UTI treatment Business Trends That Will Drive Success In 2023
The Global UTI treatment Market is growing with the rapid pace; mainly due the burgeoning Healthcare Sector. According to a recent study report published by the Market Research Future, The global UTI treatment Market is booming and expected to gain prominence over the forecast period.Global UTI treatment Market Information; by Drug Class (Quinolones, Aminoglycosides, β-lactam, Azoles and Others), by Clinical Indications (Urethritis, Cystitis, Pyelonephritis), by End User (Hospitals and Self-administered) - Forecast to 2023
Urinary tract infection (UTI treatment) is the infection of the lower or upper urinary tract due to bacteria such as Escherichia coli, Staphylococcus saprophyticus etc. The symptoms of UTI treatment are pain with urination, frequent urination and urination feeling despite having an empty bladder. The market driving factors for UTI treatment are female anatomy, sexual intercourse, diabetes, obesity etc. Due to the complications of female anatomy UTI treatment affects females more than males with the World Health Organization (WHO) estimating that approximately 50 % of women suffer from UTI treatment at some point of time in their lives resulting in more than 1 million hospitalizations per year. It has further been stated that 1% of boys and 3-8% of girls are diagnosed with UTI treatment and the annual cost of UTI treatment infections treatment to be greater than $1 billion.
The Global urinary tract infection (UTI treatment) drugs market is growing due to factors such as rise in hospital borne infections (nosocomial infections), child birth, old age, obesity, growing health awareness especially about women health etc.
However the fastest growth has been registered due to rising use of catheters (catheter associated UTI treatment).
The market constraints include growing drug resistance, unmet clinical needs, increasing incidence of chronic diseases resulting in chronic catheter use and low immunity etc.
Taking all these factors into consideration, the Global UTI treatment drugs market will approximately reach to $ 9.89 billion in 2023 from $ 8 billion in 2016 growing at a CAGR of 3.6%.
Segments:
The Global UTI treatment Market is segmented on the basis of drug class which comprises of quinolones, aminoglycosides, β-lactam, azoles and others. On the basis of clinical indications this market is segmented into urethritis, cystitis, and pyelonephritis. On the basis of end users the market is segmented into hospitals and self-administered.
Key players of Global UTI treatment Market:
Key players profiled in the report are Bayer AG, Novartis AG, Pfizer Inc., F. Hoffmann-La Roche Ltd, AstraZeneca, Cipla Inc., Dr. Reddy’s Laboratories Ltd., Johnson & Johnson GlaxoSmithKline and others.
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Study objectives:
To provide detail analysis of the market structure along with estimated future growth forecast for the next 6 years about various segments and sub-segments of the global UTI treatment market.
To provide insights about factors affecting the market growth.
To analyze the global UTI treatment market based on various factors - price analysis, supply chain analysis, Porters Five Force Analysis etc.
To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries - Americas, Europe, Asia-Pacific along with Middle East & Africa.
To provide country level analysis of the market with respect to the current market size and future growth prospect.
To provide country level analysis of the market’s segments which includes by drug class, clinical indications and by end user.
To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.
To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new product developments along with research and developments currently taking place in the global UTI treatment market.
Regional analysis
U.S. accounts for the largest market share of the global UTI treatment market followed by Europe. However Europe has a greater hospitalization rate than the U.S. despite the U.S. having a large spending on healthcare. The regulatory changes in the U.S. such as implementation of Affordable Care Act and Hospital Readmissions Reduction Program coupled with Medicare initiative to penalize unnecessary patient readmissions is expected to take a toll on the U.S UTI treatment market. Asia pacific will be the fastest growing market and the growth will be led by China, and India as these nations have huge population and the low cost of UTI treatment drugs.
Table of Content
Introduction
Research Methodology
Market Dynamics
Market Factor Analysis
Global UTI Drugs Market, By Drug Class
Global UTI Drugs Market, By Clinical Indications
Global UTI Drugs Market, By End User
Global UTI Drugs Market, By Country
Company Landscape
Company Profile
Conclusion
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: sales@marketresearchfuture.com
Wise Guy Reports is part of the Wise Guy Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe. Wise Guy Reports features an exhaustive list of market research reports from hundreds of publishers worldwide. We boast a database spanning virtually every market category and an even more comprehensive collection of market research reports under these categories and sub-categories.
Pune, India
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