Antibiotic Resistance Market Major Key Players And Latest Trend Analysis Till 2030: Grand View Research Inc.Posted by Sona Kulkarni on March 14th, 2024 Antibiotic Resistance Market Growth & Trends The global antibiotic resistance market size is expected to reach USD 12.48 billion by 2030, registering a CAGR of 5.27% from 2024 to 2030, according to a new report by Grand View Research, Inc. Rise in the number of antibiotic-resistant infections due to misuse or overuse of antibiotics is a major factor attributing to market growth. Moreover, the increasing patient base across the globe and high costs associated with the treatment of diseases is anticipated to boost the market growth over the forecast period. The prevalence of gram-negative infections is increasing at an alarming rate. These infections have lesser treatment options available in the market. The high unmet needs result in high demand for new therapies and, therefore, small and medium-sized pharmaceutical companies are actively involved in the development of novel treatment options. Moreover, the government and other organizations are also aiding research activities to drive the development of innovative therapies. Multiple mid-level biotechnology companies have entered the arena with targeted therapies for antibiotic-resistant infections. Various manufacturers are developing therapies, especially for drug-resistant infections, that target a smaller population subset. The U.S. government in alliance with BARDA is supporting several companies to boost the development of new therapies for antibiotic-resistant diseases. BARDA has also been associated with pharmaceutical companies such as GSK; Tetraphase; Basilea; Astra Zeneca; and many more. Many countries and international organizations have formed dedicated groups or alliances to monitor and study the pattern of drug-resistant infections. For instance, the WHO has introduced the Global Antimicrobial Resistance Surveillance System (GLASS) to monitor antibiotic-resistant infections at a global level. Similarly, the Public Health Agency of Canada has introduced the Canadian Antimicrobial Resistance Surveillance System (CARSS) to study drug-resistant infections pattern at the country level. However, according to a review published by WHO in March 2023, the antibiotics pipeline activities are limited, with only 12 new antibiotics being approved between 2017 and 2021. The review further stated that there are only 27 new candidates under development, out of which only 6 are considered “innovative” enough to be capable of overcoming antibiotic resistance as defined by WHO. Request a free sample copy or view report summary: Antibiotic Resistance Market Report Antibiotic Resistance Market Report Highlights
Access Press Release@ https://www.grandviewresearch.com/press-release/global-antibiotic-resistance-market Antibiotic Resistance Market Segmentation Grand View Research has segmented the global antibiotic resistance market based on disease, pathogen, drug class, mechanism of action, distribution channel, and region: Antibiotic Resistance Disease Outlook (Revenue, USD Million, 2018 - 2030)
Antibiotic Resistance Pathogen Outlook (Revenue, USD Million, 2018 - 2030)
Antibiotic Resistance Drug Class Outlook (Revenue, USD Million, 2018 - 2030)
Antibiotic Resistance Mechanism of Action Outlook (Revenue, USD Million, 2018 - 2030)
Antibiotic Resistance Distribution Channel Outlook (Revenue, USD Million, 2018 - 2030)
Antibiotic Resistance Regional Outlook (Revenue, USD Million, 2018 - 2030)
List of Key Players in the Antibiotic Resistance Market
About Grand View Research Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Like it? Share it!More by this author |