Acinetobacter Pneumonia Therapeutics Market – By Drug Class (Cephalosporins, Carbapenem, Fluoroquinolone, Glycylcycline, β-Lactam Antibiotics), Route of Administration (Parenteral, Oral), Age-group, Distribution Channel – Global Forecast 2024 – 2032
Report ID: GMI10900
|
Published Date: August 2024
|
Report Format: PDF
Download free sample
Get a free sample of Acinetobacter Pneumonia Therapeutics Market
Get a free sample of Acinetobacter Pneumonia Therapeutics Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Buy Now
$4,123 $4,850
15% off
$4,280 $5,350
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2023
Companies covered: 9
Tables & Figures: 280
Countries covered: 22
Pages: 160
Download Free Sample
Acinetobacter Pneumonia Therapeutics Market Size
Acinetobacter Pneumonia Therapeutics Market size was valued at USD 466.8 million in 2023 and is anticipated to grow at a CAGR of 6.2% between 2024 and 2032. The growth of the market is driven by the increasing prevalence of multidrug-resistant (MDR) strains of Acinetobacter baumannii, a pathogen associated with severe hospital-acquired infections, particularly in immunocompromised patients.
For instance, in 2017 alone, carbapenem-resistant Acinetobacter baumannii (CRAB) infections resulted in USD 281 million in healthcare costs, 8,500 hospitalizations, and 700 deaths in the U.S., highlighting the urgent need for innovative treatments and research. The rising incidence of these infections, especially in intensive care units (ICUs), has heightened the demand for effective treatment options, thereby boosting the market.
Additionally, growing awareness of the significant morbidity and mortality associated with Acinetobacter pneumonia has led to increased investment in the research and development of novel antibiotics and other therapeutic agents specifically targeting MDR strains. This has further propelled the market, with pharmaceutical companies actively seeking to address unmet medical needs in this area.
Acinetobacter pneumonia therapeutics refers to the market for drugs and treatments specifically designed to combat pneumonia caused by Acinetobacter species, particularly Acinetobacter baumannii. This type of pneumonia is a severe lung infection often associated with hospital settings and can be resistant to multiple antibiotics, making treatment challenging.
Acinetobacter Pneumonia Therapeutics Market Trends
Acinetobacter Pneumonia Therapeutics Market Analysis
Based on the drug class, the market is categorized into cephalosporins, carbapenem, fluoroquinolone, glycylcycline, β-lactam antibiotics, sulbactam, aminoglycoside, polymyxins, tetracycline, sulfonamide, and other drug classes. The cephalosporins segment dominated the market with USD 70.7 million in 2023.
Based on route of administration, the acinetobacter pneumonia therapeutics market is segmented into parenteral, oral, and inhalation. The parenteral segment dominated the market holding the highest market share of 73.1% in 2023.
Based on the age-group, the acinetobacter pneumonia therapeutics market is segmented into geriatric, adult, and pediatric. The geriatric segment dominated the market in 2023 and is anticipated to witness growth at a CAGR of 6.1% between 2024 - 2032.
Based on the distribution channel, the Acinetobacter pneumonia therapeutics market is segmented into hospital pharmacies, retail pharmacies, and online pharmacies. The hospital pharmacies segment dominated the market in 2023 and is anticipated to reach USD 444.1 million by 2032.
North America Acinetobacter pneumonia therapeutics market was valued at USD 224.7 million in 2023 and is expected to witness growth at a CAGR of 6% between 2024 – 2032.
U.S. Acinetobacter pneumonia therapeutics market was valued at USD 202 million in 2023.
Europe Acinetobacter pneumonia therapeutics market held a market share of 6.4% in 2023.
Germany stands out in the Acinetobacter pneumonia therapeutics market due to its robust healthcare system and high investment in medical research.
The Asia Pacific region is anticipated to witness significant growth at a CAGR of 6.6% over the forecast period.
Acinetobacter Pneumonia Therapeutics Market Share
The competitive landscape in the market is characterized by a diverse array of pharmaceutical companies and biotechnology firms focused on developing effective treatments for this challenging infection. Major players include both established global pharmaceutical companies and emerging biotech firms, each striving to innovate with novel antibiotics and combination therapies. Key strategies among competitors include investing in research and development, forming strategic partnerships, and leveraging advancements in technology to overcome resistance mechanisms. The dynamic nature of this market reflects ongoing efforts to address a critical unmet medical need and respond to the evolving landscape of antibiotic resistance.
Acinetobacter Pneumonia Therapeutics Market Companies
Few of the prominent players operating in Acinetobacter pneumonia therapeutics industry include:
Acinetobacter Pneumonia Therapeutics Market News:
The Acinetobacter pneumonia therapeutics market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 – 2032 for the following segments:
Click here to Buy Section of this Report
Market, By Drug Class
Market, By Route of Administration
Market, By Age-group
Market, By Distribution Channel
The above information is provided for the following regions and countries: