Pseudomonas Aeruginosa Infection Treatment Market Size, Analysis and Forecast up to 2027April 9, 2021
Transparency Market Research (TMR) has published a new report on the pseudomonas aeruginosa infection treatment market for the forecast period of 2019–2027. According to the report, the global pseudomonas aeruginosa infection treatment market was valued at ~US$ 1 Bn in 2018, and is projected to expand at a CAGR of ~6% from 2019 to 2027.
Pseudomonas Aeruginosa Infection Treatment Market: Overview
The global pseudomonas aeruginosa infection treatment market is anticipated to be driven by rapidly growing antibacterial resistance, increase in incidences of nosocomial infections associated with P. aeruginosa, need for new broad-spectrum agents, and rich product pipeline of pseudomonas aeruginosa infection treatments.
Europe captured a major share of the global pseudomonas aeruginosa infection treatment market in 2018, due to the presence of a large population with this type of infection, increase in incidences of various types of hospital-acquired infections caused by P. aeruginosa, and rapid adoption of technologically-advanced products.
The pseudomonas aeruginosa infection treatment market in Asia Pacific is expected to expand at a high CAGR of ~7% from 2019 to 2027 due to rise in awareness, adoption of expansion strategies, and robust pipeline of new therapeutics in clinical trials.
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Increase in Incidences of Nosocomial Infections Associated with P. Aeruginosa to Propel Market
Rise in the prevalence of nosocomial infections associated with P. aeruginosa, such as pneumonia, urinary tract infection, cystic fibrosis, blood stream infection, and others, are likely to augment the global pseudomonas aeruginosa infection treatment market during the forecast period.
Increase in incidences of bacterial infections i.e., pseudomonas aeruginosa infections, in intensive care with no effective treatment is projected to drive the demand for newer pseudomonas aeruginosa infection treatment drugs.
According to Centers for Disease Control and Prevention (CDC) estimates, around 51,000 healthcare-associated P. aeruginosa infections occur in the U.S. each year. More than 6,000 (13%) of these are multidrug-resistant, with roughly 400 deaths per year attributed to these infections.
Cephalosporin Drug Class to be Prominent
In terms of drug class, the global pseudomonas aeruginosa infection treatment market has been classified into aminoglycoside, cephalosporin, carbapenem, monobactam, and others
The cephalosporin segment dominated the global pseudomonas aeruginosa infection treatment market in 2018. The segment is anticipated to lose some market share during the forecast period. Major pharmaceutical companies are focusing on developing new class of cephalosporin for the treatment of various P. aeruginosa infections. This is expected to fuel the growth of the cephalosporin segment.
Moreover, new cephalosporin (fifth-generation) was developed for the treatment of gram negative bacteria such as P. aeruginosa, methicillin-resistant staphylococcus aureus, and others. The launch of new cephalosporin class of drugs is likely to boost the growth of the segment.
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Combination Therapy to be Most Attractive
In terms of medication type, the global pseudomonas aeruginosa infection treatment market has been classified into monotherapy and combination therapy.
The combination therapy segment dominated the global pseudomonas aeruginosa infection treatment market in 2018. Increase in drug resistance in monotherapy has resulted in a rise in the demand for combination therapy for the treatment of P. aeruginosa infection. Combination therapy helps increase compliance, synergy, and efficacy, and reduce side effects and cost. These factors are projected to boost the growth of the combination therapy segment.
Additionally, the growth of combination therapy for treatment of pseudomonas aeruginosa infection is attributed to the rapid onset of action, high bioavailability rate, cost saving, and high efficiency.
Intravenous is Most Preferred Route of Administration
In terms of route of administration, the global pseudomonas aeruginosa infection treatment market has been classified into nasal, oral, and intravenous
The intravenous segment dominated the global pseudomonas aeruginosa infection treatment market in 2018. Most of the drugs available for intravenous route, high accuracy in dosing, and rapid onset of action compared to other routes are anticipated to propel the intravenous segment.
Most physicians prefer the intravenous route for the administration of drugs, because the entire administered dose reaches the systemic circulation immediately, resulting in the rapid onset of action against bacteria.
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