Global Antibiotic Resistance Market study has market attractiveness analysis, wherein each segment is benchmarked based on its market size, growth rate, and general attractiveness. The industry report is based on the market type, organization size, availability on-premises and the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. It divulges the nature of demand for the firm’s product to know if the demand for the product is constant or seasonal. The info covered in Global Antibiotic Resistance Market report lends a hand to businesses know how patents, licensing agreements and other legal restrictions affect the manufacture and sale of the firm’s products.
The top notch Global Antibiotic Resistance Market report gives CAGR value fluctuation during the forecast period of 2021-2028 for the market. Important industry trends, market size, market share estimates are analysed and mentioned in the report. This report helps the firm in exploring new uses and new markets for its existing products and thereby, increasing the demand for its products. The market document provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. Report is comprehensive and opens a door of international market for the products.
Global antibiotic resistance market is growing at a substantial CAGR in the forecast period of 2019-2026. Increasing research and development expenses and high demand of novel therapies are some factors fueling the market growth.
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Key Market Players:
Few of the major competitors currently working in the global antibiotic resistance market are Achaogen, Inc, Nabriva Therapeutics plc, BioVersys AG, Johnson & Johnson Services, Inc, Destiny Pharma plc, Armata Pharmaceuticals, Inc, Westway Health, NEMESIS BIOSCIENCE LTD, Tetraphase Pharmaceuticals, The Medicines Company, ALLERGAN, Merck & Co., Inc., Pfizer Inc, CARB-X, MELINTA THERAPEUTICS, INC, , Novartis AG, Vertex Pharmaceuticals Incorporated, GlaxoSmithKline Plc, AbbVie Inc, F. Hoffmann-La Roche Ltd and others.
Global antibiotic resistance market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of global antibiotic resistance market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Market Definition: Global Antibiotic Resistance Market
Antibiotics are the medications that are widely used for the treatment of various types of infections. Antibiotics resistance develops when infections stop responding to the existing antibiotics. It becomes major health and economic challenges of global public health concern. It is potentially threaten to the effective treatment of the infectious infections.
According to the statistics published by Johnson & Johnson Services, Inc, antibiotics resistance was responsible for over 700,000 deaths every year worldwide including more than 50,000 in the U.S and the Europe. Increases of cases of prevalence rate, Advances in antibiotics and immunization and accelerate demanding of novel therapies are the drivers for market growth.
Global Antibiotic Resistance Market By Disease Type (Urinary Tract Infection, Intra-Abdominal Infections, Blood Stream Infections, Clostridium Difficile Infections and Others), Pathogen Type (Acinetobacter Baumannii, Pseudomonas Aeruginosa, Staphylococcus Aureus, Streptococcus Pneumoniae and Others) Drugs Class (Oxazolidinones, Lipoglycopeptides, Tetracyclines and Others), End- Users (Hospitals, Homecare, Specialty Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Increases of cases of prevalence rate of infectious diseases worldwide is act as drivers for market growth
- Advances in nutrition, antibiotics and immunization is accelerating the market growth
- Accelerate demanding of novel therapies is enhancing the market growth
- Prevalence of indoor as well as outdoor infections is propelling the market growth
- Effective treatment is either unavailable or unaffordable is restraining the market growth
- Patent expiry from many companies and introduction of generic drugs is expected to restrain the growth of the market.
- Lack of trained personnel and stringent safety regulations is hampering the market growth
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Key Developments in the Market:
In August 2019, Nabriva Therapeutics plc received approval from the FDA for Xenleta (lefamulin) a first-in-class semi-synthetic pleuromutilin antibiotic indicated as a first-line monotherapy for the treatment of community-acquired bacterial pneumonia (CABP) in adults. The FDA approval of Xenleta is significant milestones for the company to address the growing threat of antimicrobial resistance and provide efficient treatment options for patients with community-acquired bacterial pneumonia (CABP).
In May 2018, CARB-X entered into research collaboration with MELINTA THERAPEUTICS, INC to develop pyrrolocytosine, a new class of antibiotics for the treatment of drug-resistant bacterial infections. Under the terms of the deal, MELINTA THERAPEUTICS, INC received USD 2.3mm and is eligible to receive up to USD 3.9mm upon achievement of certain future milestones. The collaboration will immensely enhance development and innovative approaches to address the rising threat of drug resistance worldwide.
Reasons to Purchase this Report
- Current and future of global antibiotic resistance market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
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