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Global Pseudomonas Aeruginosa Infection Treatment Market Size, Development, Share Analysis And Future Forecast To 2033
Global Pseudomonas Aeruginosa Infection Treatment Market
As per the report, the pseudomonas aeruginosa infection treatment market size has grown strongly in recent years. It will grow from $2.28 billion in 2023 to $2.48 billion in 2024 at a compound annual growth rate (CAGR) of 8.8%. The pseudomonas aeruginosa infection treatment market size is expected to see strong growth in the next few years. It will grow to $3.41 billion in 2028 at a compound annual growth rate (CAGR) of 8.3%.
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Pseudomonas Aeruginosa Infection Market Growth Driven By Rising Co-Morbidities
The increasing incidence of co-morbidities such as pneumonia, cystic fibrosis, urinary tract infection, and bloodstream infection is expected to propel the growth of the pseudomonas aeruginosa infection treatment market going forward. Comorbidity refers to any concurrent medical condition. Comorbidities are frequently chronic conditions that can affect either physical or mental health. For instance, in August 2022, according to an article published by the National Library of Medicine, a US-based biomedical library and the center of computational biology and biomedical informatics, the incidence rate of community-acquired pneumonia in the US is 24.8 instances per 10,000 adult population annually, with rates rising with advancing age. Pneumonia is the eighth most common cause of death and the leading infectious cause of death. Patients hospitalized in the intensive care unit have a death rate as high as 23%. Therefore, the increasing incidence of co-morbidities such as pneumonia, cystic fibrosis, urinary tract infection, and bloodstream infection is driving the growth of the pseudomonas aeruginosa infection treatment market.
Technological Advancements In The Pseudomonas Aeruginosa Infection Treatment Market
Technological advancements are the key trend gaining popularity in the pseudomonas aeruginosa infection treatment market. Major companies operating in the market are developing novel vaccines, biologics such as antimicrobial peptides and therapeutic antibodies, virulence inhibitors, antimicrobials with novel targets, antibody-drug conjugates, resistance inhibitor-antibiotic or antibiotic-potentiator combinations, and bacteriophages or phage-derived lysins to sustain their position in the market. For instance, in April 2021, Combating Antibiotic Resistant Bacteria Biopharmaceutical Accelerator, a US-based global non-profit organization that supports antimicrobial research, is funding Phico Therapeutics, a UK-based biotechnology company, to develop a unique intravenous-designed bacteriophage medication to treat ventilator-associated pneumonia brought on by Pseudomonas aeruginosa. With its revolutionary SASPject technology, Phico can precisely target the P. aeruginosa bacteria and inactivate their DNA, preventing them from proliferating and spreading. This is done by using engineered bacterial viruses (bacteriophages) in conjunction with antibacterial small acid-soluble spore proteins (SASPs).
The pseudomonas aeruginosa infection treatment market covered in this report is segmented -
1) By Medication: Monotherapy, Combination Therapy
2) By Drug Class: Aminoglycoside, Cephalosporin, Carbapenem, Monobactum, Other Drug Classess
3) By Route Of Administration: Nasal, Oral, Intravenous
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
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Major companies operating in the pseudomonas aeruginosa infection treatment market report are AbbVie Inc., Teva Pharmaceutical Industries Ltd., Merck & Co Inc., Janssen Pharmaceutica NV, Pfizer Inc., Lupin Limited, AstraZeneca plc, Bristol Myers Squibb Company, Gilead Sciences Inc., Novartis Pharmaceuticals Corporation, F. Hoffmann-La Roche AG, Bayer AG, Aradigm Corporation, AmpliPhi Biosciences Corporation, Humanigen Inc., Johnson & Johnson, Lupin Pharmaceuticals Inc., Baxter International Inc., Neopharma LLC, Sanofi SA, GlaxoSmithKline plc, Eli Lilly and Company, Astellas Pharma Inc., Mylan N.V., Sun Pharmaceutical Industries Ltd., Fresenius Kabi AG, Sandoz International GmbH, Dr. Reddy's Laboratories Ltd., Cipla Inc., Hikma Pharmaceuticals plc, Zydus Cadila Healthcare Limited, Wockhardt Ltd., Akorn Inc., Mayne Pharma Group Limited, Endo International plc, Glenmark Pharmaceuticals Ltd., Lannett Company Inc., Perrigo Company plc, Amneal Pharmaceuticals LLC, Apotex Inc., Athenex Inc., Bausch Health Companies Inc., Biocon Ltd., Cadila Healthcare Ltd. .
Contents of the report:
1. Executive Summary
2. Pseudomonas Aeruginosa Infection Treatment Market Report Structure
3. Pseudomonas Aeruginosa Infection Treatment Market Trends And Strategies
4. Pseudomonas Aeruginosa Infection Treatment Market - Macro Economic Scenario
5. Pseudomonas Aeruginosa Infection Treatment Market Size And Growth
…..
27. Pseudomonas Aeruginosa Infection Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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