaxoSmithKline PLC, Eli Lilly and Company, Boehringer Ingelheim International GmbH, Gilead Sciences Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Dr. Reddy's Laboratories Ltd., Lupin Pharmaceuticals Inc., BioMarin Pharmaceuticals Inc., Zydus Lifesciences Limited, Glenmark Pharmaceuticals Ltd., Sun Pharmaceutical Industries Ltd., Alkem Laboratories, Wockhardt Ltd., Basilea Pharmaceutica Ltd., Paratek Pharmaceuticals Inc., Theravance Biopharma Inc., Melinta Therapeutics Inc., Armata Pharmaceuticals Inc., Tetraphase Pharmaceuticals Inc.
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Top Trend -
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Multidrug Resistant Bacteria Market Characteristics
3. Multidrug Resistant Bacteria Market Trends And Strategies
4. Multidrug Resistant Bacteria Market - Macro Economic Scenario
5. Multidrug Resistant Bacteria Market Size And Growth
…..
27. Multidrug Resistant Bacteria Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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