Report ID: SQMIG35D2240
Report ID:
SQMIG35D2240 |
Region:
Global |
Published Date: April, 2024
Pages:
215
|
Tables:
89 |
Figures:
69
Pseudomonas Aeruginosa Treatment Market size was valued at USD 4.9 billion in 2022 and is poised to grow from USD 5.2 billion in 2023 to USD 9.15 billion by 2031, at a CAGR of 8.12% in the forecast period (2024-2031).
The need for antibacterial research and innovation has grown due to the rising use of antibiotics to treat pseudomonas aeruginosa infections and the emergence of bacteria that are resistant to drugs. These factors are the main market drivers propelling the market's expansion. The worldwide market for treating pseudomonas aeruginosa infections has been divided into two segments based on the kind of medication: monotherapy and combination therapy. In terms of market share for treating pseudomonas aeruginosa infections worldwide, combination therapy accounted for about 74% in 2021. Throughout the projection time, the segment is probably going to stay the same. The demand for combination therapy to treat P. aeruginosa infections has increased because of rising drug resistance in monotherapy, contributing to the segment's growth.
Combination therapy lowers adverse effects and costs while boosting compliance, synergy, and efficacy. It is anticipated that these elements will grow the combination therapy market. In addition, the quick onset of action, high bioavailability rate, cost-effectiveness, and high efficiency of combination therapy are contributing factors to the surge in demand for treating pseudomonas aeruginosa infections. The global market for the treatment of pseudomonas aeruginosa infections has been divided into categories based on medication type, including aminoglycoside, cephalosporin, carbapenem, monobactam, and others. In 2021, the cephalosporin sector accounted for approximately 40% of the market. It is projected to keep things as they are for the duration of the forecast. The concentration of large pharmaceutical companies on the creation of a new class of cephalosporins for therapy is responsible for the segment's expansion.
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Report ID: SQMIG35D2240