The Global MRSA Drugs Market Report by MRFR stretches out accurate and descriptive details through the range of years 2018-2023. This Industry report comprises interior and outside exploration and bits of comprehension of MRSA Drugs Market.
MRSA Drugs Market -Highlights
Methicillin-resistant Staphylococcus aureus (MRSA) is an antibiotic resistant strains of the pathogen. MRSA infections are classified as hospital-acquired (HA-MRSA) or community-acquired (CA-MRSA).
MRSA causes infections such as skin infections, bone and joint infections, bacteremia, animal infections and others.
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According to bulletin of the atomic scientists, about 10 million people in the US (3.6 percent of the population) are immune-compromised. The World Health Organization estimated that about 36.7 million people had HIV/AIDS worldwide in 2016.
Thus, the rising immune-compromised population is expected to propel the market growth over the review period. Additionally, growing geriatric population projected to support the growth of the market since older people are more susceptible to MRSA infections.
MRSA Drugs Market – Growth and Analysis
World Health Organization estimated that during 2015-2050, the proportion of the world’s population will be nearly double from 12% to 22% and by 2020, the number of people aged over 60 years likely to outnumber children younger than 5 years.
Another strong driver is growing concerns of MRSA infections and increasing government support to curb MRSA. For example, hospital readmissions reduction program established under Affordable Care Act (ACA) financially penalizes hospitals if they have higher than expected 30-day readmission rates for diseases such as pneumonia.
High cost of novel drug therapy and low healthcare expenditure in developing regions projected to hamper the growth of the market over the review period.
For example, Pfizer’s Zyvox and Merck’s Cubicin, used for the treatment of MRSA have lost patents in major markets and their patent for alternative formulations and chemical forms is threatened by imminent patent expiry dates, which is expected to lower the market due to competition from generics and greater market fragmentation.
MRSA Drugs Market- Players
Some of the key players profiled in the report are Merck KGaA, Olon, Allergan, Baxter, Theravance Biopharma, Pfizer, Mylan N.V, Novartis, and others.
MRSA Drugs Market – Regional Analysis
The Americas accounts for a significant market share owing to high expenditure on the health care. The fastest uptake of new drugs in the US drives the MRSA drugs market.
Furthermore, concentration of the major healthcare companies in the developed countries of this region coupled with large insurance penetration is adding fuel to the market growth.
Moreover, the US expend high amount on its healthcare, which accounts for 16% of total GDP that also increases the sale in MRSA drugs market.
Europe is the second largest market in the world due to high income and strong healthcare penetration. The European market growth is led by countries such as Germany and France. Italy is expected to be the fastest growing region over the assessment period.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to the fast growing healthcare sector and large unmet needs over the forecast period. However Asian countries such as Indonesia, Vietnam, Japan, South Korea, Philippines, and Sri Lanka have higher prevalence and are expected to contribute highly to the market growth.
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MRSA Drugs Market -Segmentation
The global MRSA drugs market has been segmented on the basis of drug class, MRSA types, disease indications, and end user.
Based on the drug class, the market has been segmented as sulfa drugs, tetracyclines, oxazolidinones, glycopeptide antibiotics, and other. Based on the MRSA types, the market has been segmented as hospital-acquired (HA-MRSA) and community-acquired (CA-MRSA).
Based on the disease indications, the market has been segmented as skin infections, bone and joint infections, bacteremia, animal infections, and others. Based on the end user, the market has been segmented as hospitals & clinics, academic and research, and others.
World MRSA Drugs Market -Major Points from TOC
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global MRSA Drugs Market, By Type
Chapter 7. Global MRSA Drugs Market, By Treatment
Chapter 8 Global MRSA Drugs Market, By End User
Chapter 9. Global MRSA Drugs Market, By Region
Chapter 10 Company Landscape
Chapter 11 Company Profiles
Chapter 12 MRFR Conclusion
Chapter 13 Appendix
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