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Catheter-Related Bloodstream Infection (CRBSI) Drugs Market Size, Share, Growth, Forecast and Outlook (2024-2031)

04-01-2024 12:17 PM CET | Health & Medicine

Press release from: DataM Intelligence 4Market Research

DataM Intelligence

DataM Intelligence

Global Catheter-Related Bloodstream Infection (CRBSI) Drugs Market to Witness Substantial Growth by 2031

The global market for Catheter-Related Bloodstream Infection (CRBSI) drugs has shown remarkable growth in recent years, reaching US$ million in 2022. According to the latest industry analysis, this market is projected to surge to US$ million by 2031, with a robust Compound Annual Growth Rate (CAGR) of during the forecast period spanning 2024 to 2031.

CRBSI is a severe and potentially life-threatening condition caused by various microorganisms entering the bloodstream through catheters, such as intravenous (IV) lines or central venous catheters. These infections pose a significant risk within healthcare facilities and can lead to complications, including sepsis.

The primary treatment for CRBSI involves administering antibiotics to target specific pathogens responsible for the infection, such as vancomycin, cefazolin, or other agents depending on the identified bacteria and their susceptibility to antibiotics. Timely diagnosis and treatment are crucial to minimize potential complications and risks associated with CRBSI.

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Market Dynamics: Drivers and Restraints

The market growth is primarily fueled by the increasing prevalence of catheter-related bloodstream infections (CRBSI). According to a 2021 publication from the National Center for Biotechnology Information, CRBSI remains a significant clinical challenge in hospitals, evolving due to changes in the population at risk and the spectrum of available pathogens, alongside increased use of broad-spectrum antibiotics.

Additionally, data from the National Nosocomial Infections Surveillance (NNIS) system of the Centers for Disease Control and Prevention (CDC) highlight the median rate of Central Line-Associated Bloodstream Infection (CRBSI) in intensive care units (ICUs), underlining the substantial demand for effective treatments.

However, the market faces challenges due to the increasing prevalence of antibiotic-resistant strains of bacteria, lack of awareness among the general public about CRBSI and its treatment options, and limited research and development of drugs.

Segment Analysis

The global CRBSI drugs market is segmented based on causative organisms, drug class, route of administration, distribution channel, and region. Antibiotics, which play a pivotal role in managing CRBSI, accounted for approximately 45.4% of the market share.

Antibiotics offer several advantages in treating CRBSI, including effectiveness in targeting responsible microorganisms, alleviating clinical symptoms, and facilitating intravenous administration for rapid and reliable drug delivery.

Geographical Analysis

North America emerged as a dominant market player, accounting for approximately XX% of the market share in 2022. The region's leadership is attributed to factors such as increasing product launches, growing FDA approvals, clinical trials of drugs, and the presence of key players.

For instance, pharmaceutical companies like Hikma Pharmaceuticals PLC, Baxter International Inc., and Citius Pharmaceuticals, Inc. have launched innovative products and made significant progress in clinical trials, contributing to North America's market dominance.

COVID-19 Impact Analysis

The COVID-19 pandemic has moderately impacted the CRBSI drugs market. While the heightened focus on infection prevention and control has bolstered the importance of CRBSI drugs, the pandemic also led to a decrease in catheter placements and related procedures initially.

Nevertheless, challenges in managing COVID-19 patients have increased the incidence of CRBSI, presenting both positive and negative effects on the market.

Competitive Landscape

Key players in the global CRBSI drugs market include Hikma Pharmaceuticals PLC, Zhejiang Novus Pharmaceuticals Co., Ltd., Pfizer, Inc., SteriMax, Baxter, Fresenius Kabi USA, Merck & Co., Inc., Xellia Pharmaceuticals, AdvaCare Pharma, and Avet Pharmaceuticals Inc., among others.

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