Press release
Antimicrobial Resistance Market: Growth, Challenges, and Key Players in Focus
The global antimicrobial resistance market was valued at $4.6 billion in 2022, and is projected to reach $9.5 billion by 2032, registering a CAGR of 7.6% from 2023 to 2032.
Request Sample of the Report on:
https://www.alliedmarketresearch.com/request-sample/180698
Antimicrobial Resistance (AMR) Overview
Antimicrobial resistance (AMR) refers to microorganisms' ability to resist the effects of antimicrobial substances. Over time, microbes like bacteria, fungi, and viruses can develop this resistance. When they resist multiple drugs, it's termed multi-drug resistance or "superbug." If they resist almost all available antibiotics, it's known as pan-resistant bacteria.
Market Growth Determinants
The global AMR market is growing due to antibiotic overuse/misuse, increasing prevalence of AMR bacterial infections, and the rising burden of AMR. However, the shortage of innovative antibiotics hampers growth. Initiatives to address AMR globally offer growth opportunities.
Impact of 2023 Recession
The global recession impacted industries, including pharmaceuticals and biotechnology. Reduced funding led to fluctuations in novel antibiotic development and affected purchasing decisions for expensive medications, potentially slowing novel antibiotic adoption.
Market Segmentation:
Drug Class
Combination Therapies: Leading segment in 2022, driven by demand for combination antibiotics for AMR bacterial infections.
Others: Expected fastest CAGR of 8.3%, driven by pharmaceutical and biotech players introducing novel antibiotics.
Pathogen
Escherichia coli: Largest share in 2022, driven by multidrug resistance concerns.
Klebsiella pneumoniae: Anticipated fastest CAGR of 8.4%, responsible for various infections.
Indication
cUTI: Largest share in 2022, driven by increasing prevalence.
HABP and VABP: Expected highest CAGR of 8.7%, significant healthcare-associated infections with collaborative efforts for reduction.
Mechanism of Action
Cell Wall Synthesis Inhibitors: Dominated in 2022 and fastest-growing segment, focusing on inhibiting cell wall synthesis.
Regional Insights:
North America: Highest revenue share in 2022, due to a well-developed healthcare industry.
Asia-Pacific: Fastest growing, with an expected CAGR of 8.4% from 2023 to 2032, driven by population, rising healthcare expenditure, infectious disease burden, and developing healthcare infrastructure.
Key Market Players
Alkem Laboratories Ltd.
Pfizer Inc.
Acurx Pharmaceuticals, Inc.
Basilea Pharmaceutica Ltd
Cumberland Pharmaceuticals
Wockhardt Limited
Paratek Pharmaceuticals Inc
Nabriva Therapeutics Plc
Innoviva, Inc
Merck And Co., Inc.
These players use strategies like acquisitions, collaborations, product launches, and upgrades to increase market share and maintain dominance.
Connect to our analyst here or for procurement details visit this link: https://www.alliedmarketresearch.com/purchase-enquiry/180698
Comprehensive Healthcare Industry Research Studies:
Dental Mirror Handles Market https://www.alliedmarketresearch.com/dental-mirror-handles-market-A294521
Implantable Insulin Pump Market https://www.alliedmarketresearch.com/implantable-insulin-pump-market
Immune Checkpoint Inhibitor Market https://www.alliedmarketresearch.com/immune-check-point-inhibitors-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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 Antimicrobial Resistance Market: Growth, Challenges, and Key Players in Focus here
News-ID: 3466909 • Views: …
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collect…
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growth…
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil …
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strict…
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of …
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise in…
More Releases for AMR
The 73rd AMR China International Auto Parts Exhibition
Exhibition Introduction
With the further recovery of the economy, consumer confidence has been boosted and gradually restored. China's automobile industry has shown strong resilience in the ever-changing market environment and ushered in an important period of opportunity for transformation, upgrading and high-quality development.
As a highly influential automotive aftermarket industry event in northern China, especially in the Beijing-Tianjin-Hebei region, the AMR China International Automotive Maintenance, Inspection and Diagnosis Equipment, Parts and Beauty…
Yeast Ingredients Market Booming $6.6Bn by 2032 | AMR
According to a new report published by Allied Market Research, titled, "Yeast Ingredients Market," The yeast ingredients market was valued at $2.9 billion in 2022, and is estimated to reach $6.6 billion by 2032, growing at a CAGR of 8.8% from 2023 to 2032.
𝐀𝐜𝐜𝐞𝐬𝐬 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲: https://www.alliedmarketresearch.com/request-sample/A323211
Yeast ingredients find extensive applications across diverse sectors including food & beverage, pharmaceuticals, and animal feed owing to their multifaceted properties. Despite…
Sustainability LIVE Dubai: Amr Kandil, Schneider Electric
Amr Kandil, MEA Director of Real Estate segment and New Energy Landscape at Schneider Electric to speak at Sustainability LIVE Dubai - 15 May 2024
Connecting the world's sustainability leaders, Sustainability LIVE will be returning in 2024 to bring the biggest global businesses together to deliver insightful keynotes, fireside chats, and panel discussions sharing valuable knowledge and real-world experiences.
The ultimate virtual event for sustainability and ESG leaders in the Middle East…
AGV & AMR in Logistics Market Automated Guided Vehicles (AGV) and Autonomous Mob …
The Report on "AGV & AMR in Logistics Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of AGV & AMR in Logistics Market: The AGV & AMR in Logistics market is experiencing robust growth driven by the increasing need for automated and efficient material handling in logistics and warehousing. Market…
The Growing Importance of the Cephalosporin Market | By AMR
Allied Market Research recently said Cephalosporins are a group of antibiotics that have been widely used in the medical industry for over 50 years. They were first discovered in 1945 by Dr. Giuseppe Brotzu, an Italian scientist, and were initially used to treat staphylococcal infections. Today, cephalosporins are used to treat a wide range of bacterial infections and are considered one of the most important classes of antibiotics.
♦ 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞…
UGV Adoptions boost Global Autonomous Mobile Robots (AMR) Market
Inkwood Research expects the Global Autonomous Mobile Robots (AMR) Market to surge with a 21.31% CAGR during the forecast years between 2022 and 2030, generating $14473.73 million in revenue by 2030.
Browse 45 market Data Tables and 43 Figures spread over 224 Pages, along with an in-depth analysis of the Global Autonomous Mobile Robots (AMR) Market by Robot Type, End-User, & Geography.
This insightful market research report by Inkwood Research focuses on…
