Market research future published research report on global MRSA Drugs Market. The global MRSA Drugs Market is expected to grow at a CAGR over ~ 4.4 % from 2017 to 2023 .
Global MRSA Drugs Market is expected to reach USD 3.1 Billion by the end of the forecasted period from 2016 to 2022; it is confidently expected that this market has a bright future.
Most MRSA infections occur mostly to individuals who’ve been in hospitals or in other medicinal services facilities, for example, nursing homes and dialysis centers. When it occurs in these places, it’s known as healthcare services related MRSA (HA-MRSA). HA-MRSA infection normally is related with obtrusive techniques or gadgets, for example, surgeries, intravenous tubing or fake joints
Another type of MRSA disease has happened in most healthy individuals. Methicillin-safe staphylococcus aureus (MRSA) contamination is caused by a type of staph microscopic organisms that is resistant to a number of anti-toxins which are used to treat ordinary staph infections.
Among these individuals who are diagnosed with MRSA (CA-MRSA), it ideally starts as an excruciating skin boil and spreads by skin-to-skin contact. People who are contaminated maximum are at-hazard populations which includes, secondary school wrestlers, child care workers and individuals who live in crowded places.
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.
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. 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. The recommendations of the committee has resulted in hospital readmissions national priority and a direct financial incentive to reduce readmissions. The financial incentives for reducing readmissions and the rising cost of non-compliance is expected to benefit the MRSA drugs market.
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. Moreover, patent expiry is also expected to lower the market value due to generic competition. 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.
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Key Players for MRSA Drugs Market:
- Allergan, Plc
- Merck Inc
- Savara Pharmaceuticals
- Sealife Pharma
- Sequella Inc
- Theravance Biopharma
- Baxter International
- Cempra Inc
- Biopharma AS
- Galapagos NV
- NovaDigm Therapeutics Inc.
Regional Analysis of MRSA Drugs Market:
Globally North America is the largest market for MRSA Drugs; Europe is expected to be the second-largest market. Furthermore Asia Pacific market is expected to be the fastest growing market for MRSA Drugs.
MRSA drugs market has been segmented on the basis of drug class which comprises of folate antagonist, lipopeptides, tetracycline, oxazolidinone, cephalosporin, and lipoglycopeptide. On the basis of drug origin the market is also segmented into semisynthetic drug, synthetic drugs and others.
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The report for MRSA Drugs Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
We are thankful for the support and assistance from MRSA Drugs Market Research Report- Global Forecast To 2022 chain related technical experts and marketing experts during Research Team survey and interviews.
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