Pseudomonas Aeruginosa Infection Treatment Market – Scope of the Report
TMR’S report on the pseudomonas aeruginosa infection treatment market studies the past as well as the current growth trends and opportunities, to gain valuable insights of the same indicators for the said market over the forecast period of 2019 to 2027. The report provides the overall market revenue of the pseudomonas aeruginosa infection treatment market for the 2017-2027 period, with 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the pseudomonas aeruginosa infection treatment market for the 2019-2027 forecast period.
The report is prepared after an extensive research. Primary research involved bulk of the research efforts, wherein, analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved reaching out to key players’ product literature, annual reports, press releases, and relevant documents to understand the pseudomonas aeruginosa infection treatment market.
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Pseudomonas Aeruginosa Infection Treatment Market – Vast Scope of Novel Treatment Approach Shows Way for Growth
The appearance of drug-resistant strains of pseudomonas aeruginosa, leading to high mortality rates, have led to a large number of new approaches for the treatment of the associated infection. So much so, infections due to pseudomonas aeruginosa are now considered a public health concern. Meanwhile, increasing antibacterial drug resistance has necessitated research and innovations in the antibacterial field, in general. According to statistics of the Centers for Disease Control and Prevention, in the U.S., each year, more than 2 million infections and 23,000 deaths are associated with bacterial drug resistance.
To address this issue, enormous research and innovation efforts are underway in the antibacterial field. In particular, for pseudomonas aeruginosa, the development of anti-infectives, new antibiotic formulations, and the antivirulence approach are some of the initiatives taken for the fight against the pathogen. Such needs have risen due to real concerns of hospital-acquired infections associated with pseudomonas aeruginosa, especially among critically-ill and immunocompromised patients.
This has prompted several studies to evaluate the factors for the drug resistance of pseudomonas aeruginosa, and potential consequences on mortality. Besides this, limitations of current therapies, potential for alternative drugs, and new therapeutic options for pseudomonas aeruginosa bode well for the pseudomonas aeruginosa treatment infection market. Transparency Market Research (TMR) has released a market study publication on the pseudomonas aeruginosa treatment infection market. According to the findings of TMR, the pseudomonas aeruginosa treatment infection market is predicted to expand at a notable ~6% CAGR over the forecast period of 2019 to 2027.
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Global Pseudomonas Aeruginosa Infection Treatment Market: Regional Segmentation
Geographically, the global pseudomonas aeruginosa infection treatment market has been segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
North America Pseudomonas Aeruginosa Infection Treatment Market
North America accounted for a significant share of the global pseudomonas aeruginosa infection treatment market in The region is anticipated to continue to dominate the global pseudomonas aeruginosa infection treatment market in the next few years. The presence of a large target population affected by pseudomonas aeruginosa infection and rise in awareness in the U.S. are the major factors for the dominance of the region.
According to a recent study, pseudomonas aeruginosa infection accounts for approximately 51,000 cases in the U.S. every year.
Europe Pseudomonas Aeruginosa Infection Treatment Market
Europe dominated the global pseudomonas aeruginosa infection treatment in 2018,due to the high prevalence of pseudomonas aeruginosa infections such as urinary tract infection, pneumonia, and other hospital-acquired infection. Additionally, major players focusing on the launch of new products for the treatment of pseudomonas aeruginosa infection, and the early availability of new products, fuel the growth of the pseudomonas aeruginosa infection treatment market in Europe.
The pseudomonas aeruginosa infection treatment market in the U.K. is likely to grow at a rapid pace during the forecast period, owing to the high prevalence of pseudomonas aeruginosa infection; around 5,000 people are affected with this disease in the U.K.
Asia Pacific Pseudomonas Aeruginosa Infection Treatment Market
- The Pseudomonas aeruginosa infection treatment market in Asia Pacific is projected to expand at a high CAGR during the forecast period. The presence of a large patient pool with nosocomial infections associated with P. aeruginosa in developing countries such as India and China, and increase in antibacterial resistance in developed countries in the region, are anticipated to propel the pseudomonas aeruginosa infection treatment market in the near future.
Global Pseudomonas Aeruginosa Infection Treatment Market: Major Players
- Key players operating in the global pseudomonas aeruginosa infection treatment market include
- Allergan plc,
- Teva Pharmaceutical Industries Ltd.,
- Pfizer, Inc.,
- Lupin Pharmaceuticals, Inc.,
- AstraZeneca, Merck & Co., Inc.,
- Bristol-Myers Squibb Co., and
- Janssen Pharmaceuticals, Inc.
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