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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.
Report Attribute | Details |
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Base Year: | 2023 |
Acinetobacter Pneumonia Therapeutics Market Size in 2023: | USD 466.8 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 6.2% |
2024 – 2032 Value Projection: | USD 796.3 Million |
Historical Data for: | 2021-2023 |
No. of Pages: | 160 |
Tables, Charts & Figures: | 280 |
Segments covered: | Drug Class, Route of Administration, Age-group, Distribution Channel, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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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.