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Pseudomonas Aeruginosa Treatment Market Size

  • Report ID: GMI10073
  • Published Date: Jul 2024
  • Report Format: PDF

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Pseudomonas Aeruginosa Treatment Market Size

Pseudomonas Aeruginosa Treatment Market size was valued at USD 1.9 billion in 2023 and is anticipated to witness growth at a CAGR of 5.8% between 2024 and 2032. Increasing prevalence of hospital-acquired infections, where P. aeruginosa is a common pathogen, significantly fuels demand for effective treatments.

 

Pseudomonas Aeruginosa Treatment Market

For instance, as per the Centers for Disease Control and Prevention (CDC) estimates, HAIs account for an estimated 1.7 million infections and 99,000 associated deaths each year in American hospitals. Such high load of cases increases the demand for effective treatments, thereby propelling the market growth.
 

Additionally, rise in chronic diseases such as cystic fibrosis and diabetes, which predispose patients to pseudomonas aeruginosa infections, further fuels market growth. Moreover, increasing research and development investments by pharmaceutical companies and supportive government initiatives aimed at combating antimicrobial resistance are expected to propel the market forward. Furthermore, enhanced diagnostic capabilities, including rapid molecular diagnostics, that enable earlier detection further enhances the market growth.
 

Pseudomonas aeruginosa treatment refers to the medical management and therapeutic interventions aimed at addressing infections caused by the bacterium Pseudomonas aeruginosa. This bacterium is a common pathogen that can cause a variety of infections, particularly in individuals with weakened immune systems, such as those with cystic fibrosis, burns, or who are hospitalized.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Pseudomonas aeruginosa treatment industry size was USD 1.9 billion in 2023 and will grow at 5.8% CAGR between 2024 and 2032, driven by increasing incidence of infections caused by this bacterium, particularly in hospital settings.

The combination therapy segment will record USD 1.1 billion by 2032, attributed to its enhanced efficacy in combating antibiotic-resistant strains.

North America pseudomonas aeruginosa treatment industry size will achieve USD 1 billion by 2032, fueled by the advanced healthcare infrastructure and significant investment in research and development.

AbbVie Inc., AstraZeneca PLC, Bristol Myers Squibb Company, Baxter International Inc., Lupin Pharmaceuticals Inc., Merck & Co. Inc., Neopharma, Novartis AG, Pfizer Inc., Sanofi SA, Shionogi & Co., Ltd., and Teva Pharmaceutical Industries Ltd.

Pseudomonas Aeruginosa Treatment Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 389
  • Countries covered: 22
  • Pages: 225
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