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Acinetobacter Pneumonia Therapeutics Market Size

  • Report ID: GMI10900
  • Published Date: Aug 2024
  • Report Format: PDF

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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global Acinetobacter pneumonia therapeutics industry was valued at USD 466.8 million in 2023 and is anticipated to register 6.2% CAGR between 2024 and 2032, driven by the increasing prevalence of multidrug-resistant (MDR) strains of Acinetobacter baumannii.

The cephalosporins segment in the market held USD 70.7 million in 2023 due to their broad-spectrum activity and effectiveness in treating infections caused by Acinetobacter species.

North America Acinetobacter pneumonia therapeutics market was valued at USD 224.7 million in 2023, driven by advanced healthcare infrastructure and high prevalence of hospital-acquired infections.

AstraZeneca PLC, Basilea Pharmaceutica Ltd., Bayer AG, GlaxoSmithKline plc, Johnson & Johnson, Merck & Co., Inc., Novartis AG, Pfizer Inc., and Sanofi S.A.

Acinetobacter Pneumonia Therapeutics Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 280
  • Countries covered: 22
  • Pages: 160
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